Market has once again shown, who is the boss, who is the smartest. It has done what it does best, make us part with our hard-earned money.
Market has fallen in the oversold category. Technically an oversold bounce is due which could come tomorrow. Market has so far wiped out all gains made in last 12 months. If you have not been cashing on the highs of the market, you are a net loser, doesn’t matter whether you invested in bulk any time during last 12 months or invested in SIP. Sounds scary. Yes, it is very scary. Market is sinking, people are running for cover. There is no place to hide.