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Sensex again plunged 1400 points down

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Old 01-22-08, 12:26 AM   #1
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Default Sensex again plunged 1400 points down

Sensex has again plunged to a biggest ever plunge of 1400 points. What can we make up from this! Are the rumours about FIIs withdrawing fund is indeed coming true or is this just another correction (as p chidambaram says everytime market plunges)! I doubt that this is a correction but just a tip of a bigger iceberg soon to come!
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Old 01-22-08, 01:31 AM   #2
 
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I see this as normal although I am one of those who pulled each and every single penny out before th plunge

I dont know about others but my money is going back in first thing when the BSE opens.

It was a good wave riding for the last few weeks.

By the way now is the time to invest and the SENSEX will bounce back up again in no time and this is going to be a great ride again to book some massive profits when the sensex bounces back again ... not for the faint hearted though. If you are a long term investor just stay invested and don't worry about this plunge as it will surely go up again.
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