It is evident that the highly valued stocks always corrects itself. It doesn't matter whether it is in a booming industry or a company with solid fundamentals, once it reaches high valuation, it will someday somehow corrects itself. By somehow I meant that the usual occurance in stock market. The news, people's psychology, candlestick formation, poor financial results, corporate mismanagement, lawsuits and price action. It is not necessary that any of this should contribute to the fall. But one thing for sure is that, once overvalued, it always corrects.
Being cheated is common. We get cheated most of the time. Sometimes the effect is large. Only then we realise that we are being cheated. Cheating comes from false beliefs. We believe in the things that we thought to be the truth, at least we accepted as truth. By giving us the false information they are rectifying the probability of manipulation. It's easier to get convinced in this time. There is no scarcity for information. I mean made up false information. They are very likely to get hooked and there is plenty of them in the market. Only thing left to the marketers is to pick one and throw it in the face. You are most likely to engulf. Because the rule book say so, you must do so. You cannot turn your your face when you are nicely getting manipulated, the rule books say. Even the craftsman man who designed these b.s rule must've been frustrated by consequence of these rules made to the folks. They must have thought someone someday would replace it instead of blindly pursuing...
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