Saturday, May 23, 2009

Good Earning Day

The day had started well for me yesterday. The business was as usual. I am a very very small time (tiny!!) player of stock market. I bought couple of shares at least 6-7 months ago. Unfortunately the stock market started tumbling since then!
The SENSEX and NIFTY kept going on a nosedive for several months! The prices of the shares I have bought went down to less than 40% of its original value for quite sometime during the past months. I was very determinant in not losing my money. So I have decided not to sell any of my shares until the prices bounce back to normal or even better!!
The wait was over by yesterday as some of my shares' value went up to more than 45% of the price for which I have bought. But still, I haven't sold the shares as the up trend happened only at the end of the day of trading yesterday.
I predict the bull-run will continue on Monday morning also! But I should gleefully watch the market for uptrend. If it is negative, I should sell them immediately.
It was a really good earning day!!

No comments: