As I watch my shares fall in both BSE/NSE and TSX. I feel that I cannot do anything. I simply do not understand what is happening.
My calculation that Gold would be stable and hold value seems to be wrong given the reports that in India, investors are selling Gold to buy blue chips at rock bottom prices. This is in a way mixed news because it would mean that there is optimism in the market and I hope tomorrow sees the BSE/NSE pick up.
Meanwhile, I have been able to pick up some good scrips yesterday in BSE and TSX at really good prices. On hind sight I could have waited it out a day or so more especially since the U.S market was closed.
I am going to try my best not to look any more into my portfolio until this volatile period is behind us, but at the same time feel that i would later regret not having done some bottom fishing!!