This monkey may stay with you longer than you anticipate
The history appears to be repeating itself for the n th time in the stock market. The small time enthusiasts, who normally join the band wagon right at the top of the market cycle, have once again jumped into the market arena. Completely overwhelmed by the left-out syndrome, they are queuing in hordes in front of the counters where they had lost their fortunes, not long ago. Many of these scrips are trading at a fraction of the price they were trading 3years ago. Some notorious stocks that have inflicted huge losses to the investors and traders in past decade are also topping the volumes charts again. A strong urge to prove a point, rather than greed, appears to be the dominating factor here. Everyone wants to prove that it was their bad luck rather than lack of financial acumen, which caused them loss last time. I wish luck favors these traders this time. But in my heart I know for sure, this is not going to be the case. They will again lose! No regulator, no matter how strong and vi...