I am of the view, or have an unclear view, when retail participation either direct or via MF would slow down, or even get halved, if indeed it happens. And a part of such participation, I feel, will cease to exist if there is a sound fall which impacts all the markets. Or maybe it could happen that, it will not cease to exist, because every participant becomes somewhat informed, understands the situation, and does not leave. I read comments from regular people, who I believe don’t work in corporate, talk about Fed meetings, G20 summits etc. So maybe the change has begun or it is still under construction and may tremble. I am not sure.
Like an economy fueled by debt, maybe our market too is running in motion with the help of continuous inflows from new entrants, who are replacing disgruntled or loss hit participants, so the machine may very well keep running until the next catastrophe from the West occurs.
While I am concerned about the misinformation and misleading aspects of the education, I like the current environment as I get to see good liquidity all around, for my shorter term bets. And I don’t know what would I do if indeed there is a crash and PF becomes halved. I was not in the market when GFC occurred.
So I guess, I should learn to go along with the tide, and have an ark too, if indeed a crash is around the corner.
Just some random thoughts.
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