Many friends have been seen desperately trying to pass their opinion in the form of news or message that due to some this or that reasons market has been down and it will bounce back.
Other set of friends are passing their message that market will go further down.
There is a third set of people who are predicting doomsday in Nepalese share market.
I think, this is basically a free market and everybody will do what they like to do. When demand dominates, price increases and when supply dominates, price decreases. The market over rules all other factors.
The optimists including myself will hold, enthusiastic optimists will buy. Fearful people will sell though with heavy heart and reluctantly. They are compelled to sell due to their need of funds, fear of further down of the market, strategy to buy when the market decreases more etc.
Let's accept the reality that we have no power to control the flow of supply or increase in demand. Rather than blaming the sellers for decrease in Nepse, let"s firmly take our positions be it buy, or sell or hold.
Yes, I agree that the third set of people are vagabonds or paid agents or sadists. They are irritating and allergic. Hence, I also blocked a few reluctantly. I agree with the great French philosopher Voltaire, when he says, " I Disapprove of What You Say, But I Will Defend to the Death Your Right to Say It," But, allowing barking street dogs at the middle of the night was too much and I were not Voltaire. I am only a tiny follower of his.
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