ASI - 6235 points were shattered, heading down......

Rupee Cost Average, Rupee Cost Average, I say again Rupee Cost Average. If you are reading this post, I ask you do you belong to the 2% or the 98%? Out of my clients ONLY 2% are buying on weakness. The rest of the 100% are nowhere. But this is not unique to us, it is the same all over the globe. In other markets if some one says you are buying Oil Companies, you are considered to be out of your mind. But in the US, Warren Buffet's Company Berkshire increased their investments further in a Company called Kinder Morgan, which is a company in the Oil industry.

Get your self geared now to value pick in the markets with a plan. You will be in the league of the minority of the Best Investors.

As I've been posting the critical support in the ASI of 6235 points could not sustain this time, despite the fact that the interest in to Stocks have turned positive in other parts of the world. All these days many said we are following Oil prices and world financial markets, but now some say our market lags the others by a few days. If that is true then soon we must follow suit. Let's hope it does.

But this is another salient aspect we must remember in markets. Something optimistic, happens all of a sudden when all are pessimistic.

Since the index could not hold on to the 6235 points support we are now heading down towards 6200 to 6000 area. Let's hope that it will sustain else we will see further turmoil. Seeing the prices fall amidst the index fall, will make more opportunities available for the mature investors in any age group.