Vijay Kedia: 21/05/22
The market is crashing because everybody has a gambling device in their hands. About 95 per cent of people have become legitimate gamblers with their mobile phones all over the world led by the US. It is like playing poker or teen patti.
Bull market beginners become geniuses, advisors, chartists and economists overnight but in a bear market geniuses, advisors, chartists and economists become beginners.
Almost 95 per cent of people play blind. They don't know the fundamentals. New people come like a child and after 1-2 trades, they think of themselves as an analyst.
A new bull market will not come till the time euphoria converts into a crisis. When the market inches up a little, people think that it has reversed. This may last for a month or two. The market may make a bottom in the next 1-2 months. Bull markets are becoming longer and bear markets shorter. The new bull market will be led by stocks that did not participate last time.
