Nifty At 5000.....Performance Pressure!!!

After a long long time Nifty gave a closing above 5000! The Bulls deserve all the accolades for this feat, infact Year 2009 should be a real satisfying year for the Bulls for what has been accomplished so far. But all this leads to something called REAL PERFORMANCE PRESSURE! See there are a lot of people both in retail and pros, who have missed this rally (none will admit it publicly)!

Infact the pressure is more on the professional side because these are the people who compete against each other therefore there performance is ranked not only vis a vis the Index but also vis a vis others. What I mean to say is that a whole lot of money managers and so called paid service guys will be under a lot of pressure to better the Index or at least better the nearest competitor. This where you need to be careful, if you missed the rally and holding cash you better be holding it tight. You wouldn’t like to get caught (getting in) NOW, coz like the picture above, when COCKS start to Lay EGGS (all sort of stocks start hitting circuits), you are better off on your own. Let the dust settle and slowly get into your choice of stocks on dips. Don’t rush in now and for heaven sake don’t berate yourself for missing out on this run up-for there be plenty of run ups still to come!

One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or the first. These are two most expensive eighths in the world... Larry Livingston