Avoid Being a Long-term Disinvestor - Anil Desai

Just enlarge the above chart and study the notes: The chart is of Nifty future on monthly basis.


Another chart of Monthly Nifty Future: Look at the ADX indicator indicating strong weakness in long-term uptrend and no sign of any reversal. Beware, insanity will return below 4010. Just away from the market till a solid reversal indicator appears, otherwise your hardearned money will go in the drains.

Quote: Ludwig von Mises used to say that governments will always try to get people to focus on prices when thinking about inflation. But rising prices are a result of inflation, not inflation itself. Inflation is the increase in the money supply. If we understood inflation that way, we would instantly know how to cure it: simply demand that the Federal Reserve cease increasing the money supply.