Nifty has been falling for the fifth month in a row.
Is this the right time to buy the dip, or is more downside ahead?
At this point, I am sitting on cash. Continuing on select few SIPs.
@Vikas.Y @Hemal_Chhatrala @Er_Sanjay @UjR @nikhil_shinde @neo2564 @xKrishna @Quantraz @Chetan_Suri @Subrat_Sankhua @Chintal_Shah @leela_ka @Lalit_Malviya @Purella_Srinivas @Purvi_Agrawal @Rishi_Solanki @Rishi_Shah @TusharKB @Waseem_Mansuri @Yogesh_Bhadra @Yogesh_Patil @FOR_STOCKS @equity_engineer @ValueInvestor0 @balapv @Mihir_Rajput are you investing or sitting on cash? What’s your view?
I recently talked with a friend who lived through the market crash in 2008-2009 as an active trader.
He shared how the same feelings we see today were present back then. He recalled his friends fear of missing out on buying during dips. People were cashing out their fixed deposits, selling gold, and rushing to buy anything they believed was a bargain.
They kept buying as prices dipped lower and lower. Sadly, most of his friends ended up having to sell their stocks at the lowest point because they needed cash for other expenses in life.
If any one really knew with certainty then there is lot of money on offer 
Anyway better to buy and do SIP in bear market (not yet there but close) than doing Systematic debit from our account and systematic credit to AMC account during a bull market.
I invested a huge chunk in DSP Nifty Private Bank NFO - The Banking Valuation is insanely below 10 year average.
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Yes, only in by 5 months from the ATH ( ~15% down) , while in 2008 - 2009 it was like 10 months (~65% down ) to bottom out from the ATH.
Longest Period in 28 Years! Not sure where this 28 year data fits into these numbers.