Greed and fear analysis of a typical Indian investor

Sensex at 12000: Ah! I should buy!

Sensex at 16500: Wait and watch

Sensex at 14500: The price is falling, I will wait.

Sensex at 18000: Uff!, I missed the rally.

Sensex at 20000: I can’t wait. All my friends have already bought. Buy!

Sensex at 21000: Wow, what a great pick!

Sensex at 14000: No problem, fundamentals are very strong. Let me average at this price.

Sensex at 12000: I am a long term investor, nothing to worry.

Sensex at 10000: There is something wrong. Should I sell and enter at lower price? What is the government and SEBI doing about small investors like me?

Sensex at 9000: I can not wait, sell!

Sensex at 8000: Thank God. I got out in time. I will never buy stocks again.

Sensex at 9800: Fundamentals are bad. There is no justification in the rise. I will stay away.

Sensex at 9200: I told you. It will fall further.

Sensex at 14000: It seems the economy is doing very well. Should I buy?

Sensex at 20000: Bought

Sensex at 12800: Ohh christ..they sold me all the junk at higher levels.