Positive Spin.

When a TV reporter or a website you regularly visit hollers, " The market is plunging and has lost 100 points!” “All markets are down today!” Most of us instinctively shudder. We don’t have to. Think of it, if the stock market fell on a day by 1.2% we panic and check with our financial adivser or the stock broker and try to sell our stocks. But if you hear the weather man on TV/Radio tells us the teperature is plugging and has dropped from 81 degrees to 80 degrees, that too it is a 1.2% drop, you will not panic. As a matter of fact don't even pay much attention to it. It is because we are afraid of losing money in the first case and not in the second case.

Think of it, if the way the TV reporters or websites report teh crashing of the markets in a different way how would it change our perception and hence change our reaction. Let us say there is a TV channel "Benjamin Graham Financial Network" (BGFN) and you switch on to this channle and the audio doesn’t capture that famous sour clang of the market’s closing bell; the video doesn’t home in on brokers scurrying across the floor of the stock exchange like angry rodents. Nor does BGFN run any footage of investors gasping on frozen sidewalks as red arrows whiz overhead on electronic stock tickers.

Instead, the image that fills your TV screen is the façade of the New York Stock Exchange, festooned with a huge banner reading: “SALE! 50% OFF!” As intro music, Bachman-Turner Overdrive can be heard blaring a few bars of their old barnburner, “You Ain’t Seen Nothin’ Yet.” Then the anchorman announces brightly, “Stocks became more attractive yet again today, as the Dow dropped another 2.5% on heavy volume – the fourth day in a row that stocks have gotten cheaper. Tech investors fared even better, as leading companies like Microsoft lost nearly 5% on the day, making them even more affordable. That comes on top of the good news of the past year, in which stocks have already lost 50%, putting them at bargain levels not seen in years. And some prominent analysts are optimistic that prices may drop still further in the weeks and months to come.”

The newscast cuts over to market strategist Ignatz Anderson of the Wall Street firm of Ketchum & Skinner, who says, “My forecast is for stocks to lose another 15% by June. I’m cautiously optimistic that if everything goes well, stocks could lose 25%, maybe more.”“Let’s hope Ignatz Anderson is right,” the anchor says cheerily. “Falling stock prices would be fabulous news for any investor with a very long horizon.

Don't you wish you have a channel or medium you could use. Exactly, the same thing I was thinking. Go ahead and tune into http://ramidirkr.blogspot.com/ for your cheerful media on stocks, list of all the stocks on SALE!!!!! in different stock exchanges. Initially we are concentrating on the DOW (New york, US) and BSE (Bombay, India) stock markets. I'll try my level best to add all the information I can, if you find any interesting articles or sales of stokcs please send an email to ramidirkr1.investing@blogger.com

No comments: