What is Recession??? ?

The story is about a man who once upon a time was selling hot dogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hot dogs. He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more & more raw materials and buns and use to sell more. He recruited few more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better store. As his business was growing, the son, who had recently graduated from college, joined his father.

Then something strange happened.

The son asked, "dad, aren't you aware of the great recession that is coming our way?" the father replied, "no, but tell me about it." the son said, "the international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times" the man thought that since his son had been to college, read the papers, listened to the radio and watched TV, he ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colorful sign board, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his hot dog stand. And his sales started coming down rapidly, same happened to his profit. The father said to his son, "Son, you were right. We are in the middle of a recession and crisis. I am glad you warned me ahead of time".

" What can we take away from this story??

How many times we confuse intelligence with good judgment?
Choose your advisers carefully but use your own judgment

People are so disullusioned with the stock market they feel it is impossible to make money from the market. The same people will reeenter just before the peak of the next bull market and lose their shirts again.

Money is there to be made...right here, right now! Trade the Nifty professionally and get over your recession woes!