Do you follow those “Blue Channels“?
To be more specific, by “Blue Channels” I am referring to the “Business Channels“ and the so called experts who blabber on the television for the sake of it.
If we go by the standards of Credit Suisse, becoming a stock market expert is left hands play and all of you reading this can try you hand at it. All you have to do is predict a higher SENSEX level when the market is going up and predict a very low SENSEX level when the market is heading south.
Moreover, the same applies not just for SENSEX but for commodities, currencies, etc.
Jul’11 market review by Credit Suisse expert: SENSEX to touch 22,000 in 12 months
Dec’11 market review by Credit Suisse expert: SENSEX to touch 13,500 by Jun’12
By now you may have realized that how much importance should be assigned to the blabbering on the Business channels.