As India wakes up to start a new day of trading, markets have crashed world over. The Dow closed at 8579, down 678. The Nikkei is down 974 points at 8183.
THIS IS A FINANCIAL CRISIS
1. Volatility will be extremely high. Do not trade. Wise traders stay away in such situations. .
2. Do NOT try to catch falling knives.
3. Cash is King. Remember, a fool and his money are soon parted