Bull cycle in the stock markets
Bad news phase
Action: accumulate good stocks at great prices
Horrible news
People talking about it in office
SIP numbers dropping
No news
Excitement phase
Action: keep foot in door to exit, safeguard capital
More sign ups for demat accounts
Accelerating SIP numbers
Herd Excitement Phase
Action: begin to take out weak growers
People talking about it in office
Cab drivers talking about stocks
Wake up alarms. Something bad happened
Action: exit as many stocks as possible
People are in disbelief.
Stunned
Free fall
Action: sit tight.
Bad news starts.
People panicking in office
People booking losses
Falling safe hit the floor
Action: start looking for stocks with high RSIvsNifty
People saying they will never buy stocks again
Fall in SIP contributions hit lowest point in 52 weeks