Jan 2018 correction...Writing on the Wall was visible but we all missed reading it....

Yes...we all missed the bus to sell in Jan 2018 when the euphoria was high...clear signals of market euphoria were easily visible when one of my friend who was investing in stocks previously would invest in only those stocks which only i suggested or recommended...and we were investing in only fundamental stocks with good and clear visibility...but these last few months i stopped giving him new ideas to invest because i did not like the way stock market was galloping ahead and the market had nothing to offer and also because i found there was greed everywhere...So from good strong fundamental companies he started investing in Penny stocks FOR trading purpose from November 2017 onwards so that he could make quick bucks...but finally the market got better off him...he invested in companies like... SUZLON .... ONMOBILE...MERCATOR...FOR TRADING PURPOSE but eventually in the last week of May 2018 after i spoke with him he sold all his penny stocks...yes all the above mentioned penny stocks he had to sell for a loss and they where down by almost 20% to 30% at least....So the writing on the wall was clearly visible and easily readable and specially for me it was clearly visible but even i missed the bus to some extent...also i did not expect the individual stocks to correct so much from there recent highs even though the froth was clearly visible... so now we all have no option but to wait patiently and see what the markets does next...also the FIIs were and are still selling continously from the last 6 months....but one good thing i have learned and observed is...a investor can understand the market very easily and the markets can prove to be beneficial to him only if he is MILES away from the noises created by the market....and especially from greed....so one has to always stay alert and have to be smart enough to recognize such situations and grab such Chances to make profit...
The current correction which started in Jan 2018 should last till August/September 2018 and thereafter resume its northwards trajectory.to new highs....is my prediction...

So happy investing for long term basis...and the structural bull market is still intact...the above article is my personal opinion only....and not a suggestion or a recommendation to anybody....