10-27-2004, 07:16 PM
Dear members,
I agree with some members who have rightly pointed outâ¦.my own view too is that it is refined form of gambling. The stock market is driven by two emotions greed and fear. People are caught up in the boom fever and pay beyond the worth of shares this is the greed that drives bull markets. In bear markets, people get carried away with the ruling pessimism and are eager to sell their investments believing in the worst rumors this is the fear that dominates bear markets.
The aim of investing in stocks and shares is to buy at low and sell at high. Knowing when is however, the problem. Many investors attempt to time the market they try to figure out when the market is going up and buy before it does and then anticipate when it is going to crash and sell before that. This is what is called SPECULATION. apart from above, other practices like short selling and COTs, using inside information make it completely illegal. aND YEAH I too did'nt find any FATWA on this ..wud love to see one
<font face='Book Antiqua'></font id='Book Antiqua'><font size=5></font id=size5><font color=blue></font id=blue>
Idrees
I agree with some members who have rightly pointed outâ¦.my own view too is that it is refined form of gambling. The stock market is driven by two emotions greed and fear. People are caught up in the boom fever and pay beyond the worth of shares this is the greed that drives bull markets. In bear markets, people get carried away with the ruling pessimism and are eager to sell their investments believing in the worst rumors this is the fear that dominates bear markets.
The aim of investing in stocks and shares is to buy at low and sell at high. Knowing when is however, the problem. Many investors attempt to time the market they try to figure out when the market is going up and buy before it does and then anticipate when it is going to crash and sell before that. This is what is called SPECULATION. apart from above, other practices like short selling and COTs, using inside information make it completely illegal. aND YEAH I too did'nt find any FATWA on this ..wud love to see one
<font face='Book Antiqua'></font id='Book Antiqua'><font size=5></font id=size5><font color=blue></font id=blue>
Idrees
