Common fallacies of a novice investor watch out: 

• Understand that you don't know as much as you think you know.
• When it comes to investments you are a student for your life time there is no end to learning..
• Treat your Stock Ideas like a road map and  plan the destination for your investments. 
• We tend to think that we're more competent and smarter in spotting

 Stock Ideas it’s just the opposite.

I am of the opinion that bullish sentiment in power stocks will keep on going thanks to the reforms process the government has initiated in the sector. Awaiting action there are some clear signs of a further push from the government sops yet to come, the sector could be a market performer.

IT sector may take a beating on concerns of rupee riding on eight year highs against the dollar and possible slow down in US Economy; investors have fixed up hopes on the January-March earnings and 2007-08 guidance from Infosys to revitalize interest. But, they could be in for some dissatisfaction, as current brokerage research reports suggest a rather grave outlook for the sector in FY’08.

The markets have fallen more than 2000 points in a span of one month after touching a lifetime high of 14723 levels with a major part of selling in banking & technology stocks on Domestic and Global signals that were the driving factors for the collapse.

However I am of the belief that the steep fall in the past has created attractive buy

I think market will fall more even though RBI has come up with more sops. What happened on Friday is very much pinpointing of things to come in this New Year or at least for six to seven more months to come and the earlier we realize this better for our financial health.

Changes are happening very fast and this is certainly not good things for markets. Interest rates have moved up quite a bit in the last 6-9 months  

Hailed as the world's most sucessful stock market investor, Warren Buffet was ranked richest American in a list compiled by Forbes in 1993.
His track record in accumulating wealth through sucessful stock market investment is nonpareil. In 1956, he commenced his investment partnership with $10,000; in 2005 his net worth was estimated $44 billion.

Here are some valuable and golden quotes from him:

How you can make your investment decisions and where you find information? Now we have so many websites providing cinch of information, if you’re like many other people, you look to the experts to seek free advice on what to buy and when to sell.
That’s perfectly all right, however it is important to be aware that for every expert, there is an opinion and for every opinion there is an expert. It is like opinions are noses: everyone has one but you wouldn’t live in anyone else’s nose would you?

There cannot be any stock market discussion complete with out the mention of name Warren Edward Buffett a Must Read  if you are very serious about investing in stock markets and want to be successfull at it, this article has been presented exclusively for our readers to enlighten them on successfull investment philosophies, with information gathered from very reliable sources.

Where are the markets headed?? Well the truth is no one knows, but this is time to do some bottom fishing, and time to take a deep breath and ask a few questions to ourselves was the steep rise justified?? This is no time to panic at all for the value investor its time to rejoice indeed.
There are immense buying opportunities surfacing but please wait for some more correction if you have been watching NDTV or CNN by now you should have confused as to what it is all about when the markets are moving northwards they have three experts explaining as to what it is all about the rise.