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.