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investment in shares

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(Querist)
19 August 2008 when market price of shares is very high or just double to its face value then weather we should invest or not & why?
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CA Subin VR

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CA Subin VR (Expert)
22 August 2008 the terms used you are, "very high" is a relative one. the decision of investment depends on the psychology of investor & market condition. In a Bull market, when share price doubles some investors think, it will rise again, then bullish investors will definitly buy it. But a Bear thinks, the share/market is over priced, he will wait to come down the share prices.

(just start trading then you will experience the market!)
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