To see the potential of gains you need to go back to Jan 2007 when the index touched 6,000 points. We are still under 4,000 points. Then although the usual zig zag of the curve will remain, get your focus on the next 1 year of 2. The profit taking and demand supply dynamics will always lead to corrections, but for me if the price goes down, well I can increase my stake and if up then I won't mind the profits.

I have been investing long term but it has not been paying off especially because the economy changed from good to worse. So i made a resolution to monitor the market prices on a daily basis, buy low sell high. Though there have been bad days, overall it's paying off.

Volumes/Turnover is also shrinking with falling prices, i expect upswing even as early as later today (if i were a day trader i would bet on it), ofcourse this is just a good guess from my long instinctual observation and not a technical analysis, lets see.