With inflation inching upwards in the week and lower than expected IT giant Infosys results, with DOW sliding and all the other Asian markets bleeding more than 3-5% every day, a retail Investor is surely confused.

On October 10, we were at a situation that we may even touch below 10,000 level. Prime Minister Manmohan Singh who was in Srinagar to inaugurate the first train service in the troubled valley was forced to acknowledge the problem and assure the people across the country and beyond that everything was in control and there was no reason to panic.

Finance Minister P Chidambram who has been reassuring the industry and the country about the stability and good health of the economy today cancelled an important visit to Washington DC.

As an investor, I also felt that markets will stop at one point but there is no end for this erratic market which is not in the mood to listen any positive news but reacts on a slightest of negative news.

Chidambram has recently reviewed the Balance Sheets of the leading banks and has assured that our banks are based on strong platform. Indian economy is still intact and companies are still acquiring businesses from all around the world.

The problem lies with US and which is partially spread to Europe. Yes, up to some extent we may be affected as we are taking the beating as a result of problems faced by the global leaders but at some point of time our markets will derail from the crisis and may trade stable. I feel the moment is very near.

The key is to have patience and watch the market closely. According to me, a retail investor should not look at selling options and should show some patience, as it always pays. Also, this may not be a good time to enter the market to average your positions. Retail investor should wait for the market to show some stablility, let it recover some part and then intelligently invest in fundamentally strong stocks.

BUT THE KEY IS PATIENCE!!! WE ARE HERE TO STAY as our grounding is strong.