There is no need to explain the market

Recently I was reading a novel talking about the time history in which there is a sentence saying " History could repeat only people who know it will follow". Well, I am not a historian , also not a person to make any prediction. Making a prediction is as difficult as finding the historical reason, if not worse. Today if we look back, you won't be surprised that all of us got extremely excited when market soared above 14000 followed by a sell off. Now market has reached about 12900 at the close, have we reached the bottom? But if we check about the indicator, VIX, a well known one to monitor the market sentiment, suggests there will be more room to go for market hasn't got into deep panic yet. So for us long, it is still a time to hold on. We will know the market bottom once it comes and i believe it won't be too long. The better thing you need to do is to make intelligible bets over stocks who have solid fundamental.