Stock selection most important now

What is interesting is that yesterday we were blaming the market fall or the last hour dip on the weekly options expiry but sometimes market has this curious sort of premonition and maybe it was the wrong reason to blame the last decline and maybe the market was preparing itself for the kind of fall that was coming. What the US market action overnight has done is that it has again brought back fear into the market and fear is the stronger emotion than greed. So the sense I get is that, there is a possibility and high probability of market having a trend day today.

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