Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 01/Oct/2007 at 4:18pm
That should be nice!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 29/Mar/2007
Location: India
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Posts: 4243
Posted: 01/Oct/2007 at 4:24pm
While some of the new ideas introduced like Kotak BankReliance Capital really hit throuygh the roof. In fact all financial stocks seem to have become a new flavour with anticipation of slackening interest rates and a flood of liquidity
The market is like a relay race where one sector passes on the baton to another, and so on. Media first, Capital Goods next and now financials. The question is - what next?
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 01/Oct/2007 at 4:55pm
Yes, and anyone who tries to play the 4X100 is disqualified either in the second or the theird lap. better to follow the marathon Ambani both in habits as well as in stocks!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Very well said Basantji. I used IFCI as a trading bet simpley because it had already been a 3 bagger(from 8 to 24 levels) and i thought the risks were too much. It ended up going up from 22 to 103!! I also have learnt a very good lesson through this experience.
Originally posted by basant
Question is IFCI was not discovered until it was a 3 bagger and even then aperson could have made a 5 bagger thereafter – I learnt it by not partcipating in it. Just reinforces a hindsight word of wisdom “It is never too late to buy”.
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
Joined: 10/Feb/2007
Location: India
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Posts: 2
Posted: 07/Oct/2007 at 5:58pm
basant ji , i am a new guy in this trade. i used to just apply for ipo only. but now i also want to trading. kindly advise me about powergrid, power finince, idea & central bank.
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 07/Oct/2007 at 7:33pm
Left tarding in 2001 so I am out of sync with that aspect of making money.Would urge you to try your hand at investing. It is normally more profitable and less stressful!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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