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kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
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Posts: 1229
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 Posted: 15/Jul/2008 at 10:39am |
Hi Basant sir, Do you think we are in a bear market?
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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 15/Jul/2008 at 10:54am |
That is a no brainer!
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'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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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posts: 9319
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 Posted: 15/Jul/2008 at 10:55am |
Opinions (aur padhne waalon ki) ki koi kami nahin hoti jab Sensex ki baat hoti hain:
corporate earnings at risk which means India might actually be trading at a higher multiple than 13.
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Edited by kulman - 15/Jul/2008 at 11:02am
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Life can only be understood backwards—but it must be lived forwards
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kanagala
Senior Member
Joined: 31/Mar/2007
Location: India
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Posts: 1229
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 Posted: 15/Jul/2008 at 11:00am |
Originally posted by basant
That is a no brainer! |
Well, i am worried about recovery. Read that, before start of the next bull market is going to break the spirit of faithful investor. Do you think it is going to be that much painful before we see the light.
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While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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Musketeer
Senior Member
Joined: 12/Feb/2008
Location: India
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Posts: 310
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 Posted: 15/Jul/2008 at 11:17am |
Originally posted by kanagala
Originally posted by basant
That is a no brainer!  |
Well, i am worried about recovery. Read that, before start of the next bull market is going to break the spirit of faithful investor. Do you think it is going to be that much painful before we see the light.
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Maybe the article where you read it, meant faithful = addicted, glued to the market.
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Be fearful when others are greedy. Be greedy when others are fearful.
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basant
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 Posted: 15/Jul/2008 at 11:20am |
There has been a lot of pain already and markets are about taking the pain with the gain. If you do a simplistic sensex level analysis then we are just in April 2007. So even now with hindsight we are enjoying the benefits of 4 years of bull market.
The trick to making money in the markets is to buy cheap and stocks get cheaper only when the bears are around. Problem is since everything falls 60% and more everything appears cheap on price wise and therefore it is imperative that we evaluate stocks on the basis of financials and whether the EPS would keep rising and how much would the companies be affected by the environement.
I know it sounds easier then it is but that is how money can be made. We need to buy stocks keeping the odds in mind and such a strategy would help in controlling the pain.
The pain cannot be wished away but can always be handled and that is a challenge.
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'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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kulman
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Joined: 02/Sep/2006
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Posts: 9319
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 Posted: 15/Jul/2008 at 11:29am |
Originally posted by Musketeer
Maybe the article where you read it, meant faithful = addicted, glued to the market. |
 that hurts!
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Life can only be understood backwards—but it must be lived forwards
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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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 Posted: 15/Jul/2008 at 11:29am |
Maybe that is what is meant by " No Pain, No Gain ".
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Be fearful when others are greedy and be greedy when others are fearful.
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