Joined: 05/Aug/2006
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Posted: 13/Nov/2006 at 7:10pm
Very very well recalled....
I am NOT calling for a Fall... rather i am of the view that the Upward Mommentum from now on could increase, with an Increasing A/D Ratio and an Outperformance of the Small Cap and Mid cap stocks compared to the Broder Indexes.. Like the Sensex Or the Nifty....
This could happen bcoz of "Fear of having missed the boat"
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
Joined: 07/Sep/2006
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Posted: 13/Nov/2006 at 9:59pm
yup
you r right bubble...now that environment of "all is well with the market " will start...no matter how dow or nasdaq performs...we will rise in a linear fashion ( a la april)...!100 million $ pumped daily by firangis....700 advances to 183 declines...couple of 100 points up daily...and then retail investor will run in...and bang !!..and then.....blood blood on the street !!!
Sincerely hope this time fall is not that sharp,if at all there is a fall ...pains to read or hear stories of people getting wiped out with there hard earned money (remember some guys in gujrat committed suicide in may)
F&O open interest is almost close to may levels...hope something drastic doesnt happen
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Posted: 12/Dec/2006 at 3:35pm
I would agree to that buy the stocks that you missed earlier do not buy because something has fallen 40%. Most of us have that psychological bias towards buying something that falls the most and more often then not this strategy is incorrect.
'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: 05/Aug/2006
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Posted: 12/Dec/2006 at 3:52pm
I would completely agree with BasantJi....buy only if you understand .... rembember the Sugar stocks when they cracked in May and look at their prices now. Those fell the most has kept falling ... and those which held out that time... were the leaders of the last rally.
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
Joined: 19/Sep/2006
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Posted: 12/Dec/2006 at 3:56pm
Thanks to the correction,giving a opportunity for people who missed the bus earlier...
Basantji,
Just watching the blood on dalal street from Swiss. I think HDFC,HDFC Bank, Pantsaloon,Educomp did not have much damage and stood firmly if I take a look at the figures. Dont know if this fall continues further but what are the stocks that you propose us to buy at this point of time?
Joined: 01/Jan/2006
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Posted: 12/Dec/2006 at 4:41pm
The old argument we remain a cricket maniac country! But there has been no damage really for example AB Nuvo has gone up from around Rs 800 to Rs 1200 now even if it falls by Rs 50 it does not become cheap - that is just a mirage but we have to go by what the market offers. I am not saying that Nuvo needs to be bought but just that these stocks are yet to see any kind of serious selling. Now let us look at Educomp it has come down a bit from Rs 800 to Rs 600 so this could make sense. Guess that is the best way we can take the market now.
'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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