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Message Icon Topic: Can we make sense of the sensex? Post Reply Post New Topic
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PrashantS
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Quote PrashantS Replybullet Posted: 12/Dec/2006 at 4:48pm
is there a stock split in Pataloon basantji???
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basant
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Quote basant Replybullet Posted: 12/Dec/2006 at 4:50pm
Yes, it went exsplit today.Rs 2 paid up from Rs 10.
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PrashantS
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Quote PrashantS Replybullet Posted: 12/Dec/2006 at 4:54pm
well i think there is some panic selling from now...cricket11 on the radar basantji
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tusharutuja
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Quote tusharutuja Replybullet Posted: 12/Dec/2006 at 4:58pm
Sandeep, I wouldn't support the idea that just because today some stock haven't fallen, they are strong....I remember being invested in Jet around the may carnage....It didn't fall much on the carnage days, but fell like falling pins after the carnage in may end /june.

So the only solution is to buy stock which give you comfort and most importantly conviction! No point in thinking that just because some stock haven't fallen much, they are a good buy, you never know what drives the short term prices...
Probably if at all, those stocks should be picked up, which rise post the carnage...but this again is dangerous...

"Nothing competes with conviction"


Edited by tusharutuja - 12/Dec/2006 at 4:59pm
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catchsudipto
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Quote catchsudipto Replybullet Posted: 12/Dec/2006 at 5:51pm
Hi

I feel more or less sensex have bottomed out today. There might be bit of pain left here and there and we might not get that V shared rally from tomorrow, but it will be much better from tomorrow. The recovery will be a slow process initially, with lots of selling in every rise as few peoples will be very very egar to  cash out quickly. 

It will take time to heel this pain. But i am sure that it will hit new high again soon may be before budget. Lets hope for the best. .

sudipto
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harshbhandari
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Quote harshbhandari Replybullet Posted: 12/Dec/2006 at 6:06pm
Hi!! Infact my reading is that based on the figures, we may have some more correction tomorrow as people will be forced to close their positions since the last two days has seen a very brutal & severe downfall.
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basant
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Quote basant Replybullet Posted: 12/Dec/2006 at 7:12pm
people will be forced to close their positions
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When markets fall like this people do not close their positions. Their brokers help them into it and they are merely informed
'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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catcall
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Quote catcall Replybullet Posted: 12/Dec/2006 at 8:09pm

SALE ......SALE......SALE.........!!!

Some Quality Stocks Available at 40% to 50% discounts....

Venue: BSE and NSE, Timings : 10 AM to 3.30 PM

Offer open till stocks last...... HURRY!!!!

There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing!
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