Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 07/Jul/2008 at 6:24pm
Originally posted by PrashantS
but basantji when we were at 21000 no one talked about such EPS ...same thing can happen on the downside also
what i mean to say is if there can be optimism at 21k why cant we have 10kor lower as a pessimistic target...cant say 12k is where things are extremely attractive...
Unless you transact at a point it should not matter at what levels sensex goes I normally think of where the sensex would be in the next 12 months rather then on a particular day in the next 12 months where there is no compulsion for an investor to transact.
'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: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 07/Jul/2008 at 6:38pm
Higher from here but more importantly we should monitor whether the companies we have invested in will become cheaper - rising eps. Everything else should follow.
'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: 19/Feb/2008
Location: India
Online Status: Offline
Posts: 90
Posted: 09/Jul/2008 at 8:30pm
I don't know if you guys got to watch it, but there was a very nice interview with Ridham Desai on CNBC called 'Tracking the Bear'. Quite good insights on bear markets, valuations, time periods etc. And surprisingly grounded. While I may not agree with all he says, I think a lot of what he says makes sense. Do watch it if there is a rerun and knowing CNBC there is bound to be one.
Beware the Black Swan. It may be lurking down the corner. Technical Analysis may help you find it in a hurry!
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 09/Jul/2008 at 8:49pm
Ridham Desai has been a bear for the past several quarters and while the bears have got it correct we need to see whether they can accurately become a bull before the market becomes one.
'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: 31/Mar/2007
Location: India
Online Status: Offline
Posts: 1229
Posted: 09/Jul/2008 at 5:32am
I read his interview. He is very clear with his views and supported with the data. He is certainly bullish with India equities. Looks like a very knowledgeable person.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
