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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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   Posted: 24/Feb/2008 at 8:52pm |
Vijay jee, I just heard a very reliable source(for me at least) say to me...BIG BIG CRASH in next 3,6,12 months.
So, sell all you got. I shall sell all my holdings too on Monday. Hope this helps and take care.
DISCLAIMER: Always do your own due diligence before taking any action or believing anyone
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 24/Feb/2008 at 9:17pm |
Originally posted by vijayM
Basantji,
what is your view on market direction for next 3, 6 & 12 months?
vijay |
It is positive in the more then 12 month category. Others there is no point predicyting because we will all go wrong doing that. 
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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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vijayM
Senior Member
Joined: 21/Dec/2007
Location: India
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Posts: 649
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Posted: 24/Feb/2008 at 10:35pm |
Thanks basantji. I agree with you that no one can predict short term targets.
Omji: I could not understand your message. What is that reliable source? Can't digest that market will crash heavily from this level. Are you joking?
vijay
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
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Posts: 2296
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Posted: 24/Feb/2008 at 11:49pm |
Omjee, It is very surprising and shocking to see a message from you. What makes you say so ? Nobody ever can predict market , I hope you are not mesmerized by the rumors. Market always do the opposite of what the people think. My gut feeling, market will be at around 30 K by March 2009..and is becoming very attractive day by day, for serious long term investors, this is the right time to start participating in the market not the time to exit.. Anyways choice is yours.. 
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India_Bull forever Bull !
www.kapilcomedynights.com
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
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Posts: 2296
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Posted: 24/Feb/2008 at 11:55pm |
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What makes Rogers and Fabers labled as experts/authority on Indian Markets? Did they ever think in their dreams that Indian market will reach to such levels in last few years? Over a period of time I have understood , whosoever comes on TV channels and shouts has vested interest in it. It is not that because I am bullish on Indian markets and want to hear only positive things,but saying that market going to 12k levels is simply ridiculous, I am sure in our lifetime we will not see this level again.
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India_Bull forever Bull !
www.kapilcomedynights.com
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PrashantS
Senior Member
Joined: 14/Oct/2006
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Posts: 1294
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Posted: 24/Feb/2008 at 1:35am |
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i am sure we will go up before we go down....so lets see how it pans out
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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Posted: 24/Feb/2008 at 3:03am |
Originally posted by VijayM
Thanks basantji. I agree with you that no one can predict short term targets.
Omji: I could not understand your message. What is that reliable source? Can't digest that market will crash heavily from this level. Are you joking?
vijay
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Vijay jee, if someone who has spent considerable amount of time at TED still asks the question that you did, my post was the perfect answer(it was meant to pinch and I am happy that it did). Btw, it was a friendly pinch from a TED brother .
But I really won't accept any TEDdy asking these kind of short-term stuff...I am pretty sure it is clear to almost everyone by now what TED is all about. So when someone posts a short-term stuff, I personally feel insulted and hence my pinch.
Anyhow, hope everyone can take care of it from now on. I have been reading quite a few posts in the recent times...pertaining to short-term stuff on TED but after controlling myself for sometime now...I couldn't resist sharing a piece of my mind.
Originally posted by India_Bull
Omjee, It is very surprising and shocking to see a message from you. What makes you say so ? Nobody ever can predict market , I hope you are not mesmerized by the rumors. Market always do the opposite of what the people think. My gut feeling, market will be at around 30 K by March 2009..and is becoming very attractive day by day, for serious long term investors, this is the right time to start participating in the market not the time to exit.. Anyways choice is yours..  |
"He He He  " <--This is my answer! That message was meant as a JOKE!!
Anyhow, only thing I dont agree with is making a prediction about the index level. Focus should always be on individual stocks. Sensex at 30K or 40K or 10K...doesnt make any difference! ONLY THIN MAKING DIFFERENCE SHOULD BE "IS MY COMPANY MORE THAN DELIVERING ON THE EARNINGS?"
Thanks for sharing your piece of mind at TED India Bull jee, appreciate it!
Edited by omshivaya - 24/Feb/2008 at 3:11am
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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sushil
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Joined: 26/Jul/2007
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Posts: 67
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Posted: 24/Feb/2008 at 5:31am |
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Nobody can predict the market. NOBODY. If you look into the Interview of Marc Faber, it is "Can go down" and not "Will go down". Marc Faber knows when to invest to take advantage of such a situation though. You need to be in Cash(not 100% cash) to take advantage of such a situation. Even though I am a big Fan of Marc Faber, I do what I have to do. As long as Indian GDP is growing at this rate, there is no need to worry about the market. I am also sitting with good amount of cash to take advantage of such a situation if it may arrive, otherwise 8% interest is also good for my deposit.
Edited by sushil - 24/Feb/2008 at 5:37am
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Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company.
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