Is BSE at 7500 possible within 1 year ?

Cactus · #71 8th March 2008, 11:27 PM

Long live amitt ........more than 200 years......with days of 50 k in every year.

agreed ...... 12 k (hopefully) would not be broken.

Quote:

Originally Posted by amitt29

Though i usually don't like to comment.

I will not see a close below 11999 in my lifetime.Assuming that i live at least 20 yrs more.

oxusmorouz · #72 8th March 2008, 11:29 PM

Quote:

Originally Posted by raosrinivas

he is worried he might not see 11999 .

Amitt's statement was

Quote:

I will not see a close below 11999 in my lifetime

This looks more like confidence rather than a wish or a worry to me.

marcus · #73 9th March 2008, 08:06 AM

anything is possible

oxusmorouz · #74 9th March 2008, 09:55 AM

Quote:

Originally Posted by marcus

anything is possible

Certainly can Marcus, no doubt. But we are talking about a 25% fall (on closing basis) in 17 trading days, which has happened only once in the last 13 years (23 April 04 to 17 may 04, a fall from 1892 to 1388)! Adding slight upside bias to the chart (as is the case in the index almost always in the very long run), the probability of that happening again is like .3%. So unless I get a return of more than 32,333% (3 Rs invested gives 1000Rs), I'd bet against that happening!

rajeshn2007 · #75 9th March 2008, 10:11 AM

two threads:

7500 in 1 year?
four figures?
DIIs net sellers !

conclusion: time to buy

amitt29 · #76 9th March 2008, 10:23 AM

Quote:

Originally Posted by oxusmorouz

Certainly can Marcus, no doubt. But we are talking about a 25% fall (on closing basis) in 17 trading days, which has happened only once in the last 13 years (23 April 04 to 17 may 04, a fall from 1892 to 1388)! Adding slight upside bias to the chart (as is the case in the index almost always in the very long run), the probability of that happening again is like .3%. So unless I get a return of more than 32,333% (3 Rs invested gives 1000Rs), I'd bet against that happening!

Awsome stats and inference.

Thanks.

renu daga · #77 9th March 2008, 08:03 PM

nice oxy!!

its a total work from a professional!!

renu

Khokan · #78 9th March 2008, 09:20 PM

Oxus,
Great work & analysis.
Pal

arnav_rulz · #79 9th March 2008, 11:24 PM

Quote:

Originally Posted by rajeshn2007

two threads:

7500 in 1 year?
four figures?
DIIs net sellers !

conclusion: time to buy

Spot ON.

Finally wen more ppl are turning bearish, the nearer the recovery is coming

kkseal · #80 10th March 2008, 12:10 AM

Quote:

Originally Posted by oxusmorouz

Certainly can Marcus, no doubt. But we are talking about a 25% fall (on closing basis) in 17 trading days, which has happened only once in the last 13 years (23 April 04 to 17 may 04, a fall from 1892 to 1388)! Adding slight upside bias to the chart (as is the case in the index almost always in the very long run), the probability of that happening again is like .3%. So unless I get a return of more than 32,333% (3 Rs invested gives 1000Rs), I'd bet against that happening!

Missed this one from Oxy.

Fascinating stuff!!

Regards,
Kalyan.

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