Major Red Flag Raised

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  #1  
Old 31st July 2007, 12:25 AM
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maxmak is on a distinguished road
Default Major Red Flag Raised



I am raising a Red FLAG on Indian Equity Markets.
I am bullish for a few days.
However I am Raising a RED FLAG on Equities.

What does a Red Flag mean.
Pause your purchase, Encash your profits.
Focus should be on Getting out.

There is a Dead End ahead.

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  #2  
Old 31st July 2007, 12:45 AM
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Apurv7164 is on a distinguished road
Default Re: Major Red Flag Raised

What's the reason of sudden red flag???
Kindly explain so that new commers like me can understand it in better way....

Thanks,
Apurv

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  #3  
Old 31st July 2007, 12:53 AM
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Dev Mookerji is on a distinguished road
Default Re: Major Red Flag Raised

Quote:
Originally Posted by maxmak View Post
I am raising a Red FLAG on Indian Equity Markets.
I am bullish for a few days.
However I am Raising a RED FLAG on Equities.

What does a Red Flag mean.
Pause your purchase, Encash your profits.
Focus should be on Getting out.

There is a Dead End ahead.
I do agree. But Major trend will be remained intact as bullish.

dev mookerji

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  #4  
Old 31st July 2007, 12:47 PM
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ggn08 is on a distinguished road
Default Re: Major Red Flag Raised

If you are certain that the Major trend would continue, then you should raise Amber or Orange Flag and not Red Flag.
However, how long do think this downturn will last? If it is temporary, that is less than a week, then don't raise any flag at all.
I agree with you tha the major trend in the economy is up. However, the profitability of Indian companies would not be as high as it was in the past. Therefore, there would be a strain on valuation of stocks.
The is a strong sentiment abroad to invest in India, as their avenues to invest are fast drying up.

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  #5  
Old 31st July 2007, 01:15 PM
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ratan jain is on a distinguished road
Default Re: Major Red Flag Raised

Ok I am raising a multicolour Flag

Red
blue
green
pink anyone?
light pink
shocking pick
off white

Analysis of all colours to follow after I understand it first

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  #6  
Old 31st July 2007, 02:24 PM
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zeekid is on a distinguished road
Default Re: Major Red Flag Raised

Hello Ratan Sir,

Have been reading your posts (scattered all over the site) and really enjoying them. You have got a gr8 sense of humor (spot)!!

Will be waiting for your analysis (of colors, ofcourse)!
Regards

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  #7  
Old 31st July 2007, 05:07 PM
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Default Re: Major Red Flag Raised

Red Flag is raised when the ground under one gets slippery.Where there is unclear vision.
What this means is we have to be cautious.

Rattan- I like your spirit and the choice of your colors.

The Red Flag will automatically come down if we see a 3 day continous close above 15800 area.Than i will ask Rattanji to hoist his most Bullish Flag. Till that time
CASH IS KING.

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  #8  
Old 31st July 2007, 11:18 PM
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renu daga is on a distinguished road
Default Re: Major Red Flag Raised

hi
some joke ,,
i am holding a flag of rainbow colours!!!!!
now ,,,tell me ,,which colour,,u like,,,,

renu

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  #9  
Old 31st July 2007, 11:33 PM
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Dev Mookerji is on a distinguished road
Default Re: Major Red Flag Raised

Quote:
Originally Posted by renu daga View Post
hi
some joke ,,
i am holding a flag of rainbow colours!!!!!
now ,,,tell me ,,which colour,,u like,,,,

renu
Renu I love the entire rainbow.

Holding some of the best ones

in my portfolio....since

Kashmir valley days

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  #10  
Old 1st August 2007, 12:02 AM
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maxmak is on a distinguished road
Default Re: Major Red Flag Raised

jhanda ucha rahe renu kaaaaaaaaaaaaaa.....................
Well Renu one needs to be very careful as most Elliot wave theorists were pointing out that there would be a steep fall. anyhow maine janda toda niche kar liya hai.............

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