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Big crash coming tomorrow

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  #31  
Old 17th October 2007, 10:35 AM
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Default Re: Big crash coming tomorrow

All the stocks like ifci, rnrl, rpl, nagarjuna, jp hydro have hit their monthly supports, i think smart money has already bought, may be we may not fall too much now
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  #32  
Old 17th October 2007, 10:37 AM
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Default Re: Big crash coming tomorrow

Prayer for our members who are caught on wrong foot:=

1)Plz rise up ,your brain now needs clarity ,dont resign ,plz take plenty of water & deep breaths.
2) Fix an arbitary Loss fig of another 10% & see the price at 3.25pm nearing End of day if you could not liquidate already,chalk out a plan.
3) Life is not going to end here.

No prayers ;face the hard facts & read the situation.
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  #33  
Old 17th October 2007, 10:40 AM
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Default Re: Big crash coming tomorrow

Quote:
Originally Posted by uasish View Post
Prayer for our members who are caught on wrong foot:=

1)Plz rise up ,your brain now needs clarity ,dont resign ,plz take plenty of water & deep breaths.
2) Fix an arbitary Loss fig of another 10% & see the price at 3.25pm nearing End of day if you could not liquidate already,chalk out a plan.
3) Life is not going to end here.

No prayers ;face the hard facts & read the situation.
Lets see asishda how we end the day, i suppose BAKRA EID was 2 days ago why are markets celebrating it today
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  #34  
Old 17th October 2007, 10:40 AM
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Default Re: Big crash coming tomorrow

Quote:
Originally Posted by prabhjeetrana View Post
All the stocks like ifci, rnrl, rpl, nagarjuna, jp hydro have hit their monthly supports, i think smart money has already bought, may be we may not fall too much now
No illusions plz; no support is support for a falling knife.
Wait for EoD & be prepeared to experience another Circuit to-day itself.
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  #35  
Old 17th October 2007, 10:44 AM
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Default Re: Big crash coming tomorrow

News from Buisness Standard
----
Mkt crash: Finmin to address media at 1030hrs

BS Reporter / Mumbai October 17, 2007



Swinging immediately into action after stock market crash by 10% in the early trade today, finance ministry indicated, Security and Exchange Board of India (SEBI) proposals will be implemented only after wider discussion between finance ministry and market regulator, said official sources.

Finance minister P Chidambarm is expected to address the media persons at around 1030 hrs, after which, things will get more clarified, added sources.


----
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  #36  
Old 17th October 2007, 10:46 AM
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Default Re: Big crash coming tomorrow

Can someone tell what is the put option of 5200 currently, I think Indiabulls is stucks. I have some short positions for Nifty. Just want to book 33%

Regards
Raj
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  #37  
Old 17th October 2007, 10:51 AM
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Default Re: Big crash coming tomorrow

What a Brilliant opportunity to Buy quality stocks.!!!!
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  #38  
Old 17th October 2007, 10:55 AM
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Default Re: Big crash coming tomorrow

My terminal stopped working. I think lot of orders getting excuted and system is getting hung.

I wouldn't still believe that its right time to buy in hurry. Its better to wait and wait for people with no open positions.

Raj
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  #39  
Old 17th October 2007, 10:58 AM
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Default Re: Big crash coming tomorrow

yippie, now short sellers get punished
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  #40  
Old 17th October 2007, 11:00 AM
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Default Re: Big crash coming tomorrow

BSE 1507 down
NSE 524 down

market closed for 1 hour
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