Markets in BUBBLE ZONE?

oxusmorouz · #31 4th January 2008, 10:42 AM

Quote:

Originally Posted by sudoku1

technically.....no need to worry for bulls until sensex closes below 17950 on a med term basis.. then only think of fiis shorts & sub prime & what not....
abv 17950....every bear will pay heavily for shorting...
this is only a technical presentation & nothing to do with the fundamentals..
as technicals r mirrors of stock mkts & mirrors never lie...
so whatever the players do, is reflected in the charts.....

Technically, you seem to be missing a point.
http://www.traderji.com/143025-post24.html

bharatk8 · #32 4th January 2008, 11:46 AM

A friend,who is managing funds of 2.50Crores on PM basis has sent following mail.BTW he is not interested in soliciting business & he refrains from posting in forums,to avoid controversies.He is neither gifted writer nor a jugglar,but he has knack of reading the pulse of mkt.

Dear Bharatbhai,

Last few weeks there is incessant selling by FIIs in stock futures. I have not calculated exact figure. But the open interest is at 55000 crores in stock futures where they are mostly short.

Just for a comparison in May 2006 the OI was 27000 cr approx. Off coarse in view of the index levels at almost double levels and addition of so many stocks in FNO the OI is still low as compared to those days.

But the pattern is somewhat similar in nature and this may continue for weeks or sometimes even a couple of months. But in my view wherever correction comes this time it could be as serious as May 2006.

You may want to caution your friends on this.

Regards,

Sanjay

prak_ks · #33 4th January 2008, 11:59 AM

Quote:

Originally Posted by kprgroup

Hi all
There are strong indications from global scenario and from insiders of the market that there will be a MAJOR correction in next 2/3 weeks time frame. And this correction may leave us at 15K level or so and this would continue for next 3 - 4 months time frame. Also many of the stocks which have shot up leap and bounds will fall with a BIG thud. So I would request all boarders to throw more light into the above fact so that other boarders would benefit from the information shared.

Also there are indications to be more in cash say 75-80% in cash and 25-20% in STRONG stocks and renter.

Smart Trades (5-10%) could earn from it up's and down and i guess the rest would lose badly if it happens.

My advice - Keep cash in hand and don't sell everything. Stay invested in fundamentally strong scripts & Buy on big dips !

Hi Kprgroup,
For a moment i was taken aback as my post

in mumbaibulls forum was cut and pasted as is with others comments added extra to it. Really amazing.. Ha Ha Ha..

see forum mumbaibull com / big-market-crash-correction-set-to-happen-t1456(dot)html

Regards
Prakash

sudoku1 · #34 4th January 2008, 12:58 PM

Quote:

Originally Posted by oxusmorouz

Technically, you seem to be missing a point.
http://www.traderji.com/143025-post24.html

its clearly mentioned that 17950 on MED TERM BASIS & 19050 on short term basis.....
so dont b confused..

visit our thread...'24th dec..................'

regards,

oxusmorouz · #35 4th January 2008, 01:15 PM

Quote:

Originally Posted by sudoku1

its clearly mentioned that 17950 on MED TERM BASIS & 19050 on short term basis.....
so dont b confused..

visit our thread...'24th dec..................'

regards,

You still don't seem to be getting the point. Please go through jpjain's post

kkseal · #36 4th January 2008, 01:56 PM

Bubble? - naa (only China)
Overbought - yaa.
25-30% correction needed to get back to healthy zone.

Regards,
Kalyan.

MiLiNDOnline · #37 4th January 2008, 02:19 PM

Quote:

Originally Posted by kkseal

Bubble? - naa (only China)
Overbought - yaa.
25-30% correction needed to get back to healthy zone.

Regards,
Kalyan.

Hi Kalyan,

Do you think that the correction is about to come, as the bull run has been continuing from long time, and many ppls are awaiting for the correction of about 3000 to 5000 Points, at least this is the info we have heard- that the correction is likely to hit the market very soon!

And once the correction will happen all the penny which has increased like anything in last few months , weeks will come down to earth

What are your views, please post.

Regards,

RSI · #38 4th January 2008, 03:08 PM

Quote:

Originally Posted by kkseal

Bubble? - naa (only China)
Overbought - yaa.
25-30% correction needed to get back to healthy zone.

Regards,
Kalyan.

Kalyan is right. First we have to define what is a "bubble" and what is an "overbrought" zone. May be line of distinction is very thin and sometimes it may even be invisible. But I am happy to note that many members here are not over optimistic and are not in a mood to buy whatever names they hear. Glad to see that maturity.

sudoku1 · #39 4th January 2008, 04:09 PM

bubble will now b confirmed only when sensex closes below 18050.....
however , on a short term basis , a close below 19525 will b a temporary setback for the bulls......

rajeshn2007 · #40 4th January 2008, 04:54 PM

Look at ADAG cos today, RNRL up 20% for the past few days, adlabs up 20%, REL - up 20%(bcos of rel power ipo).
all these stocks up , just because anil wants to become become no.1.
market cap game.
jindal, essar all want to move up in forbes list. they are driving up their own co stocks. just frenzied buying.

View Poll Results: Markets in BUBBLE ZONE?
YES	47	62.67%
NO	28	37.33%
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