Bloodbath in the market

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  #21  
Old 21st January 2008, 02:06 AM
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visakk is on a distinguished road
Default Re: Bloodbath on the market



Guys,

I posted a warning on Friday about fall.(of course not my own analysis)
I repeat again, my broker gave 100% sell call.
Why don't we sit on cash now.
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  #22  
Old 21st January 2008, 02:51 AM
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manafa is on a distinguished road
Default Re: Bloodbath on the market

Quote:
Originally Posted by surfingminds View Post
Monday expecting a Gap up opening and might close 300pts in green


Becuase the market will give more ups and downs during this season. And their is still possibility of touching 1800 levels.

Best approach would be to go for shopping in phased manner on each deep. I hope you all have the list of stocks you looking for.

best of luck.
Remember friday folks - everything seems OK untill the final hour when suddenly the rug is pulled under our feet. First they entice mostly the small investors into more buying and then bam they run off with their profits. Classic three card monty that goes on in our streets - das kaa sow das ka sow bhai....

Be real carefull about gap up and other assumptions. There is more bad news on the horizon for US and global markets. Untill that settles its better to be very cautious.

Happy Trading
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  #23  
Old 21st January 2008, 06:27 AM
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Default Re: Bloodbath on the market

Hello,

On Friday when market was falling call money rate was 60%. In fact as oer the news it all happened because REL Power IPO was closing on that day, Banks were to report their cash under CRR and RBI system failed (Slowed down), for cash transanctions amongst the banks. Later in the day Call Money rate dropped down to 7.5% which is normal. This will definitly have its effect today.
Rajeev
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  #24  
Old 21st January 2008, 07:24 AM
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kodalisa is on a distinguished road
Default Re: Bloodbath on the market

The markets are down again ? any idea how long the slide will continue ?
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  #25  
Old 21st January 2008, 08:23 AM
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Unhappy Re: Bloodbath on the market

Heavy bloodbath!!! today.....get into large caps on every dips.....if support 5670 breaks the watch for First support is 5470....else that broke u can c 5000 in few days....

Last edited by rickyric_ny; 21st January 2008 at 08:40 AM.
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  #26  
Old 21st January 2008, 09:07 AM
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Default Re: Bloodbath on the market

Quote:
Originally Posted by rickyric_ny View Post
Heavy bloodbath!!! today.....get into large caps on every dips.....if support 5670 breaks the watch for First support is 5470....else that broke u can c 5000 in few days....
This is quite a possibility...
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  #27  
Old 21st January 2008, 10:19 AM
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Default Re: Bloodbath on the market

Quote:
Originally Posted by rickyric_ny View Post
Heavy bloodbath!!! today.....get into large caps on every dips.....if support 5670 breaks the watch for First support is 5470....else that broke u can c 5000 in few days....
Watch out for the index today...
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  #28  
Old 21st January 2008, 12:17 PM
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Default Re: Bloodbath on the market

Thanks to CNBC/NDTV,we have some interesting words these days for market corrections.....Bloodbath!!Mayhem!!Meltdown!!
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"You cannot change the direction of the wind,but you CAN adjust the sail..."
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  #29  
Old 21st January 2008, 12:24 PM
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Default Re: Bloodbath on the market

dnt worry buga kkeep buyn dnt short ... we will c a bounce back by feb a sharp one once the fiis start pumping we start humpin hehe
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  #30  
Old 21st January 2008, 12:38 PM
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Default Re: Bloodbath on the market

Quote:
Originally Posted by deadman walkin View Post
dnt worry buga kkeep buyn dnt short ... we will c a bounce back by feb a sharp one once the fiis start pumping we start humpin hehe
below 18975 close....fiis start pumping the air out of the mkts...
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