Market will be up 1000 points tomorrow

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  #1  
Old 22nd January 2008, 06:18 PM
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Default Market will be up 1000 points tomorrow



Our market will be up 1000 points tomorrow. This is no prediction.
Markets are extremely oversold.
Also, this is a wishful and hopeful thinking for our investing and trading community.
Hopefully the worst is behind us.
Hope for a better tomorrow.
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  #2  
Old 22nd January 2008, 06:29 PM
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Default Re: Market will be up 1000 points tomorrow

All depends on US markets.. US will open in an hour, picture will be clear by then
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  #3  
Old 22nd January 2008, 06:44 PM
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Default Re: Market will be up 1000 points tomorrow

Quote:
Originally Posted by sharmaji View Post
All depends on US markets.. US will open in an hour, picture will be clear by then

Was just reading few articles in the net regarding the US Markets..looks like there Dow jones Futures points is already down by more than 500 points..
..quoting from the article..
"Dow Jones industrial average futures dropped 516 points. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest one-day point loss ever for the index, according to Dow Jones Indexes."

So..how to face tomorrow... .. scared...but lets hope for the best...
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  #4  
Old 22nd January 2008, 06:48 PM
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Default Re: Market will be up 1000 points tomorrow

Yeah, I just saw on the news, futures points down by 531.. scary things happening..
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  #5  
Old 22nd January 2008, 07:17 PM
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Default Re: Market will be up 1000 points tomorrow

rajesh good thought
hope for the best worst has gone.
I am investing some moeny tomorrow what everyt he market position is.
i guess we were ready to buy at a much higher price and were happy.
but now when market and many good share prices are very low we can buy them now as an investment(not trading) and i hope/wish market will improve a lot in another week time.

even though every suggests that stay away from investing now but i m of strong view that LIC and mutula funds will buy now for them this is the correct time i accept them to enter market inanother day or two?

please correct me if i am wrong?

how many of u accept indian money entering market in next few days?
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  #6  
Old 22nd January 2008, 07:25 PM
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Default Re: Market will be up 1000 points tomorrow

Quote:
Originally Posted by digest View Post
rajesh good thought
hope for the best worst has gone.
I am investing some moeny tomorrow what everyt he market position is.
i guess we were ready to buy at a much higher price and were happy.
but now when market and many good share prices are very low we can buy them now as an investment(not trading) and i hope/wish market will improve a lot in another week time.

even though every suggests that stay away from investing now but i m of strong view that LIC and mutula funds will buy now for them this is the correct time i accept them to enter market inanother day or two?

please correct me if i am wrong?

how many of u accept indian money entering market in next few days?

I just feel that we may have to wait for few more days to see exactly if the bottom is over...because....we don't how US markets opens up and recession and all that blah,blah.,blah.....

So I am little confused if this is the right time to enter..although I thought otherwise today morning.

What is best approach now..? Sitting idle..?
Please share your views...
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  #7  
Old 22nd January 2008, 07:37 PM
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Default Re: Market will be up 1000 points tomorrow

Feds cut rate to 3.5%, FTSE and other european markets up, hopefully US will open up as well and sensex will follow the suit..

Last edited by sharmaji; 22nd January 2008 at 07:48 PM.
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  #8  
Old 22nd January 2008, 07:45 PM
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Default Re: Market will be up 1000 points tomorrow

At present its difficult to find the bottom.
Best would be start investing in phases important is that fundametally strong companies are at discount if it goes down more dicount
so my approach is
1. pick best fundamentally strong stocks and allocate your money
2. devide your money in 5 parts
3. buy 1 part every week or every dip if you can time till feb end or even continue till march.

Can't say. I fear this can even go to 14k or 12k levels it can happen if money dries up no fundamentals and technical works. atleast your approach can best suit the situation and you face minimum loss.
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  #9  
Old 22nd January 2008, 08:06 PM
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Default Re: Market will be up 1000 points tomorrow

Temporarily it seems some stability will return to the market.Because most of the F&O 'poison' is out of the market.
one cannot time the market and buy at lowest point.
SIP is okay method to invest in fundamentally good stocks.
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  #10  
Old 22nd January 2008, 08:12 PM
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Default Re: Market will be up 1000 points tomorrow

8:15 PM- US markets down by 3.26% already
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