Its a Bear Market and not correction

raosrinivas · #81 11th February 2008, 04:16 PM

Quote:

Originally Posted by yatishjain

14000 is the worst for sensex., around 4400 is for Nifty

Bull markets have no resistence, and bear markets have no support. nothing is sacred during a sell off.

manafa · #82 11th February 2008, 06:00 PM

Its a Bird, Its a plane, Its a bull, Its a bear - Its a "Global Crash".

Not sure if there is a term for this.

1. What do you call a market condition when there is repositioning from one market to another

2. A balancing of portfolio, except now its from one country to another. Huge money was made over the few years and Indian retailers have no more blood to give - Now its time to cherry pick a host of other suckers out there.

3. There are no fundamental changes in a market, no slowdown in productivity, future growth outlook is encouraging and no logical indications pointing either way.

I would simply call it manipulation. There was a real good article on how some institutions have become good at creating bubbles. Investment needs bubble to sustain and have become self sustaining bubble making machines, completly independent of the governments. More bubbles will be made over the years. Its a whole new psycyology of investing.

Happy Trading

surfingminds · #83 11th February 2008, 06:38 PM

the over hype the strech value are bubbling out and this is the best level what market is showing now.. but unfortunately the panic selling causing the cascading effect

I will not be surprised if we see 14 or even 12 K at sunsex. 4K at nifty.

Guys don't conclude so early 16 K is just 20% loss from the peak. Why you forget how it went 40% per anum.. so 3 years bulll give some chance to bears atleast an year or so..

Keep watch on US events, Budget, change in Gov this will keep the market restlest. Giving opportunity for investor for summer shopping discounted
and traders the best time to make money.

Panic will come when I loose 50% of my portfolio.. even then i will average out and buy more.

regards.

surfingminds · #84 11th February 2008, 06:47 PM

I believe in India.. I believe in Indian growth..
And I am making sure that the money i put is on right people. If top people on indian economy can't deliver the growth then who will do that.
In that senario i will be unhappy not for loosing money but not achieving the growth what we dream as India.

uasish · #85 11th February 2008, 06:53 PM

Quote:

Originally Posted by surfingminds

the over hype the strech value are bubbling out and this is the best level what market is showing now.. but unfortunately the panic selling causing the cascading effect

I will not be surprised if we see 14 or even 12 K at sunsex. 4K at nifty.

Guys don't conclude so early 16 K is just 20% loss from the peak. Why you forget how it went 40% per anum.. so 3 years bulll give some chance to bears atleast an year or so..

Keep watch on US events, Budget, change in Gov this will keep the market restlest. Giving opportunity for investor for summer shopping discounted
and traders the best time to make money.

Panic will come when I loose 50% of my portfolio.. even then i will average out and buy more.

regards.

" Why you forget how it went 40% per anum.."

When Essar Oil or RPL can rise Parabolically then it can also fall ,valid point.

surfingminds · #86 11th February 2008, 07:53 PM

RPL I am very possitive about the Jam nagar refinary project. Even they are ahead of the schedule as reported on Jan 15the project is expected to be complete before 08

But don't forget its always nice to report figures and I don't doubt the achievement of the RPL team and still believe them

But the real operational risk will come when it goes live. So far everything seems good Hope it creates history atleast for me the share value risk is been reduced on every drop of the price and will enter into it so that i have only risk associated with the RPL not the share market.

I am looking to average out RPL based on what bottom it shows. I have a simple approach when it comes to chart

Draw a line and then and calculate the slope. and based on the value of the angle you can easiliy make a decision if its good value and if the 20% growth is sustainable for next 5 years or not.

I am talking about long term which was upset due to the short term players, sales agent and market mania.

MiLiNDOnline · #87 12th February 2008, 01:16 PM

Quote:

Originally Posted by surfingminds

the over hype the strech value are bubbling out and this is the best level what market is showing now.. but unfortunately the panic selling causing the cascading effect

I will not be surprised if we see 14 or even 12 K at sunsex. 4K at nifty.

Guys don't conclude so early 16 K is just 20% loss from the peak. Why you forget how it went 40% per anum.. so 3 years bulll give some chance to bears atleast an year or so..

Keep watch on US events, Budget, change in Gov this will keep the market restlest. Giving opportunity for investor for summer shopping discounted
and traders the best time to make money.

Panic will come when I loose 50% of my portfolio.. even then i will average out and buy more.

regards.

Hi,

It is a good suggestion to buy more and average the price, but for that one needs to analyze the bottom of any scip price to buy at dips..

And looking at the current ongoing happenings in the market we are more heading towards the DOWNSIDE than on the upside.. This is my personal opinion.

So i would ideally like to wait for few more days while keeping my fingers crossed.

Thanks.

yatishjain · #88 12th February 2008, 01:46 PM

Hey All friends have you heard or read this one;;;;;

"There seems to be some perverse human characteristic that likes to make easy things difficult."
-Warren Buffett

sudoku1 · #89 12th February 2008, 04:35 PM

MKTS R LIKE SNIFFER DOGS...
they can smell the future in advance......
thats why its often seen that even good news does not satisfy the mkts in bad times & vice versa.....
in other words , the mkts discount the future in ADVANCE....
may b the INDIA earnings slow down r already in prices.......!

prabhjeetrana · #90 12th February 2008, 07:51 PM

Today Nifty closes for 2nd day below 200 DMA, any close now above 200 dma will be a wonderful buying opportunity and prices may start running up pretty fast like they did after Nifty went below 200 dma in May 2006

Hope to have learnt some lessons from May 2006 and make good money this time if we get a chance