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Moneycontrol.com >> Messageboard >> Category >> Market View >> Market Outlook - Short Term
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13 Oct 2008 17:54

Hey lovemeall26,

:) Two days back I went SHORT to mint that money! :)

I did expect some rallies to come as downside was limited to that 3050 values!

I just lighten some SHORT positions to build a few more at higher level.

Will build more tomorrow if the market permits that around 3700! :)

Today, not much PLAY was DONE!

Just read some news here and there to understand the FUNDAMENTAL implications of Nationalisations of banks, liquidity inputs in different markets! :)

YEN DOLLAR ratio is still under 101 and has not improved considerably. :) So I do not expect market all over the world to go UP in Hurry!

Still trying to figure out (Speculate) what could be the BIG JOKER resulting in Deep Bear Corrections all over the world... I have got some idea as of now... but reading those BS news give an hint of the opposite ideas so far! So let us see! :)

Gud luk & happy investing! :)...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26

13 Oct 2008 17:52
View full thread (11 messages)

Tracked by: 1 Boarder

I know, I know..I just had to to vent my frustration at missing the bus by a few days :)...I cannot pretend that almost 50% price difference doesn`t matter to me. It has to appreciate 100% from now to even reach my buying price, and that is no mean feat.I am not a total believer of completely passive long term investing.Anybody who bought in 2006 and slept on the shares would probably be making nothing today. I guess the best returns can be made by playing the broad direction of the market over a few years. If you are not booking profits every few years, you are missing out on the bull-bear cycles.

Anyway, I bought some more on Friday to bring my average to 220 :D...

In reply to:

welguj

Posted by : souravkundu

Dear nebucanazza,

Its all perspective... One school of thought suggests buying in smaller quantities over a long period of time, while the other school of thought suggests buying in one shot and forgetting about it till your target timeline.

I believe in the second approach... and yes in the short term it hurts, but I do not get affected by such cuts. The business is growing, the conditions are favourable.. company is expanding.. what else are you worried about?

Dividends would come on time as well...

I my vision is much beyond a few months and I have taken my share of shares... and now its time for me to search somewhere else.

Do not worry about Welspun Gujarat at all... its a business you have invested in and 250 is not at all a bad price... infact if you ask me any buy price close to 20 times earnings is considered good... you were getting this below 20 times when it was at 250.. be glad that you bought it at that valuations... 5-7 years down the line people would envy you when you`d tell them that you bought Welspun Gujarat at 250..

Go long is my approach...

I have a list of companies which I find are fundamentally strong and have excellent growth potential going forward... they will reward the shareholders in the long term.

Regards,
Sourav

13 Oct 2008 17:40

how many months u will take 2 read that? then till that time ramge bhai ka kya hoga?...

In reply to:

Is indian economy collapsing????!!!!

Posted by : radhika_nandlal

Why dont u compose a second manusmriti and read it out to peahens?

13 Oct 2008 17:38

Someone tell this dude to retire! He\\\\`s completely off base as usual.......

In reply to:

Mkts to be volatile yet flat today

Posted by : MMB Messenger

The global markets are tepid. The Indian markets maybe volatile yet flat today. The weekend was quite with no major news and there may be a slight bounce in the market today. If there is no bounceback this week things will get worse going forward.

13 Oct 2008 17:37

if any one tells that nifty will go below 3000 it is mearly a fake statement
if indicies and economy of other countries are not performing well due to their own fault then it does not mean that our`s is also like that our corporate fundamentals are very strong it cann`t be shevered by impect of any other country.

nayan kahar
...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Of course shehnavaz bohra,

You have to avoid commenting especially when lalith posts something like this

Quote

Decoupling days were neither swong on , nor does being confirmed by any params.
Unquote

What is swong? what is params?

13 Oct 2008 17:34

Dear Lovemeall26,

Congrats on perfect targets.Could you share your choice of stocks for long term PF?

Thanks
...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello novice1000,
Many many thanks for your good wishes for my future tradings. I also wish and pray that you execute just the right trades which increases your wealth considerably. I also feel great that you appreciate the posts that I posted in the past few weeks. I am sure it must have come as a great help to those who are new here. Ofcourse the smart like you need not be guided , but for those who are not aware of future movements of markets,my homepage strives to help them out everyday.
Yes since the past one and a half year, I was a pure trader only. But now with stocks available at such mouth watering prices, its hard to resist from becoming an investor too. Hence, I have designated two of my demat accounts just for investments purposes wherein I am building up a great portfolio for my Long term holding. Half of it is already built and the other half is waiting for another big dip. Then I shall just forget about it for the next two to three years and see it build up automatically without any effort.
Anyway, thanks for your good wishes once again and all the best to you too.
lovemeall26

13 Oct 2008 17:32

hello lovemeal

I read ur views 2 days back , was it a guess,intution or inside news ...I need your views on reliance infra (adag grp) .I purchased it at 584 .... whats the future of this stock ...short term as well long term.

regd saavie...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26

13 Oct 2008 17:30

Please Stop Short selling in India. Investors are going in Loss....

13 Oct 2008 17:22

lovemeall26,

It is of great pleasure to read message posted by lalit Deshpandey on Friday. Great confidence.. great call on market it self.........

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : lovemeall26

Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26

13 Oct 2008 17:19

Guess you have deposited in Pvt banks ? Always go for gov banks, they are the safest ones....

In reply to:

Do you feel safe about your bank deposits?

Posted by : Big Joohn

Yes, they are a safe as a snowball in hell LOL

13 Oct 2008 17:16

Bank deposits are safe as long as the gov doesnt allow it to fall....

In reply to:

Do you feel safe about your bank deposits?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.

-MMB Messenger

13 Oct 2008 17:16

Hello BSR,
What a session of rally we had today just like how I had explained on my homepage two days back. I was anticipating this and went long in the morning and made a neat packet in the process. I believe you were short on the nifty, Did you suffer losses or are still holding unto your shorts. Did you notice, nifty closed exactly at my second resistance given at 3490.
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

Dear novice1000,

Quote
believe it or not...except some small technical pull backs, dont expect any rally either in 2008 or 2009.
Unquote

At present, I am not that pessimistic about year 2009.

Let us hope for the best!

Quote
Next 2 years, it will be bargain hunting for LT investors.
Unquote

I am not sure whether market will provide that long time for stock picking unless Sensex goes below 8800 or Nifty below 2600.

I do not foresee this happening at present!

As mentioned before, currently Low Volume Game is going on!

Low Volume Game coupled with Price action may look FAR WORSE than that actually is.

Investors who are into this GAME should remain in the GAME at least till the expiry of this month. All prices will not collapse before Fed meeting at the end of Month! :) Keep a watch on YEN DOLLAR ratio! That is improving slowly. :)

Just do some Homework before putting any FRESH investments into the market!

I hope that clears some BS points for current situations.

Gud luk & happy investing! :)

13 Oct 2008 17:12

Why dont u compose a second manusmriti and read it out to peahens?...

In reply to:

Is indian economy collapsing????!!!!

Posted by : MamaShree

Radhika ben,
no problem, as u wish, u can have multiple men,he he he, par ramge bhai ka bhi khyal rakhiyo 4 change. u r reading my rubbish posts an telling lies that u r not reading my post.this a typical attitude of older women.
yah, i also believe in minding my own business ben, but what can i do, i learnt from u this bad habit of poking my nose every where. if u correct urself, i will also. unless urself change, u can`t change the world. haina radhikaben. y dating site? mmb hai na. many r inspired by u an ramgebhai. tik.tik.

13 Oct 2008 17:09

Radhika,

I do feel that this theory was highlighted by few having no sense of Economy.......

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : radhika_nandlal

Of course shehnavaz bohra,

You have to avoid commenting especially when lalith posts something like this

Quote

Decoupling days were neither swong on , nor does being confirmed by any params.
Unquote

What is swong? what is params?

13 Oct 2008 17:09

Hello novice1000,
Many many thanks for your good wishes for my future tradings. I also wish and pray that you execute just the right trades which increases your wealth considerably. I also feel great that you appreciate the posts that I posted in the past few weeks. I am sure it must have come as a great help to those who are new here. Ofcourse the smart like you need not be guided , but for those who are not aware of future movements of markets,my homepage strives to help them out everyday.
Yes since the past one and a half year, I was a pure trader only. But now with stocks available at such mouth watering prices, its hard to resist from becoming an investor too. Hence, I have designated two of my demat accounts just for investments purposes wherein I am building up a great portfolio for my Long term holding. Half of it is already built and the other half is waiting for another big dip. Then I shall just forget about it for the next two to three years and see it build up automatically without any effort.
Anyway, thanks for your good wishes once again and all the best to you too.
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : novice1000

dear lovemeall,

If what i remember is correct, you entered stock markets not very long and as you told earlier you were a trader basically.Now you are evolving in to a full fledged trader cum investor.I really appreciate that pace.

I have seen your msgs which you posted in the past few weeks in this thread.To be frank, there is absolute clarity in your msgs about the real problems.

Now with both technicals and fundamentals, i can safely say that you will mint money during the next bull run.

Just a wholehearted best of luck...have a great time ahead..

regards

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