Chief_Kamani

Roping in FIIs was the best thingthat happened to the Indian markets. The bad thingthat happened (common in every market) was that greed got way into rational thinking at 21000. Rather than get out many got in.

Same way(atleast for people in cash) The FIIs by their stampede mentality(on both sides to & bottom) have brought A group shares to mouth watering levels one should surely buy now at these levels atleast into shares which have single digit PEs and book values.
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Hi LM

If you new to the markets and a bit worried, I wud not blame you being US Based, I myself am UK Based. The idea is no one knows the bottom or top of the market. I was a complete seller 18500 onwards and finished selling by the time it was around 19500. The markets did another approx 2000 pts. Everybody told me I was wrong and the markets were headed for 25000. From my experience since 1992(Harshad Mehtas Boom -- When I started investing in the markets) never listen too much to the general view.
Either go by fundamentals or technicals, learn on e of them if you have to or better still both(atleast the basics)
I go by pure technicals but then I only invest in A Group shares which means the top 20-30 shares which I know are not going out of business, like Reliance, ICICI Bank, etc.

My view is markets may go down another 5-10% but then again we do not know. If anyone really knew exactly where the market is headed they would not be on this message board they would most probably be the one who is being interviewed(aka Rakesh Juhunjhunwala).

I strongly believed 12500 was the bottom as per my studies, it is broken now but I was 50% invested at that level and am buying at every level until I get fully invested. Which I am this week.

few of my stocks are at 15-20% loss but I am not bothered as I know when the market turns I am fully invested and ready for the next bull run.

People who will wait for a bottom will be still in cash and will most probably invest at above 12500 as the turn normaly happens fast just like inJanuary 2008 when the markets turned and the party ended.

You can check my archives to see my post before Nov 2007...

Was in malta last weekend and happened to see voila, a load of Tata Indica, Tata Safari and the Tata Pickup (cannot remember the name). Made me feel so proud to be an Indian..
I had been one of the most ardent supporters of the Car Project, especially as the markets did not believe in them and drove the share price to Rs 35.

I found very few supporters then in the fund management Industry. But then I do not blame them as our politicians like Mamta are the ones who mess up projects with their attitudes.

I am glad that Ratan Tata took the tough decision of abandoning the Singur Site and get on with life.

Looking forward to seeing the Nano on the UK streets, will be surely one of the first in line to buy it!!.

No Thank You Mamta for lowering Indias(especially West bengals) Investment Image in the world!!!.

Hope such Politicians are fewer as time goes on. Thats when India will be a major Superpower until then we can never be as people like Mamta will pull back anybody who tries to go ahead....

As always, Good advice. I have been increasing my INVESTMENT with every drop in the Indices. And am now starting to make long positions in the Index via spread betting.

All are like I said Investments and to emphasize long term. One will only make money if you buy when everybody runs for the door.!!#

A Happy Diwali to you and all with a PROSPEROUS YEAR AHEAD!!!....

In the last 4-5 years I do not think the markets have given such a buying oppourtunity. If there is a capitulation ahead today, Buy all fundamentally strong stocks without hesitation.
Markets will recover...Do not listen to scaremongerers, Do you think India is winding up??? yes there is doom and gloom ahead but the markets will recover. Invest what you can hold for a year or so and you will see double to triple digit gains over a 2 year period.

Buffet also made a paper loss on his first investment but finally made money when he sold which went on to give 4 times more returns had he held on..which is when he learnt to hold for the long term...
Look at the past the US came out of the great depression as well. The markets recovered long before the economy did.

Is reliance closing down?? then why the closing down sale on its stock price?? The reason is that sensex/index based scrips have FII holding who may be selling for cash flow reasons, as well as hedge funds selling to take advantage of the fera in the market.

I believe in a simple theory When the panwalla(no offence he may e richer and cleverer than you and me) asks you "saab kya share leneka?" is the time to sell and when everybody says sell the world is coming to an end is the right time to BUY!!

In the short term you may lose money on paper but when it recovers your paper loses disappear soonner than you can blink your eye!!!...

I did not know that a 3-5% decline below buy targets really killed anyone(except speculators/day traders). Darling, I have had sceptics tell me(see my archives) in October last year all bears were dead when I posted that the markets were due to go down to 12500 (mkts then were at 18750 or so). It did go another 3000 pts nearly that is 17% offside but on the way down not many people could sell as it came down so fast.. u blinked and u missed it..

trend changes happen suddenly and fast. the one who pre-empts it is the one who makes maximum money.

I strongly believe in the 12500 bottom, though I do not have a crystal ball which tells me this is sacrosant. I am fully invested and could not care if it falls another 1-2000 pts as I know when it bounces back all the bears or bulls who were waiting for the bottom and did not preempt it will be wondering what hit them!!...

it was a lovely morning after a 3 week wait in cash!!! especially with the closing pattern. tomorrows candle should confirm the bull run!!...

udydudy-But what happens in case there is a depression/recession!!Then Industrial Production will fall and there could be a demand recession!!So let the markets fall and at a given price we could get something to nibble at mouth watering levels!!But really there is no serious hurry to BUY!!CASH IS KING!!...

Hi udydudy, Perfect post at perfect time.I agree with you sir, but most of retail investro like me are confused if they should buy now or when sensex slips to 1k levels as same stocks will be available 202-5% more cheap. I am in US these dayz and the economy is going for a toss like anything. 700$ billion cant save more than couple of banks and many more banks are ready to crumble. So instead of buying now, will it not be good to wait and watch and then go for buying? I am just asking this question so that i can understand whether it is correct to enter now or enter after sometime? Thanks in advance. Cheers !!! lm...

Dear udydudy We have seen margin pressures in the markets, bankruptcy came next and many bank have gone burst in the US. But still we are in a denial mode to sell stocks by the public in general and also seen less redemption pressures on mutual fund. we are just seeing the distressed selling from the FII`s which is moving the index down. But we not seen the mass exodus still by the public hence the capitulation has not been witnessed here in India still and has to take off and sooner the better. Capitulation in india might be at the stage when we see 50%-60% sell off from top on the index. Cheers...

Dear udydudy, Your message deserves a 5 Star Rating and I have given so. You are bang on target. Even Prashant Jain of HDFC Mutual Fund has said "You find Multibaggers more in a Bear Market". The markets may fall another 10%, even 20%, but it will not become a Zero. These FIIs are in a Bad Shape, they HAVE to sell to meet the Redemption Presurre they are facing back home. It is THEY who are facing the problem and hence selling, they Why should You and me sell, it is the time to BUY. India is in a High Growth Mode. Smart money always chases High Growth. And it will not be long before the Inflows start flowing again. Then, my dear friend, don`t cry over split milk and say you missed the rally again. Buy, now. Preferably spread your investment and stagger them. Best of all, invest through Mutual Funds for Maximum Returns with Minimum Effort. Best of luck, Srikanth Shankar Matrubai. ...

As a bear market really gets rolling, fear turns to desperation, desperation turns to panic, panic turns to capitulation, and capitulation turns to despondency.Finally, despondency morphs into depression, just as the market begins to turn higher. We think it is clear that we have seen panic and capitulation over the last couple of weeks.So in last few weeks,there was a look of despondency and depression on the faces of Equity Investors!!So now we are likely to get into a very interesting phase,in which no one can predict which ways the Markets are headed to!!India still has internal consumption and growth story!!But the constant FII Selling,rising dollar,low liquidity,high interest rates,inflation & loss of investor confidence are playing...

There was a clown on CNBC from FICCI who claimed there was som 4.8 million acres of cultivable land that was not being cultivated and farmers should use that rather than hankering after their own land in Singur... My comment to that was why could the TATAs not use non-cultivable land that shoudl be some 4.8 billion in India ? Did they need extremely fertile land where exotic vegetables were being grown and the per acre yeild was in lakhs !!! Come on Buffoon better go outside India... Malta or Delta or Pulta and drive the Indica rather than making useless comments here on the board... On second thought maybe u can donate the land on which you have built your house for the betterment of ur city... Will you do that... i bet you won`t... Cheers......

all bulls are dead dear....