Bloodbath in the market

[Prabhjeet]

Re: Bloodbath on the market

I am not at all saying its time to buy now, time will come at the end of week which will tell whether we buy or not, correction has been of a very severe intensity and if at all bull market is intact, todays' low for NIFTY should be bottom for next 2-3 years

 

[bombaytrader]

Re: Bloodbath on the market

RNRL and RPL are not good stocks. And the stocks that are indeed good like RIL etc you can't ask for better levels, in the market at some point you have to take a call on the fundamental value and then compare that to the market value and when you feel that the ratio is favour of the fundamentals you have take that risk of losing 5,10,15% and go out and buy. Have conviction in your analysis and the fundamentals of the company. Excesses will always happen in the market both on the upside and on the downside and to me this looks like an excess on the downside. Investors have to take advantage of these excesses, traders make their money on price fluctuations and volatility and as they say 'Those who live by the sword, die by it'.

 

[Venkat123]

Re: Bloodbath on the market

I think a 40% correction in this market is posssible. That's what happened to US S&P 500 after the 2000 bubble correction.

 

[AmoghG]

Re: Bloodbath on the market

Today will go down in history as the best example of herd mentality...

 

[deepsa52]

Re: Bloodbath on the market

Today will go down in history as the best example of herd mentality...

Sometimes it pays to go with the herd, I dont want to be in front of a bunch of man eating bears

 

[jnj333]

Re: Bloodbath on the market

Sometimes it pays to go with the herd, I dont want to be in front of a bunch of man eating bears

One needs courage and intelligence to pick the right stocks at this time.

 

[Prabhjeet]

Re: Bloodbath on the market

Today will go down in history as the best example of herd mentality...

Very well said mate, sometimes it pays really well to be a fool in the market and catch the gems which people are throwing without knowing their value

 

[MiLiNDOnline]

Re: Bloodbath on the market

Very well said mate, sometimes it pays really well to be a fool in the market and catch the gems which people are throwing without knowing their value

Hi P,

Which Gems we are talking abt. which are getting thrown?

Please let me know.

Thanks

 

[krishna23]

Re: Bloodbath on the market

awesome brought welspun guj at 355,reliance ind at 2160,gmr infra at 115 & aban offshore at 2730...

 

[nansrired]

Re: Bloodbath on the market

One needs courage and intelligence to pick the right stocks at this time.

Thanks but where is the money LOL.