Buy Buy Buy!!

Prabhjeet

Well-Known Member
#1
fed has cut rates,dow has formed hammer pattern yesterday,si is touchin bottom on rsi all indicators are very bullish for now
play for a bounce till atleast 14600 - 14700 levels on sensex
my personal choices BHARTI , INDIA INFOLINE , INDIABULLS REAL ESTATE
 

Prabhjeet

Well-Known Member
#3
yeah right, its only a bounce back and not end of correction
 
#4
at least we agree that is a correction and not the end of the bull market - which many people are quoting. im a stern bull and can go on and on about how this bull market is here to stay.

We should just market the market falling, rather should buy such deeps cuts. ofcourse realizing that what we buy can correct 5-10 % more but then im sure 9 out of 10 cant catch the tops and bottoms.

Remember may 2006 - people said that it was the end of the road for the bull run, which has been proved wrong.
 

jnj333

Active Member
#5
I am buying for the last two days and will continue to buy throughout the next 1000-1500 point more correction which is left for whole of august.!!!!

Just pick quality stocks for long term and you will see 16000+ till apr08.
 
#6
if it bounces back it might touch 4360. But as most of the technical charts shows its next stop is 3630. Because yesterday it crashed its 200 days average of 4059. We are dependent on foriegn markets and FII withdrawals : which might continue till OCT 07.
 

kkseal

Well-Known Member
#7
at least we agree that is a correction and not the end of the bull market - which many people are quoting. im a stern bull and can go on and on about how this bull market is here to stay.

We should just market the market falling, rather should buy such deeps cuts. ofcourse realizing that what we buy can correct 5-10 % more but then im sure 9 out of 10 cant catch the tops and bottoms.

Remember may 2006 - people said that it was the end of the road for the bull run, which has been proved wrong.
It's good so many people believe it's a bear mkt The majority is always wrong. That gives mkts a better chance.

Regards,
Kalyan.
 
#8
It's good so many people believe it's a bear mkt The majority is always wrong. That gives mkts a better chance.

Regards,
Kalyan.
if it were so simple, it would have been very easy. the real problem is the majority is sometimes right and sometimes wrong, and your judgement regarding when the majority is right or wrong is sometimes right and sometimes wrong.:confused:
 
#9
if it were so simple, it would have been very easy. the real problem is the majority is sometimes right and sometimes wrong, and your judgement regarding when the majority is right or wrong is sometimes right and sometimes wrong.:confused:
Excellent !
 

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