Its a Bear Market and not correction

[CreditViolet]

The point is not if we want to hear the words like bull market or bear market,the point is what those words actually mean in real trading for common people or traders.Those words are for them who want to read Newspapers and know from others(the reporters or analysts) about markets.We shouldn't pay attention to these terms,as in reality there is no bull or bear market.
In bull market,what the traders do is only taking long calls? Only shorting in bear markets?
In place of calling a financial market as bull or bear market,I would rather term the economy as bullis or bearish,like India or China is bullish economy.....but these bullish or bearish economy will serve no purpose in taking a TCS long call for 2 to 3 day swing,leave aside the daytrading.....
Regards

Very Well Said Sir

 

[romanov]

"Wanting to make money in the markets without accepting there will be losses is like waiting to breathe but only wishing to exhale."

 

[uasish]

Jesse's this portion of the post

"they are all 'just lovin it' right now."

Is absolutely true.

 

[surfingminds]

Its a nice discussion Bear or Bull? I just bilieve in the companies I invest and Hope they will give 15-20% growth per year long term i.e 5-10-15-20 years. here are some points what I would like to put ahead
1. IF the bulls took the sunsex level 4 times i 3 years Its foolish to consider markets are in bear phase in such a short time.. Even if the level 18k goes to 12k in 6 years time its a correction for me.
2. Traders should have their own approach to make money in bear or bull. but I will keep shopping every 1K drop After all if discount period increases and the percentage of dicount increase it doesn't mean the worth of what your buying will reduce. Unless their is some fundamental problems in indian economy.
3. I am bit concern with the global phenomenon and how the budget would be. Because we cannot deny the fact everything is linkened in this global economies and one small neglected trigger is sufficient to even shake the Fundamentals of Indian Economy..

As Money is just like a blood and damage of one organ in a body can slowly upset other organs ultimately causing the complete system to fail. What is happening in US and fed cut in fact will reduce is a true example and you can soon see how dollar drops and i am sure a dollar drop would upset many world economies..

Good that india has potential to sustain but I am not sure as we din't achieve what was reflected in the stock markets in reality.

But as a believer I am possitive 30 K sunsex reality but not in 2010 might be in 2012 and next growth rally will depend how inclussive make our economy how strong we become.

 

[moneykhan]

Hi Everyone,
Pls dont worry the downward trend wil lnot last more than 5 days of this week.The market will move up from Third week of FEB .Buy when it breaks 4700 on the Nifty.

 

[renu daga]

hi
gooooooooooosh,,,, breaks 4700,,,abhi kuch aur bhi baki hai
well actually,,,,what i am saying is until sensex doesnt stand above 20300... and nifty 6150..
i know this si too far,,,and only trading can be done,,.in these levels....
may be seniors like asish da...and many others have given...their right views..
eod,,,daily / weekly / quarterly....in sell mode....and yearly is atnding on reversal...and not good for next year if it doesnot stand at 20300.///
letssee...for everyones benefit ,, i hope i go wrong!!!

renu

 

[digest]

hi
gooooooooooosh,,,, breaks 4700,,,abhi kuch aur bhi baki hai
well actually,,,,what i am saying is until sensex doesnt stand above 20300... and nifty 6150..
i know this si too far,,,and only trading can be done,,.in these levels....
may be seniors like asish da...and many others have given...their right views..
eod,,,daily / weekly / quarterly....in sell mode....and yearly is atnding on reversal...and not good for next year if it doesnot stand at 20300.///
letssee...for everyones benefit ,, i hope i go wrong!!!

renu

if budget is in favor of public(chances are ) then what might happen? probably market might see further downfall.

but chidmabaram wont let market crash further.

 

[anjubhatia]

dear all,
this is nt the que wat all triggers can trigger our mrkt.ques is whether its bear or corrective phase?
its corrective phase which shud stop at 15000 on sensex, then new high, certainly nt in 2008

 

[Venkat123]

Britain facing huge job losses

http://business.timesonline.co.uk/tol/business/economics/article3340863.ece

TWO in every five employers plan redundancies over the next three months, according to an influential survey to be published tomorrow. It comes as two leading business groups warn of weak business confidence and a sharp slowdown in growth.

>>
I don't thnk we will see a substantial rally in the near future. There will be quite a few sucker rallies though.

 

[uasish]

My 2 bits
Any phase Bull/Bear is unimportant for a Trader:=

1)Those who traded with Longs in a roaring Bull phase had a very nice time,becoz even with a RANDOM entry ,if we holded we got good return & obviously Equated those Wins with our Superior Intelligence as a Trader & gloated.Now we will be seperated from MEN & suddenly all our Inflated confidence has started brewing a suspicion & gnawing at the back of mind.Plz wait we will now see ,after another 400 points fall (if happens) in Nifty, all of us will start saying LONG TERM ,becoz we know ,deeply embedded in our Mind that ,Price will definitely COME BACK ,hence only strategy is HOLD & HOLD.
All TAnalyst's only ESCAPE route is to increase the Time horizon.
Now if i am a Trader & has to pay my monthly dues from trading a/c it is absolutely necessary to EARN every month & HOLD cant be an Option.
So for Traders ,we cant Sit for the Mkt to stabilize or to come to absolute cheap super attractive price to Enter.Hence it becomes un-important whether Bull or Bear ,we will have to perform with Longs & with Shorts it is more EASY nowadays.

2)To the protagonist of Bear phase (than Correction),i have 1 simple question ,we all know from when this Bull phase started,now plz calculate the NUMBER of Yrs of Bull phase,for a BEAR phase how much % of that NUMBER of Yrs is minimum required.
If at all this is a BEAR phase then only 2008 or upto 2010 is not sufficient for the Bear phase to end.
So it would be Prudent to watch until the Monthly chart confirms that,moreover if at all that phase starts it is not going to end soon so why are we jumping to a conclusion let Price guide us.

3)We are presently in Down mode that is confirmed.

Asish
N.B. Only to remind that in 'Hold' it is not always Win Win ,plz recollect the Price of 1 share of ACC or Satyam in Harshad Mehta times.