Team-BHP - Do you play the stock market

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Originally Posted by BaCkSeAtDrIVeR (Post 750198)

It is those make profits in a falling market (no, not by being a bear or making short sales) who are the real investors.

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Originally Posted by iraghava (Post 750226)

Rumors of an up coming Black Monday were in the offing in the market today. Be cautious.

Black Mondays are often followed by Ruby Tuesdays! :-)

@navin, what is a "Ruby Tuesday"? Google throws up some info about a restaurant chain; I am sure you did not mean that, because most "investors" would lose their appetite (for food and investments) after a black Monday.

BTW, it just stuck me - it is easy to spot a bull market, analysts will be bandying around stocks with 30-50 P/E ratios as "undervalued". you know that it is a bear market when the same stocks are labeled as "over rvalued" even when the P/E ratio is 10-15. I am really wondering why I did not land up a job as a market analyst.

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Originally Posted by BaCkSeAtDrIVeR (Post 750318)

Good One!!

True, you will find lot of recommendations from analysts during bull market. When the market starts getting into bear mode, the same stocks become expensive.

Moral of the story: We cannot trust these analysts. We have to do our own research and stay long term.

I think Mutual fund SIP is the way to go in this fluctuating and uncertain times. I am still making around 30% profit in my mutual fund investments.

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Originally Posted by DCEite (Post 749813)

Is it possible ICICI to reach 800 or even lower ?

i wouldnt touch icici now as i have burned badly. i was tracking icici for sometime and thought icici's base was 1050 or so, so brought at that price. dont know whats happening to it or where its headed...

Today I got allotment of 60 shares of REC. I had applied for 240. And also the balance money got credited to my account directly. Never mind about the market nowadays, this is a long term investment for me. Has anobody applied and got the shares?

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Originally Posted by jagan0677 (Post 748727)

From ICICI's statement, the problem seems to be more on credit derivative, rather than subprime. I am unable to understand why Indian media terming it as subprime, rather than something like credit crunch. Or is my understanding wrong??

"It ain't cow dung; it is bovine excreta" is what ICICI is saying.

"Subprime crisis" is the problem caused by credit derivatives in the market, which have US home loans as the underlying credit instrument. What I fail to understand is why ICICI had to go to the US to invest.

Anybody in the know about BGR Energy, 900 buy. Would be really thankful for some advice.

Enough of stock markets for me, it is better to travel and have the experience than lose money like this. My journeys to Bhutan/Arunachal later this year are in real jeopardy.

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Originally Posted by BaCkSeAtDrIVeR (Post 750809)

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Originally Posted by NetfreakBombay (Post 750891)

In other words, these credit derivatives are derived from "Subprime" loans.

To an extent, it is difficult to differentiate clearly. I would think it is more like this:
Currently, the problem is credit derivatives and the leveraging therein.
Subprime is just the trigger.

But yeah, maybe it is pointless, now, to get into the details here. More like a post-mortem.

Anybody into Gold?

Is this bust cyclic or is it something else? Is there "A" piece of news i forgot to read? At one hand we hear day-in-day-out that India is economic superpower in the near future. Not a very comforting sight to see since the last 2 months or so.

rev

I am not an expert in economics, so please help me understand this Bear Stearns saga. How can a govt like US which is supposed to be so advanced not even know about this? We have quite a decent process in place where RBI just raises flags when NPAs of banks reaches certain levels. How can it reach Bankruptcy levels in country like US? Dont they have a regulator? Dont they know when to stop lending? Just imagine the plight of investors. Stock has come down from $160 to $2...99% wipe out in just few months.. Its pulling all markets down and wiping out my wealth too :Frustrati That is so cruel.

Seek some advice on the top investors here.

Looking at the way the market is going.
Say this year till date had I made 1L in profits from trading. Do you think its a good thing to hold on to your current stocks (In deep Red) and pay 10% cap gains tax for the 1L, and wait for the market to pick up.
Or
better to sell off at loss and book losses to the extent of 1L , thereby saving on paying the cap gains tax , and re-enter the market ?:Frustrati