[TSEA]

Nice Article.

WHEN THE BUBBLE BURST

Source: The Hindu : Magazine : When the bubble burst

[sam003]

Great Article my friend, but does anyone see any way out for this. If this continue for long I think most of people will become bankrupt now. How long we will stay without job like this. As it has impacted IT as well and there are no new projects in market and I have seen some presentation in my company which says no hope till 2010. What do you say guys ?

[CtrlAltDel]

in such severe bear market, investors have to take a long term view and invest in companies with sound fundamentals in sectors like infrastructure, power, steel etc.

remember that whatever comes down has to go up ultimately (and vice versa). this is just a cycle that will go back up. this is the right time to pick up dirt cheap stocks in good companies.

dont panic about losses in the short term. believe me, in about 3-5 years people who invest now would be rolling in wealth

if you are not familiar with stock markets, invest in mutual funds with a good track record.

and about the so-called "nationalization" of banks in the US, remember that its not actually a "nationalization". US government is buying up controlling stock (at cheap rates) in those firms so that they can set the functioning right (sub-prime loans for example) to avoid a financial disaster.

once the firms are back on a sound footing, the govenment would divest those shares back to the investors, at a profit.

this is not a case of "nationalization" where the govt becomes the sole owner and the employees become govenment employees. there will be layoffs under govt supervision too as a part of restructuring.

[appuchan]

Looks like Sensex is going to touch 4 digits soon... :(

[Steeroid]

Originally Posted by appuchan

Looks like Sensex is going to touch 4 digits soon... :(

I think 8-9k is a very realistic level for people to start investing again. I've been very skeptical of the ridiculous 20k levels that the index touched in the recent past - driven by nothing but foreign fund inflows.

[harry10]

Seems like market has recovered a bit since morning.

[gkrishn]

Here is the article... with out naming who is who...

http://www.livemint.com/2008/10/1000...orrow.html?h=E

[jagan0677]

Originally Posted by Steeroid

I think 8-9k is a very realistic level for people to start investing again. I've been very skeptical of the ridiculous 20k levels that the index touched in the recent past - driven by nothing but foreign fund inflows.

looks like the sensex is slowly grinding its way there. interesting times.

[vasudeva]

I have lost more than gained in the stock market (losses are low because I am by nature conservative). I do have company ESOPs which are now under water from Rs. 400/share profit in early 2008. However this is an opportunity loss rather than an actual loss, since I have yet to exercise my options.

[Sudipto-S-Team]

Originally Posted by Steeroid

I think 8-9k is a very realistic level for people to start investing again. I've been very skeptical of the ridiculous 20k levels that the index touched in the recent past - driven by nothing but foreign fund inflows.

As of now most of my investments are in bank deposits and some goldshares and of course some bluechips that I will always hold. I had exited at around 18k.

The time to invest back in the market will be when people stop talking about the market - good, bad or neutral - for some time.

It will happen next year.

Watching this thread as to when it stops getting hits. That'll be the time to buy bluechips.

[KSM-Vtec]

Missed the circuit by less than half a %.

[manson]

What would some fundamentally strong companies to invest in, keeping in mind a 2-3 year time line.

manson.

[gemballa]

as of now nothing unless you want big risk and if so go for l&t....

[spadival]

LOL.. Anybody wants my L&T shares? . I got a small amount worth Rs 20k some time back. Now its worth all of Rs 4k - a loss of value of over 80% !!

But all said and done, its a solid company with solid results. I may buy some more now.

[manson]

The Sensex has just dipped below 9K!

manson.