Do you play the stock market

lambuhere1 · 17th March 2008, 15:31

Quote:

Originally Posted by rkg

sensex to touch 11 K as per news report in today ET

Quote:

Originally Posted by lambuhere1

I believe I am already reaching my target of 10000 on Sensex this year. Original Target was for next year. Keeping most of the funds in cash for the right oppurtunity. All the mathematical models points to this for me.

Why is it that surprises are always there in the market ? I did say that we should be reaching 10000 shortly, but NOT SO SHORTLY.

To tell you frankly, wven with my models, I am still at a PRINCIPAL loss of more than 50

Wait for some news expected this week, which will point the future course of action (or has it already come with this BEARS news, I wonder !!! )

mtnrajdeep · 17th March 2008, 16:14

The sensex has fallen by 1000 points today!!! Anyone has an idea as to when this bloodbath will end??

deepug · 17th March 2008, 16:23

Going like this I think the mods should change the title of the thread to Have you sunk???? in the stock market

Deepu

lambuhere1 · 17th March 2008, 16:26

You can make "more" money in BEAR market also and not necessarily always in a BULL market. Theres nothing called SUNK in the Market. Every loss has to be balanced by every gain. Its only the balance of power of money. Thats the way I look at it.

PS: I like BEAR markets more than the bull market.

appuchan · 17th March 2008, 17:02

The fall today was primarily because of the collapse of an investment banking firm Bear Stearns. They were finally saved by JP Morgan who payed $2 per stock, which was worth about $30 just a week back! This bank apparently had very high exposure to the US sub-prime market. This event has triggered worldwide stock market collapse especially in banking/financial stocks. According to experts, similar collapses may continue to happen in the next few months and this could result in further slide in stock markets.

jagan0677 · 17th March 2008, 22:11

Quote:

Originally Posted by lambuhere1

You can make "more" money in BEAR market also and not necessarily always in a BULL market. Theres nothing called SUNK in the Market. Every loss has to be balanced by every gain. Its only the balance of power of money. Thats the way I look at it.

PS: I like BEAR markets more than the bull market.

The lure of the stockmarket is very hard to ignore, eh?

Would that mean the time has come for gem-picking - those rare gems with promise which can be tomorrow's bharti's,infosys' and so on?

And yes, is 2008, possibly the comeback year for autos?

thangu · 18th March 2008, 00:35

Quote:

Originally Posted by lambuhere1

You can make "more" money in BEAR market also and not necessarily always in a BULL market. Theres nothing called SUNK in the Market. Every loss has to be balanced by every gain. Its only the balance of power of money. Thats the way I look at it.

PS: I like BEAR markets more than the bull market.

Its a great time to pick up some quality stocks now, the bear market is a great place to pick up stocks which have suddenly become under valued because of the general downtrend. But this makes sense only for those who are willing to invest for the long term.

tsk1979 · 18th March 2008, 01:16

how do you know now is a good time.
The bottom may be around 9000 and not 11000 or 14000

mjothi · 18th March 2008, 08:09

Right. No one knows the bottom of market...
So, best scenario is to do SIP in to hand picked stocks. This should reduce your purchase cost in case markets keeps going down. Ofcourse this is not for traders. Strickly for people who can park their money for next couple of years to come.

Shankyz · 18th March 2008, 13:25

Need inputs on the following MFs for SIP

Birla SunLife Equity
[FONT=Verdana][SIZE=2][COLOR=#990000]DSPML Opportunities
HDFC Equities
[/COLOR][/SIZE][/FONT][FONT=Verdana][SIZE=2][COLOR=#990000]ICICI Prudential Infrastructure
[/COLOR][/SIZE][/FONT]Reliance Growth

Are these funds ok for a SIP in todays scenario for say next 2-3 yrs?

m3_07 · 18th March 2008, 22:22

Gents...the lows are expected to be arund 11000....this is the most realistic level they say as the market is still sold out.

However, you might see that the panic is still not prevailing in the market - reason being that people are getting themselves for the worst yet to be offerred.

Keep away from banking stocks in particular - ICICI

m3_07 · 18th March 2008, 22:24

***market still not fully sold out**

tsk1979 · 19th March 2008, 09:07

I wonder whether we will see icici falling to 40-50rs levels?

ravi@64bhp · 19th March 2008, 09:17

Market would be positive today. The USA and asian markets are up. The 0.75 rate cut by Fed Bank will have a positive effect on all the international indexes.

sanjaymugur · 19th March 2008, 09:51

can you tell me which is the best index based Mutual Fund... Reliance, Sundaram, Templeton etc ??

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

17th March 2008, 16:14	#617
mtnrajdeep BHPian Join Date: Feb 2006 Location: Bangalore Posts: 904 Thanked: 338 Times View My Garage	The sensex has fallen by 1000 points today!!! Anyone has an idea as to when this bloodbath will end??
	() Thanks

17th March 2008, 16:23	#618
deepug BHPian Join Date: Feb 2006 Location: Bangalore Posts: 92 Thanked: 26 Times	Going like this I think the mods should change the title of the thread to Have you sunk???? in the stock market Deepu
	() Thanks

17th March 2008, 16:26	#619
lambuhere1 BHPian Join Date: Oct 2005 Location: @ Driver's Seat @ Posts: 708 Thanked: 106 Times	You can make "more" money in BEAR market also and not necessarily always in a BULL market. Theres nothing called SUNK in the Market. Every loss has to be balanced by every gain. Its only the balance of power of money. Thats the way I look at it. PS: I like BEAR markets more than the bull market.
	() Thanks

17th March 2008, 17:02	#620
appuchan BHPian Join Date: Jan 2006 Location: Bangy Posts: 642 Thanked: 27 Times	The fall today was primarily because of the collapse of an investment banking firm Bear Stearns. They were finally saved by JP Morgan who payed $2 per stock, which was worth about $30 just a week back! This bank apparently had very high exposure to the US sub-prime market. This event has triggered worldwide stock market collapse especially in banking/financial stocks. According to experts, similar collapses may continue to happen in the next few months and this could result in further slide in stock markets.
	() Thanks

18th March 2008, 01:16	#623
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,812 Times View My Garage	how do you know now is a good time. The bottom may be around 9000 and not 11000 or 14000
	() Thanks

18th March 2008, 08:09	#624
mjothi Senior - BHPian Join Date: Dec 2007 Location: Bangalore Posts: 3,287 Thanked: 231 Times View My Garage	Right. No one knows the bottom of market... So, best scenario is to do SIP in to hand picked stocks. This should reduce your purchase cost in case markets keeps going down. Ofcourse this is not for traders. Strickly for people who can park their money for next couple of years to come.
	() Thanks

18th March 2008, 13:25	#625
Shankyz BHPian Join Date: Dec 2006 Location: Delhi Posts: 196 Thanked: 2 Times	Need inputs on the following MFs for SIP Birla SunLife Equity [FONT=Verdana][SIZE=2][COLOR=#990000]DSPML Opportunities HDFC Equities [/COLOR][/SIZE][/FONT][FONT=Verdana][SIZE=2][COLOR=#990000]ICICI Prudential Infrastructure [/COLOR][/SIZE][/FONT]Reliance Growth Are these funds ok for a SIP in todays scenario for say next 2-3 yrs?
	() Thanks

18th March 2008, 22:22	#626
m3_07 BHPian Join Date: Oct 2007 Location: Bangalore Posts: 275 Thanked: 203 Times	Gents...the lows are expected to be arund 11000....this is the most realistic level they say as the market is still sold out. However, you might see that the panic is still not prevailing in the market - reason being that people are getting themselves for the worst yet to be offerred. Keep away from banking stocks in particular - ICICI
	() Thanks

18th March 2008, 22:24	#627
m3_07 BHPian Join Date: Oct 2007 Location: Bangalore Posts: 275 Thanked: 203 Times	*market still not fully sold out
	() Thanks

19th March 2008, 09:07	#628
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,812 Times View My Garage	I wonder whether we will see icici falling to 40-50rs levels?
	() Thanks

19th March 2008, 09:17	#629
ravi@64bhp BHPian Join Date: Apr 2007 Location: Hyderabad Posts: 602 Thanked: 10 Times	Market would be positive today. The USA and asian markets are up. The 0.75 rate cut by Fed Bank will have a positive effect on all the international indexes.
	() Thanks

19th March 2008, 09:51	#630
sanjaymugur BHPian Join Date: Apr 2005 Location: Bangalore Posts: 262 Thanked: 57 Times	can you tell me which is the best index based Mutual Fund... Reliance, Sundaram, Templeton etc ??
	() Thanks