Panic Selling Expected- Black Monday on 9th July 2008

Anid_007 · Last edited by Anid_007 on Mon Jun 09, 2008 5:28 pm; edited 2 times in total

Hi,
This is exactly what I expect tomorrow morning. Asian Market will surely add
fuel to looming negativity to Indian Share market. Expect a big gap down
opening- a small and temporary recovery and by closing a big landslide. May be
the time is coming near when the eager buyers can start looking for their prey.

Small and Midcap will show some resilience in the Market and later on they will
follow the trend as well.

If you can, go short on Nifty in morning look for a level of 4450 to sq up. Don’t
buy anything on Secondary Equity (cash ) market.

Regards,
Anid

WildFire · Rich + + Posts: 42 Join date: 2008-01-17

Anid_007 wrote:

Hi,
This is exactly what I expect tomorrow morning. Asian Market will surely add
fuel to looming negativity to Indian Share market. Expect a big gap down
opening- a small and temporary recovery and by closing a big landslide. May be
the time is coming near when the eager buyers can start looking for their prey.

Small and Midcap will show some resilience in the Market and later on they will
follow the trend as well.

If you can, go short on Nifty in morning look for a level of 4450 to sq up. Don’t
buy anything on Secondary Equity (cash ) market.

Regards,
Anid

SGX nifty -138 and its around 4500

_________________
Man believed that woman is the most efficient money reducing agent until the sensex broke his myth

Anid_007

Don't buy anything today--The pullback rally wont last this time--more downslide left..Keep holding your guns..dont fire!! Evil or Very Mad

Regards,
Anid

WildFire · Rich + + Posts: 42 Join date: 2008-01-17

Looks like another black day today, i expect a -150 for Nifty today.

_________________
Man believed that woman is the most efficient money reducing agent until the sensex broke his myth

nonstopkaran · Rich + Posts: 13 Join date: 2008-01-18

hi wildlife,

wat is plling nifty down today....

so can we expect 4200 to be triggered......

WildFire · Rich + + Posts: 42 Join date: 2008-01-17

FII's are still selling and oil prices keeping global sentiments down, I beleive if Nifty closes below 4445 today can expect 4200 easily in a week.

Anid might give a better answer, this is just my view.

_________________
Man believed that woman is the most efficient money reducing agent until the sensex broke his myth

nonstopkaran · Rich + Posts: 13 Join date: 2008-01-18

lets hope it to happen, so that we can enter at those levels(4200)....

but the sad thing is, in this kind of market even that is expected to break... and can go till 4000....

4000 will be my watch if it comes there i am going to dump my penny...... no matter even if it goes below that later.....

miththoo · Rich + Posts: 10 Join date: 2008-01-18

Hi Anid,
When should we start buying ? Is more downfall expected ?

Thanks,
Miththoo

arnav_rulz · Rich +++ Posts: 58 Join date: 2008-01-28

Well in my opinion, Markets got bottomed out on Thursday.

But We may see volatility on expiry, But i expect a good bounce back in July, the month in which i have my birthday Wink

Anid_007

arnav_rulz wrote:

Well in my opinion, Markets got bottomed out on Thursday.

But We may see volatility on expiry, But i expect a good bounce back in July, the month in which i have my birthday Wink

Well, The Pull-back Rally showing more steam than what I expected. But don't ride this horse now..Looks like we may have U turn soon before 26th June 08, may be the safest time to jump in.

Regards,
Anid