Stock of the Year 2008 - With Anid_007

Anid_007 wrote:

shrirang wrote:

Dear Anid

Thats a real bad news ... straight to 12000!
If that is the case we might as well book loses now...At 12000 I am sure I would be 100% down in my portfolio!!!

No point in booking loss either. Just keep the things as they are. Things should be fine by the 3rd Quarter it seems as we are going have US election by year end.

Try buy some more when it reaches 12000 mark. I will update the info at that time regarding which share to buy.

I am also bankrupt this time. I have invested my last penny in Portfolio V2 and some badly stuck in Portfolio V1 .
Me and my team has conducted 1 month watch on idex movement and selling pattern. We advise

1. Dont Book loss, keep them on wait phase.

2. No new buy..stay away from market as of now.

Regards,
Anid

Dear Anid
I see your point but things are really depressing. Anyways I have really stopped seeing the Indices!
In your portpolio RPL is still in green with one or two more stocks. You dont plan to book profit on those? RPL was a great but at 114 but if Sensex goes down to 12000, then RPL and RNRL will be worst hit and will be available @ less than 80 and 50 respectively. Whats your SL for RPL, Tata Steel and Nagfer in the given scenario?
Regards
Shrirang

Honestly speaking I am keeping no stoploss at this time.
Infact I am venturing for extra money of some 8-10 lakhs. So that I can buy
more shares at 12k level. As of now, all of my money is either stuck in
Portfolio V1 and V2 and some in ULIPs like Metlife and all.

In my saving I am left only with resources which can support me for 12 months
in Mumbai city. So I am more focused on Job now, working hard, trying for
overseas assignment which will bring me extra cash. I want to take 100% benefit
of the current mayhem in market.

I have no plans to sell these stocks in my holding at any circumstances, cause
although I am foreseeing a 12k level, you never know when market starts moving
ahead. I may have to increase my wait time for 1-2 years.

I will suggest everyone, not to book loss until you are in urgent need of
money. Have patience. The current scenario in market had been a great lesson to
all of us, and it will only help us to understand the market in a better way
now onwards.

Regards,
Anid

Looks like more pain to come... 50 day EMA is about to crossover below the 200 day EMA... Wake up bulls!

Monday most probably will be another black Monday, if market
resonates to global cues. Friday was bad for DOW. I expect Asian Market to
follow suit in morning, setting stage for further downfall in Sensex. It is
really getting weird now.

Anid

Dear Anid
I dont know what Monday holds for us but I hope the pain ends fast... this is becoming to be nothing but funny... a market which keeps aping the west and US! And thats nothing new actually... if India is a want-to-be super power we got to react to Indian cues rather than watching US job profiles and reacting in a wierd manner! Anyways these are realities which can snatch our very capitals from us... lets hope for the best!

Regards
Shrirang