RE:RE:what a stupid heading
by ravishankar on Jul 07, 2008 06:37 PM
yup.your breaker makes more money. rediff to the rescue of the brokerages.titan, ril, rpl, reliance capital, pantaloon retail, reliance infra, bhel, L&T are franchises with an enduring brand value. these are the stocks which you should hold for a 10 year horizon. stock market is a relocation center where money moves from the impatient to the patient. be greedy when others are fearful, be fearful when others are greedy. market is headed lower. can fall to 12,000 levels and may not recover for 3 years. avoid trading and preserve your capital.
Thanks to Rediff. This is a very comprehensive article. This gives somehow a clear idea for us what to do next. Probably this is the first time I have seen an article giving a good direction towards the retail investors like us. Otherwise all the so called experts always says two things : when the market is upmove - ''market will go upto such n such leve''; when the market is gowing down - ''market will go down upto such n such level'' !!!!! From this article, it is clear that the judgement is now is our hand, if we think it will go further down, we can sell and re-enter at lower level. Or if we think, market will be bullish, we can wait. Thanks again to rediff for guiding us.
RE:Very comprehensive article
by Bhushan Tiwari on Jul 07, 2008 09:45 PM
buddy, my suggestion is do not go by this article. If any one could have guessed the market timing, he/she wud be billionaire in less than a year. who knows Devangshu Datta ? nobody....if he is such a smarta$$ why does not he make money and be a billionaire. The greatest of investors such as Peter Lynch and Warren Buffet can also not time the market.
it is always safe to stay invested and invest regularly. it pays in the long run. if u dont trust my words try a simple exercise as suggested below.
goto moneycontrol.com and choose any share thats been listed for some long time. now check its price when the market was at its peek may be a few years after which a big market fall followed. i suggest check somewhere before may 2005 as in may 05 the market corrected big time. in that page it will also list the profit/loss u wud be making had u bought it then.
