this bear market is there to stay for 2-3 years , as known by previous bear markets. some stocks fall today and some tomorrow . that is the only difference. hence wait,watch and buy. also be prepared to face further fall, even if you buy at very low level also !!
If you have surplus money, share market is the best place to loose weight, next to horse racing. Today only the traders backed by polititians who have stinking money are in the field. They choose one counter each and fool other small investors. If you buy the very next moment price falls. This rule is applicable only for small quantity buyers/sellers. Each punter will calculate how much he has to make in the vevning and fool others, by taking the prices up and down, robbing every one in the market. Sincere advice is keep away from the market untill things settle down in India and world markets.
As we seen earlier more popular and recomamnded stocks never give return. No one was giving call when Bharti was 30. Now they are giving call to buy Aban ..crude price is peak and stock has increased 40 times in last 5 years.
All analysts are damn idiots. Persons who loses their money in market and gain experience becomes analyst
RE:dont buy these 10 stocks
by SK2007 on Jul 21, 2008 02:23 PM Permalink
You are absolutely right. The moment small investorsfall trap into these shares, the traders rob you and will have a last laugh!!!
RE:dont buy these 10 stocks
by Guest on Jul 21, 2008 02:40 PM Permalink
You have given the reason for buying Aban "Crude price is at peak". Aban is in the business of oil exploration, that means more people would be willing to pay Aban for oil exploration.Don't give up so soon, choose good business not a good stock
RE:dont buy these 10 stocks
by prakash mehta on Jul 22, 2008 09:51 AM Permalink
Idiot guest you dont understand market when commodity are at peak market dicsounts future downturn also that is why cairn underperformed market
When Market was @ 21000 everybody was saying that it will cross 2500 mark with in one year. But now it below 14000 why at that time nobody predict this. Now everyone is saying that it will settle at 10000.
These are the experts who always play with common man's sentiments.
I think some of the IT companies like TCS, Infosys, Wipro can do better. This is due to the fact that even though there is a recession in US they are focusing on Europe & Asia itself. And also I feel the chip making companies will be dominating the next few years since they will assist the Solar power generation.
Looks like that the title has been chosen and then 10 stocks were picked up and written about. It is mysterious to know that out of a population of 12,000 stocks, there are only 10 stocks that are worth investing in a bear market. shows how lopsided the thinking is or if this is true, how bleak the outlook for the economy is!!!
Please do not write such articles just to fill up some space and to cover some favourite companies!
Talk about sectors and mention the key players there and allow people to choose!
RE:are these the 10 stocks or...
by Aejaz Mogal on Jul 21, 2008 12:55 PM Permalink
Yes its true, these sort of recommendations are frequent when the market seems to be stable or in uptrend for 2/3 days. In this scenario, any recommended stock is going to perform as all have been slashed to the ground. These same analysts will talk of support levels i.e. " We see L&T coming down to 1800-1900" and all such crap. We have to believe in the business leaders in each sector and select stocks accordingly.
There is huge list of fundamental and reputed companies whose stocks are trading at less than half the price of their 52 week high. Why to go for some of unknown stocks fromthe reccomendation. make your analysis and buy stocks depending upon your risk taking capability. has the writer of above tiltle purchsed himself the stocks reccomended by him? Lot of such advices are available on financial portals and magazines free of cost.Just ring up any mutual funds agent , he will be right back to your office/home to provide free guidance. Yes definitely the risk reward ratio is in favour of investors at the moment. K M Sharma
