Don't get cheated by the news and the temporary buying that raised the sensex today. The US recession is on and so wait. Not the period for the long time investors. Buy and sell of shortly or else you will be losing your money. As in recession a 2000 worth share can go to back to 100 rupees or less.
The current market is run by the speculators and gamblers. Wise men had already taken their money back. I have taken back all of my money well before the Reliance IPO is announced and when the symptoms of citi bank slow down surfaced. Please read the World economy news before investing.
RE:Have a short break, the recession is not over
by amit PODDAR on Jan 23, 2008 12:33 PM Permalink
are you a expert if yes please mail me more information in my e mail id adkpoddar@rediff.com i would be greatful to you thank you
RE:RE:Have a short break, the recession is not over
by mahesh kumar on Jan 23, 2008 02:43 PM Permalink
shaju I nvest 1 to 2 lacs and try to make 3 to 4 lacs in that.If I read economictimes world news and so on I will never invest my money.And if you go through all the details of a share then you will see appreciate 10 to 15 rupees in 6 months and10 rupees divident in a year.Market means you need to see all things.Today ispat essaroil mrpl relnat all up by 25%.Invest and take profit and later in the evening read THESE PAPERS.
RE:Have a short break, the recession is not over
by DB on Jan 23, 2008 02:46 PM Permalink
is this same ashish bhagat who worked for MOTOROLA some time back....????
RE:Have a short break, the recession is not over
by prashant sharma on Jan 23, 2008 12:23 PM Permalink
people like u are usually the worst hit! also your comments show how ill informed you are. get yourself a financial consultant. you need one.
RE:Have a short break, the recession is not over
by shaju chakko on Jan 23, 2008 12:32 PM Permalink
Mr. Prashant sharma, I not only look at the stocks but also their statements, orders they have, value of assets, cash reserves, dividends, global trends, past performance.
First learn to read these before analysing me. I don't need a consultant. And I have never been hit by a market crash.
RE:RE:RE:Have a short break, the recession is not over
by DB on Jan 23, 2008 02:46 PM Permalink
is this same ashish bhagat who worked for MOTOROLA some time back....????
RE:Have a short break, the recession is not over
by Indian on Jan 23, 2008 01:05 PM Permalink
Prashant, your statement without any basis or justification does not make sense. I would agree with shaju. Today markets are trading higher only because of the 75 basis point rate cut announced by Fed yesterday. This hike may not be sufficient to pull the US Economy out of recession. Its like a patient being put on oxygen or being electric shocks for revival...at best the patient will recover for sometime, then gone again...
RE:Have a short break, the recession is not over
by ashish bhagat on Jan 23, 2008 01:23 PM Permalink
i propose u should become his financial consultant.