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May 18th, 2006, 16:51
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#1 |
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Maha Guru Member
Join Date: Jan 2006
Location: Bombay
Posts: 584
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Cheap bars will be packed tonight - Bloodbath on the Sensex
The Sensex just lost 850 points. the biggest drop in history for us. cheap bars going to be packed and the streets will be lined with blood...
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My Eating Out Blog blog |
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May 18th, 2006, 16:53
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#2 |
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Senior Member
Join Date: Mar 2006
Location: Mumbai
Posts: 423
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Now Ain't that a cheap line from some old Hindi Movie....
well i exited from the market on Monday morning itself ( before the carnage began)......so am not goin anywhere what about u skinny whats ur plan tonight.. me and Aadil goin to Tea centre ?? Wanna come along? |
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May 18th, 2006, 16:57
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#3 |
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Maha Guru Member
Join Date: Jan 2006
Location: Bombay
Posts: 584
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would hve loved to.but my schedule has been 8am-10pm for the last few days. i took my break yesterday.
i will catch up with you guys soon though. whereabouts are you located Vibhu? |
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May 18th, 2006, 17:00
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#4 | |
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Aircraft Service Engineer, Astronomer & Traveller
Join Date: Dec 2004
Location: Mumbai, India. (Lat 18.967 N, Long 72.833 E, Alt 11 m)
Posts: 1,835
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Quote:
Cheers, Aadil.
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Climb high; climb far; Your goal, the sky, Your aim, the stars!!! |
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May 18th, 2006, 17:04
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#5 |
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Senior Member
Join Date: Mar 2006
Location: Mumbai
Posts: 423
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Well i wont say that Aadil ....infact a intraday traders would have made a killing under such situation....
My office is in fort and i reside in Mahim near Hinduja Hospital thats my wherabouts Skinny |
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May 18th, 2006, 17:08
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#6 |
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Maha Guru Member
Join Date: Mar 2006
Location: Mumbai, India
Posts: 686
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U bet it ... i was lucky/unlucky to see a BSE screen well it was JUST RED nothing else but RED all of the 15inches !! I have heard a drop of approx 200-300 more is expected ... it seemed many knew about the fall but were surprised at the extent it went...
WOW !!! |
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May 18th, 2006, 17:53
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#7 |
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Maha Guru Member
Join Date: Jan 2006
Location: Bombay
Posts: 584
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my brother trades and i asked him to start short selling but he wont quit playing safe.
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May 18th, 2006, 17:56
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#8 |
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Senior Member
Join Date: Mar 2006
Location: Mumbai
Posts: 423
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dont think that Jhunjhunwala and family has quit the market yet soooo u'll probabley get a better view of in which direction the market will go by tossing a coin rather than goin by some analysts viewpoint
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May 18th, 2006, 18:03
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#9 |
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Senior brick in the wall
Join Date: Apr 2004
Location: Pole
Posts: 1,475
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Jeez was planning to sell some US shares today.. The market runs seems to be in the other direction.. maybe I should hold now
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We must learn to live together as brothers or perish together as fools - MLK Pic Page 1 Pic Page 2 When my life changed over a week |
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May 18th, 2006, 18:14
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#10 | |
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Maha Guru Member
Join Date: Jan 2006
Location: Bombay
Posts: 584
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Quote:
its a bloodbath. no point in selling now. its a near 8% drop. my reckoning is itll pick up. unless you had a high entry price no need to sel |
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May 18th, 2006, 18:28
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#11 |
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Administrator
Join Date: Sep 2005
Location: NY, USA
Posts: 1,738
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I just bought an Eaton Vance India fund about a month ago. I don't plan on selling anytime soon.
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In pursuit of the Only truth: I Am! |
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May 18th, 2006, 18:49
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#12 |
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Senior Member
Join Date: Mar 2006
Location: Mumbai
Posts: 423
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Dont even think of picking up for next 4 or 5 trading days
just watch It might go further down then pick up, wont advice going long tommorow or this week |
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May 18th, 2006, 18:54
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#13 |
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Senior brick in the wall
Join Date: Apr 2004
Location: Pole
Posts: 1,475
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Look at my luck, I was holding to HPQ, which I thought would do well in this quarter, especially given the dirty results of dell! They did have a great quarter, results came and yesterday HPQ held wallstreet toghether. But due to general sentiment did not hit my circuit breaker :'(
Now I need to tread carefully !!! |
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May 18th, 2006, 20:45
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#14 |
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Senior Member
Join Date: Feb 2005
Location: bombay {mumbai}
Posts: 322
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and i thot of starting of by pckin up a few stocks just yesterday ?
i c the signs but mostly the intra day traders r hit worse i presume !!! i dont think and intra day trader must be around his comp @ this hour |
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May 18th, 2006, 20:52
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#15 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,502
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An intra-day trader will have cleaned up on shorts today.
 The clowns are the longs who watched today with their chins on their knees. What will they do tomorrow? The same again.....absolutely nothing. When these people are getting out is the time to buy.
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GoanGoan......here 
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