Cheap bars will be packed tonight - Bloodbath on the Sensex

skinnylizard · May 19th, 2006, 12:54

well sheep get slaughtered. im sure some people made a killing yesterday. i know my brother picked up some more RPL.

but it is going to be a volatile day today. i reckon people will clean house, some will cut their losses and some book their short profits.

id reckon things will calm down over the weekend and Monday should be fresh start.

beach · May 19th, 2006, 14:58

''Indian markets never correct... they always crash'' Analyst Hemen Kapadia

Vibhu Jindal · May 19th, 2006, 15:15

Screw Analysts .......Indian market is much more mature than it used to be....

Atleast indian retail investor has become much more mature ......if the FII's stop-loss triggers are set on then what can one do

skinnylizard · May 19th, 2006, 16:45

A pound of flesh, no more no less,
no bone, no cartilege
just a pound of flesh.

screw the markets. lets make some money

goangoangone · May 19th, 2006, 20:23

Margin selling will have more to say than FII stops.
95% of retail investors haven't got a clue.

They don't know how to take a loss!

skinnylizard · May 19th, 2006, 21:57

FIIs are super sensitive. which is surprising considering how much they can hold.

but then again their exposures are pretty large as well.

anilkhare · May 19th, 2006, 22:47

hi,

Skinny yes it was bad day and the consequent day was also bad.. it took a lot by surprise...but fundamentally it was expected bcos the market had reached heady heights and not really corrected since last diwali.

Its a law of gravity what goes up comes down.

Albeit it should have come much earlier.

yeah it is a bit of pain in the neck recovering the client dues on such moments. But like the hindi song goes " GANDA He PAR DHANDA HE"

I dont let these things affect me a lot, as seen a few of these falls and highs since years.

Infact for a long term investor there are a lot of bargains if u dig thru the carnage. The following days fall will help the cause. So happy hunting over the weekend

goangoangone · May 22nd, 2006, 13:11

Quote:

Originally Posted by goangoangone

Margin selling will have more to say than FII stops.
95% of retail investors haven't got a clue.

They don't know how to take a loss!

Now that's what I mean by margin selling.

http://in.finance.yahoo.com/q/bc?s=%5EBSESN&t=3m&l=on&z=l&q= l&c=

skinnylizard · May 22nd, 2006, 13:33

i am opening a cheap bar tonight.

skinnylizard · May 22nd, 2006, 13:57

i dont envy guys making margin clls right now.

amarshah · May 22nd, 2006, 13:58

& ON THE HOUSE for IM members ?
LOL

skinnylizard · May 22nd, 2006, 14:07

you kidding. im going to make a killing.

anyway. its opened again, gone up around 6.5%. so its stable of sorts.

i think they will be allright.

goangoangone · May 22nd, 2006, 21:25

Quote:

i think they will be allright.

The bar owners, presumably?

Vibhu Jindal · May 22nd, 2006, 22:35

yipieeeeeeee i bought reliance communications when it was at 240 yipieeeeeee
who said one cant profit from misery

nadreg · Jun 15th, 2006, 04:06

Are we in a bear market???

May 19th, 2006, 12:54	#16
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	well sheep get slaughtered. im sure some people made a killing yesterday. i know my brother picked up some more RPL. but it is going to be a volatile day today. i reckon people will clean house, some will cut their losses and some book their short profits. id reckon things will calm down over the weekend and Monday should be fresh start. __________________ My Eating Out Blog blog

May 19th, 2006, 14:58	#17
beach Lost in translation Join Date: Dec 2003 Location: India ! Posts: 2,232	''Indian markets never correct... they always crash'' Analyst Hemen Kapadia __________________ Hampi info

May 19th, 2006, 20:23	#20
goangoangone Monsoon Loon Join Date: Aug 2004 Location: Goa Posts: 1,492	Margin selling will have more to say than FII stops. 95% of retail investors haven't got a clue. They don't know how to take a loss! __________________ GoanGoan......here

May 19th, 2006, 22:47	#22
anilkhare Senior Member Join Date: Oct 2005 Location: mumbai Posts: 405	being an integral part of the market.. heres my bit hi, Skinny yes it was bad day and the consequent day was also bad.. it took a lot by surprise...but fundamentally it was expected bcos the market had reached heady heights and not really corrected since last diwali. Its a law of gravity what goes up comes down. Albeit it should have come much earlier. yeah it is a bit of pain in the neck recovering the client dues on such moments. But like the hindi song goes " GANDA He PAR DHANDA HE" I dont let these things affect me a lot, as seen a few of these falls and highs since years. Infact for a long term investor there are a lot of bargains if u dig thru the carnage. The following days fall will help the cause. So happy hunting over the weekend

May 22nd, 2006, 13:58	#26
amarshah Maha Guru Member Join Date: Mar 2006 Location: Mumbai, India Posts: 675	& ON THE HOUSE for IM members ? LOL __________________ Cheers Amar Year 2008 Trips - http://amards14.googlepages.com/

May 19th, 2006, 15:15	#18
Vibhu Jindal Senior Member Join Date: Mar 2006 Location: Mumbai Posts: 423	Screw Analysts .......Indian market is much more mature than it used to be.... Atleast indian retail investor has become much more mature ......if the FII's stop-loss triggers are set on then what can one do

May 19th, 2006, 16:45	#19
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	A pound of flesh, no more no less, no bone, no cartilege just a pound of flesh. screw the markets. lets make some money

May 19th, 2006, 21:57	#21
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	FIIs are super sensitive. which is surprising considering how much they can hold. but then again their exposures are pretty large as well.

May 22nd, 2006, 13:33	#24
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	i am opening a cheap bar tonight.

May 22nd, 2006, 13:57	#25
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	i dont envy guys making margin clls right now.

May 22nd, 2006, 14:07	#27
skinnylizard Maha Guru Member Join Date: Jan 2006 Location: Bombay Posts: 577	you kidding. im going to make a killing. anyway. its opened again, gone up around 6.5%. so its stable of sorts. i think they will be allright.

May 22nd, 2006, 22:35	#29
Vibhu Jindal Senior Member Join Date: Mar 2006 Location: Mumbai Posts: 423	yipieeeeeeee i bought reliance communications when it was at 240 yipieeeeeee who said one cant profit from misery

Jun 15th, 2006, 04:06	#30
nadreg HIIC Join Date: Sep 2005 Location: NY, USA Posts: 1,603	What the hell's going on with SENSEX??? Are we in a bear market??? __________________ In pursuit of the Only truth: I Am!

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