Cheap bars will be packed tonight - Bloodbath on the Sensex

goangoangone · Jun 15th, 2006, 07:57

Correction in a very overbought bull market. It went too far too quickly.

Too much hype gets the wrong buyers in.

a look at a long term chart puts it into perspective
http://in.finance.yahoo.com/q/bc?s=%5EBSESN&t=5y&l=on&z=m&q= l&c=

nadreg · Jan 22nd, 2008, 02:10

Bloodbath on the sensex today. About a year exactly from the last conversation.

edwardseco · Jan 22nd, 2008, 05:31

Bought some more shares there hoping its a trough. Full speed ahead, damn the torpedoes..

amarshah · Jan 22nd, 2008, 10:24

Well the bloodbath continues ... it seems the bar will be surely making a packet since last week

nadreg · Jan 22nd, 2008, 10:26

I'm with you edward... do the exact opposite of everyone else. Unfortunately, I bought some a couple of days ago.

Down another 10% already? Wow!

Nick-H · Jan 22nd, 2008, 10:42

Different bloodbath.

People have made fortunes since the last one!

piran_e · Jan 22nd, 2008, 12:41

I guess it' a nice time for people like me to pick up shares at really affordable prices and make money. Bought RPL @125 and RNRL @84 , and the worm seems to be sliding further down so now I can buy some more shares ....hip hip hurray

shashank.aggarwal · Jan 22nd, 2008, 23:12

Reliance shares are favorites with everyone..I guess RPL breached the 100 mark...

Indizen · Jan 22nd, 2008, 23:15

Nice thread has got revived!

edwardseco · Jan 22nd, 2008, 23:49

My reliance is gold..

piran_e · Jan 23rd, 2008, 12:03

Yeh they sure are, and then I am a corporate slave to one of the brother'. But the market seems to be more stable today, so no buying for today

crvlvr · Jan 23rd, 2008, 23:43

Related article: Why India is not a safe haven

edwardseco · Jan 24th, 2008, 07:55

Up 300 and a colleague refused to believe it. Since he is a junior I will rag him tomorrow..

edwardseco · Jan 24th, 2008, 07:59

Good article crvlvr, I read it with interest. My Brazil was a good balance to my India recently..

Jun 15th, 2006, 07:57	#31
goangoangone Monsoon Loon Join Date: Aug 2004 Location: Goa Posts: 1,492	Correction in a very overbought bull market. It went too far too quickly. Too much hype gets the wrong buyers in. a look at a long term chart puts it into perspective http://in.finance.yahoo.com/q/bc?s=%5EBSESN&t=5y&l=on&z=m&q= l&c= __________________ GoanGoan......here

Jan 22nd, 2008, 02:10	#32
nadreg HIIC Join Date: Sep 2005 Location: NY, USA Posts: 1,603	Bloodbath on the sensex today. About a year exactly from the last conversation. __________________ In pursuit of the Only truth: I Am!

Jan 22nd, 2008, 10:24	#34
amarshah Maha Guru Member Join Date: Mar 2006 Location: Mumbai, India Posts: 675	Well the bloodbath continues ... it seems the bar will be surely making a packet since last week __________________ Cheers Amar Year 2008 Trips - http://amards14.googlepages.com/

Jan 22nd, 2008, 10:42	#36
Nick-H Loud-mouthed, Noisy Bird Join Date: Oct 2004 Location: Chennai, India Posts: 25,298	Different bloodbath. People have made fortunes since the last one! __________________ . Just one member of the IndiaMike Mod Team

Jan 22nd, 2008, 23:12	#38
shashank.aggarwal Mr. Tagless Join Date: May 2007 Location: ~ Dilli ~ Posts: 5,018	Reliance shares are favorites with everyone..I guess RPL breached the 100 mark... __________________ Travelogue - Around India Random Reviews

Jan 22nd, 2008, 05:31	#33
edwardseco Maha Guru Member Join Date: Sep 2001 Location: Land that shakes and bakes. Posts: 3,707	Bought some more shares there hoping its a trough. Full speed ahead, damn the torpedoes..

Jan 22nd, 2008, 10:26	#35
nadreg HIIC Join Date: Sep 2005 Location: NY, USA Posts: 1,603	I'm with you edward... do the exact opposite of everyone else. Unfortunately, I bought some a couple of days ago. Down another 10% already? Wow!

Jan 22nd, 2008, 12:41	#37
piran_e Member Join Date: Jun 2006 Location: Mumbai Posts: 85	I guess it' a nice time for people like me to pick up shares at really affordable prices and make money. Bought RPL @125 and RNRL @84 , and the worm seems to be sliding further down so now I can buy some more shares ....hip hip hurray

Jan 22nd, 2008, 23:15	#39
Indizen Maha Guru Member Join Date: Jan 2007 Location: MUMBAI Posts: 588	Time to stock Up ! Nice thread has got revived!

Jan 22nd, 2008, 23:49	#40
edwardseco Maha Guru Member Join Date: Sep 2001 Location: Land that shakes and bakes. Posts: 3,707	My reliance is gold..

Jan 23rd, 2008, 12:03	#41
piran_e Member Join Date: Jun 2006 Location: Mumbai Posts: 85	Yeh they sure are, and then I am a corporate slave to one of the brother'. But the market seems to be more stable today, so no buying for today

Jan 23rd, 2008, 23:43	#42
crvlvr Guru Join Date: Sep 2004 Location: Hollywood Posts: 4,391	Related article: Why India is not a safe haven

Jan 24th, 2008, 07:55	#43
edwardseco Maha Guru Member Join Date: Sep 2001 Location: Land that shakes and bakes. Posts: 3,707	Up 300 and a colleague refused to believe it. Since he is a junior I will rag him tomorrow..

Jan 24th, 2008, 07:59	#44
edwardseco Maha Guru Member Join Date: Sep 2001 Location: Land that shakes and bakes. Posts: 3,707	Good article crvlvr, I read it with interest. My Brazil was a good balance to my India recently..

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