Now we are heading towards the worst bottom 4800

Stockmate · 1 Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 12:46 pm

Stockmate

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Now we are heading towards the worst bottom 4800. I and few others have been telling that the worst case the bottom would be 4800. But the way the things are going on tells that the bottom is likely to be lower then that. Market fundamentals and technicals are going to be useless as the economic fundamentals are turning further negative locally and internationally. Now I am going to stop swing trading too. Going to enjoy the life with what I earned so far until I see a green light.
Be on the alert for the GREEN signal.
Good luck to you all.

greedy007 · 2 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 12:48 pm

greedy007

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Seems to be.Thanks for your view.

UKboy · 3 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 12:57 pm

UKboy

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Thanks for all your topics.

Yes nothing much we can do NOW.
However I'm planning to bring some money back to my account this week. It's still early to buy shares

Deva · 4 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 1:01 pm

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Stockmate wrote:Now we are heading towards the worst bottom 4800. I and few others have been telling that the worst case the bottom would be 4800. But the way the things are going on tells that the bottom is likely to be lower then that. Market fundamentals and technicals are going to be useless as the economic fundamentals are turning further negative locally and internationally. Now I am going to stop swing trading too. Going to enjoy the life with what I earned so far until I see a green light.
Be on the alert for the GREEN signal.
Good luck to you all.

I too share the same feeling. The bottom has become invisible.

MY MONEY · 5 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 1:09 pm

MY MONEY

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may be market will spend couple of weeks between 4800 - 5000

yellow knife · 6 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 1:11 pm

yellow knife

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ok...i too have the same fear...but my action is different... i am living not because of stocks....and therefore i collect while living...anyway i agree with u the forecast seems gloomy for future....one thing i can remember : BAD NEWS IS LIKE MUSIC TO AN INVESTOR....when Kshastriy was trading at Rs 15.00 i bought my first share of it...then it went down and down and down...i collected believing sooner there will be a greener path....i just kept collecting...the more steeper the more the higher quantity ...one fine day came the worst announcement of now trading Dunamis Capital...Its at serious captial loss...the price fell down to Rs. 3.00...i just collected until i realized that my name appear among the top twenty....Later I sold the lovely quantity at Rs.22.00...Same principle I appply now....but i have to do the same among all the shares in my portfolio....all are bleeding .....I will do my best to collect..what do you guys think

Rav · 7 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 1:44 pm

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good thinking yellow knife...! i am on the same strategy...!

Happy Trading and Good Luck..!

Stockmate · 8 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 4:36 pm

Stockmate

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Knife
You are correct. I too do not miss such opportunities. But this time I will do so after more bad news because I expect more bad news.

Kumar · 9 Re: Now we are heading towards the worst bottom 4800 Mon Feb 13, 2012 9:14 pm

Kumar

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Thanks stockmate.
I always respect your views.

Roboticfx

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Stockmate & yellow knife,

Appreciate your views and I also agree with them. I decided to dedicate all time for my studies. You may do a job and do it well.