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jdosvd  
Joined on : 21st-Aug-2005
Belongs to :  Platinum
Posted : 651 messages
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Oh---yes I am a former Air Force officer and all for stocks! I am also a postgraduate from Bajaj.

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21 Nov 2008 16:38
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Bankruptcy of Citigroup is a real possibility;the Saudis are helping keeping this patient in the ICU but..............finally when it falls,and fall it will,globally markets will just plunge sharply.Yes,today,small investors,who are already a battered lot must not hold long-term but only trade.Play Safe!...
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21 Nov 2008 16:27
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Yes his views sound incredible at this stage.But the markets are not in a bearish phase but in a breakdown phase as seen by trends.
Yes we see that the basic factor for markets to be steady i.e, investor psyche has taken a drubbing.Add to this bearish global conditions/poor corporate results/Huge ever-increasing redemption pressures by Hedge Funds/FIIs/Mutual Funds will beep on taking the market downwards.
So how much will it fall?Individual perception would differ here,my view being that the market could go down gradually upto 5000-5800 levels and maybe settle there.However one strong trigger(the gigantic San Francisco earthquake)would,I feel,take the markets below 2000 levels never ever to recover from there.Best to be a trader in this market and do not,I repeat,do not hold for thr long term....
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21 Nov 2008 16:09
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Please try and understand.................we are in a severe bearish phase and equities will keep on melting.Hence at every rally one should exit thus reducing losses.Now recently the stock was around 50 which was a good exit point.
In fact the way things are globally shaping it appears markets are in a breakdown phase,hence its imperative for the small investor to exit at a rally eg.like today.Do not hold any stock for long term(stocks will decline 50% from here though gradually) but buy on sharp declines for 10-20% gain or short-sell on rallies.Regards.Jd....
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21 Nov 2008 15:57
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Stock continues to go on lower circuit.I think this will continue till 25 levels,hence one can exit and re-enter lower....
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21 Nov 2008 15:50

400@51

Hindalco

Posted by : jdosvd
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Good news on this stock is that the promoters pick up the stock regulary;hence one can keep on picking this stock on every fall for positional 8 to 12% gain.Do not hold for long term but put 5% stop-loss and again buy lower.This,I feel,is the best strategy on this counter....
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Stock has been steady at 280 and now steady at 260,however in the bearish phase of last few days has not gone below all time low of 245.
Market is in a severe bearish phase which is taking its toll on this stock too.One can add on declines and exit at 350 levels which would happen if the overall market trend is positive.Hold!...
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20 Nov 2008 11:26
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While I mantain my target of "Below 30" on the stock,the time period is reduced from one year to three months i.e.target should be achieved by 31/01/2009....
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