Dear Novice1000,

I replied to your msg, not sure why it didnt post. I buy low and sell high, i will never chase. If 30% i sold at 4600 levels, i get 5-10% downfall then i will deploy the same amount.

I can be 101% confident of a bull run, coz the basic of a bull run is when a lower low is being maintained its a very big bull run.

Thats a sign of strong hands doing bigtime accumulation, as they are sure that in future the same prices will not be seen.

I will deploy remaining 30% near 4200 and other 50% near 4000.

Else i will deploy all 70% above 5000 levels.

This market one has to have lots of patience and a plan. A trade without a plan is a plan for failure.

Those greed traders who were used to see 10-20% bounce intraday will have to wait till 2011.

All the best
patience...

doing excellent, how about you? Just doing my regular arbitrage work, no trading till done with expiry..

...

quote
Sensex may fall 400 points today....
unquote

ha ha ha ha...rofl...sensex closes in green... rofl... hope now u should understand this isnt a bear mkt?

or do u call this a short covering rally? lol

shorts got covered when crude at 120 USD..
...

Hello Aby,

Good to see you, i am doing great. How are you? The spike on oil was done to help the shorts cover on friday.

Good to know you are being brave and buying in dips, the best time to invest in equities. mark my words the ones who are investing now, will have the last laugh.

I can see how in months to come every cut in interest rate mkt would cheer and close 1000 points in a day!

Cement and Steel both good for a years time frame. People were used to free quick money, from now on only with patience will be winner.

Take care and all the best
Regards
Patience...

Hello Malayali, how are you? I have a query on olympics..
a lot of australians and americans are saying chinese are into performance drugs, and hence they are able to beat the aussie and americans.
and chinese guys are the one who are doing dope test, wats ur call ?...

Hi Nish,

I dont know how i can guide daily traders, i trade with an investment mode! This type of mkt when every hour the momentum shifts, day trader has to keep a stoploss.

Since i dont trade with stoploss, i dont think a day trader who needs to make money everyday can be benefited from my guidance. Having said that, i have my long at 4460 and i am waiting to go long on the second phase (Waiting for a panic to set in).

All the best
patience...

Dear Abhishek

I am CALM like cucumber :-) 4250 is my next level of entry and i will do that whenever it comes.

Happy Investing
Patience...

dear patience, Quote- Those greed traders who were used to see 10-20% bounce intraday will have to wait till 2011. Unquote- I fully agree that kind of wild swings cant be expected anymore in the near future. Infact trading activity will also come down in the near future to minimal levels. regards...

Dear patience, It is interesting to see you sitting on 70% cash despite you being confident about the bull run. regards...

Thank you patience for your reply.... by the by how are you doing in these volatile moments.......

Dear Patience, "People were used to free quick money, from now on only with patience will be winner. " - pun intended !!! :D Very true, despite the paltry 5-10% updowns, the ones investing NOW will surely have the last laugh.. Thanks Nish...

Hi Patience, Hope you're doing fine. I don't feel that the bears have enough arsenal in stock to tumble the market much below 4200 levels. I believe, the quick spike that took Oil above $120 was probably bcz of the geopolitical developments in the Caspian world which is cooling off after the french brokered peace deal. High prices of oil & rest of the commodities are probably not going sustain at current levels in the short term. May be later, there could be more upside after a good pause and correction. I've already bought for few lakhs in the last couple of days and will be accumulating more of good stocks in the coming days if I get those at around yesterday's lows or any lower levels. I'm watching telecom sector & select cement stocks with a contrarian view. Tata Steel looks good. Also heard about some developments in Pheonix mills & Adlabs. I'm awaiting more details. Regards, Aby...

I\\`m going to CHINA, to solve your puzzle. Please wait... let me complete my mission. MALALALI : dope test specialist...

Hi Patience, Looking forward to guidance from you on the long side, the market seems to be getting harder to comprehend in term of moves everyday. Thanks Nish.....