sensex may go down

sensex and fed result can affect this week may go down more to 700 points

date 09/10/07 time 10.23 pm

hi all,
i think that we all have a right to our opinions. But then we cant use public spaces to vent out our gut feeling. This was there would not be any learning possible. statements like the one i read right now that it will go down by so many points are really the sort of thing that the true winnersdie to hear. They prey on such statements. so one has to qualify ones statements in the open forums so thatothers are not unduly affected because of our opinions. I write this knowing that the one who made this statement will surely have the general beneift of others in mind. But still.....it pays top be a bit more prudednt when commenting in open forums.

__________________
sinn fien

Neeraj B


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MY BLOG:
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Hitting 19000 or as I forecast 21600, by December end, is the Chapter I of a long growth story called India. I do not think market will or should take a pause or respite at these levels. Broad-based rally is yet to come. So far the movement was remarkable in Index stocks.

I do not believe that it is an endgame. More excitement is in store for investors. At the risk of being called over-confident, I believe that Sensex should see more fireworks than what we saw so far.

There is nothing wrong if one books profits at one's pleasure at periodic intervals. But the bullish undertone shall remain intact despite occasional profit booking. The foreign fund inflows are very strong and shall turn stronger in times to come.

The liberalization is playing its true role to give impetus to the growth. Gradual opening of economy to the world is also playing its part in slow and steady manner.

However, it is generally feared that Sensex is very high. If one really looks in depth, it is very clear that going by the absolute number of Sensex, it may seem very high or risky but in reality Sensex at 19000 or 21600 level is safer than when it was 4600 in 1992 or 6000 points in 2000!

The growth is likely to accelerate in years to come. So I do not think there is a looking back.

My view is highly bullish market expected ahead.

Momaya

Pls guide me

one should not time the market if you think you have made the desired profit. bail out then

what should i do now at this point of time ....can i buy nifty at these levels