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द्वारा ट्रैक: 22 संदेश-लेखक
Have fun filled and relaxing holidays ! ...
द्वारा ट्रैक: 22 संदेश-लेखक
Dear UM...Wish you a great holiday...you will be missed by many more than you think,
( on behalf of the silent lurkers in this forum),
and equally, look forward to a refreshed pilatos and others, after a sabbatical of 8 hours..
cheers,
vinod...
द्वारा ट्रैक: 22 संदेश-लेखक
Time for me to go sabbatical for the next 8 hours.
Good night....
द्वारा ट्रैक: 22 संदेश-लेखक
Uppaiji
Have a nice break. Let us know if you are reading any good books
during this sabbatical. This is similar to how Jesus packed himself off to the mountains, and Buddha going into meditation under the banyan tree (am I right?); only to return wiser and enlightened.
Have a nice time....
द्वारा ट्रैक: 22 संदेश-लेखक
you are most welcome sir, pl do keep doing it. "MY height of greed".. Best wishes in all your endeavors, i even thought, how it would be to just keep watching breathing in and out for a couple of weeks for major part of the clock day. ...
द्वारा ट्रैक: 22 संदेश-लेखक
Uppaiji
But isn`t this the time to buy? The time to load on good stocks at reasonable valuations? By staying away now, won`t you be missing some good bargains?
Or are you fully invested?...
द्वारा ट्रैक: 22 संदेश-लेखक
UM : There are 2 different issues here.
1) Greece exiting Euro zone. Outcome is not good, most of it could be discounted and we can have a business contingency plan in place.
2) Greece going into default. Outcome is unpredictable....
द्वारा ट्रैक: 22 संदेश-लेखक
I took to trading in euro from yesterday to fill your vaccum, bought for 1.2738 and just started making profits.
sold gold at 1539 and at loss as of now.
...
द्वारा ट्रैक: 22 संदेश-लेखक
I was only trying to respond to his query of whether you are leaving by posting to him your last known message about your presence ..
Sorry if in that i missed out on something i dint know of...
द्वारा ट्रैक: 22 संदेश-लेखक
Looks like UMs sabbatical is going to be like the fast unto death by the political class.:)...
द्वारा ट्रैक: 22 संदेश-लेखक
Same with me. Good night to all!...
द्वारा ट्रैक: 22 संदेश-लेखक
No, I still have some cash to invest but that is all right. One need not take all opportunities. If this market is to rally my cash stocks will perform. On the other hand, if we are falling to December lows, that may take another week or two, by which time I will be back.
...
द्वारा ट्रैक: 22 संदेश-लेखक
Yes, so we may have a fall. But that won`t mean the end of the world for Indian stocks. Commodities are already falling and it will soon be seen that India as a commodity consumer will be the only worthwhile market to invest in at these mouthwatering levels.
...
द्वारा ट्रैक: 22 संदेश-लेखक
द्वारा ट्रैक: 22 संदेश-लेखक
pilatos:
I am sure I remind you of someone else. But I like typing. And I am going to make do with pen and paper for the next two weeks so I can`t just resist the feel of the keyboard for the last time. So pardon me if I have popped in again!
...
द्वारा ट्रैक: 22 संदेश-लेखक
I didn`t notice anything unpalatable in your imagination!...
द्वारा ट्रैक: 22 संदेश-लेखक
pilatos:
There is so much fear that when the event actually occurs it would have been factored in. Greeks are already pulling out their savings from Greek banks, some 700 million euros a day. They themselves had elected this left parties and they know that would be the death knell of Greek economy so they are taking out all their money when they can.
Today Greek central bank governor was saying that the withdrawal is "orderly" and there were no queues in ATMs. He sounds like the captain of a gently sinking Titanic. "Water is coming up slowly, folks, we have hours and hours to drown."
In other words, as we watch the Greek exit is happening. So when the final news comes it won`t be too bad. At least for India. We have fallen even more than those affected countries just because we don`t have domestic investor participation. Value will be seen soon, just like it emerged in December 2011 amidst unspeakable gloom. ...
द्वारा ट्रैक: 22 संदेश-लेखक
Yes, so we may have a fall. But that won`t mean the end of the world for Indian stocks. Commodities are already falling and it will soon be seen that India as a commodity consumer will be the only worthwhile market to invest in at these mouthwatering levels.
...
द्वारा ट्रैक: 22 संदेश-लेखक
pilatos:
I am sure I remind you of someone else. But I like typing. And I am going to make do with pen and paper for the next two weeks so I can`t just resist the feel of the keyboard for the last time. So pardon me if I have popped in again!
...
द्वारा ट्रैक: 22 संदेश-लेखक
pilatos:
There is so much fear that when the event actually occurs it would have been factored in. Greeks are already pulling out their savings from Greek banks, some 700 million euros a day. They themselves had elected this left parties and they know that would be the death knell of Greek economy so they are taking out all their money when they can.
Today Greek central bank governor was saying that the withdrawal is "orderly" and there were no queues in ATMs. He sounds like the captain of a gently sinking Titanic. "Water is coming up slowly, folks, we have hours and hours to drown."
In other words, as we watch the Greek exit is happening. So when the final news comes it won`t be too bad. At least for India. We have fallen even more than those affected countries just because we don`t have domestic investor participation. Value will be seen soon, just like it emerged in December 2011 amidst unspeakable gloom. ...
द्वारा ट्रैक: 22 संदेश-लेखक
Hi Daniel:
I am not leaving for "good", just for two or three weeks. Trying to do something creative. Just didn`t get the time to get around it. So taking a sort of sabbatical. No computers, no CNBC, no newspapers. Just some essential books and papers.
Meanwhile those who remain in the market my advice is this: use falls as long term buying opportunities. India is much more strong than we think. There is no one in the market so stocks are on sale. FIIs are swayed by fears of Greek exit. When it actually comes, since it is so much anticipated, it is likely to be a tame affair.
India has survived much worse situations as those who have lived through 1970s will know. I didn`t buy anything today though the market was down (except some June 5200 Nifty calls) because I had made up mind not to enter into stocks directly for two weeks at least.
I will be back by the first week of June....
द्वारा ट्रैक: 22 संदेश-लेखक
We are breaking down at last. Even Larsen is turning negative. I must leave now. See you all today evening....
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