Friday, August 31, 2012

IT'S CAG STUPID ..

It's CAG  and its mind boggling,astronomical and for some its megalomaniac revelations ,thats calling the shots in D-street .

For an Aware investor It was very much clear on 17Th Aug that after the tabling of CAG report things wont remain normal in D-street ,and it very much provided the spark to Bear to put on fire ever fragile  house of Bulls.

With the 15% fall in IFCI in early this week ,Bears made its mood quite clear that they will Burn deep holes in Bulls pocket and many more stocks faced the wrath of bears in this week .

Now with the things are going to much hazy before elections , don't expect markets to run up too fast ,
sell/short sell each rally ,or at least for God's sake buy protective puts in high Beta name's like HDIL,JP Asso,IFCI, etc etc.

I can only say be very careful before putting any buy orders in any stock,do proper research fundamentally as well as technically .Do not stick to looser stocks for eternity cut them and make booking looses a important part of your investing style.If one does not book looses in wrong stocks one is bound to fail in long term.

And Yes,crystal ball Gazing Policy paralysis will continue don't expect anything from Bunch of jokers .Its the superior organisations like HDFC,M&M,Tata's which have kept the faith of investors otherwise ....


Safe Investing

BinGo

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