Thursday, July 17, 2008

Crudes tanks to $134 and Dow up by 252 points.....

Friends,
I read Ahmed’s comments.I would have also given the answer pointwise but I am refraining to do it.
The post he pasted of Spandan, if someone looks at it then ,many answers can be found in the post itself.
Well, I have discussed many things and many views here .I think we do not need to discuss same and same thing here.I will discuss same things here when it needed be.
Today , Crude tanked by $4 at around $134 and according to my view, it has made a double top of $147 in a very short time, say within a week.
On Crude tanking Dow went up by over 250 points …but Indian Market is not showing the strength…WHY?When Dow is going up on positive news flow, why Indian Market is not showing the uptrend?Can anyone explain , why this is happening?
Mr.Ahmedsir, can you or Spandan explain me why this is not happening?When the real problem is in USA , why USA market reacts positively on good news and not Indian Market?I suggest Ahmedsir to go to ISG again and ask the masters there like Kukku, Spandan,Carlos, Chanish and likes ,my above query and come back here when u get one….
See, the real thing that is happening here in Indian Market is , our market is not tanking because of Global slowdown or US market going down…..but because it is a master plan by bears along with FII’s who are selling in big way…..and not letting market to move an inch even though US market or Asian markets goes up…….

I am unable to understand why these doomsdayers do not see this?But , ya , they are doomsdayers , why should they see that?

I have written ealier,I am a positive person.Always try to see Good in Bad and Positive in any Negative talk…..but some are always negative…..they always tell you negative in any good atmosphere or well tell you bad of any good person…… Hence Beware from these type of persons....

I was just seeing the CNBC USA and was really surprised to see a big rally of over 250 point today….as soon as Crude went down by $4 to $134……and the front runners were whom?All Financial stocks were up by over 20% and minimum 10%…..Dow reacted immediately……so try to understand the Modus Operandi….of Bears…..
In India Bears do not wants to let market go up any time, otherwise it can’t break like it is breaking…all the way to 12400……hence Dow is still up over 11000 because it is not breaking on any good news but goes up and hence the loss is less at Dow while it is huge here in Indian Market..…they wants to scare everyone so that they can rule forever( I think this the BEST way I can explain the Bears Plan)
Now can anyone tell(MrAhmed sir)what has the Crude going down has to do with Financialstocks?The whole sector is in a MESS then why these sector outperformed today at Dow?
There can be a slow down but then the effect is much much larger by any parameters….. in our Indian Market.
I again ask those who are giving bearish signals that market can go down to even 6000 or even 3000……why there is such a big contrast between US market and Indian Market?When Dow goes up, why Sensex do not go up?According to the post and news I am reading,this is the end of an Era of USA then why US market is not breaking as our Indian Market is breaking?The effect should be seen as market discounts it early before it happens…..
Well, our market is tanking because we will slow down,The results are still coming good and still market discounted that…..is it only the Indian Market who discounts the future well in advance not others?
The only way this can be explained is Bears are selling in Indian Market with the help of some FII’s and they have sold hugely by borrowing stocks as well.Otherwise I am seeing no reasons for Sensex to be at 12400 and that too in such a short time……even though the economy is slowing down a bit….The real anamoly is there is no upmove…..that is just indigestible…..
As I have said earlier , Crude has to come down and it will.Crude has made a double top in technical language and that too in a very short time .That is not a good sign for Crude speculators.The way crude is going up,the whole world can be in a depression which can even be more dangerous then 1929!
If US has to survive then crude has to come down. It is as simple maths as 1+1=2....
Let us see what is there is store for us tommorow…..in our Indian Market…..
The real test came when Infy showed a good performance and still market rejected the results…that made me more convinced that these is all a game ……
And last but not the least, this is my view and I can go totally wrong.......Sensex may touch 9000, 6000 or even 3000 , means back to 2001.........
I do not claim anything........

7 comments:

  1. Is there a bearticide available so that I can spray them off to extinction???

    Got fed up of looking at the red in my portfolio, not even one stock under 70% loss.

    Worst is I am fully invested so no cash to go on averaging in this market.

    Hope things will get better in 6 months, when I have to really return money to the lender.

    ReplyDelete
  2. Rajeev-bhai,

    What do you think of the following?

    XL-Telecom & Energy
    Jayaswal Neco
    IFCI
    GHCL

    Can these turn out to be multibaggers over 3 years time?

    Do you have any other multibagger advice??

    Thanx in advance.

    ReplyDelete
  3. Hi real,
    XL Tele and Jayaswal Neco can prove to be a big multibagger if one holds for 3 yrs.IFCI can give great return.....in 3 yrs.
    Not throughly gone through GHCL....but it is taken over by I think Abhay Dlamia who is a very astute investor and he is capable enough to show tremedous growth otherwise he would have not taken over it......I am reading good ...news in paper on GHCL....but do not follow it...

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  4. Rajeev,

    R u free today? Write something yaar, DOW is up 150 pts and crude fell to sub 130. Tomorrow should be a cracker of a day for sensex.

    BULLS pls come out with full rage and destroy the BEARS forever.

    AMEN!!!

    ReplyDelete
  5. Rajeev-bhai,

    Thanx for your advice. Today bought xl-tele at 173/- and jayaswal @ 41.50.

    Will keep on investing in these counters as I feel wealth creation is possible only in upcoming smallcaps and these are available @ throw away prices now.

    ReplyDelete
  6. Rajeev,

    There is a lot of noise on moneycontrol on Sunflag-Iron and Bhagawati Gas and being projected as potential multibaggers, can you pls guide on these?

    Thanx in advance.

    ReplyDelete
  7. Hi real,
    Bhagwati Gas is a good LT story but one have to be very patient.If only one is looking at it very real LT term then only one should buy it.
    Sunflag is good but I think keep a watch on Adhunik Metal.......it holds Maganese Ore mines like Sandur Manganese.....
    But it is again a LT story.....not for those who use to look prices daily....

    ReplyDelete