The panic in the market is continuing. The matter became so severe that the Hon'ble Finance Minister of India had to come out with a positive message. There were also people shouting abuses at the Finance Minister in Bombay.
Since all the persons associated with me are very careful investors, the following important points should be taken into consideration :
1. Recourse to stock markets/equities should be taken as an investment vehicle and not as a speculative instrument.
2. Investment in shares which are open to F&O should be avoided at all costs and if at all investment has to be done, it should be done on a case to case basis. Shares which are in F&O do not have circuit limits. (Tata Tele has come down from 60 levels to 40 levels. Some shares have lost 50 percent in two days).
3. Hold a longer term horizon. The cycle will take a full round and come up.
4. Do not believe in rumours or baseless tips.
5. The following positive points have emerged :
(a) FM of India has come out with a positive statement.
(b) Americal President George Bush has come out with a positive statement.
(c) U.S. Fed has cut the interest rate by 0.75 percentage point which should go well.
(d) The budget is expected to be good.
Therefore, investors : Have patience. Do not run after the shares which have already run away.
Kashiwala
2 comments:
Dear Kashiwala
Please add my e-mail Id for your valuable comments, I have invested in lot of shares as advised on your blog and I am not at all panicky about the market fall as I have invested with a very clear cut horizon of 6-8 months.
my email id is
cst01sm@gmaildotcom
Thanks
cst01sm
Respected Mr Kashiwala Sir!Excellent & Detailed Analysis on Noida Toll Bridge.I Have Been Tracking the Stock for the Past 3 Yrs & It is Clearly a Good Long Term Story.Plz Include Me in Your E-Mail List as it Would be a Privilege & an Honour to Learn the Art Of Good Investing from You.My Id:-ejazali.mirza@gmail.com
Keep Up the Good Work.Regard's
Post a Comment