BLOOD ON DALAL STREET IS NEVER A TIME TO PANIC BUT TO KEEP CALM,LESS ROOM FOR MORE CORRECTION.

Guys, take it with a pinch of salt...

 

Not pinch requires full bucket of salt

 

This is best outcome to situation

 

value trap?
you surely must have your reasons to say - "empty your coffers" and that too with the names cited

 

This weather and mood calls for a bottle of RUM

 

I heard this being repeatedly mentioned on ET Now I think - towards close of business. I am not on twitter so havent bothered to check

But there was some serious talk of puts buildup for 6800... Signifying the extent of nervousness prevalent.

 

But some other damning recent utterance FYI


Billionaire Carl Icahn, for example, recently raised a red flag on a national broadcast saying, “The public is walking into a trap again as they did in 2007.”

And the prophetic economist Andrew Smithers warns, “U.S. stocks are now about 80% overvalued.”

Smithers backs up his prediction using a ratio which proves that the only time in history stocks were this risky was 1929 and 1999. And we all know what happened next. Stocks fell by 89% and 50%, respectively.

One other mentions that there is one distinct warning that should send chills down your spine … that of James Dale Davidson. Davidson is supposed to have who correctly predicted the collapse of 1999 and 2007.

Davidson now warns, “There are three key economic indicators screaming SELL. They don’t imply that a 50% collapse is looming – it’s already at our doorstep.”

We should get Our own Rajan's opinion. Afterall he was one of the few who red flagged the sub prime 2008 before it erupted.

Not a pretty picture.... Am i suprised US bleeds today? No if i consider in the light of the above

Who to believe and who not to?

 

Your assumption will perhaps be true. US markets bleeding today. We def open lower.

 

I dont trade in US markets, just once bought an INVERSE ETF and made couple of bucks. That's it.

 

SeemsNifty ll open in plus.....cheers!!!!

 

Big relief Feeling nervous.

 

It is back IN RED

 

GATI IS DEEP IN RED. Poor results of Q3. Any hope is there?

 

Hope keeps me alive.....

 

Kindly keep in mind -THEORY OF MEAN REVERSIOM.& A few words of wisdom-..'. the less freqently investors evalute their portfolios,the more likely they are to see gains '-Michael Mauboussin in More Than You Know.

 

If the above senario were to play out, wouldn't it be sensible to dilute ones holding and wait for stability, either ways? There will always be good companies available at attractive prices, you just have to look hard enough!

 

@SroutaMukherjee- Gati is good stock and has gone down with market but as I had hinted few days ago at its first fall that some big investers made big hype of indirect play on e commerce & GST etc to make the stocks popular and might have unloaded at the height of popularity. Actual situation is that economy is at slower pace with lower business growth and political parties fights with BJP reaping what it has sown as opposition . Inputs major being diesel for logistic , has not followed its down trend with international crude as Modi has denied that advantage to be passed on to Indian Economy.Wait for economic revival and GST passage for significant pull back.Although stock will recover with market also to cut your present losses.

 

Some interesting thoughts on Shankar Sharma: -

https://value-picks.blogspot.in/2010/08/two-faces-of-indian-stock-market.html

 

Dow is in green now...god please save us....please push our market in green zone.

 

Shankar sharma's prediction rarely comes true.