Below, I have posted one of my previous comments dated 16 Aug 2011, time 11:16 AM , when the market was at its nadir, the lowest level, index around 300.
"Let's share our perspectives and let's accept limitations of our access to information and analysis. Some people like the rose, some others orchid and others may like GULABAKKAVALI, a flower in folktales. Let them select their own flowers. No script is too good or too bad. Even if someone dares to buy NHPC at 42 RS who knows, he or she may double the amount in one year or may loose entire amount. The more the risk, the more the benefit could be there. SCB being a company with 2 Arab 87 Corer in its reserve is least risky. The high risk, high return type could go for NHPC and the low risk, low return type could buy SCB. There is everything in the market for all type.
There are several factors to decide. We go our own way, and let's
neither try to dominate or allow somebody to dictate our intentions.
Moreover, how one of our seniors Voicerji (post no 217) could predict that the Index will go down to 200 and bull market will not be there for another 3 to 10 years?
Voicerji has said the following:
"Accumulate as much cash as you can, because the right time to buy stocks is yet to come. The lowest point, in my opinion should be 200. The maket is still bearish. Before reaching 200, the market will experience a few ups and downs because of political incidents, starting of CDS, rumors, etc. People are saying that CDS system will boost the market. But, I don't believe that. It might only increase the transaction voulme. But what we are looking for is increase in price, which will not happen. Let's try to accept the reality that the market is in bearish trend and for the next bull we might have to wait 3 to 10 years."
If any AIRE, GAIRE, NATTHU KHAIRE like me will say something like this, nobody will raise question thinking that that is simply rubbish. But when people like Keshav ji or Voicer ji or Deepa ji say such thing we take things seriously. If you seniors have no facts to support your conclusion, please, please restrain yourselves from making loaded statements. This is my humble request."
http://www.nepalsharemarket.com/jambforum/Default.aspx?postid=28070#28070
P.S.: May be, it has some relevance today. In 3 years time when Voicer ji had predicted, it could see another bull phase starting, if at all it would start at its earliest, now it is more than 3 times higher the index already. When there is darkness, we got nervous. This is human. But, at the end of night, there is morning. The best utilization of the darkness of night is "TO SLEEP WELL."
Moreover, how one of our seniors Voicerji (post no 217) could predict that the Index will go down to 200 and bull market will not be there for another 3 to 10 years?
Voicerji has said the following:
"Accumulate as much cash as you can, because the right time to buy stocks is yet to come. The lowest point, in my opinion should be 200. The maket is still bearish. Before reaching 200, the market will experience a few ups and downs because of political incidents, starting of CDS, rumors, etc. People are saying that CDS system will boost the market. But, I don't believe that. It might only increase the transaction voulme. But what we are looking for is increase in price, which will not happen. Let's try to accept the reality that the market is in bearish trend and for the next bull we might have to wait 3 to 10 years."
If any AIRE, GAIRE, NATTHU KHAIRE like me will say something like this, nobody will raise question thinking that that is simply rubbish. But when people like Keshav ji or Voicer ji or Deepa ji say such thing we take things seriously. If you seniors have no facts to support your conclusion, please, please restrain yourselves from making loaded statements. This is my humble request."
http://www.nepalsharemarket.com/jambforum/Default.aspx?postid=28070#28070
P.S.: May be, it has some relevance today. In 3 years time when Voicer ji had predicted, it could see another bull phase starting, if at all it would start at its earliest, now it is more than 3 times higher the index already. When there is darkness, we got nervous. This is human. But, at the end of night, there is morning. The best utilization of the darkness of night is "TO SLEEP WELL."
No comments:
Post a Comment