Some more time......

Some more time......

Critics should be your next door neighbor because it will improve yourperformance. There are enormous critics to me which keep on discussingon my performance in their yahoo chat. Well, I know most of them are useless fellows. Market recovered against the market expectationsyesterday where street was crying and dyeing. It was in very firm inthe first half and touched Nifty 3690 as expected by our team.Correction came irrespective of good foreign market is assigned to day trading. Nobody took Nifty home yesterday and were deprived off thebenefits. You should remain light boarded when market is rising inthis fashion because it could correct again next day due to theoverseas factors. And if market opens weak tomorrow then certainly market will rise. The fact remains market has bottomed out and 3530for the time being seems bottom of the market. Therefore till marketdoes not break 12300 for couple of days, no negative inference can beconcluded. Rest is up to investors alone. Stability is returning but not without volatility. It should beunderstood that there are buyers even at lower levels and market isrebounding which means somebody is building positions even though FIIare sellers. I have a habit of not seeing FII nos because to the best of my knowledge manipulation is also possible there too.I had been repeating ever since 9 K that volatility will remain inIndian markets and nobody could be able to make good amount of profitsin F and O. You buy SBI today it will correct, you switch to RIL then RIL will correct and so on. Only strategy here which can work is ourSC team's strategy. Go long and wait and if stock corrects average itout and wait for price resurfacing. It will and then exit....At the same time, I want to tell you once again that whether you trustor not, criticize me or otherwise I would stick with our house call oftarget 18 K but staying in only cash stocks. RDB rose from Rs 27 to275 and then corrected to Rs 120 but the value is not getting over and will bounce back to not only Rs 275 but much higher. Only matter oftime. Wearology management has announced tie up with Alony Hetz andinvestors started buying it whereas RDB as well as Network managementare silent, may be due to their compulsions and once they speak out the clarity will resurface.Before I conclude I would like to repeat once again that market ismarket and rise and fall are its integral procedures and when it risesyou become happy because you are front runner in no of scrips and can't digest losses when it starts falling. A real investor haspatience and keeps on buying on his identified stock. When you speakwithout sense then it clearly expose you and your frustration overyour investments. Rakesh bought Midday at Rs 65 per share a couple of year back and his investment is already become 50% less ...does it meanthat he has lost money....? Is he selling Midday....? You are becomingmore a speculator than an investor losing the value of scientificimportance of share investment as business.It is better to do nothing and wait until you get a concept so rightand a price so right, that even if you are wrong, it is not going tohurt you.