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Moneycontrol >> Messageboard >> Market View >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB   Market View   Market Outlook - Short Term

Market Outlook - Short Term

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06 Oct 2008 23:57

looks like now its brushed off that 9800 mark..... Dow want to suicide it self........ ...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

DOW market is making moves based on the proceeding that is going on FULD! :)

Gud luk & happy investing! :)

06 Oct 2008 23:42

We don’t usually see largecap names going down 10% so effortlessly. The Nifty is at 3,600 and the Sensex below 12,000. One should prepare oneself for more volatility. You will get these one day kind of snapbacks, but broadly the downtrend remains as you have seen clearly established over the last few days and weeks.
...

06 Oct 2008 23:38

Dear fmcgbites,

you forget to add info about Brazilian market!

--
Emerging market stocks fell the most in at least two decades and exchanges in Brazil and Russia were forced to halt trading as the global banking crisis escalated in Europe and oil fell below a barrel.

Brazil`s Bovespa index tumbled 15 percent, while Russia`s Micex Index plunged nearly 20 percent before trading was halted for a third time today. China`s benchmark CSI 300 Index slid 5.1 percent, its biggest one-day decline since August. Indonesia and Saudi Arabia lost the most in at least six years. The MSCI Emerging Markets Index slumped 11 percent, the biggest intraday loss since 1987 when Bloomberg records began.
--

Gud luk & happy investing! :)...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : fmcgbites

nifty will fall like Russia one day, even less than 1% fall from Russia will do the trick. Russia had fallen 16%.

06 Oct 2008 23:26

FULD is insisting that collateral and capital are two different things in order to make those law makers understand things better!

watch him if possible... :)

Gud luk & happy investing! :)...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : BullSheetRules

DOW market is making moves based on the proceeding that is going on FULD! :)

Gud luk & happy investing! :)

06 Oct 2008 23:24

DOW market is making moves based on the proceeding that is going on FULD! :)

Gud luk & happy investing! :)...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

It will stop when they want it...... actually mkts were doing fine b4 the bailout.....who ever had to out went out of business.... now there few European banks that are having hickups.....

06 Oct 2008 23:23

:) :)

US lawmakers are taking Left and Right of Fuld ... watch him on video!

If he let the TRUTH out, then everything will be out to the knowledge of common ppl and all those BIG GREEDY Cats would be IN... It looks like Fuld will be made a scapegoat like Harshad Mehta...

Gud luk & happy investing! :)
...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : raj_tibs

Watch Fuld getting ragged (rapped? raped?!!) by the US lawmakers :-)

06 Oct 2008 23:08

It will stop when they want it...... actually mkts were doing fine b4 the bailout.....who ever had to out went out of business.... now there few European banks that are having hickups..... ...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : fmcgbites

Fed signaled it could increase the amount available through those loans to $900 billion by the end of the year. this much money is peanut compare to principal amount of CDS outstanding of $50 trillion. financial Armageddon and nothing will stop it.

06 Oct 2008 23:03

Gold surges on safe-haven buying spree

NEW YORK (MarketWatch) -- Gold futures rose Monday for the first time in three sessions, rallying more than 5% as concerns that a massive bailout plan may not be enough to rescue the financial market boosted demand for gold as a safe haven...

In reply to:

The End of Wall Street

Posted by : sambala

Global stock free-fall
U.S. indexes plummet as European shares end with worst one-day drop ever; Dow below 10,000 level; S&P, Nasdaq slide more than 5%

06 Oct 2008 23:02

Global stock free-fall
U.S. indexes plummet as European shares end with worst one-day drop ever; Dow below 10,000 level; S&P, Nasdaq slide more than 5%
...

In reply to:

The End of Wall Street

Posted by : sambala

European shares in biggest one-day fall ever
Banks, miners lead stock slump across Europe

06 Oct 2008 22:55

Kalidas,

Yor Post : `"Following are the factual SENSEX figures:

3-Oct-08 Friday 12,526.32 (-529)
2-Oct-08 Thursday 12,526.32 (Market closed in India only)
1-Oct-08 Wednesday 13,055.67 (+195)
30-Sep-08 Tuesday 12,860.43 (+265)
29-Sep-08 Monday 12,595.75 (-507)
26-Sep-08 Friday.. 13,102.18 (-445)
25-Sep-08 Thursday 13,547.18 Base
(My post was at 10:02 India time or 12:30 HK time)
.........................

I have already proved that 116 points down.
You predicted RALLY OF 2400 POINTS IN 7 DAYS.
DO YOU EMAN THAT I AM KID ???????????????????

Aceept your failure and get lost.........

In reply to:

SENSEX to rally by 2400 pts in 7 days

Posted by : Kalidas

Reply to lalitdeshpandey

Excellent. I was waiting for this kind of misquoted and out-of-context post. In fact, it has been practice of some of the boarders to quote me out of context all the time, just to prove them right. Now, Let me reply you by point by point.

CUT & PASTE
Show me a single instance where I have been using :Cut & Paste" technology with specific dates so that I will know whether it was me who doing that act or some other

Let us go point by point:
Kalidas : Once the Obama and McCain show the approval, other Democrats and Republican will not bother to object. After President Bush speech today, there is more than 70% possibility that the bill may be passed before Sunday.(Forecast)

Fact: Both Obama and McCain both were non-committal before house rejected the motion. When Dow fell by 778 points, and Bush invited them to White House, they became more specific and decided to support the motion. Finally, in the second vote yesterday, the motion was passed. Let the readers judge.

Among the 2400 pts rally, I have narrated 8 points. Let me take Pont no. 8 first.

Point No.8
Kalidas : This scenario is possible only if the bill is passed. For any reason the bill is delayed, almost everything will work in reverse gear. Since everyone is losing money and want the market to go higher, they will want to know so called good news (which is sugar coated saccharine) to fuel the rally.

Fact: The SENSEX behaved exactly as mentioned. My call for 2400 pts was QUALIFIED if the scenario of passage of bill in the first instance - it did not happen

Following are the factual SENSEX figures:

3-Oct-08 Friday 12,526.32 (-529)
2-Oct-08 Thursday 12,526.32 (Market closed in India only)
1-Oct-08 Wednesday 13,055.67 (+195)
30-Sep-08 Tuesday 12,860.43 (+265)
29-Sep-08 Monday 12,595.75 (-507)
26-Sep-08 Friday.. 13,102.18 (-445)
25-Sep-08 Thursday 13,547.18 Base
(My post was at 10:02 India time or 12:30 HK time)

When the Paulson Plan was rejected, my forecast came to an end. Everything worked in reverse gear. I has also mentioned that -

Kalidas: Do not think that I am bullish on the market. This is sugar coated market for brave hearts. This is purely trading scenario – Investment climate is still worsening.

Other points:
1. Dow may rise by 1200 points in 2 or 3 days due to fierce rally in Index related financial shares
Kalidas: It did not, one day down by 778 points, second day up 485 pts. Financial shares rallied by over 20% and in some cases 70% in case of small regional banks
2. Gold may plummeted by 5% to 10%
Kalidas: Gold was $902 (25Sep) Now $ 828 (2 Oct) - down $74 (-8.20%)
3. Silver may plummet by 20%
Kalidas: Now $10.85 (3Oct) $13.40 (25 Sep) down 2.60 (-19.33%)
4. Oil may drop by 10% to 15%:
Kalidas: Now $93.88 (3 Oct) $111.54 (25 Sep) down 17.66 (-15.83%)
5. Commodities may also drop due to US$ rally
Kalidas: CRB Metal sub Index 403 (3Oct) was 425 (25Sep) - Down 22 or 5.17%
6. Euro will fall most- Yen least. Rupee will slide over 3%
Kalidas: EURO: 1.3767 (3Oct) was 1.47 (25Sep) down .0933 (-6.35%)
YEN : 105.32 (3Oct) was 106.5 (25Sep) up 1.18 (+1.1%)
RUPEE: 46.98 (3Oct) was 45.90 (25Sep-Opening) Down 1.08 (-2.35%)
7. World markets may rise. SENSEX may gain by 2400 points in less than 3 days. All index heavy weight may gain significantly. (This was subject to Point 8 immediately following, IF the budget was passed at first instance, which was voted out - that turned the sentiments negative)

NOW, coming to you losing and ruined by my posting, I can only say that you never believed it. You are just bluffing. In fact you mentioned as under:

QUOTE
I had posted my logic several times that even historic bull time has rarely shown such a rally in 7 days, BUT TO MY SUPRISE and TO THE SHAME OF MMB, all of my messages are deleted by you or your BLIND FOLLOWERS.
UNQUOTE

Kalidas, Hong Kong
4-10-2008 (Contd Part II)

06 Oct 2008 22:53

Fed signaled it could increase the amount available through those loans to $900 billion by the end of the year. this much money is peanut compare to principal amount of CDS outstanding of $50 trillion. financial Armageddon and nothing will stop it....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pkjattking

AP
Russian stocks plunge by nearly 20 percent
Monday October 6, 12:38 pm ET
By Catrina Stewart, Associated Press Writer
Traders stunned as Russian stocks go into tailspin, lose nearly 20 percent

MOSCOW (AP) -- Russia`s leading stock markets suffered their biggest-ever one-day losses as shares went into free fall on the back of falling oil prices and deepening fears about the global economy despite the passage of a $700 billion U.S. bank bailout.

ADVERTISEMENT
Trading on MICEX -- the country`s largest index-- was shut down three times, closing down 18.6 percent to 752 points. The benchmark RTS -- where trading was halted twice -- crashed to its lowest point since August 2005, falling by 19.1 percent to 866.4 points.

"The mood is kind of disbelief. You`d think we would have gotten used to it by now," said Ron Smith, strategist at Moscow-based Alfa Bank. "Traders are just sitting there staring at the screens and going, `Wow.`"

06 Oct 2008 22:52

kalidas,

rupee? read again.

1166 points fall...... it crossed 1166.
hope you have no arguments.....this is
space where we buy nifty and stocks only.
not silver and metal..

you are wrong..

you fail to judge........

thats all,

now stop.......

In reply to:

SENSEX to rally by 2400 pts in 7 days

Posted by : Kalidas

Reply to lalitdeshpandey

Excellent. I was waiting for this kind of misquoted and out-of-context post. In fact, it has been practice of some of the boarders to quote me out of context all the time, just to prove them right. Now, Let me reply you by point by point.

CUT & PASTE
Show me a single instance where I have been using :Cut & Paste" technology with specific dates so that I will know whether it was me who doing that act or some other

Let us go point by point:
Kalidas : Once the Obama and McCain show the approval, other Democrats and Republican will not bother to object. After President Bush speech today, there is more than 70% possibility that the bill may be passed before Sunday.(Forecast)

Fact: Both Obama and McCain both were non-committal before house rejected the motion. When Dow fell by 778 points, and Bush invited them to White House, they became more specific and decided to support the motion. Finally, in the second vote yesterday, the motion was passed. Let the readers judge.

Among the 2400 pts rally, I have narrated 8 points. Let me take Pont no. 8 first.

Point No.8
Kalidas : This scenario is possible only if the bill is passed. For any reason the bill is delayed, almost everything will work in reverse gear. Since everyone is losing money and want the market to go higher, they will want to know so called good news (which is sugar coated saccharine) to fuel the rally.

Fact: The SENSEX behaved exactly as mentioned. My call for 2400 pts was QUALIFIED if the scenario of passage of bill in the first instance - it did not happen

Following are the factual SENSEX figures:

3-Oct-08 Friday 12,526.32 (-529)
2-Oct-08 Thursday 12,526.32 (Market closed in India only)
1-Oct-08 Wednesday 13,055.67 (+195)
30-Sep-08 Tuesday 12,860.43 (+265)
29-Sep-08 Monday 12,595.75 (-507)
26-Sep-08 Friday.. 13,102.18 (-445)
25-Sep-08 Thursday 13,547.18 Base
(My post was at 10:02 India time or 12:30 HK time)

When the Paulson Plan was rejected, my forecast came to an end. Everything worked in reverse gear. I has also mentioned that -

Kalidas: Do not think that I am bullish on the market. This is sugar coated market for brave hearts. This is purely trading scenario – Investment climate is still worsening.

Other points:
1. Dow may rise by 1200 points in 2 or 3 days due to fierce rally in Index related financial shares
Kalidas: It did not, one day down by 778 points, second day up 485 pts. Financial shares rallied by over 20% and in some cases 70% in case of small regional banks
2. Gold may plummeted by 5% to 10%
Kalidas: Gold was $902 (25Sep) Now $ 828 (2 Oct) - down $74 (-8.20%)
3. Silver may plummet by 20%
Kalidas: Now $10.85 (3Oct) $13.40 (25 Sep) down 2.60 (-19.33%)
4. Oil may drop by 10% to 15%:
Kalidas: Now $93.88 (3 Oct) $111.54 (25 Sep) down 17.66 (-15.83%)
5. Commodities may also drop due to US$ rally
Kalidas: CRB Metal sub Index 403 (3Oct) was 425 (25Sep) - Down 22 or 5.17%
6. Euro will fall most- Yen least. Rupee will slide over 3%
Kalidas: EURO: 1.3767 (3Oct) was 1.47 (25Sep) down .0933 (-6.35%)
YEN : 105.32 (3Oct) was 106.5 (25Sep) up 1.18 (+1.1%)
RUPEE: 46.98 (3Oct) was 45.90 (25Sep-Opening) Down 1.08 (-2.35%)
7. World markets may rise. SENSEX may gain by 2400 points in less than 3 days. All index heavy weight may gain significantly. (This was subject to Point 8 immediately following, IF the budget was passed at first instance, which was voted out - that turned the sentiments negative)

NOW, coming to you losing and ruined by my posting, I can only say that you never believed it. You are just bluffing. In fact you mentioned as under:

QUOTE
I had posted my logic several times that even historic bull time has rarely shown such a rally in 7 days, BUT TO MY SUPRISE and TO THE SHAME OF MMB, all of my messages are deleted by you or your BLIND FOLLOWERS.
UNQUOTE

Kalidas, Hong Kong
4-10-2008 (Contd Part II)

06 Oct 2008 22:50

Keep faith.... my country men..... I think we will survive just fine......

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : raj_tibs

2 down circuits and 3000 on Nifty tomorrow?.. lol (seriously!)

-r

06 Oct 2008 22:49

Hi pradesh,
Arre buy anything, its like buy one, get two free. I have entered sugar - like renuka and triveni apart from other sectors.
lovemeall26...

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : pradesh

Hi lovemeall,

Would you please tell us couple of stocks which one may buy now?

06 Oct 2008 22:48

nifty will fall like Russia one day, even less than 1% fall from Russia will do the trick. Russia had fallen 16%....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : raj_tibs

2 down circuits and 3000 on Nifty tomorrow?.. lol (seriously!)

-r

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