Message from Anid_007 16-Jan-2008

As the downslide continues, I know that the level of panic is increasing all around.

The silver lining of the day was the smart recovery of the market from 700+ pt downside and closing at a less frightening 19868.11

Now where we see the market from here?

Honestly todays downslide was mainly because of Panic selling, as no substantial negative cue came from domestic front. And as fer as the economical view from international front is concerned, that had not been supportive since last few months at all--so wt the big fuss now?

So, the bottomline is : no need to panic, stay calm, if required extend your holding time.


Now let me take some of the queries asked in the comment section of previous post.

Electrosteel made a smart recovery, it would been a sell call from me if it might have closed below our stoploss level of 80. So stay invested. dont sell now. you will get your buy level soon.

Alps Ind is a far more stronger share, safe to extend stand to MT/LT if you can.

SAIL is a not a share to sell if it take some beating. Its a golden scrip, stay invested.

ADANI is a big thing..hold till Dec 2008 with a stoploss of 850. Sky is the limit of profit.


Now the problem is with ST investors. ST investor are those who like to ride the boat during uptrend and get off quickly with handsome gain. So ST investors (3 months) may not like the way the scrip ALPS and ELECTROSTEEL have performed.

The actual problem is not with these scrips, but with the timing (you can not get it right all the time, unfortunately) . The day we picked those scrip, small cap and mid caps started mass downsliding. When a bit of recovery was seen, Large caps tumbled.

So nothing to blame to these two scrip specially. So you may quit( if you are a ST investor )when those scrips get a little more upside so that selling price comes near your buying price and minimise the loss.


Players of small scrip may find something interesting in the following link..dont buy blindly without checking the reason of downslide, Balance Sheet, Holding Pattern =>

http://www.moneycontrol.com/india/news/market-edge/stocks-that-lost-over-30their-highs/20/33/321170


I appreciate all of those who took their time to let us know about the scrip they are watching and expecting to rock the year 2008.

I would like to inform you, surprisingly enough some those scrip was same as those forwarded by myself to Team 007.

Keep those disclosure coming in so that we can get a more robust portfolio for Anid_007_Portfolio_V2.

Repeated Text:

I am not going to give any new buy calls till Feb 08 Start.

Anid_007's Portfolio_2nd version will be published on 25th Jan 2008...and the subsequent buy call will be at suitable time.

The team 007 is working on it.

I am requesting all of you to post (in the comment section of this post) your favorite stocks which you feel that could be stock of the year on 2008. our team will look into those.

This time Anid_007's portfolio_V2 will be of the following levels:

25k, 50k, 1L, 2L, 5L or More.

Regards,
Anid_007