Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
kizee1 wrote:hisah wrote:Mainat wrote:When I started this thread in April, I had in mind a general election on August 2012 with two months to settle everybody’s nerves. Now that there is even a possibility of a general election in March 2013, it could be May 2013, before we see anything like NSE normalcy.
Perhaps that is why all these IPOs/introductions are happening now because firms are unwilling to wait another 2 years...
If you are in profit@ the NSE, you have 3 options. Hold and assume that the dividend (which will increasingly be spaced over a longer period), will compensate some of your unrealised losses. Liquidate and move into the only game in town. Or average down slowly in the hope that come 2014, ceteris paribus, you’ll be all smiles.
As I was saying to somebody yesterday, I wish we can fastforward the next 18 months until end of 2012.
I was thinking that the excessive NSE oversell would halt at 3600, but now with the US debt downgrade that is an outlier I couldn't factor in - a pole thrown into the spokes!
Indeed those 18 months are going to be a long wait in panic central. Somehow I have a sneaky feeling there will be a snap election! how low can we go? man this time the whole world is imploding, 2008 doesnt seem so bad anymore When the market goes into a moody fit there's no way to try and call a bottom. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|