hisah wrote:Sufficiently Philanga....thropic wrote:Truly a long bear! The NSE index has lost 23.3% YTD so far surpassing the crazy 2001 long bear where the index lost 21% and seems set to challenge year 2008 36% fall
I can see you have also time travelled to 2001
I have been here since June. Welcome to the future!
I am liking the discounts on the bluechip counters. This bear will make millionaires when the bull cycle returns.
2001,2002 - capitulation - 2003 - bull starts.
2011, 2012 - capitulation - 2013 - bull will start.
Couldnt agree more! But 2013 is soo tomorrow to wait for the millions!Or is it trillions?
BTW, i agree with you on bluechips leading the way when the bull finally arrives!
I remember EABL, then KBL used to hover in the 70s range 2001 thru 2002 and boy, didnt this counter breed millionaires in 2003.2004 was the climax when it did a split of 5:1 and a bonus and was still post 100. And the story is the same for all the other bluechips then.
Anyway, long story short, there is money to be made!
@SufficientlyP