1. Traders keep off....Might burn their hands real bad
2. Those investing fresh keep a minimum view of 3 months even if investing with a shorter term view
3. Market might n should fall another 500-700 points....buying might start emerging arnd 10500-10800 levels
4. Buy only quality stocks irrespective of midcap or large caps.....only quality doesnt help....valuation also need to be given a thought.....think 10 times b4 buying anything post 12-15 PE.....BUY IN INSTALLMENTS
5. Average only if the stock has fallen by 20%......n then more arnd 35% fall....dont start averaging juss on a mere 5-8% fall......THTS MY STRATEGY
AVOID ADDING OR AVERAGING MORE OF SPECULATIVE STOCKS
MARKET MIGHT REMAIN VOLATILE FOR THE NEXT 2-3 DAYS.....POST WHICH I MIGHT START MY SHOPPING
Thursday, May 18, 2006
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