Stock market glug! glug!

by harharmahadev Tue Aug 09, 2011 4:26 pm

NLY had a nice bounce today. I think this one will continue to rise.

PTY should rise as well.

by Guest Tue Aug 09, 2011 4:27 pm

aaaargh, y'day was crazy in terms of volumes... grrr.

by Another Brick Wed Aug 10, 2011 12:46 am

oh by god chal padee
market uth gaya
mera portfolio
thoda sudhar gaya

satyam up by 10%. DFMLJY X 10 (don't FML just yet)

by Merlot Daruwala Wed Aug 10, 2011 5:44 am

Another Brick wrote:oh by god chal padee
market uth gaya
mera portfolio
thoda sudhar gaya
satyam up by 10%. DFMLJY X 10 (don't FML just yet)

Vinodini, hope you've been using your black money to pick up some beauty bargains these last couple of days.

by Another Brick Wed Aug 10, 2011 7:09 am

Merlot Daruwala wrote:Vinodini, hope you've been using your black money to pick up some beauty bargains these last couple of days.

haha, i lost all that black money in 5700 CE for aug expiry. but i bought coal india, l&T, tcs and satyam on Monday. i was going to enter gold, but am not doing it just yet. you buying, saar!?

by Impedimenta Wed Aug 10, 2011 8:09 am

Another Brick wrote:
Merlot Daruwala wrote:Vinodini, hope you've been using your black money to pick up some beauty bargains these last couple of days.

haha, i lost all that black money in 5700 CE for aug expiry. but i bought coal india, l&T, tcs and satyam on Monday. i was going to enter gold, but am not doing it just yet. you buying, saar!?

vinnu,
what ha ha ha? how do you have black money? aiyaiyoo, maybe you are cool after all:-) i got to start paying more attention here...

by Merlot Daruwala Wed Aug 10, 2011 8:18 am

Another Brick wrote:
Merlot Daruwala wrote:Vinodini, hope you've been using your black money to pick up some beauty bargains these last couple of days.

haha, i lost all that black money in 5700 CE for aug expiry. but i bought coal india, l&T, tcs and satyam on Monday. i was going to enter gold, but am not doing it just yet. you buying, saar!?

Yup. Bought much last two days but sat out today. Pacing it out so I don't miss out on any further fall. Been itching to pick up L&T but I don't think it's going anywhere soon (like other infra stocks), so will take my time.

I thought of you when I saw the Satyam numbers yday - for some reason, I just can't bring myself to touch that stock. I also dislike HCL but at current prices, I just couldn't say no. Picked up TCS as well. Thinking of Tata Motors.

No gold for me. Not at these prices. Gold is for unkils in Kansas basements who need to worry about capital preservation for retirement.

by Another Brick Wed Aug 10, 2011 9:45 am

i averaged L&T (earlier buy was 1750 and i bought some more at 1600). its results were good, so i thought that might go up, but it has not.

TCS and HCL, good pics. udayan mukherjee was recommending those stocks this morning on moneycontrol.

by Another Brick Fri Aug 12, 2011 5:08 am

bought some more TCS after it corrected 3.5%. it is very tempting to buy more of this gem today, but i shall wait. if it goes below 900, i will buy again. this stock is like my FD. i will look back at it after 2-3 years.

by Merlot Daruwala Fri Aug 12, 2011 6:44 am

Sadly I missed all the action - was in and out of meetings, so could not track the market. I heard PSU banks took a pasting today...

by Another Brick Fri Aug 12, 2011 6:47 am

yes. even tata motors corrected by 5% today. looks tempting now.

by Merlot Daruwala Fri Aug 12, 2011 8:59 am

Nice. Hope the long weekend doesn't suddenly make the markets change their minds on Tuesday. Another 1-2% fall would be sweet.

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