Friday, September 20, 2013

Hi All,

Today we saved our hard earned money from reducing by almost 2%. It could have gone the other way also but when market is overbought .... its overbought... all one need to do is sit back and wait for turn.

what do you say.


Wednesday, September 18, 2013

Hi All,

On 31st July at around 5740 levels we were bullish, post that nifty showed us levels to the tune of 5350 also and now at near about 6100.

As names of blog suggests markets are going to remain "Dancing"and we should not the actual current, markets due to many factors may behave against current for some time but will be back to current.

Today is 19th September if i take 6100 as today's close it will be 6% jump from just 50 days. That's reward for faith you kept.

In total If i look at from June onwards 13+6=19% growth I've made without taking any significant risk.

Just see this for yourself.

We are now shifting to Short Term Gilt fund. Market may go upto 6300 as well and then fall why to take chance ?

We will sit with our funds in safe place till the time market gives us another bottom fishing opportunity... may happen in a weeks time or may happen after 2 months or 3 months ...