Originally posted by rakeshmehta48 Originally posted by investor ha ha, nice pic! I think its gone into a coma, will wake up after a few years(hopefully!)     New kid, Dr Obama, is performing the surgery. Hope he may succeed in few years time.

Initial tests suggest that the bull was full of ....  bull.

Hitesh bhai,

The chart looks great, but are we already thro the "blow off stage" My guess is "no"

From whatever i have seen or heard, the answer is a big NO.

Most of the funds are sitting on lot of cash position, which they got into thinking there would be lot of redemption pressure, but not many have started pulling out yet. A MF agent whom i know was telling me the other
day that people are actually still(!!!) putting in money - he hasnt seen
much difference between his turnover 6 months ago and now.

So we are far from capitulation, people still buying means long way to go.

Another indicator which i use, based on my own experience during the crash of 2001, is my own self interest - though i have stopped logging on
to my moneycontrol portfolio and news updates, i still am reading ET, watching CNBC every now and then, and logging onto TED. As things become worse, people tend to start losing interest to track news stories, so this stops. And when i stop logging onto TED(or not having any interest to do so), that would probably indicate the lows of the low!

Originally posted by kulman Originally posted by rakeshmehta48 54% votes for despair + capitulation. I feel, we have not reached the capitulation stage. My vote was for bull trap. I see.... A small query: Have we seen en masse mutual redemptions by retail investors yet?