To me it is. Lots of things are similar.

Then Mortgage crisis. Now Euro crisis.
Then FII selling, now FII selling.
Then Derivative concern. Now Power sector concern.
Sintex then touched 75. This time it touched 80. Ofcource after split but profit is double too.
PM MMS this time also PM MMS.

Many companies have similar valuations.

It should be interesting comparison. Similarities and differences.

Originally posted by rohit1889 Many margin calls seem to be getting triggered. Many darlings of past few months are locked in LC. I have not witnessed march 09 but this selling will continue i guess. Its indeed scary.Is it time to be greedy or we need to wait for the things to settle a bit ?

Where were you in march 09? read the TED posts of those times especially on the titan thread

Originally posted by basant Originally posted by rohit1889 Many margin calls seem to be getting triggered. Many darlings of past few months are locked in LC. I have not witnessed march 09 but this selling will continue i guess. Its indeed scary.Is it time to be greedy or we need to wait for the things to settle a bit ? Where were you in march 09? read the TED posts of those times especially on the titan thread

Thank you sir. I'll go through them.
I was doing my engineering during that period and i was not at all associated to markets. I just knew that there is something called recession going on which was hampering our placements.
I have gone through many posts on different threads from 2006 to 2011. The one which you had written "Learnings from bprevious bear markets" is too good. I got the feeling of how things fell apart. But to read and get the first hand experience is a bit different. 


Edited by rohit1889 - 18/Nov/2011 at 12:04pm

Suppose i have 1000 shares of Hawkins purchased @ 1500. (just for the sake of assuming )
Now the market is falling apart. Suppose Hawkins slides to 1300. I fear that this selling will continue for few more weeks and if that does Hawkins might slip to 750. I am damn sure if this happens i'll buy Hawkins. But i don't have any cash to do that.
I'm already down by Rs. 2,00,000. If Hawkins goes to 750, i'll be in 7,50,000 loss and i'll not have any cash to take advantage of this opportunity. So should i liquidate my holdings in Hawkins and wait for it to drop to 750 with Rs 13 lakh in hand? And what if after i get out @ loss it goes to 1600 ?

I'm facing the same dilemma right now and i'm sure many will be. I'm confused whether i should get out at loss and wait for collapse to get over (which i'm sure i'll not be able to spot. To be frank no one will be able to spot the bottom) and then start buying or just stay invested.

Another dilemma is that  if i decide to stay invested no matter how much the market goes down, will i be able to handle the pain when i'm 60-70 % into loss?

I guess many of the seniors who have witnessed 2008 bear market would have been confronted with the same issues during that time.


P.S: I'm not invested into Hawkins in that proportion. I have used it just as an example.