Titan! But it comes with its own risks.

Edited by basant - 30/Jun/2008 at 11:10am

Basantji,

I take one day off and so much of activity on TED!!

Very interesting points Basantji.

I agree with the fact that some of the companies which get hammered
will never see such levels again for many many years. So just because
something has fallen say 70 or 80% does make it an automatic buy.

This is my second bear market after 2000, and somehow the more it seems the same, the more it is different as well!

Last time i did not have this much of knowledge, so just clung on to my portfolio for the next few years, without selling out or buying more(averaging down).
This time i have decided to sell and save whatever profits i could.
Lets see how this works out. So far it has been an excellent decision.

Originally posted by basant 10) I have seen two bear markets one in 1992 and another in 2000 and the portfolio destruction is maximum. People who make money are the ones who a) Cut losses b) Stop averaging c) DO not look at how high the stock has fallen from d) Patiently invest in companies whose EPS is bound to grow.

Edited by investor - 01/Jul/2008 at 2:19pm

basantji,
Sometime back we were discussing historic low P/E levels for Sensex, What are those levels and have we already breached that?