Todays Review

Hello Friends
As mentioned in the morning.. the market ended flat amidst a very volatile day. We booked out good profits in Mahalaxmi Seamless and Premier Explosives as a precaution (Safe Investor).. premier explosives can target much more... As i have been saying since the past 15 days to all the people who are associated with me and now am telling this on the blog for the first time.. CAUTION IS THE BUZZ for the coming months.. I will sincerely advice investors to hold on to only 15% to 25% of their portfolio at the moment, and remain in cash for sometime. The advice comes on the back of strong analysis of the Indian and foriegn markets as well as economic conditions prevailing. We have had a very good run in the year 2007 and it would be very foolish to expect the same in 2008. The above statement is backed by some major concerns in political front, then economic downtrend in USA, the BIG DADDY of all - THE BUDGET-- already few analysts are expecting some bad news from it....
Henceforth, I would advice to the readers to be EXTRA CAUTIOUS and dont invest more then 25% of your capital till the budget, Book profits on all the stocks which have given you very good returns (its better to make a profit of Rs 100 and say "oh man, i could have earned Rs 125" RATHER THAN holding on to the script and say "oh.. had i sold it that day i would have earned Rs100.")
Rakesh JhunJhunwala sold more then 35lakhs shares of HOEL which he has been holding for such a long time.. according to the sources he has sold off many things from his portfolio in the month of december....
We should not be reluctant to book the profits thinking that the script will rise after you sell.. there are 10000 invesmtment opportunities available and we will grab them as the time comes..so taking all these into account (and also the normal risk apetite of individual investor) staying out of the markets or investing marginally for 2 months is not a bad idea because if our timing is correct then the remaining 10 months are more then enough to make up and eventually you will see that you have earned more then what you would have earned remaining invested for the entire year.
ETC NETWORK - i had recomended @ 145 with tgt of Rs 400++... still i have reco to all those who bought to book out 75-80% @ 255
Most of the calls are trading higher (20-25% up from the recomended levels.. Play Safe Investors can book out 100% and stay in cash.. High Risk Appetite Investors can hold on.

Happy Investing
Investomaniac
JAI DADI KI