Comments on: Bear Market Rally or a Bottom? http://www.sinletter.com/2006/06/bear-market-rally-or-a-bottom/ Tue, 03 Jan 2012 14:45:43 +0000 http://wordpress.org/?v=abc hourly 1 By: Anis Haroon http://www.sinletter.com/2006/06/bear-market-rally-or-a-bottom/comment-page-1/#comment-85 Anis Haroon Wed, 30 Nov -0001 00:00:00 +0000 http://www.sinletter.com.php5-6.dfw1-2.websitetestlink.com/?p=421#comment-85 The Bombay Stock Exchange Sensex continues to remain as fluctuating as you had mentioned in your blog. Indian shares fell more than 3 percent on Monday, with the market closing at 10,042.06, taking back more than half the previous week's gains. On one hand market sentiments look weak with expectations of higher U.S. and Indian interest rates, whereas on the other, the Indian Finance Minister seems to be making tall claims of the <a href="http://in.news.yahoo.com/060626/137/65ely.html" target="_blank">economy growing over 8 pct in 06/07</a>. Do you still think it is better to wait to take a plunge in the Indian Markets? The Bombay Stock Exchange Sensex continues to remain as fluctuating as you had mentioned in your blog. Indian shares fell more than 3 percent on Monday, with the market closing at 10,042.06, taking back more than half the previous week’s gains. On one hand market sentiments look weak with expectations of higher U.S. and Indian interest rates, whereas on the other, the Indian Finance Minister seems to be making tall claims of the economy growing over 8 pct in 06/07. Do you still think it is better to wait to take a plunge in the Indian Markets?

]]> By: Asif http://www.sinletter.com/2006/06/bear-market-rally-or-a-bottom/comment-page-1/#comment-86 Asif Wed, 30 Nov -0001 00:00:00 +0000 http://www.sinletter.com.php5-6.dfw1-2.websitetestlink.com/?p=421#comment-86 <p>Anis, even though I prefer fundamental analysis, I do look at charts occasionally and from experience know that swimming upstream is a whole lot more difficult (try doing it in a frigid river after you fall off a raft while white water rafting). I like the fact that the index has managed to stay above the 10,000 level and the recent news that <a href="http://economictimes.indiatimes.com/articleshow/1685826.cms">Reliance is going to invest $6 billion</a> in the retail sector, <strong>creating 1 million new jobs</strong> in the process is also positive.</p> <p>So at this point, I may consider slowly adding to some positions or initiating new positions in some stocks. Once the fed is done raising interest rates, I am considering adding bonds to diversify my portfolio across asset classes.</p> Anis, even though I prefer fundamental analysis, I do look at charts occasionally and from experience know that swimming upstream is a whole lot more difficult (try doing it in a frigid river after you fall off a raft while white water rafting). I like the fact that the index has managed to stay above the 10,000 level and the recent news that Reliance is going to invest $6 billion in the retail sector, creating 1 million new jobs in the process is also positive.

So at this point, I may consider slowly adding to some positions or initiating new positions in some stocks. Once the fed is done raising interest rates, I am considering adding bonds to diversify my portfolio across asset classes.

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