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Buying Binge

June 26, 2008

Okay,its going to be a real short one. [ My boss is expecting me in lab to design the latest fuzzybulator to take on the world]

Given the delicate nature of the markets and the volatility, what should be the strategy to buy? Do you buy those stocks which are still in green, as per your portfolio? [Yes, I do have some] Any green ticker in a situation like this does indeed mean two things : one, you picked it up in a real bottom and second it has shown remarkable resilience to any downside. Now the question is, do you build up your portfolio on those winners and go underweight on them?

C’mon, they are winners aren’t they?

Or, you go for the stocks which are dead cheap, beaten black and blue and up for grabs?

Of course, the stocks I am talking about are perceptibly attractive ones. So if you think that you are in a situation for catching hold of some bottomed out catch, then optimism tells us, it has only one way to go, up. Isn’t it? 😀 I understand its confusing, but take a look at the year high charts of Mercator Lines[MERCAT] or for that matter, Great Eastern Shipping [GESHIP]

What do you say?

One Comment leave one →
  1. June 27, 2008 6:14 pm

    Lovely blog soham…I’ll be visiting more often 🙂

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