Results and mood swings! 
Saturday, January 30, 2010, 01:10 PM
Posted by Administrator

Results have been a mixed bag. Interest rates may harden! Commodity prices firming up! Food prices soaring! Looks like happy days are gone for markets. The markets fell with record columes on Thursday, 28th Jan 2010. I have been only watching. I sold some Havells last month, only to see higher levels. Anyway, I have long stopped trying to time the markets as I know it is impossible to get it right every time.
As of now, I think markets are in consolidation mood. It was due after the prolonged rally upto 17700. Now, i am looking to add one of my existing stocks in my portfolio. That will be Indian hotels. I am waiting for 85 levels. I hope I manage to grab some at those levels. So as for me, I think it is best to add to your best stocks in your portfolio. The economy indicators are going to be changing all the time. Getting bogged down by them is not my way. "Tighten shoe laces for a roller coaster ride till budget day and fix targets for all purchases" is what I will be doing!
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