Fwd: [nsews] NSEWSPEAK: 152-NSE Worksheet

From the Host's desk

The site had been updated as usual on the last weekend: (For weekly updates pl do visit)
NSEWS

The updates here are just mentioned for the record

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OPEN SIGNALS LIVE

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For the universe of stocks being monitored by NSEWS visit: NSEWS TABLE

SIGNALS THIS 152nd WEEK
	Thursday, March 20, 2008
There  are no signals this week. Two more stocks (Herohonda and Munjalshowa) have gone into long term downtrend this week. Only 2 stocks in our Universe keep their head above and is still afloat. (See Open Signals) As we have mentioned before, every entry should in turn have a good exit strategy, or you may get struck. So is for a good investment strategy. The SELL is as important as a BUY. Or you will never know, where your investment has vanished. Like the Bear Stearns stock which was quoting at $170 about 14 months back, was not worth $2, which JP Morgan paid for each one of their shares (that also not with full willingness but with Fed's cajole, backing and covering the risks on their behalf). The total price they paid was less than the price of Bear Stearns' headquarters in Madison Avenue, or less than a Mumbai real estate deal.) This for an investment Bank with 85 year's history and which till recently was the third largest US Brokerage firms behind Morgan Stanley and Goldman Sachs. And on last Friday the firms' executives had told investors and analysts that the firm's book value was still $80.  This Book Value does not convert  into Share Price as we realize yet again. That is what we mean by saying "share has an intrinsic value but not a logical price, which depends very much on the market, demand and the instant ( or time)" in our PRINCIPLE of NSEWS. Well cash in hand is definitely better than cash in a sinking ship. So if one believes in Buy and forget (sorry, Buy and Hold!!!) theory of investing, one may as well forget the investment in such cases. To watch all of the stocks live please do visit Open Signals. The NVF has again increased a little. The wild fluctuations in the market prices continued for another week. It does look like, it will be quite a while before we can invest confidently for a longer term.  NVF     5.85   Bye and Happy Investing.