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
Any messages may continue to be send to this group as before. If you have any comments,
pl write in the NSEWS yahoo/google group.
For the universe of stocks being monitored by NSEWS visit: NSEWS TABLE SIGNALS THIS 191st WEEK | |
Sunday, December 21,2008 | |
| This week there are two signals, both from oil & petroleum sector. These come after a barren 7 weeks. And NVF has come down drastically to 3.86, very much within stable levels. And so NSEWS is back in business. The prices of stocks are at very low levels, and as we said it does not ensure that prices will not fall still further overall. So it is better to be very selective and be extra careful. It is not very much correct to say that we may not be able to buy stocks at these low prices, if the prices start rising as many analysts happen to think. It is not our objective of investing to get hold of as many stocks at the lowest prices and hold on to them. Rather it has to be the return we can obtain while investing. And holding on to a stock at the lowest price (may be), but without a rise for a long time does not result in any appreciable gain for the investor, but only the risk which he takes, while holding on to it, of any likely erosion in price. This is again the NSEWS principle in a gist. That is why NSEWS always try to identify the stocks when they are breaking out and again when they fall. NSEWS always stands for the utmost transparency and the highest standards in corporate management. We can't condone instances where shareholders' rights are even doubted to be trampled, may it be Satyam or Maytas (Satyam reading from right to left). Especially when it is a corporate deal involving a public limited company where the promoter is having less than 10% of share holding and the other where it is a family owned concern of the first company's promoter, things have to be very transparent. Hence we are removing Satyam Computers from our universe of stocks from this week. We will surely include at least one more stock shortly in its place. You can check here how we have performed so far at : Open Signals & Earlier Signals |
|
|
|
|
| | Stock | Signal | Price | Date | Gain | | HINDPETRO | B | 267 | 19/Dec/08 | (lower price 21.2% in 49 weeks - CAGR 22.7%) | | IOC | B | 409 | 19/Dec/08 |
|
| (to see this message properly, visit NSEWS ) |
| |
| Bye and Happy Investing. |
|
--
---
Nothing is permananent, except change.
NSEWS Blog -
http://nsews.blogspot.com/NSEWS Home page -
http://www.inetword.com/vmoh/NSEWS.html