Monday, December 08, 2008

[nsews] NSEWSPEAK: 189 -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

Check the stocks live here:
OPEN SIGNALS LIVE

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 189th WEEK 

 

                                                                                                 Sunday, December 7, 2008                       

 

    

This   week there are yet again no signals, for the sixth week in succession. No doubt these are the best values in stocks we can expect to get in a long time to come. But the stocks have not yet shown a tendency to go up. And we can't also be sure whether the prices will go down still further before going up. Also it can take sometime before the stock prices go up. This is one of the problems with a Buy & Hold strategy.

It is also very well known that no one can correctly predict the bottom or when it is reached. Neither is it possible to predict the top to find out when to sell the stock to achieve the best profits.

In such a scenerio, we had developed the strategy followed by NSEWS. We believe that it is possible to some extent to know when a breakout has occured in the beginning itself and to assume that it will continue with a reasonable good probabiliy. SImilarly is it possible to identify when the stock prices are starting to fall. This is the gist of the strategy followed by NSEWS. Well it definitely has worked till now.

You can check here how we have performed  at

Open Signals & Earlier Signals

 

We honestly think we have performed quite well till now.

And continuing with our normal business, NVF is going down though by a very small amount, indicating the building up of the confidence in the market, though there is still a long way to go.   


Stock
Signal
Price
Date
Gain
No signals this week
                          (to see this message properly, visit   NSEWS   )

 NVF  

  9.17

  Bye and Happy Investing.




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