[nsews] NSEWSPEAK: 211 -NSE Worksheet

From the Host's desk

The site had been updated as usual on the last weekend: (For weekly updates pl do visit)
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The updates here are just mentioned for the record

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	SIGNALS THIS 211st WEEK
	Sunday, May 10, 2009
	There are four Buys & one Sell from NSE and one Sell signal from Nasdaq this week. The market is continuing on its uptrend in spite of the doomsday predictions of many experts. There are many who say that the stocks have gone up by a big margin, many have even doubled from the bottom levels reached by them during the big fall. But they never think twice, nor disclose, that these stocks, many of them, had   collapsed seven upto 10% of their highest levels. if after doubling, such stocks reach 20 to 30 % of their highest levels that should not be such an issue. Of course NSEWS is  never at predicting the market nor putting a value for the stocks or the index, as mentioned many times here. We are only trying to judge what action is best to adopt, according to the strategy we've developed here at NSEWS. If tomorrow, there is a big collapse, of course none could do anything about that. We can do utmost put a stop value for our Buys like 90% of the value the stock has reached (which may better be judged by the investor) or if daring enough, wait for the NSEWS Sell signal which can only come if called for under the circumstances, which may not be true in many cases like i) if the stock prices rise in the remaining days or ii) if the reduction is not enough to generate the signal. Again the election results due in the coming week will definitely have an impact on the market, but again is unknown in which direction. Again the volatility has increased this week but is still within manageable proportions as defined by NSEWS. It is always best not to go by anyone's advice blindly especially of the instant kind like the TV channels or advisors who may be more interested in the cut they can make from the multiple transaction their advice can generated, if you as an investor is not interested in getting, whatever profit generated by your strategies, evaporated. It is always best to go for a longish or if time permits a medium term strategy of investing.
	INDIABULL B 138 08 May 2009 (lower price 81.2% in 66 weeks - CAGR 59.8%) TATACHEM  B 185 08 May 2009 (lower price 49.3% in 48 weeks - CAGR 54.4%) TATASTEEL B 280 08 May 2009 CIPLA     S 237 08 May 2009 (incr 19.7%  in 9 weeks - CAGR 183%) ORCL S 18.8 08 May 2009
	NVF                                         7.6
	Bye and Happy Investing.