No Need to be Panic
Thursday, January 28, 2010
End of the Day...
Up and down is nature of market. You can not ask lion not to kill deers. If operators don't use market then who will use it? Events are used to create havocs as they know that you do not have capacity to pay mark to market over 20%. Plus over leveraging in our blood. We ignore the obvious risk of fall. We had reduced the no of calls to 5 to take advantage and now at its max capacity. This is simply because we are sure about recovery and our destination. We are in a bull market and some correction cannot change our view. In fact we used such correction as opportunity. For that you all need to have same conviction like we.
There is nothing new, in every expiry volatility persists and now it is from last few days. We are expecting some more pain for next couple of days. We also expect faster recovery. Short covering and fresh entry will take market a new high. Our target is intact.
"Opportunities multiply as they are seized."
BigGains !!
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