Me … A Geek … No way!

Fiction. Travel. Tech.

The bull run …

with 11 comments

It crossed 19k today.

bull1.gifOnly 4 trading sessions were required to move from 18k to the present day close.

17k -> 18k happened in 8 trading sessions.

16k -> 17k climb took 5 trading sessions. (This was the fastest climb until today)

The SENSEX was hovering around the 14k mark in Dec ’06.

It has climbed more than 12k since the time I got a PAN Card 😮 (How I lost it and have not been able to reclaim is a different and sorry tale altogether)

Do you see a pattern (skeptic or otherwise)? Well, don’t try to … instead listen to analysts who predict that 20k is in vicinity (Diwali time is what forecasts say) and 25k is what the index could read by the end of ’07!

The bears will be hiding for quite some time and the bulls beating them … will continue.

Written by Sangfroid

October 15, 2007 at 8:12 pm

Posted in Mumbo Jumbo

11 Responses

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  1. my money is on a correction… only 2 cents though 😀

    Sreejith

    October 16, 2007 at 2:39 am

  2. I have absolutely no clue about stocks but can kinda figure out its movement, thanks to all the hype over it..
    And hey, I just loooooove the toon..its so cute!! 🙂 You did it??

    sam

    October 16, 2007 at 9:27 am

  3. Btw, how many posts since this pattern of writing prevails?? 😉

    sam

    October 16, 2007 at 9:39 am

  4. Sreejith, sure … there will be but hopefully not now 🙂

    Sam, … hehe ever heard of a cute bull 😛 i blatantly copied it from the net.
    y do u ask, dont u like the pattern anymore ? 😐

    Sangfroid

    October 16, 2007 at 10:40 am

  5. Although this run has happened pretty fast but certainly you must trade cautiously. I opened a short today morning and m still holding it. A minor correction looks possible and my money too is running on it 😉
    Cheers,
    Vaibhav

  6. Lol..unfortunately I find cuteness in the most unappropriate/ unlikely thigs!! 😀 And I thought so, engineering and sketches don’t go together.. 😉
    Am not complaining about the pattern, just wondering… 🙂

    sam

    October 17, 2007 at 10:47 am

  7. Vaibhav, thanks for dropping by! I’ll say ‘make hay while the sun shines’ 🙂

    Sam, Keep wondering! 🙂 btw, engineering n sketches might just go together 😉

    Sangfroid

    October 18, 2007 at 10:47 am

  8. Engineering n sketches might just go together : HOW??

    sam

    October 18, 2007 at 2:19 pm

  9. Sam, I meant that engineers are not devoid of creative/artistic instincts altogether 🙂

    Sangfroid

    October 21, 2007 at 12:01 pm

  10. i closed my shorts yesterday dude.. the markets were at 19k and now at 17.4…yeah u said it right..Make hay while the sun shines 🙂
    M happy i opened the short at the right time.. sometimes markets are more about Intuition than logic 🙂

  11. hey Vaibhav, all time high this Friday 🙂 Long term dividends!

    Sangfroid

    October 27, 2007 at 4:03 am


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