Mayhem

Mayhem -

BHEL does a stock split.....great...will you buy?
ONGC - no FPO as yet .....great...will you buy?
TATA Steel - < 400 .....great...will you buy? (remember it has huge debt @ high interest rates)
RIL/Larsen/SBI ....just one way .....great...will you buy?

Some stocks just seem to hang on
I have seen HDFC and HDFC bank just holding on to 600+ and 450+
They just dont seem to go down ..obviously due to large institution holdings. What if they decide to offload?

They say the best time to buy is when everyone panics.....is this the time.

Personally I want to wait and see a reversal (would be a big one when it comes).
But it gives a comfort factor to buy @ that time

However, rest assured no analyst will say dont buy SBI/Larsen/ONGC etc

Alternate options:
- Index Funds [eventually will give index based returns when market rises]
+
- FD @ 9.25% [SBI/Corporation bank]

All of us who have invested in stock and have tasted blood (profits) always seem to think 9.25% of FD is crappy.
Think again....