5th Feb 2010 (before market open - at 8:00 AM IST)
Dear Subscribers,
Earlier this week, we shared the list of "Growth boosters" stocks and couple of our subscribers asked us a question why some of the stocks are NOT low PE stocks. So we thought of clarifying it for all of you to avoid any confusion.
The earlier shared list (also posted on website) is for "growth boosters stock" (one of our new service - soon to be launched and yet to be announced). When we shared the list we clearly mentioned that this is list of stocks with great growth potential and are good buys on dips considering their growth potential as these companies have registered big growth in earning and/or sales. Surely all the stocks in the list may not be low PE stocks. These are great buys as long as you can hold them for long term and don't care about short-term price movement.
Usually if the market is volatile then grabbing such growth boosters stocks at dips produce nice gains sharply when market recovers. That's why we thought of sharing that list so all of our subscribers could benefit from that.
You will see low PE stocks as part of our regular weekly update on this Sunday. You can refer that list on Sunday to buy stocks, if you prefer low PE stocks.
Hope it clarifies.
About website update:
As all of the profitable positions were closed as per our alert in January (before market correction) - you will see all those positions updated in the "Closed positions" category with this weekly update. Surely the positions which were still in -ve (on that day are still open and will be part of open positions).
Market Strategy:
Today we expect market to be very volatile and a down (1.5%%-3%) day - though we may see some buying towards the close of the day. Risk takers may like to buy some of recommended growth boosters stocks (though expect volatility). If you don't like to take risks then please avoid any buying today and wait for our recommendations on Sunday for low PE stocks.
Please note: When market gets volatile - NEVER PANIC - use such opportunities to get into quality stocks and hold for long term. You MUST note that US economy is tanking and that's the real truth and sooner or later it will become a global truth/belief and Asian markets will stop reacting to down days in US markets, though that day is quite far right now. When you buy quality stocks then don't PANIC and remember Indian growth story has just begun and golden days are yet to come. Everyone should invest for long term and shouldn't expect any quick gains in such market conditions. Such market allows to build a nice portfolio on dips and provides opportunities to make big gains over a period of time - though go slow and buy selected stocks.
Good luck for making money,
Multibagger.
Earlier this week, we shared the list of "Growth boosters" stocks and couple of our subscribers asked us a question why some of the stocks are NOT low PE stocks. So we thought of clarifying it for all of you to avoid any confusion.
The earlier shared list (also posted on website) is for "growth boosters stock" (one of our new service - soon to be launched and yet to be announced). When we shared the list we clearly mentioned that this is list of stocks with great growth potential and are good buys on dips considering their growth potential as these companies have registered big growth in earning and/or sales. Surely all the stocks in the list may not be low PE stocks. These are great buys as long as you can hold them for long term and don't care about short-term price movement.
Usually if the market is volatile then grabbing such growth boosters stocks at dips produce nice gains sharply when market recovers. That's why we thought of sharing that list so all of our subscribers could benefit from that.
You will see low PE stocks as part of our regular weekly update on this Sunday. You can refer that list on Sunday to buy stocks, if you prefer low PE stocks.
Hope it clarifies.
About website update:
As all of the profitable positions were closed as per our alert in January (before market correction) - you will see all those positions updated in the "Closed positions" category with this weekly update. Surely the positions which were still in -ve (on that day are still open and will be part of open positions).
Market Strategy:
Today we expect market to be very volatile and a down (1.5%%-3%) day - though we may see some buying towards the close of the day. Risk takers may like to buy some of recommended growth boosters stocks (though expect volatility). If you don't like to take risks then please avoid any buying today and wait for our recommendations on Sunday for low PE stocks.
Please note: When market gets volatile - NEVER PANIC - use such opportunities to get into quality stocks and hold for long term. You MUST note that US economy is tanking and that's the real truth and sooner or later it will become a global truth/belief and Asian markets will stop reacting to down days in US markets, though that day is quite far right now. When you buy quality stocks then don't PANIC and remember Indian growth story has just begun and golden days are yet to come. Everyone should invest for long term and shouldn't expect any quick gains in such market conditions. Such market allows to build a nice portfolio on dips and provides opportunities to make big gains over a period of time - though go slow and buy selected stocks.
Good luck for making money,
Multibagger.
