You are in a bull market.When..

By | January 22, 2015

You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.15 am.

The pink papers are the first to disappear from your lap when you fall asleep on a flight.

Every third executive works through the day with the Moneycontrol site minimized on his computer screen

The excitement in otherwise pin-drop offices is not about Kolkata Knight Riders’s victory but PTC India Financial hitting another circuit.

Old-timers get nostalgic about V P Singh’s 1985 Budget and Manmohan Singh’s game-changing 1991 Budget but conclude ‘this one is different.’

Karvy says the Sensex will hit 100,000 by 2020 and people say ‘That late?’ 😳

You use the wizened ‘Book your profit’ line in evening conversation and people arch their eyebrows with that elevator look as if your clothes didn’t fit.

Even Ridham Desai says it would be better for investors not to get too cheeky about buying on declines because ‘you are not going to be able to catch these declines as smartly as you think you can.’

The most self-confessed wretched are not those who didn’t buy the right stock but those who complain they didn’t buy enough.

You feel so wasted on Saturdays and Sundays you re-read the weekday stock quotations.

The favorite fantasy is not (plug in your preferred weakness) but salivating with the thought of ‘If I had bought 50,000 shares of Suzlon energy @  Rs 8…’

Half the country is talking to you but craning their neck towards the CNBC / ET NOW channels

The real work of the day begins only after 3:30 pm.

An entire country that was struggling to fund the confidence to price stocks on retrospective earnings has started using that seductive ‘based on FY17 earnings…’

Conservative companies, which used words like ‘accruals’ even as recent as mid-May now pepper every third line with qualified institutional placement.

A broker calls a company not to ask ‘Will the next quarter be good?’ but ‘Any block of shares available?’

Gurus recommend we short gold, disinvest surplus real estate and laugh at eight per cent tax-free paper

The best ear-raiser at a party is ‘just yesterday, I was speaking to a fund manager in Singapore.’

You need to get to your retail broker’s office at 8:45 to get the chair closest to the trading terminal.

At 3.30, you wish the markets are on till 5.

You do things you probably have not done in six years, like offering to take the family on a three-day Phuket trip.

You go to the Mercedes showroom to ask about the price of the M Class with a diplomatic ‘just asking, you know…’

When you are full of which stock will quadruple in how much time resulting in exactly what annualized return, but no clue why.

If you bring up even a whispered reference to ‘The Black Swan’ by Nicholas Nassim Taleb, someone is going to soon discuss your parentage.

15 thoughts on “You are in a bull market.When..

  1. Sachin

    Thank You…Can I request a post on your personal journey of trading…acquiring knowledge …managing personal life while trading… good and bad moments in trading etc….

  2. Bramesh Post author

    Follow a trading system it will always forewarn u whats in store.

  3. durairajan

    mind boggling article.yes its true. because 5 years back approved plot one square foot in our area is rs 100/–and 5 years back one gram gold is 700/rs .and 5 years back nifty nearly 5000 point. now at present in our area approved plot one sq/ft rs–1300 and one gram gold now 2600 rs. but nifty only 8790 future. if we add 5 times to nifty then we arrived at 5000*5=25000 point.as well as bnf *5 times and sensex *5 times.yes loggically we are in front of himmalaya.but we are travelling this distence with nayagra sydrome .its time to quality stock buying time without hesitation.

  4. skeerthikumar

    There is a possibility of the pull back because of profit booking but we will see supports at previous breakouts of highs in stages

    8615
    8447
    8364
    8121
    8000 (psychological)

    If all these are broken…which I think is impossible, then yes there is a chance of retesting 7884. However if Nifty can crack down that fast, it will definitely retest BJP Post Election Rally breakout around 7580

  5. navin sharma

    Just wait n see till tuesday. Tommorow closing you will get confidence on my statement. Though i dont have any short positions nor long positions.

  6. H BASAVARAJ

    20 day SMA is 8370 and also OI PE 8400/8700 is 198K may cross this hurdle then may test 8350

  7. sunny gorkhaa

    how can u say si naveen ji..onlt 4 trading days are available till expiry..how can you predict such a big fall ?
    just curious..

  8. Sachin

    Hi Bramesh,

    People say that when whatever you mentioned happens i.e. retail money comes in …its time to exit the market.. is that true?

    Also can you please help me with your view on BHEL.

    Thanks,
    Sachin

  9. Chandan Mishra

    very nice..!!..thanks for reminding market participants about a sense known as humour..

  10. navin sharma

    Sir nice article…
    But market will start cracking from 23/1/15 that is tommorow. Till expiry 10% correction. 7900 Will be tested.

Leave a Reply