FABULOUS-15 Monthly Update January 2010 http://akprabhakar.blogspot.com/2010/01/fabulous-15-monthly-update.html Fabulous-15 has returned minus 2.06% so far and looking at market carnage the diversified portfolio has stood the test of correction so far. To repeat the intentions, this portfolio was specifically designed for investment over 1-2 years and as we expect 2010 to be an year of flat to negative returns only select stocks are expected to do well. Nifty has fallen 6% in Jan’2010, taking Profits in ABGSHIPYARD has balanced our returns so partial profit booking and adding back in dips is advised. GREAVES COTTON, GSPL results have been excellent. Next week PSU stocks like GSPL, MRPL, NEYVELI and POWERGRID can be in action.
Year 2010 is a flat to negative for equity market, timing the market is always difficult and it is in such periods that one becomes aware of the importance of diversified portfolio, the quote of Warren Buffet is so true, “It is when tide goes out one knows who has been swimming naked!” Please note- Market can have a good rally in PSU in coming week and after that there can correction nearing budget so if you are not comfortable then exit or reduce position. Regards A.K.Prabhakar Equity Analyst [email protected] [email protected] * * http://akprabhakar.blogspot.com http://prabhakar-views.blogspot.com *Disclaimer:*** *This represents views based purely on Technical studies. The information and views presented in this report are prepared by A K Prabhakar. The information contained herein is based on my analysis of the Charts and upon sources that I consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither A K Prabhakar nor any person connected with him accepts any liability arising from the use of this information and views mentioned in this document. A K Prabhakar and his affiliates may hold long or short positions in the above-mentioned companies from time to time. The report is intended for a restricted audience and I am not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities. * -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
