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Tuesday, August 19, 2008

Lazzzzzyyyyyyyyyyyyyy

Its all my laziness which is costing me, last week I had a view that the market is on its high and is about take turn. The Sept 4300 Put was available at the price on around 45-50 Rs where I was going to put buy; which is now trading for the price of around 175 Rs. It was the G8 chance of making money... this would have been like my first call on the blog which was very hit and made around the 3 times money on investment. The market seems that it would be trading in the range of 4350-4550. Yesterday we saw lot of movement but didn't close badly, for now i feel that there will be a little bounce back making the lower high lower bottom then. I think we will get chance to buy the put again around 4500 but may not be at that good Price still expecting to get it around 75-85 Rs if we go around 4500 mark. Lets see how it turns out. Hope i'll not be lazy this time ....

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