Mayhem at the Bourses

The Indian Stock Markets have tanked this week. The volatility of the market has really stunned everybody!!!. Movement of more than 800 points in a day is mindblowing...... I think some of the stocks have been hammered out of shape. I think this is the right time for long time investors. My picks would be Tata Tea, which has tanked from near 850 levels to 650 levels (LTP 702), Seimens, which is looking very attractive at 5000 levels. I anticipate the markets to be volatile until Thursday's settlement. Quite a few shorts have been built up!!!!!!. Let's hope they get trapped this week.....