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The eldergulls dairyIntraday Calls/Short Term Calls By Our Members
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The Markets R On The Move
date 03/27/08 time 7.20 pm
Hi All, i think one needs to keep ones concentration while trading in the days ahead. It is not going to be easy and rfankly i think that buying will have to be done when the stocks are falling not when they trun around. These rallies will be sharp and maybe there is a gap up opening when the move occurs. be very chossy. If one wants to know more my trading signals write in to me at To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. or add my yahoo id : phoenix_diary And send me a message which reads" yaho yahoo". I will know u r from this site.
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Be careful from now on
Date 03/28/08 time 9.24 pm
Hi All, Though i had said that the markets will be moving up, let me add now that it has moved up, it will be difficult going from here on. The reason is simple, this is basically a anti trend move and hence this move will be very sharp. It already has been a big move this week. The going in the next two can be sideways. More then two weeks down the line it will be easy to state when we will fissile out. Mark my words this rally will fissile out surely. When and how will be something which i will talk about when we come to it. If one wants to know more my trading signals write in to me at To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. or add my yahoo id : phoenix_diary And send me a message which reads" yaho yahoo". I will know u r from this site.
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sinn fien Neeraj B To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. MY BLOG: To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. |
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well we turn again
Date 03/31/08 time11.42 pm
Hi All, i did say that when we turn i will come and talk about it. Little did i know that i would ahve to come the very next day. At 11.00 am today the nifty futures segment went into a sell mode. The level to watch out for now is 4848. If it closes above that level on the coming friday, then it maintains its weekly up move, if not then it is curtains again for the nifty. As i write this the US markets are up, but do not think that this is good for us, we will continue to feel the pressure on the downward side till we cross 4848 this week. I frankly do not see any reason why we should be closing above that level now in this week. I shall be waiting to sell short at the first possible entry point. Bulls beware. happy trading .
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sinn fien Neeraj B To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. MY BLOG: To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. Last edited by joesb213; 1st April 2008 at 01:03 AM. |
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4848 was taken out
Date 04/05/08 time 11.44 pm,
Hi All, i myself am thoroughly amused that even after the markets opened the way they did on that day when US closed 400 points up our nifty was not able to hold on to the 4848 level. Such truly for u all is the power of systems. I be very frank i could not sell a thing that day. The reason is not becuase i was taken aback, but the first signal, that day. came at 3 on hourly charts and by that time it had come down substantially and the risk rewards werent matching at all. Any ways this will be the first weekly signal that we r getting after the market tanked in january. It is vital to see what happens of this signal. The target that needs to be achieved is 4270-4289, in the next four weeks. or else we will see it go up on day charts first thing on monday and then we have a clue that this signal is failing. If it does not fail on monday, count on me, however unlikely it seems it will reach there (4270-4289). If one wants to know more my trading signals write in to me at To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. or add my yahoo id : phoenix_diary And send me a message which reads" yaho yahoo". I will know u r from this site
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sinn fien Neeraj B To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. MY BLOG: To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. Last edited by joesb213; 6th April 2008 at 12:53 AM. |
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We r lagging behind
Date 04/07/08 time 1.56 am
Hi All, i was just going through all the charts of the major indices the world over. What i see is not very encouraging at all. The world markets have been in a bounce back mode for the last three weeks, and in some markets for the last two weeks, and yet we here in india, are grossly laggin behind. This may prompt some of u out there to think that this means that we will do some catching u with the world markets. No, my dear folks..... No, what will happen is that even if the other markets around the wolrd go down from here, we will outrun them on the down side. When we say underperform we mean that it is a laggard and hence will be the favorite whipping boy of the world players. So beware!!!!! If one wants to know more about my trading signals write in to me at To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. or add my yahoo id : phoenix_diary And send me a message which reads" yaho yahoo". I will know u r from this site
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sinn fien Neeraj B To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. MY BLOG: To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. |
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We have survived for now
Date 04/07/08 time 7.45 pm
Hi All, The rally today must have helped quite a few chartist heave a sigh of relief, the dark clouds have not burst yet. But they remain. The weekly selling signal of friday has been negated and so has the daily signal on the nifty been negated. This is the second time in the course of the last 9 trading days that selling signals have been neagted. Yet as it closed today it failed to go over the crucial level of 4771 on closing. nifty futures closed at 4764, marginally above the avg of the day and much below the highs of the day. Trading today was difficult, it was difficult to catch the moves as stocks kept going one way up, symtomatic of a bear rally. We survived the day today only because of the fact that the world markets were positive, i still reiterate that the day the world markets sneeze we have had it. Till such time happy wishful thinking. By the way, by software is totally ready and now i can post signals with precise accuracy. I will be testing the same here for ten trades from tomorrow onwards. Pls see how they perform. If one wants to know more about my trading signals write in to me at To view links or images in this forum your post count must be 2 or greater. You currently have 0 posts. or add my yahoo id : phoenix_diary And send me a message which reads" yaho yahoo". I will know u r from this site
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sinn fien Neeraj B To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. MY BLOG: To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts. |
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We Are Finally Ehading Down
Date 04/11/08 time 6.09 pm
Hi All, i write becasue it seems certain now that we will be falling behind the world markets as monday is a holiday for us. We r in for a rude shock. I tell u i am myself feeling very bad aboutwriting this as the stock markets can sometimes make u eat humble pie. Yet i want to go on record before it happens. We r headed south. I am short in these markets as of the closing today. Well time shall tell ..........and i am waiting with my fingers crossed. No No i am not worried about my positions at all i am more worried about the blood bath that is going to be witnessed from tuesday onwards.
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God, honestly i could not believe it as it happened
Date 04/15/08 time 7.55 pm
Hi All, Today i eat humble pie, its another story i got out with profits but then i truly and squarely dont deserve it. The way the markets clawed their way back into the ring from the bull side was tremendous to use a very mild word. From the word go it was bulls all the way. It has certainly got out of the woods and the bears must be wondering what went wrong. At least i am ? lol. introspection is a luxury given to those on the sidelines and today i wasnt on the sidelines i was very much in. By 11.00 am it was clear to me that bears r out of the race. The closing on ftse has been good even there we ahve a signal the crucial level there is 5917 which if broken tomorrow on the downside would bring back the bears with vengeance. As i write this i do not know the levels for dow and nasdaq as i went out after market hours trying to find some spot to hide and do some soul searching, but now that i am back. I will find out the levels and see if dow and nasdaq also cross those levels. Shorting can only happen now tomorrow if this rally fails, and that too at the days closing only. Till then i sit by the sidelines and see whether i can get in on hurly charts in any of the 17 stocks that i plot. Apart from bharti and sail none other seem like giving me a chance to enter. And then these two have been laggards , dont know with what convictin i will enter them even if they were to give me a signal.
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