Nifty Futures Trading Part 2 (Positional)

[Czar]

man this writers are drinking money with sideways market & fear all around

 

[dumdum20008]

dream run for option writers ..no wonder we saw so much of an o i in options

Alex,

Jan 08 -> painic ( nightmare for put writers) after 9 months
Oct 08 -> painc ( ''' '' '' ) and after 9 months
May 09 -> painc ( '' '' '' ) in the making.

 

[learn2trade08]

plz no....
lord do we need to wait till may....where are they writing those options in maternity hospitals...

Alex,

Jan 08 -> painic ( nightmare for put writers) after 9 months
Oct 08 -> painc ( ''' '' '' ) and after 9 months
May 09 -> painc ( '' '' '' ) in the making.

 

[Czar]

Usually the cat & dog stocks fly around in the last leg of a run up.... lets see where it leads, since this recent flurry of chindi stocks is on since few days. but young bears should not get trigger happy before any crack of crutial levels...

As noted, remember this is the best signal for an incoming fall.... it usually lures the retail public into buying seeing the big moves in these stocks...

 

[MurAtt]

Usually the cat & dog stocks fly around in the last leg of a run up.... lets see where it leads, since this recent flurry of chindi stocks is on since few days. but young bears should not get trigger happy before any crack of crutial levels...

Weird - it never happens the other way round - in a falling market when every tom dick and harry stock is being beaten into territories they have never been into in the last 5 years, they just do not move back up

whereas

the inverse is obvious and seen many a times by me and all in this thread ...

 

[Czar]

Weird - it never happens the other way round - in a falling market when every tom dick and harry stock is being beaten into territories they have never been into in the last 5 years, they just do not move back up

whereas

the inverse is obvious and seen many a times by me and all in this thread ...

its a no exit just average thing, they keep averaging in peaks when big moves attract them

& reverse happens in falls... After a big fall the last leg will be lead by big index heavies only while the rest will get covered, while the retail is reeling under pressure....

 

[orderflow13]

Alex,

Jan 08 -> painic ( nightmare for put writers) after 9 months
Oct 08 -> painc ( ''' '' '' ) and after 9 months
May 09 -> painc ( '' '' '' ) in the making.

lol... to reiterate..market doesnt panic fall out of blue..those study charts who gets enough signal before it happens ..mostly the late coming writers who try to catch the far gone bus get trapped in to.. 7 days back same happened n 2800 pe sore to 94 lk oi lol..we knw what happened next ..n that was a sample

 

[MurAtt]

These charts were posted in a Mailing List on 28/Jan/2009.
Posting here for reference.

How very right - and the million dollar question is will he be right again for the upmove?

Edit : These charts are now updated. The older chart posted on 28th is below :

 

[uasish]

Sorry Dada my fault I could never leave traderji holding you responsible... I re-tract my exit... I was not hurt cause the other party thought I could speak such, but more so that you did not flatly deny him knowing me... If you remember even in the 2006 may banning debacle when things were over-heated I never stooped so low...

In fact L2T can verify (as he did) that even in conversations I used words like fish i/o words asterisked

My apologies but cant help, its a market of over-reactions now-a-days.

& sorry to saint for worrying him unnecessarily....

"... If you remember even in the 2006 may banning debacle when things were over-heated I never stooped so low... "

Yes i remember.

 

[learn2trade08]

thankfully rsi still holding on daily's and hourly retracement levels....a break of todays lows could be ...
all the best