Enygma,
Been following your posts.. very interesting and at times such simple observations and corelations that make me wonder..damn..how come i never put 2 and 2 together / figure this one out... inexperience on my side and lots of the opposite on your side i guess... but then again.. maybe you're smarter at this than a whole lot of us put together ... thanks anyways for the posts ..both you and Savant ... comes as a nice booster when the mind is 'all at sea'
regards
amit
Been following your posts.. very interesting and at times such simple observations and corelations that make me wonder..damn..how come i never put 2 and 2 together / figure this one out... inexperience on my side and lots of the opposite on your side i guess... but then again.. maybe you're smarter at this than a whole lot of us put together ... thanks anyways for the posts ..both you and Savant ... comes as a nice booster when the mind is 'all at sea'
regards
amit
Amit,
Trade the price as you see it. The news was already out today since Dow futures were down etc. As i mentioned before as well, we are yet to see any kind of panic in our markets despite China going down more than 6% today. Even if we are not making a dash, we are not in a downtrend - Smart Money pushed NF above 4700 on Friday late afternoon with quite a bit of volume. They will do that again at the next possible opportunity once the weak hands have been shaken off.
Just my 5 paisa on this ...
Regards,
Enygma.
Trade the price as you see it. The news was already out today since Dow futures were down etc. As i mentioned before as well, we are yet to see any kind of panic in our markets despite China going down more than 6% today. Even if we are not making a dash, we are not in a downtrend - Smart Money pushed NF above 4700 on Friday late afternoon with quite a bit of volume. They will do that again at the next possible opportunity once the weak hands have been shaken off.
Just my 5 paisa on this ...
Regards,
Enygma.