Priyanvada's chit chat home ...

[priyanvada]

yah. it would be nice. but, after all money has little role in our enjoyments. most of the things which I enjoy ( sun rise, morning breeze, the smile of a child or the beauty of a plant) are free, and for the others ( like music, travel etc.,) I need not pay so much of a high price. So, ........

... Prasadammmm! ... this is where The White horse stucks ... Why do you are thinking so much self centered with that money ... syat you forgot one important thing ...

Prasadam You are The Smart Money!!

... and you know well ...

When price reaches its peak Smart Money Distributes!!

 

[prasadam]

Good.

but, why reinvent the wheel? why not develop new applications from the known facts?

as sanam mian would have asked why are you wearing saree or trousers woven from cotton or silk? why not made out of bark or some other new material?

why use candle stick charts? why not develop some thing like point & figure Chart or three line chart or J ( not java) chart?

 

[prasadam]

... Prasadammmm! ... this is where The White horse stucks ... Why do you are thinking so much self centered with that money ... syat you forgot one important thing ...


... and you know well ...

No MadaM

I beg to differ on both counts. I really hate the concept of smart money & dumb money. every body is equal.

and regarding distribution, I am damn against it. I prefer helping some body to earn a decent living but cannot treat them as beggars by donating money.

 

[priyanvada]

GMRInfra: -

I trust you and you prediction ...but I would have waited for one-two more days before going long ...

 

[prasadam]

how about this one, for a possible short, tomorrow or the day after?

 

[priyanvada]

I beg to differ on both counts. I really hate the concept of smart money & dumb money. every body is equal.

... yeaaaa this is subjective! ... you hate that I love that ... You syat hate it because you it questions equality of Human beings &/or their capacities to make right decisions with right knowledge ... And I love it because it proves diversity of human mind ... it proves diversity of human understanding, opinion & actions on given specific situation ... Had I not known that theory, few questions still would have remained a mystery to me ...


1. If a stock has crashed like a rock , then which group human personality is still keeping faith in it & buying that stock at given fallen price ... Why this group is purchacing a fallen stock? ... Although initially looking foolish initially , over period of time they are proved WISE (Smart?!)

2.A stock is rising in price, then why some group of human minds selling the stock at uniform rate ... why they are NOT jumping in at once and selling it at one shot??? ... or why they are not just holding whateve they have and make life difficult for buyers ... until they get a Big Big gap up price for there stock??? ...

Simply when a stock is rising ... who is selling & what motives/makes him sell the stock at given rising price???

If VSA tells as if everything is manipulated with purpose all the time ... it is hard to believe ... But if you have REAL BIG SUM which can MOVE MARKET then it is really challenge not to lose and make money Smartly ...

please tell me your understaning for above questions ...

and regarding distribution, I am damn against it. I prefer helping some body to earn a decent living but cannot treat them as beggars by donating money.

... Well Well Well ... this proves again you are a smart money!!!

You are not a dumb money to just Donate it and forget it!

...Instead , you prefer helping some body to earn a decent living ... This shows how smart you are while distribution also! ... Man you are creating more Smart Money using your Smart-distribution rather than just Let Decay your capital by donating it!

but cannot treat them as beggars by donating money.

..... This shows Great trait inside you which treats all Humans equal!! ... This is really really rare trait ... So I salute you ... I would be very pleased make a puja of you for this trait!! ( & steal the prasadam aftter the puja is over!)...

 

[prasadam]

I don't know whether you are pulling my legs or what. But,


isavasyam idam sarvam, yat kinca jagatyam jagat
tena tyaktena bhunjitha,ma grdhah kasya svid dhanam

 

[priyanvada]

how about this one, for a possible short, tomorrow or the day after?

Yessssss.....This looks really good selection for shorting ...but Ohh man stoch is just broken ... No Stoch crossover ... and in addition two consitent beautiful pierce of BB ... indicating strong uptrend ... I am not sure ...wait let me put the indicators here ...

... Ohhh this is great!! ... All are pointing absolute short! ... 3rd August price behaviour is making whole thing very very yummy ...

... Still it looks a breakout ... So I am confused ...tomorrow itself ... or day afer tomorrow, we would get the kill!

 

[prasadam]

The so called smart money is always not smart and dumb money is not always dumb.

recent ex. satyam.

the so called smart money acquired satyam shares @ 160/- and then averaged it @ 40ish and bid for the company @ 48/-
where as the so called dumb money ( which consists of small traders and investors) acquired the shares between 15Rs.-60Rs. and most probably booked atleast partial profits.

so, who is dumb and who is smart?

edit: ok. GN.

 

[priyanvada]

prasadam;359602I don't know whether you are pulling my legs or what. But,

... No no no ... I am not pulling your legs at all ... I am just clearing the mess ... The mess is differences in (still untold) definitions of Smart Money & Dumb Money in your mind and in my mind ...

syat for you

Smart money==> A group of investors/traders in the market who makes concious & purposeful moves in market to ensure profit!(Vice versa for Dumb Money)

for me

Smart money[/B]==> A group of investors/traders in the market who READs the situations and acts more promptly and correctly in the market and thus ensures the profit!(Vice versa for Dumb Money)

...Simply In the End jo jita wohi smart jo hara woh Dumb!

In MY definition syat Smart Money==> Always Smart money
and Sumb Money ==> Always Dumb money

In your definition Smart money <=(interchangebale)=> Dumb money...
I have read somewhere Market makers (SM) (a group of peoples who have Giant belongings) have lost a lot in the recent years ... than they have in the history ...

If true, I feel this is because of education of Dumb money on investing principals, money management peinciples ...

isavasyam idam sarvam, yat kinca jagatyam jagat
tena tyaktena bhunjitha,ma grdhah kasya svid dhanam


I beg for translation of above ...