Random thoughts on technical analysis

orderflow13

Well-Known Member
thank god tomorrow is holiday,i will be watching wall street again, thanks really,i really appreciate for refreshing old memories.... anyhow looking for break..:D ironically stuck up with friend on s&p posting the charts ..
 

orderflow13

Well-Known Member


10 year bond yield & s n p going down altogether? interesting ...one are negatively corelated ...s & p making false down move? but lower bond yield bad for crude, but now thinking about not exiting crude long, as i have gold short... lets see how far crude goes...
 

orderflow13

Well-Known Member
by the way just my friend told me there is a sequal of 'wall street' in making, and intrestingly , ( it cant be a coincidence) sequels name is " Money Never Sleeps ":eek:
 

orderflow13

Well-Known Member
Gordon Gekko. "Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through and captures the essence of the evolutionary spirit." - AND - "Lunch? Are you joking? Lunch is for wimps."
 

KomaL2099

Well-Known Member
Well one of my fav is
Gordon Gekko: Ever wonder why fund managers can't beat the S&P 500? 'Cause they're sheep, and sheep get slaughtered.
Gordon Gekko. "Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through and captures the essence of the evolutionary spirit." - AND - "Lunch? Are you joking? Lunch is for wimps."
 

orderflow13

Well-Known Member


when adx below +ve & - ve line,my " teacher"use to say,"go on holiday,make some fishing, instead of market fish you ", but still my curiosity refuse to budge in,such a perfect set up,suppose i am a bull, and i have wounuded bears,will i give 'em time to relax ? i wont, with perfect crude bearish sentiments in backdrop, i ( the bull ) will go for kill, with 4565 taking out,giving no room to bear, then i will go for kill, with showing 4640 nifty close. ... and suppose i underestimating the power of bears then ? i will check them showing negative index, 20 points in red,if bears are powerfull they will hamer the index n make it fall below 4390 levels...... but chart shows beers are not that powerful enough, and there will be close above 4600 on nifty today, i will keep my longs with stop of 4474.75, target1 4584.45: target 2 4633.45)
 
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