Some of my forecasts

[4xpipcounter]

Eagle, either I am seeing things or Nbolar really does have an avatar, and it is Casper, the friendly ghost. I just happen to run across one of his posts.

Man! The conversations we don't get into (lol).

Uh-oh, I was about shut the computer down for the day, and there you are with the reply. Got to postpone the 'good night' for another post!


That journey to Ohio from California is a brilliant analogy, Paul.

To add to it, I remember watching interview of one of the sharpest traders, Linda Raschke. She said very cooly, 'Give me any market, and a few minutes with it. I will trade it in profit.'

The lesser minds would think she's being arrogant. In fact, she was just being factual!

That 'trifecta' term of yours must find a place in the next editions of lexicons, believe me.

And, oh, Nbolar doesn't have any avatar. Ghost looklike is my friend SG's. His real foto, I presume!

 

[4xpipcounter]

Infosys

Infosys 2524 2455 2413 2329 2288 -2218

This market does not have the same certainty that Nifty and SBI has. It is drifted far enough under the weekly and daily clouds to suggest a recovery is in order. There are also a lot of extreme SD channel readings, and the monthly kijun at 2546 was ripped out like it was not even there. All of this adds up to at least a consolidative market for the time being. The WR2 at 2455 seems to be an easy target this week. If this is a freight train out of control and it spikes south to start the week, then I'll have to update the view.

MT, 2122 looks like minor support. This market has the potential to hit the top of the monthly cloud at 1742. Nothing is confirmed yet, but if the monthly cloud gets taken out, this market could slide to sub-1100 on its way to triple digits.

 

[4xpipcounter]

Reliant

Reliant 798 779 767 743 731 -712

Similar to Infosys, this market is due for a correction unless a sharp spike starts the week. The daily tenken is 794, which matches up rather nicely with the WR3 at 798.
Once the correction is over, there should be another leg heading south, The containment needs to be the monthly UP TL currently at 624. If it does not hold, things will get real ugly. We will be challenging the dip established in Oct '08 at 465. Afterward, there would be a correction, then break that would take the market to 265.

 

[4xpipcounter]

Usd/chf

I expected .7808, the weekly tenken to contain. It still could, because a close under it would still mark containment. Regardless, there are now 3 levels to watch for a reaction: WR1 at .7975, MR1 at .8040, daily falling TL at .8181.

 

[ashwani chadha]

Re: Reliant

Reliant 798 779 767 743 731 -712

Similar to Infosys, this market is due for a correction unless a sharp spike starts the week. The daily tenken is 794, which matches up rather nicely with the WR3 at 798.
Once the correction is over, there should be another leg heading south, The containment needs to be the monthly UP TL currently at 624. If it does not hold, things will get real ugly. We will be challenging the dip established in Oct '08 at 465. Afterward, there would be a correction, then break that would take the market to 265.

dear paul, if i am not wrong ,it should be( reliance )a mukesh ambani group company,richest indian

 

[EagleOne]

Re: Reliant

Oh no, Paul! Not that lower! I mean, how would then the meanest businessman of India pay his nearly $100,000 monthly electricity bill?

God only knows, I would love to see his stock going in 2 digits - even for a few minutes! And his equally idiot brother's - totally wiped out! Of course, I should be there at that time to push the short-sell plunger all the way down over their heads!

Casper (Nbolar does have it as his avatar, you were right!) told me last night that SBI's profits dipped nearly 45% below. Well, thanks to its debt defaulters, it may now get pushed from that 3 meter diving board that I mentioned in one of my posts.

Happier times are coming. Nifty is coming home to rest! :lol:

Take care

Reliant 798 779 767 743 731 -712

Similar to Infosys, this market is due for a correction unless a sharp spike starts the week. The daily tenken is 794, which matches up rather nicely with the WR3 at 798.
Once the correction is over, there should be another leg heading south, The containment needs to be the monthly UP TL currently at 624. If it does not hold, things will get real ugly. We will be challenging the dip established in Oct '08 at 465. Afterward, there would be a correction, then break that would take the market to 265.

 

[CASPER]

And, oh, Nbolar doesn't have any avatar. Ghost looklike is my friend SG's. His real foto, I presume!

Eagle, either I am seeing things or Nbolar really does have an avatar, and it is Casper, the friendly ghost.

EagleOne...,

Ghosts arent Visible to One and All ......

NB

I just happen to run across one of his posts. Man! The conversations we don't get into (lol).

.

 

[4xpipcounter]

Re: Reliant

Ashwani, thank-you! That once again shows my unfamiliarity with Indian markets. One my platform is says, "Rel Ind", so I thought it was Reliant.

dear paul, if i am not wrong ,it should be( reliance )a mukesh ambani group company,richest indian

 

[4xpipcounter]

I'm glad you are a friendly ghost, or you might come back to haunt him.
Another thing is you can't talk behind a ghost's back.

EagleOne...,

Ghosts arent Visible to One and All ......

NB





.

 

[4xpipcounter]

Re: Reliant

Eagle, I was hoping someone would have commented on that because that is not a misprint. It is not confirmed yet, so we'll see what happens.

Oh no, Paul! Not that lower! I mean, how would then the meanest businessman of India pay his nearly $100,000 monthly electricity bill?

God only knows, I would love to see his stock going in 2 digits - even for a few minutes! And his equally idiot brother's - totally wiped out! Of course, I should be there at that time to push the short-sell plunger all the way down over their heads!

Casper (Nbolar does have it as his avatar, you were right!) told me last night that SBI's profits dipped nearly 45% below. Well, thanks to its debt defaulters, it may now get pushed from that 3 meter diving board that I mentioned in one of my posts.

Happier times are coming. Nifty is coming home to rest! :lol:

Take care