The Nifty Trading Lounge

[Taurus1]

All bears are dead...... there is no such thing as the stock market going down.

There is freeee money everywhere and every dip is being viewed by buuulllllsssss as the buying opportunity of a lifetime.

The pic below is the Shanghai market, not a down day in the last 3 weeks. Also missing are the support points the market would have if direction changes suddenly.

Another look at the US, Oppenheimer's John Stoltzfus: has a target of 2,311 for 2015

Crude oil prices could drip below $40 a barrel
http://articles.economictimes.india...913_1_crude-oil-prices-oil-boom-oil-exporters

Oil's decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union.

Mcmillan thinks we are very close to a ..........

Stock-market correction imminent
http://www.marketwatch.com/story/correction-imminent-2014-12-02?siteid=yhoof2

A lot of stocks are very close to crunch point, a major move is in the pipeline.

 

[sudoku1]

While d Russian index keeps crumbling every day,

 

[Taurus1]

While d Russian index keeps crumbling every day,

sudoku1 is back, now all we need are SM and Eagle....

Just 2 weeks ago, the so called gurus proclaimed a multi year bull run.

India at the cusp of multi-year bull-run
http://articles.economictimes.india...clicals-auto-ancillary-sector-sector-rotation

After only one down day of -100 points, the multi year story has been forgotten and the gurus are now calling a short.

Sensex ends 338 points down; seen slipping 5% more in December
http://economictimes.indiatimes.com...top-stocks-to-bet-on/articleshow/45412296.cms
The big question is this.... what happens to the suckers who were actually dumb enough to listen to them the first time?

The new Sebi rules somehow forgot to ask for performance proof from wannabe gurus, but no surprise there.
Always. always evaluate competence.

 

[sudoku1]

All bears are dead...... there is no such thing as the stock market going down.

There is freeee money everywhere and every dip is being viewed by buuulllllsssss as the buying opportunity of a lifetime.

The pic below is the Shanghai market, not a down day in the last 3 weeks. Also missing are the support points the market would have if direction changes suddenly.

Another look at the US, Oppenheimer's John Stoltzfus: has a target of 2,311 for 2015

Crude oil prices could drip below $40 a barrel
http://articles.economictimes.india...913_1_crude-oil-prices-oil-boom-oil-exporters



Mcmillan thinks we are very close to a ..........

Stock-market correction imminent
http://www.marketwatch.com/story/correction-imminent-2014-12-02?siteid=yhoof2

A lot of stocks are very close to crunch point, a major move is in the pipeline.

n sudenly bear dragons emerge on Shanghai horizon....d collateral crunch taming d bulls xercise is on !!

 

[Taurus1]

Lets see.... yesterday Europe down on average 2%, Shanghai down 5.5% and Greece down 12.78% supposedly on political concerns.

Yesss, what an amazing coincidence that political concerns happened on the same day that all markets were getting slammed.

So is this the start of something big???

Oil Is a Warning of What's to Come
http://www.zerohedge.com/news/2014-12-09/oil-warning-whats-come

 

[sudoku1]

Lets see.... yesterday Europe down on average 2%, Shanghai down 5.5% and Greece down 12.78% supposedly on political concerns.

Yesss, what an amazing coincidence that political concerns happened on the same day that all markets were getting slammed.

If mkts tell traders 2 go short or long...., but not saying at which levels, you'll be amazed at the results.

 

[Taurus1]

The US kept out of the carnage for 2 days, but the Nazzy decided to join in......... down 1.73% yesterday.

A few must reads
Investors must believe in magic to buy stocks now
http://www.marketwatch.com/story/in...ic-to-buy-stocks-now-2014-12-09?siteid=yhoof2

Is China scare a precursor to 10% correction in global markets?
http://economictimes.indiatimes.com...on-in-global-markets/articleshow/45449250.cms

Hussman expects a 50% drop in stock prices
Hussman: Dismal Outlook for Stocks — Air Pocket, Free Fall or Crash
http://www.moneynews.com/StreetTalk/Hussman-Outlook-Stocks-Crash/2014/12/08/id/611861/
Just 2 weeks ago the gurus ware calling a multi week bull run......oops, typo there..... it should read multi year.

This was the fastest multi year bull run...... ever, lasted all of two weeks.

 

[Taurus1]

Oil is getting ready to enter a multi year bear market and it's gonna be fun to watch how any bull run stacks up against crashng oil prices.

Oil prices continue to get crushed with no respite in sight.

Gross Says Fed May Become ‘Dovish’ as Oil Prices Plunge
http://www.bloomberg.com/news/2014-...dity-in-corporate-bond-market.html?cmpid=yhoo

Russia Shocks With Emergency Rate Hike, Boosts Interest Rate From 10.5% To 17%

http://www.zerohedge.com/news/2014-...ergency-rate-hike-boosts-interest-rate-105-17

Ready-To-Fire Nuclear Missiles, Putin Cold War Rhetoric Must Be Addressed to Prevent World War 3
http://au.ibtimes.com/articles/5758...siles-putin-world-war-3-nato.org#.VI7gzCvF8vw

There is a Fed meet on Wednesday................... they will not hesitate to start a QE every week.

My portfolios are back in...... with a bulletproof hedge.

The low volat helped since it cost me very little, just in case there is an overnight plunge.

As of now my hedge profits = approx 2* portfolio losses

On wednesday I will remove a half hedge and send the money back to their respective bank accounts.

All portfolios to be completely shutdown by Jan 5th unless the multi year gurus come out with something new. :rofl:

 

[Taurus1]

As of now my hedge profits = approx 2* portfolio losses

On wednesday I will remove a half hedge and send the money back to their respective bank accounts.

Thanks to the -150 pt move yesterday, my hedge puts have gone a bit too deep in the money for comfort.

I have closed the hedge completely and bought fresh puts.

The Russian rate hike didn't work
Rouble hits new lows as Russian rate hike fails to support
http://economictimes.indiatimes.com...ike-fails-to-support/articleshow/45534231.cms

From the 20th, I'm back in Kowloon till Jan 4th

If the Fed does not support, I will pull out my portfolios now, since anyway I'm not going to be here.

A lot of pressure coming on the RBI to cut rates. Will they ever realise that the stock market leads the economy, not the other way around?

 

[Taurus1]

Santa party in full swing......

frreeee $$$$$$$$$$$$

day before​

yesterday​

14% in 2 days