Trading with PT style

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A nurse took the tired, anxious serviceman to the bedside.

"Your son is here," she said to the old man.


She had to repeat the words several times before the patient's eyes opened.


Heavily sedated because of the pain of his heart attack, he dimly saw the young uniformed


Marine standing outside the oxygen tent. He reached out his hand. The Marine wrapped his toughened fingers around the old man's limp ones, squeezing a message of love and encouragement.


The nurse brought a chair so that the Marine could sit beside the bed. All through the night the


Young Marine sat there in the poorly lighted ward, holding the old man's hand and offering him words of love and strength. Occasionally, the nurse suggested that the Marine move away and rest awhile.


He refused.


Whenever the nurse came into the ward, the Marine was oblivious of her and of the night noises of the hospital - the clanking of the oxygen tank, the laughter of the night staff members exchanging greetings, the cries and moans of the other patients.


Now and then she heard him say a few gentle words. The dying man said nothing, only held tightly to his son all through the night.


Along towards dawn, the old man died. The Marine released the now lifeless hand he had been holding and went to tell the nurse. While she did what she had to do, he waited.


Finally, she returned. She started to offer words of sympathy, but the Marine interrupted her.


"Who was that man?" he asked.


The nurse was startled, "He was your father," she answered.


"No, he wasn't," the Marine, replied. "I never saw him before in my life."


"Then why didn't you say something when I took you to him?"


"I knew right away there had been a mistake, but I also knew he needed his son, and his son just



Wasn't here. When I realized that he was too sick to tell whether or not I was his son, knowing how much he needed me, I stayed."


The next time someone needs you ... Just be there. Stay.
 
The Three Patients!!!
One morning at a doctor's surgery a patient arrives complaining of

serious back-pain. The doctor examines him and asks him" OK, what happened to your back?"

The patient replies "You know that I work for a local night club? This morning I got home to my apartment early and heard a noise in my bedroom. On entering I knew someone had been with my wife and the balcony door was open. I rushed out the balcony door and did not find anyone. As I looked down from the balcony I saw a man running out and he was dressing himself. I grabbed the fridge and threw it at him,That's how I strained my back"

The 2nd patient arrives looking as if he has been in a car wreck. The doctor said "My previous patient looked bad, but you look terrible.What the hell happened to you?"

He replied, "You know I have been unemployed for a while now ..Today was the first day at my new job. I forgot to set my alarm and was running late. I was running out of the building, getting dressed at the same time, and you won't believe it but I was hit by a fridge."

The 3rd patient arrives; he looks even worse than the other two patients do. The doctor is shocked. Again asks, "What the hell happened to youuuuuu.....?"

"Well I was sitting in a fridge & someone threw it from the 3rd floor"


Happy Weekend!!! :lol::lol:
 
Trend still strong, but Nifty lacks momentum to scale 5200

Penny Stocks On the Rise


It was another sideways session for the market. The Nifty drifted to close finally around the 5100 mark, still short of its old intermediate high. For the week though the Nifty is up about 3% which is not bad and frontline metal stocks and frontline pharmaceutical stocks put up a big show gaining 10-12% during the course of the week. For the day, Cipla and telecom stocks did well in the largecap universe but stocks like Reliance Power, Maruti and Unitech gave up some of their gains.

It was a very quiet session for the largecap names. Hardly anything happened today. In the middle of the day it looked like the Nifty was making another attempt at its old peak but did not get very close to that and then retraced during the second half of the session and gave up all its gains to close in the red, about 20 odd points down at 5,110.
 

findvikas

Well-Known Member
S&P futures ended at 1108.10 and thats quite bullish above 1105 we will see rally next week 110% sure now.I mean look bears have tried lot of times and the market goes towards supports and theres a lotta buying which comes in.

Case in point:

Nifty 5080 spurted upwards multiple times.
S&P 1090 again spurted back up.
Ftse,CAC show me any index which saw a break of any key support.

Nifty has closed this week 3% up now if thats a bearish indicator I`ll take that and say thank you.We were one of the few indexes which didn`t rally on Friday.Now next week will be Bear beating time.

If you have any doubts Ask Savant Garde Sir or look at the pivots which have turned extremely bullish.

We had much worse chart patterns in March09 and look what happened.
:rofl::rofl:
I used to think like that when I had overnight long positions and deep inside knew that the positions I hold are not 100% safe. I might be wrong in bearish outlook... and I very much cleared in my post that we are bearish below 5200 and MUST cross that mark in couple of days before bears steal the show. Why am I treated as bear? Just because I am the only one talking about correction after looking at external factors which are shouting like... bhaaaaaggooooooo bhaalluuuuuu aaya

You might just reading SPX, I have traded it couple of times in past 1 month so I know 1108 is just a number within range... below 1121 its not even ready for rally.. 1121 is 50% retracement. All major US indices have touched 50% Fibonacci level and retraced from it, DOW is operator infected while SPX give better picture.

I was very much neutral since January-April as I was waiting for a close above 3100 which broken the resistance level and on 2nd April the actual bulls came back. How can I forget my these picks..

scrip - buy - sell
ICICI @ 320 - 875
Satyam @ 18 - 116
Evinix @ 1.45 - 5
Antgraphic @ 0.25 - 0.88
SitaShree @ 5 - 15
KFA @ 25 - 45

those were not at all bear picks.. those were major bullish picks I made and closed them all just in time above 5000 mark. For now I have ample cash to do cherry picking once again later before budget.. till then I will roll over my 4700 put and make it free before 18 December for December series. I have zero positions in my folio, so I do not need to worry at all.

Except 1 MINIFTY Long @ 5090 & SL @ 5122 if Monday close below that level

With all that I can once again caution my friends and advice to ride the trend otherwise you might see yourself in this picture :)



Best of luck to all Traders.
 
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findvikas

Well-Known Member
A man goes into a pet shop to buy a parrot. The shop owner points to three identical birds and says: "The parrot to your left costs $500."

The man asks,"Why does the parrot costs so much?" The owner says,"Well, it knows how to use a computer. He can diagnose system bugs."

The customer asks about the next parrot and is told,"That one costs $1000 because it can do everything the other parrot can do plus it knows how to configure and use UNIX."

Naturally, the increasingly startled man asks about the third parrot and is told, "That one costs $2000." Needless to say, this begs the question, "What can it do?"

The owner shrugs and replies, "To be honest I've never seen it do a thing, but the other two call him Boss!"
 

findvikas

Well-Known Member
Chalo guys... Saturday night fever started... lets have some drinks & drugs and then go to bed :p...

errr wait before you think of something else... I am down with viral fever, doc gave me cough syrup and some drugs and advised to have a sound sleep :( See ya all tomorrow
 

abhiwhy

Well-Known Member
Chalo guys... Saturday night fever started... lets have some drinks & drugs and then go to bed :p...

errr wait before you think of something else... I am down with viral fever, doc gave me cough syrup and some drugs and advised to have a sound sleep :( See ya all tomorrow
drinks aur drug main market ka nasa hota to kya baat thi , ab to inka istamal nas utarne main hota hai :D
sorry to hear about ur health , take care .
i will pray to market baba to make u fit before monday puja ;)
 

aditya14

Well-Known Member
Chalo guys... Saturday night fever started... lets have some drinks & drugs and then go to bed :p...

errr wait before you think of something else... I am down with viral fever, doc gave me cough syrup and some drugs and advised to have a sound sleep :( See ya all tomorrow
Same here yaar damn cold weather.Get well soon.The thing is once this virus hits 1 person in office the whole office gets unwell due to AC and crap.
 
:rofl:
Except 1 MINIFTY Long @ 5090 & SL @ 5122 if Monday close below that level

With all that I can once again caution my friends and advice to ride the trend otherwise you might see yourself in this picture

Best of luck to all Traders.
what if mkt open at 5080 or 5050 still ur sl for long is 5122:confused::confused:

I pray for good health or you and aditya and all member of TJ family God bless us all
 
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