Wednesday, April 16, 2008

Joke of the Day

Father: Everything is going up. the prices of food items;inflation figures;Interest rates;CRR by Reserve bank;the taxes I pay.i wished If only something would come down…
Son: Don't worry, father, there's something that's coming down.
Father: What's that?
Son: The marks in my report card.

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One should never believe 2 professionals in their daily life,
One is Technical Analysts for stock market predictions and other is
Weatherman for his Monsoon predictions...!!!

15 comments :

niftyxl said...

uma dear,
its just a joke,not to be taken seriously,just laugh it off...ROFL... :D

Uma said...

Hmm...ok. You better keep posting your TA, it's the most reliable I've found. If you run off, I'll be a worse trader for sure.

Uma said...

GENIUS.....Tell me how INFY looks I bought puts, 3 lots!

niftyxl said...

uma,
Infosys:
tech indicators are not much bearish,except all are bullish....

BUT..candlesticks predict a decline..it has formed a
bearish advance block

more info on bearish advance block pattern:
The Bearish Advance Block is not normally a strong reversal pattern, but it can potentially predict a price decline.
The pattern suggests that buy positions liquidate their positions, though it is not yet clear that an opportunity to short exists.
A fourth day reversal (red candle) would act as confirmation for short traders who are looking to enter the market.

Uma said...

It was just an impulsive decision I guess. I feel uneasy about the kind of exposure I have now in this counter, tho I will adhere with my SL of 1700. It can be tricky in a gap up opening scenario. I felt exactly the same about the bull liquidation part. It seemed more about money shifting to other counters than the typical bear hammering.

niftyxl said...

i dont know my intuition always go wrong,whereas my brain always predict a good trade...

from now onwards i will go wat my brain says! not by wat heart says!

kambhakt awara dil!!...LOL

Uma said...

I agree, 100%!! The brain tells us what is going on. The heart tells us what we WANT to see.
Genius, your TA has clarity and good success ratio. You should trade on it.

niftyxl said...

i do trade by wat my brain says more from wat dil says :)

u quoted one of beautiful sentences ever -

quote-
"The brain tells us what is going on. The heart tells us what we WANT to see"-unquote

how true it is :)

dimaag se kaam karo,dilse nahin :D

Uma said...

absolutely. dil jo kahe, woh kaam karo, lekin us kaam mein dimag lagao :)

niftyxl said...

yeah,true,

but sometimes,heart becomes so powerful that brain stops working(when in love..Haahaa..heehee) ;)

Uma said...

Yehi mera problem hai bhai! Failed in love and failed in trading. Lekin ummeed pe kayam hain. No worriez! Da bear will learn to think wid head. Possitively.

niftyxl said...

tats the passion spirit...young lady ;)

Uma said...

thank you, gorgeous thing ;)

Uma said...

thank you, gorgeous thing ;)

niftyxl said...

mention not,dear :)

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