Thursday, January 29, 2009

PROFIT TAKING

Our TODAYS before market call in paid service of ...SHORT NF AT OPEN & BUY PUTS, rocked today with some great profits....(profits also booked in all longs in stocks etc )..this was in sequence of my observation yesterday & today too that we are reaching the top of the band to watch 2880 closely today..(markets never crossed 2880)..This is pure technicals which consistantly deliver results rather than some mumbo jumbo observations, with dual predictions,which generally fails & means nothing for serious traders..(YOU NEED HORSES FOR COURSES..)..anyhow coming back to the markets, the settlment is over, markets will try to see and find a range with a mean of 2800 now..lets see how next series unfolds in the next few days..cheers..

SURPRISE RALLY

Despite of huge Bearish calls last week, from techno & astro specialist..markets did the exact opposite and slowly crept up and is now approaching the higher end of this range..I sometime seriously wonder if these experts PUT THEIR MONEY WHERE THERE BELIEF/MIND/MOUTH IS ..and if they do then they should have gone bankrupt long back..will request all visitors to my blog to take all FREE ADVISE (including mine) with a real pinch of salt,evaluate and trade with strict SL..so as not to loose their hard earned monies..just drop ppl. who are consistantly going wrong..irrespective to what reasons they give later..they just epitome the noise of the stock markets..Watch 2880 area carefully..cheers