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psalm
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Post: #4396   PostPosted: Thu Aug 02, 2012 6:58 pm    Post subject: Reply with quote

rk_a2003 wrote:
The ECB meet is happening amidst high expectation.Meeting high expectations is a tough task.The EU markets are inching up with the same expectations and so the world markets including Indian market.What wil happen if the meet under delivers?!”

**************************************************************

Though big players know the major events in advance it cannot be applied everywhere.

EU is not a single unit. It has multiple nations with diversified interests. What is good for Germany cannot be same for UK and so on….

Due to this conflict of interests no one knew the outcome of such meetings exactly, even institutes. In fact the heads too may not have a clear idea of the outcome till negotiations are over.

In general they may have an idea about the outcome but the exact course will be known only after the meeting, that’s where the disappointments or fulfillments may occur even to institutes.


**************************************************************

Re read the above text which was posted well in advance.Now relate to the Global Markets movement. This is what I was saying.



There was nothing...no expectation at all....big players were anticipating this dud bazooka....RK....check the following link:

http://www.businessinsider.com/goldman-sachs-50-stocks-hedge-funds-short-2012-7?op=1

The institutions were just cheating everyone.....it was a trap....A BULL TRAP..... 24
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rk_a2003
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Post: #4397   PostPosted: Thu Aug 02, 2012 7:05 pm    Post subject: Reply with quote

Confirming it as a bull trap is too early Sam.

I am just talking about this downward/reversal move.

I don’t find anything related in the link.
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psalm
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Post: #4398   PostPosted: Thu Aug 02, 2012 7:24 pm    Post subject: Reply with quote

rk_a2003 wrote:
Confirming it as a bull trap is too early Sam.

I am just talking about this downward/reversal move.

I don’t find anything related in the link.


RK, the link shows hedge funds were shorting, when the markets were going up.....if it doesn't indicate anything to you...then leave it....let's wait and see how our markets behave from here onwards.....I agree with you that its too early to say anything.... Smile
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vinay28
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Post: #4399   PostPosted: Thu Aug 02, 2012 7:28 pm    Post subject: Reply with quote

I agree RK in that there is no panic as of now
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psalm
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Post: #4400   PostPosted: Thu Aug 02, 2012 7:30 pm    Post subject: Reply with quote

vinay28 wrote:
I agree RK in that there is no panic as of now


For that, technical levels have to be broken, Vinay....there is no change in that yet..... Smile
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apka
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Post: #4401   PostPosted: Thu Aug 02, 2012 7:59 pm    Post subject: Reply with quote

I think its the language barrier, the french sold, the germans bought Razz
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apka
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Post: #4402   PostPosted: Thu Aug 02, 2012 8:22 pm    Post subject: Reply with quote

i fail to charm once again and end the conversation. here's the humour barrier Laughing
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dine
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Post: #4403   PostPosted: Thu Aug 02, 2012 8:41 pm    Post subject: Reply with quote

apka wrote:
i fail to charm once again and end the conversation. here's the humour barrier Laughing


LOL 24
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vinay28
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Post: #4404   PostPosted: Thu Aug 02, 2012 8:46 pm    Post subject: Reply with quote

5170 may just be safe
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psalm
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Post: #4405   PostPosted: Fri Aug 03, 2012 9:06 am    Post subject: Reply with quote

apka wrote:
i fail to charm once again and end the conversation. here's the humour barrier Laughing



Laughing ........ 40
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psalm
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Post: #4406   PostPosted: Fri Aug 03, 2012 9:08 am    Post subject: Reply with quote

vinay28 wrote:
5170 may just be safe


5140-5110 area is the one I'm looking at....as long as that range holds, its fine.....if broken especially on a closing basis, then it could be trouble for the market, I feel.....so, let's see.... Smile
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vinay28
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Post: #4407   PostPosted: Fri Aug 03, 2012 9:17 am    Post subject: Reply with quote

freak trade shows open at 5100NF
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psalm
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Post: #4408   PostPosted: Fri Aug 03, 2012 9:21 am    Post subject: Reply with quote

vinay28 wrote:
freak trade shows open at 5100NF


hmn... Rolling Eyes
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psalm
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Post: #4409   PostPosted: Fri Aug 03, 2012 10:00 am    Post subject: Reply with quote

The low made as of now, 5174 is the immediate support for the market, below that it could test 5150-5140 range......I feel...
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rk_a2003
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Post: #4410   PostPosted: Fri Aug 03, 2012 10:38 am    Post subject: Reply with quote

vinay28 wrote:
freak trade shows open at 5100NF


In mini nifty it's 5221.25 and low as of now is 5180.40
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