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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4396 Posted: Thu Aug 02, 2012 6:58 pm Post subject: |
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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?!”
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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.
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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..... |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #4397 Posted: Thu Aug 02, 2012 7:05 pm Post subject: |
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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 Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4398 Posted: Thu Aug 02, 2012 7:24 pm Post subject: |
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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.... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #4399 Posted: Thu Aug 02, 2012 7:28 pm Post subject: |
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I agree RK in that there is no panic as of now |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4400 Posted: Thu Aug 02, 2012 7:30 pm Post subject: |
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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..... |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4401 Posted: Thu Aug 02, 2012 7:59 pm Post subject: |
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I think its the language barrier, the french sold, the germans bought |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #4402 Posted: Thu Aug 02, 2012 8:22 pm Post subject: |
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i fail to charm once again and end the conversation. here's the humour barrier |
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dine White Belt
Joined: 11 Jul 2009 Posts: 73
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Post: #4403 Posted: Thu Aug 02, 2012 8:41 pm Post subject: |
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apka wrote: | i fail to charm once again and end the conversation. here's the humour barrier |
LOL |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #4404 Posted: Thu Aug 02, 2012 8:46 pm Post subject: |
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5170 may just be safe |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4405 Posted: Fri Aug 03, 2012 9:06 am Post subject: |
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apka wrote: | i fail to charm once again and end the conversation. here's the humour barrier |
........ |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4406 Posted: Fri Aug 03, 2012 9:08 am Post subject: |
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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.... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #4407 Posted: Fri Aug 03, 2012 9:17 am Post subject: |
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freak trade shows open at 5100NF |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4408 Posted: Fri Aug 03, 2012 9:21 am Post subject: |
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vinay28 wrote: | freak trade shows open at 5100NF |
hmn... |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #4409 Posted: Fri Aug 03, 2012 10:00 am Post subject: |
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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 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #4410 Posted: Fri Aug 03, 2012 10:38 am Post subject: |
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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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