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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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Post: #5776  Posted: Fri Nov 02, 2012 11:49 am Post subject: |
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| stevenmat wrote: | | ah sam ! i don't want to bleed further! |
Steven, I'm just talking about myself....and my trades...  ....I try to post whatever I feel about the market.....by the way, are you still short?...or covered already?.....its better you cover them if you cant imagine waiting for 5800 levels....i mean its wise to cover them.... |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #5777 Posted: Fri Nov 02, 2012 11:51 am Post subject: |
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Apka: All u have to do is post "NF or NS?", followed by "TF?" followed by "Answer not clear, please post again with more details" , "applicable to LT?", etc. You will head straight for Black Belt heaven to join the "Justice League of Bharat" residing there
Jai Hind, Prakash Holla |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5778 Posted: Fri Nov 02, 2012 11:51 am Post subject: |
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| apka wrote: | | psalm wrote: | | saurabhkurichh wrote: | | till now all 60 minute bars are red but not with a lower low. having said that we are close to taking out recent highs ..... |
We're just 120 or 130 points away from a new high right.....market can take that in a single session......no denying about that....but I'm betting against that event..... ...could be foolishness...but I'm ready to risk that 120 point or so.....will be buying PUTs if the market goes up further......Having said that, I expect the market to test 5775 or 5785 levels....Let's see how it goes....  |
u should consider joining a FII / DII. you dont get shaken in your positions even by swing of 100-200 points. |
Apka, its not like I'm not affected....for the last few months, whatever I earn in stocks, I lose them in my index trading....  ......My portfolio is slightly in red for the last 4 months.... ....but again, overall the situation is under control...that's why I have the courage to hold for 100 or 150 points... |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5779 Posted: Fri Nov 02, 2012 11:55 am Post subject: |
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| rk_a2003 wrote: | | apka wrote: | | psalm wrote: | | saurabhkurichh wrote: | | till now all 60 minute bars are red but not with a lower low. having said that we are close to taking out recent highs ..... |
We're just 120 or 130 points away from a new high right.....market can take that in a single session......no denying about that....but I'm betting against that event..... ...could be foolishness...but I'm ready to risk that 120 point or so.....will be buying PUTs if the market goes up further......Having said that, I expect the market to test 5775 or 5785 levels....Let's see how it goes.... |
u should consider joining a FII / DII. you dont get shaken in your positions even by swing of 100-200 points. |
But the difference is they make swings. |
They're creating the waves which are sweeping all of us away.... |
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stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
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| Post: #5780 Posted: Fri Nov 02, 2012 12:09 pm Post subject: |
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| psalm wrote: | | stevenmat wrote: | | ah sam ! i don't want to bleed further! |
Steven, I'm just talking about myself....and my trades... ....I try to post whatever I feel about the market.....by the way, are you still short?...or covered already?.....its better you cover them if you cant imagine waiting for 5800 levels....i mean its wise to cover them.... |
na.. i'll hold... i'll wait till the greek bail out deal (nov 12)..lets see |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #5781 Posted: Fri Nov 02, 2012 12:12 pm Post subject: |
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| hehe ellow ellow dirty ellow! |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #5782 Posted: Fri Nov 02, 2012 12:42 pm Post subject: |
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its a bright taxi colour, give me cool cab instead 
whereever nifty goes, it just cements itself. barely moves 4-5 points and then new movement comes. |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #5783 Posted: Fri Nov 02, 2012 12:48 pm Post subject: |
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| my inner mathmetician saying 5630 broke and we went about 47 points down, so shall we rise 47 points if 5730 breaks. |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #5784 Posted: Fri Nov 02, 2012 12:58 pm Post subject: |
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| By the way how one gets these colour belts? |
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stevenmat
White Belt
Joined: 27 Dec 2011
Posts: 478
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| Post: #5785 Posted: Fri Nov 02, 2012 1:03 pm Post subject: |
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| number of posts taxmann |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #5786 Posted: Fri Nov 02, 2012 3:13 pm Post subject: |
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40 points NF premium,  |
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saurabhkurichh
White Belt
Joined: 30 Oct 2006
Posts: 127
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| Post: #5787 Posted: Fri Nov 02, 2012 3:15 pm Post subject: |
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no change in bullish stance .. data in US could be tricky... if 2maro gap up then would be ideal to short... else lets see
Last edited by saurabhkurichh on Fri Nov 02, 2012 3:18 pm; edited 1 time in total |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5788 Posted: Fri Nov 02, 2012 3:16 pm Post subject: |
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| taxmann50 wrote: | | 40 points NF premium, |
You can interpret it in two ways, Taxmann...for an optimist, it means extreme bullishness....for a pessimist, it means a trap.... don't ask me which group I belong....... |
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SP50
Brown Belt
Joined: 26 Nov 2010
Posts: 1615
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| Post: #5789 Posted: Fri Nov 02, 2012 3:19 pm Post subject: |
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| psalm wrote: | | taxmann50 wrote: | | 40 points NF premium, |
You can interpret it in two ways, Taxmann...for an optimist, it means extreme bullishness....for a pessimist, it means a trap.... don't ask me which group I belong....... |
true,
Well I am still holding on to my shorts, will book a huge loss I guess but I think covering the shorts now will be regrettable, |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5790 Posted: Fri Nov 02, 2012 3:24 pm Post subject: |
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| taxmann50 wrote: | | psalm wrote: | | taxmann50 wrote: | | 40 points NF premium, |
You can interpret it in two ways, Taxmann...for an optimist, it means extreme bullishness....for a pessimist, it means a trap.... don't ask me which group I belong....... |
true,
Well I am still holding on to my shorts, will book a huge loss I guess but I think covering the shorts now will be regrettable, |
Yup..that's what I feel....we're pretty close to the turning point I feel....it could swing either way though...anyway, I have exited all my LONGS (stocks) and bought a few PUTs while holding my earlier Nifty SHORTs...will be adding again on monday....let's see... |
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