iCharts Discussions

[Raynor]

today is a not good day for many in stk market. market got sudden jerk

because of euro.. and greek related things.. but i hope market will recover slowly..

media always wants publicity so give news on positive side or negative side freakishly..

so called pundits , in order to gain publicity again they give opinions on extreme way.. they always create panic abt markets or they flatter about markets..

but neither media(news reporters) nor pundits gave right direction or right opinion about markets. they always give exaggerated news/opinion about markets

the thing is market is always having some intrinsic value..its intrinsic value cannot be destroyed. just like buffet said " farm capacity wont go away.. production capacity wont go away..human ingenuity wont go away" humans willingness to live better way of life wont go away


hence i believe market will exist for next 1000 years and and i hope we are going to swim and play on it for next 50 years..

[veerappan]

ayyanaru nalla sonnappa....

[Raynor]

again market has proved that it has high probability to move against world market. if we bet always against world market, then we have high probaility to success in nifty

[Raynor]

a good example of popularity mongering experts who often unleashes negative news for the shake of publicity

http://www.icharts.in/forum/roubini-next-year-could-be-a-global-perfect-storm-t4506.html

[Raynor]

low oil prices so anticipating good global economy.. and good market conditions for next 1000 years

[Raynor]

suddenly i read a popular watching market website today? full of doom stay news... like " china will be triggering another crash..just before that they talked about how Greece will create a crash in the world just before that they talked how PIGS countries will trouble for the world" i read those news often but some times started believing their news..

in my opinion there are thousands of stock market professionals are there.. getting paid lakhs of rupees.. and they are managing crores of rupees in stock market.. will they go unemployed in a day..no.. they will be continuously move market in either direction

whenever rupee falls, india became a cheap manufacturing destination, and money is definitely coming to India..then again money flow will be in india.. again some of that money will someway find its way in to stock market..

when ever world market slows america will go for massive quantitative easing.. then will keep their interest rate very low.. then countries like china , japan buy those dollars and devalue their currency.. and the stock market keep on going up and down..

so market will be there for next 1000 years..

P.S.: this is an self note

[Raynor]

since my back tested results are based on price only i need not look the news or their impact on stock market. i look forward to trade based on price only

[Raynor]

Big gap..and fear that it may rise up.. Instead of booking profits partially I booked fully..big gaps and wild swings cause as to act little bit irrationally.. Booked too yearly in this historical fall..ok here after again try to follow my rules properly..

[Raynor]

number of lots nf traded per second ==1240990/(3600*25)==14

which means ==14*60==840 lots of nf is traded per minutes..

[Raynor]