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08/22/2011 05:19:59 AM · #1 |
August 19, 2011. Sensex closed at 16141. This day will be remembered in the history of Indian Stock Market for years to come. On 6th March 2009, sensex had closed at 8325. You join these two points, and what you get is a line with positive slope, which will act as MAJOR UPTREND LINE.
What it means that you are going to see the Sensex remaining above this uptrendline for several years to come!
If you have missed March 2009, dont miss August 2011!
Descretion advised.
Edit:
I have been proved wrong.
August 26, 2011. Sensex closed at 15848.
Now, This day will be remembered in the history of Indian Stock Market for years to come.
Message edited by author 2011-08-30 08:22:48. |
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08/22/2011 10:09:17 AM · #2 |
| And this has to do with DPC how? |
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08/22/2011 11:59:59 AM · #3 |
Originally posted by MattO:
And this has to do with DPC how? |
He posts this type of stuff once in a while, but he is a real person... I think.
I get a kick out of people who play the stock market based on trends and all sorts of graphical indicators and such voodoo. It's good for herd mentality, I guess.
:-D
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08/22/2011 12:52:49 PM · #4 |
Originally posted by Strikeslip:
I get a kick out of people who play the stock market based on trends and all sorts of graphical indicators and such voodoo. It's good for herd mentality, I guess.
:-D |
LOL, "voodoo" is exactly the right term. They couch their "stats" in all sorts of technical mumbo-jumbo, but in the end, it's mostly arbitrary. The claims of statistical indicators that will enable one to beat the market indicators reliably are akin to claims of perpetual motion machines.
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08/22/2011 01:02:19 PM · #5 |
| Funny how the guru's only know what will happen in the past and have a worse record for the future then a monkey throwing a dart. Fortune telling is much easier in the past I guess :-) |
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08/22/2011 01:07:10 PM · #6 |
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08/22/2011 03:41:46 PM · #7 |
Just a few more adjustments and ALL YOUR STOCKS ARE BELONG TO ME!
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08/23/2011 01:47:37 AM · #8 |
Thanks for all your comments. I am a serious photographer, and an occasional author (venturing into diverse fields like stock-market, worries, lovemaking etc.)
I know, it has nothing to do with DPC, but so has so many of your other threads, like gay marriages... and so on.
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09/02/2011 02:59:33 AM · #9 |
Originally posted by Strikeslip:
I get a kick out of people who play the stock market based on trends and all sorts of graphical indicators and such voodoo. It's good for herd mentality, I guess.
:-D |
If you do not play the stock market based on trends and charts, then how do you play? How do you get an idea that the market is selling at a premium or at a discount?
In the stock market jungle, charts serve as a roadmap, howsoever hazy it may be. |
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09/02/2011 03:03:19 AM · #10 |
Originally posted by robs:
Funny how the guru's only know what will happen in the past and have a worse record for the future then a monkey throwing a dart. Fortune telling is much easier in the past I guess :-) |
Prediction/Forecasting about certain parameters is not the same as fortune telling. Don't you forecast as to how many guests will join in your marriage party? Don't you make your arrangements accordingly?
And doesnot all this go haywire?
Does this mean that you won't forecast the next time?
LOL. |
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09/02/2011 05:43:42 AM · #11 |
Originally posted by kbhatia1967:
Edit:
I have been proved wrong.
August 26, 2011. Sensex closed at 15848.
Now, This day will be remembered in the history of Indian Stock Market for years to come. |
Don't give up the day job. lol! |
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09/02/2011 06:42:10 AM · #12 |
Originally posted by JH:
Originally posted by kbhatia1967:
Edit:
I have been proved wrong.
August 26, 2011. Sensex closed at 15848.
Now, This day will be remembered in the history of Indian Stock Market for years to come. |
Don't give up the day job. lol! |
For Sure! Thanks. |
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10/28/2011 07:39:28 AM · #13 |
| Yes! My prediction has been correct till date. |
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10/28/2011 09:15:18 AM · #14 |
Originally posted by kbhatia1967:
Yes! My prediction has been correct till date. |
Of course, now you've tempted fate. Be prepared for Oct 29th 2011 to go down in Indian stock market history for years to come. |
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10/31/2011 03:28:35 AM · #15 |
| Thanks for the advice. In fact, everyone in the stock market needs to be prepared for the worst! |
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11/21/2011 07:03:32 AM · #16 |
Nov 21, 2011. Sensex closed at 15946. I'm afraid I may again be proved wrong!
However, this weekend will tell... |
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11/21/2011 07:32:36 AM · #17 |
Originally posted by MattO:
And this has to do with DPC how? |
You always make pictures or images about everything. Sound like a good weekly challenge.
//www.timescontent.com/tss/showcase/related/photos/c1/Sensex/exact/1/r/Sensex.html
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