I had planned this writeup under the above mentioned post but since another member has posted the same under delta phenomenan under Technical analysis. Considering the importance of Karma in Indian ethos, for somebody who may be interested in Karmic philosophy but not in Technical analyis :-
http://www.traderji.com/showthread.php?p=5872#post5872
http://www.traderji.com/showthread.php?p=5872#post5872