Ok, if and when the markets start to rise again in a sustained manner, there will be a lot of guys shouting, "Hey look you mortals, I picked the bottom with my astrology, vaasthu, gann (or similar stuff)...kiss my foot and worship me! I'm a genius" etc. This thread is to test all those guys who proclaim to have predictive power. For other mortal beings who are less gifted in making predictions, ignore this contest, sit back, and enjoy the fun.
Post your
1) Level where the market is expected to bottom (the range should be within 50points...no saying, "nifty is expected to bottom between 1500 - 4000).
2) Expected date of bottom (it should not be in months or years, but in days or weeks).
3) Study followed and explanation of your study
4) Expected move after the bottom is formed.
Posters will be ranked according to the "closest" level of prediction price wise and time wise. The contest will end if Nifty does not make new lows for 90 consecutive days after a low.
Example of how to post:
Everyone is most welcome to post. Your method "will not" (and should not) be criticized however random it may be.
Avoid spamming.
Wishing all those who dare to accept the challenge, the best of luck.
Disclaimer: Trade based on these and going bust is imminent.
Post your
1) Level where the market is expected to bottom (the range should be within 50points...no saying, "nifty is expected to bottom between 1500 - 4000).
2) Expected date of bottom (it should not be in months or years, but in days or weeks).
3) Study followed and explanation of your study
4) Expected move after the bottom is formed.
Posters will be ranked according to the "closest" level of prediction price wise and time wise. The contest will end if Nifty does not make new lows for 90 consecutive days after a low.
Example of how to post:
1) Markets are expected to bottom between 3000-3050
2) Date : On the 3rd week of January 2009
3) Study used: Advanced GET MOB points to that level
4) It is expected to go up to 6122.52 after it bottoms
2) Date : On the 3rd week of January 2009
3) Study used: Advanced GET MOB points to that level
4) It is expected to go up to 6122.52 after it bottoms
Avoid spamming.
Wishing all those who dare to accept the challenge, the best of luck.
Disclaimer: Trade based on these and going bust is imminent.