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| Discuss KISS like McGrath at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Mr. Opensky , On one side you are saying bearish wolfe and on other side ... |
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#261
15th July 2007, 03:44 PM
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Re: KISS like McGrath
Mr. Opensky ,
On one side you are saying bearish wolfe and on other side positive ADX. Kindly clarify this dilema and tell the strategy what course of action one should take. take care. 
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#262
15th July 2007, 04:17 PM
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Re: KISS like McGrath
Dear wolves
Hiteshdaga has put across the arguement convincingly. Jut re read them. Market always moves against popular sentiment and bullish 'euphoria' is yet to develop.... There could be a crash or a slow drift down from point 5. How to take position. Suggestions: 1. Buy Nifty puts.. Risk- Only premium, Gain-Unlimited , Requires huge volatility/ crash to be gain full otherwise Time decay eats into gains 2. Short Nifty future... Good bet only if u are sure of direction. Have SL ready. One guy is 1000 Nifty short from 3250 levels as I read in Savantgarde's post (Imagine his loss) 3. Create delta neutral strategy .... My preference Short Nifty and buy Nifty call. Call will protect u against upmovement. and during fall short positions will bring gains... 4. Wait for down trend Regards Ajax
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#263
15th July 2007, 05:21 PM
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Re: KISS like McGrath
Why Dont U Sell Nifty Calls???
If U Have Enough Money.. Then Sell Calls At Higer Level Sell At 100 Ponits Difference... Anyway One Day This Market Has To Crash Decay .. And Crach Will Help U To Get Huge Profits
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#265
18th July 2007, 11:18 AM
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Re: KISS like McGrath
Hi Wolfes,
Is there any pattern in Mphasis Fut,yesterday was it an inside say ? Asish Even the earlier 2 days Low now broken. Last edited by uasish; 18th July 2007 at 02:28 PM.
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#267
18th July 2007, 12:47 PM
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Re: KISS like McGrath
Sell Canara Bank (as Per Ajax) Stop Loss 298 Close Target 250 Epa: 01/08/2007
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#268
18th July 2007, 01:25 PM
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Re: KISS like McGrath
Quote:
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#269
18th July 2007, 01:45 PM
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Re: KISS like McGrath
I just couldnt resist this post
 Good one Ashish! Back to silence
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