The Hidden signal In The Recent Crash From 5299 To 4370

renu daga · #11 11th June 2008, 08:19 PM

does anyone want to know ..how and what showed nifty moved to big crash ,,, the simplest indiactors denoteda big correction,,,,BUT NOT IN THIS MANNER!! this no one predicted,,,,that we will ahve circuits ,, day by day....i bet

even i had asumed good correction ahead,,,,but not in this manner,,,thi si new to me in my trading life

renu

SMART_Trader · #12 11th June 2008, 09:44 PM

Quote:

Originally Posted by vsangeeth

hi everyone,
The recent correction of nifty from 5299 to 4350...Still wandering
what triggered the crash..I mean in technical terms,what signals hinted a correction...can anyone got any signals,i mean wolfe,elliot,gann...etc

I dont know what triggered the crash. But the market internals signaled the correction well in advance.I am tracking internals regularly on my blog.

Kindly go through the attached excel sheet .

Number of Shares up more than 50% per month
Gradually fallen from 105 to 24 well before the correction.Now it is nil

Number of shares up more than 25% per month
Fallen from 413 to 171 before correction. now it is 3 only.

Tracking the internals will help you to remain at the right side of the market , most of the time.

sanx · #13 11th June 2008, 10:42 PM

Smart trader , thats a plenty of research gone there . thanks for sharing .

skarpio · #14 12th June 2008, 12:14 AM

Quote:

Originally Posted by SMART_Trader

[...]
Tracking the internals will help you to remain at the right side of the market , most of the time.

Wonderful. But I find charts more appealing and just added that to your sheet. Think it might be of use to others, so posting it. If you feel otherwise, I'll take it down.

SMART_Trader · #15 12th June 2008, 12:29 AM

Thanks Skarpio. Chart is more appealing.A picture is worth thousand words.

See how the internals helped me to move into cash well before the crash in January.Data attached.
If you think it is useful you can download full one year data from my blogs sidebar.

skarpio · #16 12th June 2008, 08:19 AM

Quote:

Originally Posted by SMART_Trader

[...]
See how the internals helped me to move into cash well before the crash in January.Data attached.[...]

This thread might not be appropriate, so why not start a thread (if there isn't one already) where you might want to explain what prompted you to get into such in-depth analysis, your findings, and in general, tell us more about your trading methodology? (No, I don't want you to share every single bit of your system however much we might love it

)

Raju · #17 12th June 2008, 08:29 AM

Hi ,

Thanks Smart_Trader & skarpio for the information.Good One !

Raju

kkseal · #18 12th June 2008, 03:51 PM

So what's the hidden signal? (Not H&S for heavens sake)

sudoku1 · #19 12th June 2008, 03:56 PM

Quote:

Originally Posted by kkseal

So what's the hidden signal? (Not H&S for heavens sake)

the hidden signal was......GREED

lalpar · #20 12th June 2008, 04:35 PM

Quote:

Originally Posted by sudoku1

the hidden signal was......GREED

There are times when u cant find answer on charts....In ur trading career over a period of 1 year u will 2 or 3 such instances of people finding themselves in wrong direction and lossing 200 to 300 point of Nifty!!!This is part of Trading!!