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| Discuss 400 points rally on the cards at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; No Offence meant Sathia anticipating a move and predicting it are different things. but good ... |
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#11
11th February 2006, 10:13 PM
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Re: 400 points rally on the cards
No Offence meant Sathia
 anticipating a move and predicting it are different things. but good luck may your prophecy come true, would be wonderful for indian markets. Unless we have a painful bear market later ! 
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#12
18th February 2006, 08:14 AM
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Re: 400 points rally on the cards
Look at this chart
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#13
18th February 2006, 08:47 AM
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Re: 400 points rally on the cards
Quote:
Sathia, Interesting no doubt, but can u cite any extracts from some text in support of your interpretation I mean established TA theory, based on empirical evidence by way of any other (developed economy) bull market charts AGILENT 
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#14
18th February 2006, 01:11 PM
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Re: 400 points rally on the cards
Hi Agilent,
No theory in stock market is a holy grail. Technical analysis is not a mathematical formula. We cannot say like " 5-3 = 2 ". It is part mechanics and part physics. Glenn Neely has been bearish in gold and SP 500 and he is continously wrong for the past one year. http://homepage.mac.com/WebObjects/F...cty=US&lang=en Robert Precther is bearish for the past 10 years. I have even written a review for his book " Conquer the crash ". He suggested a great bear market in that book. He is wrong for most of the time. http://business.marc8.com/books-cust...quer_the_crash Finally, the above analysis is based on my own reading of the charts. Soon i will upload an example chart. Until then bye. Sathia Moorthy Last edited by sathiamoorthyd; 3rd April 2006 at 10:54 PM.
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#15
18th February 2006, 05:51 PM
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Re: 400 points rally on the cards
Hi Agilent,
The chart I have posted here is of UK's FTSE. I have labelled the waves after the 1987 crash which was similar to the situation that we have seen in Sensex during the may of 2004. Look after the post pattern of the crash in FTSE and SENSEX. Australia's All oridinaries,Dow Jones and Nasdaq also exhibited the same pattern. Cheers, D Sathia Moorthy
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#18
3rd March 2006, 07:26 PM
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Re: 400 points rally on the cards
It seems, Reliance could rally to test 800 region in few trading sessions. The stop loss for the view is 690.
D Sathia Moorthy http://groups.*****.com/group/Sathiamoorthy/
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#19
13th March 2006, 11:29 PM
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Re: 400 points rally on the cards
Now the stop is 720 for Reliance. Target is around 800 and above in few trading sessions.
D Sathia Moorthy www.sathiamoorthy.blogspot.com
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