Tuesday, December 9, 2008

Quality time spent on a Holiday..Learning..Keep learning..!!!

IDD MUBARAK

Some interesting readings to guide us into the coming weeks:-
1.Monitoring CBOE volatality index: Short above 76.5 in the next few days or exit longs when it hits 55 around 22nd Dec and initiate shorts..(Monitor it on a daily basis)
2. I liked this small write up on traders obsession to predictions.
3.When you put so much trust and blind belief into another's judgement and not rely on your own study and observations, you create a GURU who is often fallible.Bottomline is be flexible and open to changes and receptive to different views.
4.I can never get tired of talking about divergences and how they make tons of money for you provided you are very patient during its development and act at just the right time.
5.And good news for shorters/Bears, the king of Bears comments must be comforting..In his own words - "Once this uptrend is complete before the vacation starts.....And the next time bomb is ticking in the Europe & U.K.
6.Here is one Profitable strategy on picking stocks as per their price behaviour v/s their positioning from their 50 day simple moving average(50 DSMA).
7.And if you still have still some more time left, why not brush up on those "ABC" of Technical Analysis from this Learning Centre.
8.Get a overview of the Experts on current market action.
9.What Elliot wave International has to say about the markets ahead(Posted on 5thDec.08)

4 comments:

rajiv malik said...

really great holiday ideas.......wealth of information virtually at one's fingertips.....thanks a ton....
rajivhtc@gmail.com

Sunil Saranjame said...

Thanks for those links Ilango, interesting read.

ss :)

Dinesh Rishi said...

Sir,

Very Good Blog

Thanks from Depth of My Heart

With regards

Dinesh Rishi

Tryin2Trade said...

Illango Hi,

Brilliant links..well I did spend the holiday wisely...reading!!! Keep em coming!

Hope all's well with you.

Regards

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