Saturday, June 26, 2010

The Last Leaf, a masterpiece.

In the 1890s, many artists lived in Greenwich Village, in New York City. Sue and Johnsy were artists. The two girls met each other in the month of May, at a restaurant in Greenwich Village.
‘I’m from the State of Maine,’ Sue said to Johnsy. ‘I draw pictures for stories in magazines.’
‘I’m from California,’ Johnsy said to Sue. ‘But I want to go to Italy. I want to paint a picture of the Bay of Naples!’ The two girls talked happily for an hour – about art, about clothes, about food.
Soon after their first meeting, Sue and Johnsy moved into a studio apartment together. Their rooms were at the top of an old brick house in Greenwich Village. In December, it was very cold in New York. Snow fell and there was ice in the ground. Many people in the city became ill. The illness was called pneumonia. The doctors tried to help the sick people, but many of them died.
That month, Johnsy had pneumonia. She was very ill. She lay in her bed and she did not move. A doctor visited her every day. But Johnsy was not getting better.
One morning, the doctor spoke quietly to Sue outside Johnsy’s room. ‘I can’t help her,’ the doctor said. ‘She is very sad. She doesn’t want to live. Someone must make her happy again.

Friday, June 25, 2010

Nifty starts the series with the correction.

Arunima's Fibonacci Table Link for downloading is given in the top side-bar. It has the instructions in the relevant excel cells.

Thank you, Arunima.




Nifty Intraday Update-III



Nifty Intraday Update-II


Nifty Intraday Update-I


Nifty PreMarket View.

We have to take risks. We can only truly understand the miracle of life when we let the unexpected manifest itself.
Every day – together with the sun – God gives us a moment in which it is possible to change everything that makes us unhappy. Every day we try to pretend that we don’t realize that moment, that it doesn’t exist, that today is just the same as yesterday and will be the same as tomorrow. But if you pay attention, you can discover the magic instant.
It may be hiding at the moment when we put the key in the door in the morning, in the silence right after dinner, in the thousand and one things that all seem the same to us. This moment exists – a moment when all the strength of the stars passes through us and lets us work miracles.
Happiness is at times a blessing – but usually it’s a conquest. The magic instant helps us to change, drives us forward to seek our dreams. We shall suffer and go through quite a few difficult moments and face many a disappointment – but this is all transitory and inevitable, and eventually we shall feel proud of the marks left behind by the obstacles. In the future we will be able to look back with pride and faith.
Poor are those who are afraid of running risks. Because maybe they are never disappointed, never disillusioned, never suffer like those who have a dream to pursue. But when they look back – for we always look back – they will hear their heart saying: “What did you do with the miracles that God sowed for your days? What did you do with the talent that your Master entrusted to you? You buried it deep in a grave because you were afraid to lose it. So this is your inheritance: the certainty that you have wasted your life.”
Poor are those who hear these words. For then they will believe in miracles, but the magic instants of life will have already passed.

in “By the river Piedra I sat down and wept” by Paulo Coehlo.


Thursday, June 24, 2010

Nifty continues in its 4th with "OoT" for company..!

Below is the "Today's Premarket View" chart but "with today's price action included". It has given the "Route map" with the "Road junction" and the subsequent "likely detours".(See the two coloured arrows). It can't get clearer than this. I am only "Human"....
Only other option, the Divine one, left is "To ask Ganesha to get down and you sit on Parameshwar's lap and see the future charts"..."Phir sab kuch barabar dikhega..hain naa..!!!"

If you don't like the food served here, please do not return to waste our time as well as your purse.This reminds me of a customer I came across in one of the Hotels I was managing, he was literally licking the last bit of "Kadai Dal makhani" and was complaining to me " Mera kutha bhi isko kayaga nahin" and I peeped into the kadai and told him.."yeah..sure..there is nothing left for it to eat".
And another one wanted to impress his girlfriend and he called me over and showed the pizza on his table and said, "Is mein kuch spices nahin hain..ek dum bland hain", aur hamne bola, "OK, uskeliye aapko masala dosa ka dukhaan jana padega".
"Poda..Poi..avanavan velaye parungada..!" (Go..Mind your own business)



Nifty Intraday Update-III

At 3.26PM: If it closes @ 5320, the TT.

Nifty Intraday Update-II


Nifty Intraday Update-I

Nifty PreMarket View



Wednesday, June 23, 2010

Nifty building a base here ...

"Compare" ... you perish. Bring in competition...creativity is lost.
Just keep doing the simplest things you know but with such tremendous amount of "Confidence"...you will make a huge difference to your life as well as those around you.
Don't talk big about your system or methods....they may be very, very good but your results depend on "how you handled the market with them". There is a constant "debate' going on at almost all the time in the market place about whose system is good and most effective. Every one will swear by their's...but is it that simple?
Getting a system is a child's play..simply google it, you will get hundreds.
Can you google it and show me one system that is foolproof to make money consistently. One follower says he made it big with this and another says he lost with the same system.
"Own experience" and "true perception" of the markets over a period of time alone can prepare you for the bumpy market ride.
One critic follows her averages sincerely and told me firmly to "buy in May" when the world was selling in May.
Another critic follows the market with his simple "ruler" and draws his trendlines and makes his money continuously and they have not gone to the "hill tops" to announce their achievements. But if anyone approaches them, they share it gladly and thats it...Nothing more to it.
This market place is so huge..it has place for everyone. Share whatever you have if you are only confident about it.
My system is one of the simplest one , as old as the TA itself...I have not added anything to the TA which was there already. Nothing here is mine and its all copied from the TA experts of bygone years. I have not named any of it as "mine".
But what I do have is "an unshakeable belief in them" and "an unbeatable Confidence in me". You can too develop them by persistence, patience, perseverence with a discipline worthy of the riches that is expected from the markets.
"5345 to 5290" - decisive into tomorrow's trade.

Nifty Premarket View.

A corrective phase has started as a 4th wave: Trading, not holding, gives you money for two days in a range of (5225)5260-5275 to 5335-5350(5400). Hold partly from the lower levels.
100 to 125 points from the highs, this 4th wave may find its bottom for the next upmove.
Congratulations "Rochak Parekh" on your "Blog Journey".
Our Best wishes to you.




I may not be available during market hours today.