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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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   Posted: 02/Oct/2007 at 1:29pm |
 ....Ooops!!!
Hey....they are at Mungeri's house. You had mentioned the address sometime ago...
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Life can only be understood backwards—but it must be lived forwards
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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Posted: 02/Oct/2007 at 1:36pm |
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Interesting strategy. We get to learn new things everyday at TED!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 02/Oct/2007 at 2:05pm |
Originally posted by kulman
SambhadhLal: "Now....do 1.98 (GBP-USD) times 3,026."
MungeriLal: "5,990"
SambhadhLal: "There you go my friend......Nifty will be in the trading range of 4,296 - 5,990 at least till Diwali of CY2008"
MungeriLal: "Hmmmm....now I realise how markets behave irrationally!"
SambhadhLal: (raising glass of beer) "Cheers !!"
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 02/Oct/2007 at 6:22pm |
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Nice one Kulman sir.
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 06/Oct/2007 at 10:09am |
The two fast friends met again over drinks on Saturday evening.....
MungeriLal: "Kyaa haal hain? How are you?"
SambhadhLal: "Markets have surprised (read: shocked) me again. All those 'big operators' are playing a game with the help of FIIs."
MungeriLal: "Bh#$%....I too suspect that those operators somehow know about my Nifty & Stock futures trades. Whatever strategic Stop-Losses I keep in the system, the market seems to trigger it & then move in the opposite direction."
SambhadhLal: "Sab saala game chal raha hain!"
MungeriLal: "Is that the reason you started studying Kinesics?"
SambhadhLal: "Yes, with the earnings season about to kick-off & RBI's policy statement this month I would be banking on it."
MungeriLal: "Yeah...you have spent lot of time reading about it. But how Kinesics would help you?"
SambhadhLal: "Look Mungeri....there is nothing like macro, micro, company's fundamentals. What ultimately matters is Kinesics. See, I'm going to apply it to determine my trades by studying the body language of company's top management officials as well as of FM, Dr. Reddy, Rakesh Mohan whenever they appear on CNBC."
MungeriLal: "Cheers!"
Note: Kinesics is the interpretation of body language such as facial expressions and gestures— or, more formally, non-verbal behaviour related to movement, either of any part of the body or the body as a whole.
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 08/Oct/2007 at 2:07pm |
Received a telephone call few minutes ago from a VikalpLaal who says that abnormal movement in S&P500 Options Spread in USA is signaling some trouble ahead.
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 09/Oct/2007 at 4:23pm |
Insider news© from Mungerilal®'s circle:
From a dealing room........
MungeriLal: "Oye yaar, kuchh jalne ke baas aa rahi hain! Kahin Short Circuit ki aag toh nahin?"
MussaddiLal: "Udhar woh ChhoteLaals ki toli baithi hain unke peeche khade ho ke dekh. Shaayad udhar se aa rahi hogi."
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 15/Oct/2007 at 3:08pm |
From what I am hearing, the positional traders have turned into “Day Traders”, as they missed taking positions to begin with at the start of the rally. Now they are reluctant to take positions, hence thay have no other option, other than becoming "day-traders".
Ideal, no system, and NO DECIPLINE! Their Results are also perfectly predictable.
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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