Tuesday, December 1, 2009

 

2-DEC

As i mention in comments i booked my positional long and waiting for right time to go short . As u all know 5-dec is GANN'S Turning Date. I have already written to exit long . Today profit booking/Fall expected . One can short on Gap-up opening with stoploss of recent high(5180) .

# posted by Amol007 @ Tuesday, December 01, 2009
Comments:
I will agree with amol view point and will do the same i.e. bearish for dec 2.
# posted by Blogger raman : December 2, 2009 at 5:06 AM
 
Dear Amolji,
Do i expect the same thing (bearishness) from commodity like precious metals.
As Dollar weeken's, thus supporting equity along with precious metals & vice versa.
# posted by Blogger raman : December 2, 2009 at 5:10 AM
 
Also Amolji, thanks for reminding us again abt 2/dec bearishness/short.
# posted by Blogger raman : December 2, 2009 at 5:15 AM
 
then does it mean the markets will take a major u turn next week.

prithvi
# posted by Blogger prithvi : December 2, 2009 at 1:48 PM
 
Dear raman and prithvi
yes metals , commo,stocks will rise and fall in tandem . I c bearishness in short-term so trade accordingly.
# posted by Blogger Amol007 : December 2, 2009 at 1:58 PM
 
thanks for ur guidance.

prithvi
# posted by Blogger prithvi : December 2, 2009 at 2:12 PM
 
dear Amolji, as per yr prediction tomm is mild bullish and friday is bearish, can i go short tomm with a strict SL.Plz give idea abt next week,so that i can plan my positional trade.
Thanks
Anuj
# posted by Blogger bizagra : December 2, 2009 at 4:35 PM
 
THANKS AMOLJI FOR GUIDANCE AND QUALITY RESPONSE.
# posted by Blogger raman : December 2, 2009 at 5:57 PM
 
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