Thursday, September 17, 2009

NH-NL Shows Some Divergence....Too Early To Comment!!!

5 comments:

dpk said...

She loves me, she loves me not. Technical analysis is the work of genius a euphemism. Richard Carlson in the book,” Don’t sweat the small stuff,” says that his father used to say to him.” Richard it is not important that you don't know. What is important, you should know that you don't know”. From the yesterday article where charts were sounding an urge to short, today Dow has made Nifty to breakout candidate. Techncial analyst reminds me of another quote “between women yes or no there is no room to go”. I bet I can understand women better.

Tryin2Trade said...

Dpk Hi

One thing is very clear that you aint gung ho or very fond of Technical Analysis!

And like I told you earlier I am a trader and to trade, TA is one of my primary tools, and charts my battlegrounds...as long as I am sure and confident of my money management I guess I don't have to delve further!

What can be or what will be is anybody's guess, the point is when that happens are you ready to react or act whatever you prefer!

I know I haven't put forth solid argument in TA's defense but then arguments are meant to carry on....your turn???

Cheers!

dpk said...

Manoj you are always interesting.You know sometimes I pity tas as they could not invent a better tool.It reminds me of quote again.My only books were women/charts looks and folly all they taught me'.I would prefer not an emotional statements from a ta.Let him straight way say now chart is bullish now bearish.My apologies.I know you will taken in good spirits.

Tryin2Trade said...

dpk hi

Women..gods own creations! Lovely..dont we all love em especially THE OTHER woman is always better..wink wink!

I like ya and your resentment towards TA, but I also like ya curiosity, coz you r a regular visitor here(so it seems) a Ta blog!

Cant resist temptations????

Speaking of SPIRITS no issues I always take em in good MEASURE!!!

Cheers!

dpk said...

I wish I would have loved tas as men love for women.