Thursday, January 6, 2011

I Feel Like Newton......


...as i wait for gravity to call out to Apple ($aapl)
Monthly Chart has 5 waves up...and the daily shows the 5th wave which extends into another V waves up, which further subdivides into 5 waves up and should be soon complete.

Tuesday, January 4, 2011

Indias Fundamental Story is a Joke.......

.. or so says the BSE Sensex.
For years now, i have heard about the Indian fundamental story, pumped out by every asset manager and financial bhangar wala. While i still believe the story, sadly you will not benefit from this growth story by investing in the stock market.
Below is a 6 month chart of the BSE Sensex vs the EURUSD, and i dont think i need say any more. Internal growth or external risk??


Pretty laughable... .. risk on .. risk off... risk on ... risk off.... repeat.....
BSE Sensex= EURUSD * (steroid factor)

... go start a business or something