Monthly Archives: February 2009

Gold : 12 reason to short gold

By | February 24, 2009 3:30 pm

If you’re a self-professed “Goldbug,” feel free to read no further.Or at least spare me your hate mail. Because no matter what I saytoday, I know you’ll cry foul… or something much more colorful. But for those of you with an open mind – especially after my lastthree contrarian predictions proved dead accurate, read on.… Read More »

Weekly NIfty Levels and Stock Trading Ideas

By | February 23, 2009 2:54 pm

HI All First of all i would thanks AR for Slum dog Millionaire Fame and the first India to win 2 oscars Now on markets Nifty is week Below 2660 as shown in charts below and in this exipry week i see nifty in the range from 2720-2860.All asin and Europe are in green on… Read More »

By | February 23, 2009 8:02 am

The Dow’s long tail and strong volume Friday indicate buying support. Expect a test of the new resistance level at 7500. Respect would confirm the bear trend, while penetration of 7500 would warn of a possible bear trap.

NIfty Weekly Technical View Feb 24-27

By | February 23, 2009 7:22 am

Click on the Image to Enlarge 2720 was held on closing basis Now expiry should happen in the range 2750-2860. Dow has also shown a Good Buying on Volumes which can see back to 7500 Levels

2 year chart of the Euro/Dollar

By | February 17, 2009 5:56 pm

A 2 year chart of the Euro/Dollar is shown on Right Side. Notice how it deteriorated since last August. This morning, it was falling and is now $3 away from its recent low. A break below the $123.27 low would be have a very bad prognosis for Europe, its banking system, and its economy.

GOLD – THE SHINE GETS BRIGHTER

By | February 17, 2009 1:07 pm

The markets are down, which is not so good. Oil prices are down which is good. The rupee vis-s-vis the US dollar is better which is also good. Inflation is down, which is excellent. Economic growth is down, which cannot be helped. But gold is scaling new highs everyday, now that is a real shocker!… Read More »