Wednesday, September 2, 2009

Time for natural gas turnaround

Big spurt may be coming in natural gas....when will try to make a guess here ....Sept 3or sept 8 ...it will rocket up...will post more in detail on this..i just checked some data is going to be released today on Gas storage ...honestly didnt know about this which is matching the short term turn date on sep3 so above 2.93 all good for natural gas ....if it shoots above that good spurt till 3.77 possible ...

Saturday, August 29, 2009

How can one not be very cautious

JAPAN BULL OR MAJOR COLLAPSE


Since Marc Faber has mentioned that Japan has made a major secular low...lets have a look at it... the Picture speaks for itself

THE GREAT STOCK MARKET TAMASHA


Over the last five months if any one wanted to short ....he would been really bruised...and any bearish person must be wondering what the hell is going on ...things are not getting better and they are worse but why is the whole world buying and living on hope.

The answer is the surpising lqiuidity ....which created the bubble of oil which created bubble in real estate...they know there are lots of people who are the biggest suckers who trade on price or say invest when mkt is going up.

The great power of leverage has come back and all so called dumb analyst giving buy forecast like the world is alright now...but honestly it isnt ...and the time bomb is still ticking this was jsut a trailer i think.when it will blow is very tough to tell.

There is an old saying : " while playing poker if cant spot the sucker on the table then your the one"

So there is no choice but to wait ...coz we could be makign history here ....but every event needs a trigger like the satyam fraud ....people who knew me somethign is coming out with our turn dates but didnt know what was it...

Some senior person told me that historical bottoms are made when there is a huge volume ssell off....or till people say i hate stocks and dont talk about them for more than a year

THis market has nothign to do with fundmanetals....it is the cheap money which is driving the markets and when the plug is pulled u will see the worst falll since we are connected more today than anytie in the past ....news flows faster than our thoughts....so there coudl eb tremendous price action in shorter time ...

Thursday, July 30, 2009

IS THE WHOLE GREEN AGAIN

So everyone is partying eh...new bull market is on and what not ...dont listen to bad news jump for the good news ...everyone will be rich is the mantra as long term story intact...it is too much green isnt it ...all markets going to the moon is the avg joe saying ...it could be as there is so much liquidity into the system.

But somethign not right happening in the currencies .If dollor tanks everyone knows how gold will go to the moon theory.But how can everyone become rich? is the market a genie to be kind to grant u free money.Brokers will tell you 1000 reason to buy.

But the fact remains...US UK japan record level debts/ who is paying for all this ?

Any coming to technical setup ...$ is the bearish ...but i think it is bullish(till 78 or 74 in the USD index breaks) But i think it wont and but 2011 it could rocket to 100+ say 106 .now if that happens what will happen to asia and commodities ...

SOme patterns are emerging and it shows mkts like Nikkie are still making lower lows ...and there is activity in yen too...so are all european mkts ....

Our own index too ...may be we are in a bull market who knows liquidity can do strange things but what if this is the worst bear mkt like 1929... where the index lost 90% fromt he top

Sensex 90% from the top(which is possible with 2010 cycle 2012 being an imporant period ) ...i dont know people cant imagine that i think ...but for all this need some triggers to play out ....everyone loves china ....or say chinindia ....too bullish i think.

I think there is every chance that it go go either way sensex going to moon say 1lkh with EWI predicting that ...but cant rule out the other scenario ...things plunging 90%
Even if someone gets in at 21k he would make 5 times right in 10 years ...still pretty good returns ....but this is really publicized target...Need to think contra way also

Till then lets see what are the trigger which really move things ...like in march quant easing led to a massive rally across the board

Adios

Wednesday, July 1, 2009

Sunday, April 26, 2009

Why This is worse than the GREAT DEPRESSION

So many people consider this as the great bull run and i saw the EW prediction of 15 year super bull run(which i seriously doubt ).What are we talking about here ...will growth be so great? but interesting call though by EWI .But anyway cant rule it out coz anything can happen...we have seen Nikkie or the dow (from 1987 to 2000)...

But there can be another scenario building up which is that the great depression 2 which would be much worse than version 1.0. Debt will have to be returned.Economies may collapse which has just begun.the next 4 years are going to be very interesting coz there is a convergence of many time cycles around 2010 to 2012... Btw in this period Gold can explode to new highs ...lets see that is is what history says ...in this period it could go up 2x 3x times from current levels

I will try to post some articles...to be continued



World Bank: Economic crisis turning into calamity



http://finance.yahoo.com/news/World-Bank-Economic-crisis-apf-15036373.html?sec=topStories&pos=6&asset=&ccode=

I think there are two places where SNP can bottom out 600 or worst case 450 region if that happens u can imagine what will happen to our index or say any index.