The stock market is the best approved place where the history is well recognized to predict the future. The technical analysts are interested to extrapolate with an extension/drawn forward to predict the future based on the past. So the stock market predictors rely on the past and believe that the past is filled with vigor to reap profits in future. To draw a conclusion on the matter I want to go to a thumb rule to read the future performance.The possibility ofa repetition to make right symmetry could be possible at Nifty.
The Nifty was at around 6357 level in first week of Jan-08 and fell from the top to touch a low of 4468 level in the middle of March-08. A fall of nearly 1890 points from the top is nearly 30% of the registered high. Then the market took some oscillation till it reaches 5298 in the first week of May with 830 points rise is exactly 50% of the fall.The Nifty again fell from 5298 level to 4392 level to wipe out all the gains made earlier but took some support at the earlier lows that could propel Nifty to bounce in 5-6 trading days to touch a high of 4680 level which is again 30% rise.
The relentless steep fall from the 4680 level to 3848 by first week of July made a knock blow. The Nifty meltdown could wipe out the dreams of Bulls as it was earlier thought as a “BULL market correction”. The fall is again 30% from the top of 5298 level to 3848 level. The Nifty took support from this disastrous level to touch a high of 4215 but fell to 3926 level formed as a double bottom. The Nifty gained some strength to touch a high of 4650 level in the middle of August-08. This rise is exactly 505 of the second fall that triggered from 5298.
The third leg of the fall from the top took when the Nifty touched a high of 4650 level to touch a bottom of 3799 but again bounced as if the support existed at 3800 level to touch a level of 4303 level in 3 days but collapsed to a bottom level at 3199 level, bounced to 3650 in 3 days and continued the fall as extended leg to touch the lowest point till date at 2252 in the last week of October. This carnage in the Indian stock markets can be collaborated to a massacre and this relentless fall from the top to bottom is correlates to 63-65 % fall.
The beauty of the recent rise from 2252 to 3147 level is finding a place as a bounce back of the fall from 4650 then there is one more steep correction……………………..
………..then the top for this possible correction be at 3147 level. If the same logic will drag the Nifty to 1940-60 level ??????????????????????
Sunday, January 18, 2009
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Beuty of women and a security?
What mathematicians unravelled after a very long research is already known to savvy stock traders. 0.7 is a fibanacci no.
When a small cap amasses 70% of revenues of their peer group, the stock traders see it bful and it is likely that one day it amasses 70% of total business of thier large group peers.
After studying the movements of women for years, finally we get scientific confirmation of what we're seeing: Researchers at Cambridge University in the U.K. have figured out exactly what makes a perfect swivel-hipped walk with "a more angular swaying and bounce to the hips." The mathematicians got out their slide rules, calculators, blow-up dolls and binoculars, scientifically determining the perfect ratio of waist to hips. Their results? The closer that ratio is to 0.7 (waist measurement is 70% of the hip measurement), the sexier the swagger. And guess who has that exact ratio? Jessica Alba, pictured above. Follow us for more examples (NSFW).
Other babes of historical importance were also mentioned, such as Marilyn Monroe (pictured at left), with a target ratio of 0.69, making it almost to the level of perfection of Jessica, but not quite. This 0.7 ratio translates into a waist of 25 inches and 36-inch hips, making that tick-tock walk look absolutely perfect. But the ratio is not necessarily related to measurements or weight—just the difference between those two measurements.
GOOD TO COMPARE WITH THE "BEAUTY-SENSEX"
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