http://forum.orpheus.asia/ Orpheus Capitals Discussions: Recent Posts en Mon, 06 Sep 2010 23:28:21 +0000 http://forum.orpheus.asia/topic.php?id=42#post-95 Fri, 25 Jun 2010 07:16:25 +0000 shanti 95@http://forum.orpheus.asia/ <p><a href="http://edition.cnn.com/2010/TECH/web/06/24/apple.forgotten.founder/index.html?hpt=C2&amp;fbid=Vp9FcsAav0J" rel="nofollow">http://edition.cnn.com/2010/TECH/web/06/24/apple.forgotten.founder/index.html?hpt=C2&amp;fbid=Vp9FcsAav0J</a></p> <p>Pahrump, Nevada (CNN) -- Ron Wayne is usually just another gambler at the Nugget Hotel &amp; Casino in Nevada. He comes here a couple of days a week to try his luck on the video poker machine. But on this trip, he drew some curious onlookers, as he was escorted by a CNN camera crew. A gift-shop worker asked him if he's famous.</p> <p>"Well, I'm one of the founders of Apple Computer," Wayne responded. Wayne, 76, is used to the puzzled looks. He said people assume that he must be living in a mansion. </p> http://forum.orpheus.asia/topic.php?id=41#post-94 Tue, 17 Nov 2009 16:03:09 +0000 shanti 94@http://forum.orpheus.asia/ <p><a href="http://www.taloneight.com/resources/research/SecularMarket.html" rel="nofollow">http://www.taloneight.com/resources/research/SecularMarket.html</a></p> <p>It is a challenge for investors to gain real market insight from the media. Everyday the talking heads on TV present facts and figures as they discuss whether the market is headed higher or lower. Different analysts throughout the day contradict one another as they attempt to forecast the general direction of the stock market. Each analyst has his or her own investment agenda as well as time horizon (short, intermediate, or long-term) making it challenging for investors to gain any real market insight from a quick three minute interview. </p> http://forum.orpheus.asia/topic.php?id=40#post-93 Sat, 17 Oct 2009 23:13:43 +0000 domnita 93@http://forum.orpheus.asia/ <p><a href="http://www.bloomberg.com/apps/news?pid=20670001&amp;sid=aXI5fcmfrOrc" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20670001&amp;sid=aXI5fcmfrOrc</a></p> <p>Oct. 17 (Bloomberg) -- The benchmark index for U.S. stock options fell for a 10th day, the longest streak since May 2005, as better-than-estimated earnings reports pushed the Dow Jones Industrial Average above 10,000 for the first time in a year. </p> http://forum.orpheus.asia/topic.php?id=39#post-92 Sat, 17 Oct 2009 15:10:20 +0000 domnita 92@http://forum.orpheus.asia/ <p><a href="http://www.economist.com/businessfinance/displayStory.cfm?story_id=14649240&amp;source=hptextfeature" rel="nofollow">http://www.economist.com/businessfinance/displayStory.cfm?story_id=14649240&amp;source=hptextfeature</a></p> <p>ONE of Citigroup’s goals, its chief executive, Vikram Pandit, explained at a recent conference, was “reducing assets while optimising value and mitigating risk”. In selling Phibro, the bank’s freewheeling commodity-trading arm, he has certainly mitigated risk: both the financial sort and the chances of a showdown with the government over a $100m pay package for Andrew Hall, the unit’s star trader and proud owner of a German castle. </p> http://forum.orpheus.asia/topic.php?id=38#post-91 Sat, 17 Oct 2009 14:58:41 +0000 domnita 91@http://forum.orpheus.asia/ <p><a href="http://www.time.com/time/photogallery/0,29307,1677033,00.html" rel="nofollow">http://www.time.com/time/photogallery/0,29307,1677033,00.html</a> </p> http://forum.orpheus.asia/topic.php?id=37#post-90 Sat, 17 Oct 2009 14:50:57 +0000 domnita 90@http://forum.orpheus.asia/ <p><a href="http://www.time.com/time/business/article/0,8599,1930829,00.html" rel="nofollow">http://www.time.com/time/business/article/0,8599,1930829,00.html</a></p> <p>(WASHINGTON) — The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy. </p> http://forum.orpheus.asia/topic.php?id=36#post-89 Fri, 16 Oct 2009 13:03:37 +0000 shanti 89@http://forum.orpheus.asia/ <p><a href="http://www.ritholtz.com/blog/2009/10/sp500-change-from-recession-trough/" rel="nofollow">http://www.ritholtz.com/blog/2009/10/sp500-change-from-recession-trough/</a><br /> S&amp;P500: % Change from Recession Market Trough </p> http://forum.orpheus.asia/topic.php?id=35#post-88 Fri, 16 Oct 2009 12:50:32 +0000 shanti 88@http://forum.orpheus.asia/ <p>The world’s bounciest economies have its most undervalued currencies</p> <p>THE leaders of the world’s biggest economies agreed at the G20 meeting in Pittsburgh last month to work to prevent global imbalances of the sort that exacerbated the financial crisis. But talk is cheap, not least because the bigwigs did not even discuss exchange rates.</p> <p><a href="http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14558601" rel="nofollow">http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14558601</a> </p> http://forum.orpheus.asia/topic.php?id=34#post-87 Fri, 16 Oct 2009 12:40:17 +0000 shanti 87@http://forum.orpheus.asia/ <p><a href="http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14587601" rel="nofollow">http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14587601</a></p> <p> Gold’s rise coincided with a fall in the greenback on a report (since denied) that oil-producing countries were talking about replacing the dollar as the pricing currency. When the dollar falls, as it has since March, risk-averse investors tend to buy gold. </p> http://forum.orpheus.asia/topic.php?id=33#post-86 Fri, 16 Oct 2009 12:34:41 +0000 shanti 86@http://forum.orpheus.asia/ <p><a href="http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14649248" rel="nofollow">http://www.economist.com/businessfinance/PrinterFriendly.cfm?story_id=14649248</a><br /> A new device to prevent irrational online trades</p> <p>JUST before the hovering finger clicks the mouse to trade, there is one thing that online investors of the future might want to check: their “Rationalizer”. The device, a prototype of which was unveiled this week, is an emotion-sensing system designed to help investors keep a cool head when buying and selling. </p> http://forum.orpheus.asia/topic.php?id=32#post-85 Fri, 02 Oct 2009 09:52:15 +0000 shanti 85@http://forum.orpheus.asia/ <p><a href="http://updates.orpheus.asia/wp-content/up_files/2009/10/AMANITA.1009.pdf" rel="nofollow">http://updates.orpheus.asia/wp-content/up_files/2009/10/AMANITA.1009.pdf</a> </p> http://forum.orpheus.asia/topic.php?id=29#post-83 Tue, 08 Sep 2009 18:23:23 +0000 Ashish 83@http://forum.orpheus.asia/ <p>Every recession is compared to 1930s, be it this or be it the Dot Com. Without getting into the debate, perhaps you should read this because this is what is happening in TICKS:<br /> <a href="http://www.marketoracle.co.uk/Article13288.html" rel="nofollow">http://www.marketoracle.co.uk/Article13288.html</a></p> <p>Regards<br /> Ashish</p> <p>The articles are picked up as interesting reads not as an opinion.</p> <p>Orpheus Research </p> http://forum.orpheus.asia/topic.php?id=30#post-82 Mon, 31 Aug 2009 17:05:07 +0000 domnita 82@http://forum.orpheus.asia/ <p><a href="http://www.integrity-research.com/cms/2009/08/27/does-your-firm-use-surveys-as-an-investment-research-tool/" rel="nofollow">http://www.integrity-research.com/cms/2009/08/27/does-your-firm-use-surveys-as-an-investment-research-tool/</a></p> <p>Does your firm use surveys as part of its investment process? YES _____ / NO _____</p> <p>This was one of the questions we recently asked 86 analysts and directors of research from buy-side and sell-side firms in North America, Europe, and Asia. Well over one third of participants in our study (38%) revealed that they use surveys, while the majority (62%) revealed that they do not use surveys as part of their investment research process. The responses we obtained from both, users and non-users of survey work, uncovered interesting trends and opportunities presented by this research tool. </p> http://forum.orpheus.asia/topic.php?id=29#post-81 Fri, 28 Aug 2009 12:53:23 +0000 domnita 81@http://forum.orpheus.asia/ <p><a href="http://finance.yahoo.com/news/The-Great-Depression-and-etfguide-1598524595.html/print?x=0" rel="nofollow">http://finance.yahoo.com/news/The-Great-Depression-and-etfguide-1598524595.html/print?x=0</a></p> <p>It's been said (and perhaps you are getting tired of hearing it) that history may not repeat itself, but it certainly rhymes. Furthermore, those who don't learn from history are doomed to repeat it.</p> <p>If there is just one time you want to take a lesson from history, it is RIGHT NOW. The parallels between today and the Great Depression are numerous and strikingly similar. This 5-minute history lesson might be the best investment you'll ever make.</p> <p>Watch out! Even this rally parallels the Great Depression</p> <p>The first leg of the Great Depression reduced the Dow Jones (DJI: ^DJI) by 48%. The first leg of the 2007 bear market reduced the Dow Jones by 53%. Both times, the initial declines were followed by powerful and persistent rallies. </p> http://forum.orpheus.asia/topic.php?id=28#post-80 Thu, 27 Aug 2009 08:44:56 +0000 Anna 80@http://forum.orpheus.asia/ <p><a href="http://www.nytimes.com/interactive/2009/07/02/business/economy/20090705-cycles-graphic.html" rel="nofollow">http://www.nytimes.com/interactive/2009/07/02/business/economy/20090705-cycles-graphic.html</a></p> <p>A chart of industrial production — the output of manufacturers, miners and utility companies — suggests that the economy is poised to turn around, but that the climb out of the current downturn will be a long one. </p> http://forum.orpheus.asia/topic.php?id=26#post-79 Mon, 17 Aug 2009 21:53:35 +0000 Ashish 79@http://forum.orpheus.asia/ <p>Will try my best but cant promise 300. </p> <p>Meanwhile, here is an interesting blog and an interesting co-relation between monthly mortgage rate resets and s&amp;P. Dont know what the correlation but thought will share with you.</p> <p><a href="http://evilspeculator.com/?p=10114" rel="nofollow">http://evilspeculator.com/?p=10114</a> </p> http://forum.orpheus.asia/topic.php?id=26#post-78 Mon, 17 Aug 2009 16:19:31 +0000 Mukul PAL 78@http://forum.orpheus.asia/ <p>If we can get 300 members from the broking community responding to a survey we can have some valuable sentiment data. </p> http://forum.orpheus.asia/topic.php?id=26#post-77 Sat, 15 Aug 2009 22:45:40 +0000 Ashish 77@http://forum.orpheus.asia/ <p>Sure, happy to be of help. </p> <p>Just to understand it better, any criteria on selection of brokers. The ones i talk to are say youngsters (25-32 year olds) who work for top broking firms (volume wise) such as ICICI, Kotak, India Infoline, etc. They execute orders from retail clients, give their own view on the markets. The view is ok, 50-50 at best. You cant make money from their views consistently.<br /> Let me know</p> <p>The retail sales data was a classic case of Buy the rumor, sell the news. Got out on time. </p> http://forum.orpheus.asia/topic.php?id=26#post-76 Fri, 14 Aug 2009 07:50:14 +0000 Anna 76@http://forum.orpheus.asia/ <p>Thanks for the feedback and observations Ashish. It's a pity we don't have a sentiment indicator for India, would be interesting to see percentage bulls and bears in India. We do a sentiment survey for Romania and % bulls suggest limited upside potential. We want to extend the survey for India, could you get some brokers interested to respond on a daily basis. </p> http://forum.orpheus.asia/topic.php?id=27#post-75 Thu, 13 Aug 2009 12:14:04 +0000 Anna 75@http://forum.orpheus.asia/ <p><a href="http://www.integrity-research.com/cms/2009/08/03/alternative-research-reasons-for-optimism/" rel="nofollow">http://www.integrity-research.com/cms/2009/08/03/alternative-research-reasons-for-optimism/</a></p> <p>Market Driven Business Model</p> <p>One of the historic problems with sell-side equity research is that it is bundled with a wide variety of non-research services, including execution, capital commitment, sales support, management access, IPO allocations, prime brokerage, etc. making it extremely difficult to ascertain what clients are really paying for. Consequently, many sell-side research departments have never really understood what clients find valuable in their research products. </p> http://forum.orpheus.asia/topic.php?id=26#post-74 Wed, 12 Aug 2009 22:29:04 +0000 Ashish 74@http://forum.orpheus.asia/ <p>Dear Orpheus,</p> <p>I must write to congratulate the great call today on Nifty. The Primer and the 3-3-5 structure really helped take a call. Didnt trade the last down move. Luckily, forced myself to go long mid-day as the move down wasnt fast enough, plus Dollar Index had gone back again. Moreover, there was advanced news of US Retail sales data (to be reported on Thursday) that is supposed to be positive. </p> <p>Bob says 992.4 on S&amp;P is the number to look for the wave down. The current rally should end at Dow at 9700 or 10334. That should be the peak according to EWT.</p> <p>Remember Jan22, 2008. What if markets decide to correct in the expiration week? The bears have taken a lot of beating in the last 3-4 months expiry week. I guess its time for revenge. :) Am i day dreaming?? Lets see. </p> http://forum.orpheus.asia/topic.php?id=25#post-73 Thu, 06 Aug 2009 22:29:42 +0000 Anna 73@http://forum.orpheus.asia/ <p>Dear Sundar, The B trap on ALTERNATE keeps us cautious regarding clear up projections. Kindly refer to the latest WAVES.INDIA issue. Thanks </p> http://forum.orpheus.asia/topic.php?id=19#post-72 Thu, 06 Aug 2009 21:13:43 +0000 Ashish 72@http://forum.orpheus.asia/ <p>4) What is clear break? Is that a EOD closing below a support ? How does one know its a clear break?</p> <p>Thanks.. understood what a clear break is, looking at break of supports/resistances today and yesterday. And as u had indicated in ticks too. </p> http://forum.orpheus.asia/topic.php?id=19#post-71 Wed, 05 Aug 2009 22:43:51 +0000 Ashish 71@http://forum.orpheus.asia/ <p>Found the answer about News Vs Price, from the master- Bob Prechter in his latest newsletter:<br /> "<br /> Question: But we’ve all seen the stock and bond market bounce or dive on the release of money supply or Consumer Price Index figures.</p> <p>Bob Prechter: Sure, for a few minutes. And sometimes it doesn’t react, does it? The release of such figures never changes the market’s larger trend. On all time horizons longer than two minutes, news lags the market.</p> <p>" </p> http://forum.orpheus.asia/topic.php?id=25#post-70 Tue, 04 Aug 2009 04:36:21 +0000 sundar 70@http://forum.orpheus.asia/ <p>1. Is this the 5th Wave of NIFTY for the rally that started on 12th March 2009?</p> <p>2. If yes, how long could this impulse run? Where could it end? And how much could the correction take the Nifty down to?</p> <p>3. If yes to the above, then when could the next rally start? And how far could it take the Nifty up to?</p> <p>Sundar Rao-Hyderabad-India </p> http://forum.orpheus.asia/topic.php?id=24#post-69 Sat, 01 Aug 2009 15:44:25 +0000 Anna 69@http://forum.orpheus.asia/ <p>Elliott waves are fractals, so there are more than one indication when a wave could be ending or begining. If you are new to wave counting getting accustomed to a five and three wave structures should be the first step. If you can differentiate between the two, you will realise that impulses (1,3,5) are diffrentiable from (2 and 4) in both form and magnitude. Three wave corrective or counter trend structures generally retrace 38.2 - 61.8%. </p> <p>The illustration (<a href="http://updates.orpheus.asia/wp-content/up_files/2009/08/COUNTING.ELLIOTT.010809.GIF" rel="nofollow">http://updates.orpheus.asia/wp-content/up_files/2009/08/COUNTING.ELLIOTT.010809.GIF</a>) shows how the second waves retraced and clearly indicated that the 3 or the next impulse higher should begin.</p> <p><a href="http://updates.orpheus.asia/article/2498" rel="nofollow">http://updates.orpheus.asia/article/2498</a> </p> http://forum.orpheus.asia/topic.php?id=24#post-68 Fri, 31 Jul 2009 11:21:59 +0000 dhamu0202 68@http://forum.orpheus.asia/ <p>My question is regarding COUNTING. I want to know that at which point of time one should change the count from 1 to 2 and from 2 to 3. i.e. how we can confirm that wave 1 is over and wave 2 has began. Is it so that on every positive and negative bar on daily, weekly or monthly we need to change or alter the count? Or counting is just a visual interpretation of finding a pause of a sharp pull back in any rally.</p> <p>Please help me out with my query. </p> http://forum.orpheus.asia/topic.php?id=23#post-67 Wed, 29 Jul 2009 12:05:33 +0000 Mukul PAL 67@http://forum.orpheus.asia/ <p>End of the day users should find this free tool by PROREAL valuable. There are marginal charges for intra day data. We have tested the system and found the templates easy to use. The bar chart quality is high. Candle stick quality is average. Trendlines are easy to draw. The channeling indicator could be a bit better. We liked the annotation system. For an end of day free software we can consider this revolutionary, if you have access to most gloabal assets (gold, oil, forex, equities). The company does not cover India yet. We will post more updates in this section.</p> <p><a href="http://www.prorealtime.com/en/" rel="nofollow">http://www.prorealtime.com/en/</a><br /> <a href="http://updates.orpheus.asia/article/2446/gold-08-09-2" rel="nofollow">http://updates.orpheus.asia/article/2446/gold-08-09-2</a></p> <p>Cheers </p> http://forum.orpheus.asia/topic.php?id=22#post-66 Tue, 28 Jul 2009 22:56:59 +0000 Mukul PAL 66@http://forum.orpheus.asia/ <p><a href="http://arstechnica.com/tech-policy/news/2009/07/-it-sounds-like-something.ars" rel="nofollow">http://arstechnica.com/tech-policy/news/2009/07/-it-sounds-like-something.ars</a></p> <p>Supercomputers pitted against one another in a high-stakes battle of attack and counterattack over a global network where predatory algorithms trawl the information stream, competing every millisecond to gain an informational advantage over rivals. It sounds like Hollywood fiction, but it's just an average trading day on the stock market. </p> http://forum.orpheus.asia/topic.php?id=20#post-64 Thu, 23 Jul 2009 10:40:08 +0000 bharathajain 64@http://forum.orpheus.asia/ <p>Thanks Mukul.</p> <p>Thanks Anna - wiil do that. </p> http://forum.orpheus.asia/topic.php?id=20#post-63 Thu, 23 Jul 2009 10:12:16 +0000 Anna 63@http://forum.orpheus.asia/ <p>Our preferred strategy view is posted in the member's area. Please ask for a free trial or subscribe for access. </p> http://forum.orpheus.asia/topic.php?id=21#post-62 Thu, 23 Jul 2009 09:54:47 +0000 Anna 62@http://forum.orpheus.asia/ <p>Thank you for your feedback on our report. We will try to carry INTERMEDIATE and MINOR views once a week. </p> http://forum.orpheus.asia/topic.php?id=20#post-61 Thu, 23 Jul 2009 09:52:33 +0000 Mukul PAL 61@http://forum.orpheus.asia/ <p>At an institutional level we don't prescribe to a certain risk management strategy, as our members come from a large risk-return spectrum. What we can say is that options need more understanding of TIME AND LEVELS compared to futures. Earning premiums writing options can be a reckless strategy if you don't understand TIME AND LEVELS. </p> http://forum.orpheus.asia/topic.php?id=21#post-60 Wed, 22 Jul 2009 17:01:15 +0000 sundarrao 60@http://forum.orpheus.asia/ <p>In ur Waves India 210109...Slide no 8 (FMCG (LEFT). POTENTIAL FLAT. PRICES PUSHED HIGHER TILL KEY 2,500)...is an ideal 2-chart representation of the longer term AND the shorter term view culd this be done for the sensex and nifty too pls? in Waves in your end of day report this slide no 8 captures both time periods and is so much better to understand where that mkt might go in future months...and in the immediate month or so a suggestion whcih u might consider... </p> http://forum.orpheus.asia/topic.php?id=20#post-59 Wed, 22 Jul 2009 08:41:23 +0000 bharathajain 59@http://forum.orpheus.asia/ <p>Hi,</p> <p>Would you suggest writing Nifty put options for 4400 given thtat conventional resistance levels have been continuously challenged in the July settlement or to buy August put options given that Nifty has gone up 76% since Mar 9.</p> <p>Thanks<br /> Bharat </p>