http://forum.orpheus.asia/ Orpheus Capitals Discussions: Recent Topics en Mon, 06 Sep 2010 23:34:18 +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-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=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=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-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=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=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=19#post-53 Sat, 18 Jul 2009 11:38:28 +0000 Ashish 53@http://forum.orpheus.asia/ <p>Hi ,</p> <p>Just want to share thoughts on last week, coming week and develop a trading strategy.</p> <p>1) Intermarket Cycles/News &amp; Price<br /> I was wondering if last week's bullishness was due to news followed price or price followed news. The news being GS and other financial firms posting "good" results and divestment of PSU's in India. I mean i guess fractals/elliot wave/TA are based on rules and not news, but did the news affect the price last week? One can never know that but according to this blog (<a href="http://syhardingblog.com/new/)" rel="nofollow">http://syhardingblog.com/new/)</a>, historically, the expiration week in Dow/S&amp;P in july is generally positive.</p> <p>Also, do the inter-market cycles still suggest that nifty under-performs dow/s&amp;p?</p> <p>2) Neckline Retest<br /> I think the neckline has been retested and nifty is above the neckline. It seems the bearish head and shoulder would nullify if nifty is above 4500. We will never know that till we reach there but whats the time frame for the pattern to play out?</p> <p>3) Trading next week:<br /> It seems the 5th wave up is in progress. However, according to this blog-<br /> <a href="http://syhardingblog.com/new/" rel="nofollow">http://syhardingblog.com/new/</a></p> <p>"But the weekly patterns are working out in July as they typically do in other months. The market tends to be down for the week before the options expirations week, which it certainly was last week. Then the options expirations week tends to be positive, which this week certainly has been.</p> <p>Keep in mind that the rest of the pattern is that the week after expirations weeks tends to be back down."</p> <p>People have different opinion, but what if the market remains weak the coming week? Would look forward to the appropriate wave count. Nifty seems over bought for last 2 days and therefore a correction cannot be ruled out. The difficult part would be to buy the dip or short the correction because maybe the bearish head &amp; shoulder would play out. In either case, appropriate support/resistance level can be followed but a view should help. </p> <p>I dont know the wave count but its difficult to take a positional trade. I guess its best to stay out when there is confusion.</p> <p>4) What is clear break? Is that a EOD closing below a support ? How does one know its a clear break? </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-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> 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=16#post-32 Sat, 11 Jul 2009 12:21:09 +0000 dmchheda 32@http://forum.orpheus.asia/ <p>Hi...</p> <p>I have read the Channels.India Report for the first time. I need to understand &amp; kow how to interprete the two parameters(in relation to each other) in the Tracker report viz :PRICE &amp; MINOR KEY </p> http://forum.orpheus.asia/topic.php?id=18#post-44 Wed, 15 Jul 2009 05:57:24 +0000 Anna 44@http://forum.orpheus.asia/ <p><a href="http://updates.orpheus.asia/article/2097/comment-page-1#comment-101" rel="nofollow">http://updates.orpheus.asia/article/2097/comment-page-1#comment-101</a> </p> http://forum.orpheus.asia/topic.php?id=17#post-38 Tue, 14 Jul 2009 11:44:31 +0000 Ashish 38@http://forum.orpheus.asia/ <p>Hi,</p> <p>I want to understand when one should take profits using TICKS. On Monday, there was a chance to take profit on Nifty when it was around 3940. Nifty had retraced to 38% of A, and this was indicated by TICKS in its report few days back. However, what got one confused was the message on ticks: "TICKS expected no bounce back before 12706 on Sensex". One did not take profits in anticipation of greater profits. </p> <p>However, today the bounceback has made it difficult to hold the position. I was wondering if the C is actualy complete now. </p> http://forum.orpheus.asia/topic.php?id=4#post-9 Tue, 07 Jul 2009 20:56:08 +0000 Ashish 9@http://forum.orpheus.asia/ <p>Dear Anna/Mukul,</p> <p>Thanks for answering the last question. I am sorry for asking so many questions.</p> <p>Maybe I am not able to get, but how does one know entry/exit and stoploss levels using ticks. For example, I went short on Nifty last thursday, held on to shorts even though market went up on Friday. On Monday morning, it was obvious that market is going down. However, I ended up making a 20% profit on short, which given market was down by 5%, was not much. Basically, it was a put and lost some time value. </p> <p>I was wondering how can i know entry and exit on a daily basis through ticks? Since TICKS gives positional trades, should i then use futures instead of call/puts? </p> http://forum.orpheus.asia/topic.php?id=5#post-10 Wed, 08 Jul 2009 10:06:14 +0000 Ashish 10@http://forum.orpheus.asia/ <p>Hi,<br /> with respect to the move in Nifty today and coming 3-4 days, do u see the possibility of neckline retest? If yes, what is that level-4150? and when. :) </p> http://forum.orpheus.asia/topic.php?id=6#post-11 Thu, 09 Jul 2009 08:41:12 +0000 Samant 11@http://forum.orpheus.asia/ <p>Hello,<br /> I was reading with interest the wave count for INDIA -- B or wave 4.</p> <p>I was wondering, if we go by an October / November 2008 Waves India -- titled MEGAOVERSOLD Markets. In that, i guess the main point was that after such oversold markets, there shall be 1 or 2 years of trading opportunity .. that should point to B wave .. right ?.<br /> I heard someone at cnbc.com say that too.. hence seem to believe in it. Though it may be my bias .. as i want to earn from trading during this window of opportunity...<br /> What is your opinion ?</p> <p>Regards,<br /> samant </p> http://forum.orpheus.asia/topic.php?id=15#post-27 Thu, 09 Jul 2009 12:09:46 +0000 Mukul PAL 27@http://forum.orpheus.asia/ <p>On the 13:46 SENSX.60MIN (Ticks.India.071108), about RSI<br /> you mentioned “RSI seems weak and over reactive”, Can you<br /> please highlight on this? </p>