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2nd June, 2008

Markets will fall in an Intermediate down trend

Much to the surprise of traders, the Nifty continued its decline on Monday, June 2, falling by 125 points. I am surprised because everyone is surprised. Too many surprises! The

31st May, 2008

A Drop of Water

A Zen master named Gisan asked a young student to bring him a pail of water to cool his bath. The student brought the water and, after cooling the bath,

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29th May, 2008

Narrow Range Days

Markets go through cycles of expansion and contraction. This concept is applicable to all time frames. An intra day trader will find periods of small movements within a trading day

28th May, 2008

Day Trading Makes Money

There is a popular misconception that day trading does not make money. After all, the day trader starts with many disadvantages. First, she is restricted by time. Second, the trader

27th May, 2008

Catching Falling Knives

Tim Price, in his blog http://thepriceofeverything.typepad.com/ provides wonderful insights into the behavior of Wall Street honchos. Mr Price writes: "One of the innumerable problems with Wall Street and the City is that