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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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week end moves

Posted on October 10, 2008 at 5:30 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

There is low liquidity prevail in the market leading to huge drops and big moves.As explained earlier less drop in EURO and more drop in GBP are seen for beginning of the (week end) day.Towards close of the day the market is expected to look differently.Trading may have huge risk today but if you watch the understanding will be better without positions.Time to conserve equity.

Regards

Dr.Sivaraman

 

14 Responses to “week end moves”

  1. on 10 Oct 2008 at 6:21 am1mike

    how is the market going to look like at the end of the day?
    Doesn’t look good at all for dollar bears!

  2. on 10 Oct 2008 at 6:24 am2jilli

    dear dr, so do u think this is the bottom for the immediate period?

  3. on 10 Oct 2008 at 6:44 am3Dr. S. Sivaraman

    Dear Mike
    Eevery session they will make a dip and then rise towards close of the session and a very good recovery move is expected in EURO and GBP.
    Regards
    Dr.Sivaraman

  4. on 10 Oct 2008 at 6:45 am4Dr. S. Sivaraman

    Dear jilli
    The panic bottom is being set
    Regards
    Dr.Sivaraman

  5. on 10 Oct 2008 at 7:09 am5mrT

    Dear jilli.

    Every dip is a buy opportunity with doc. It is - however - highly recommended you do not do that should you want to end up with more money than you started with.

    Doc, i am giving you a medal of honor to keep posting after 95% miss rate in the past 3 months.

    I watch in disbelief. It is a statistical improbability for someone to be this wrong this many times in a row. I mean… A simple toss of a coin would have done better than doc.

  6. on 10 Oct 2008 at 8:16 am6sean

    Mr T give it a rest

  7. on 10 Oct 2008 at 8:23 am7mrT

    sean, you are right. Bye.

  8. on 10 Oct 2008 at 9:19 am8Dr Neil

    Dr is excellent, i agree with you , he should be given honour for not accepting that he is wrong since 1.54 in euro and 1.95 in gbp.

    Rgrds
    Dr Neil

  9. on 10 Oct 2008 at 9:23 am9pepe

    Finally, it seems that even the doc is realizing how wrong he has been and that it is better to save the money rather than follow his recommendations…..

  10. on 10 Oct 2008 at 12:08 pm10Krzysztof

    Yeah, Since mid of August I think he never gave EUR/GBP sell call, only buys always against the trend and almost always wrong. I’m very suprised that he is still posting here, perhaps assuming that that longer followers of this blog will disappear and his accuracy will be forgotten,
    than maybe he will catch some idiots for his ‘proffesional
    trading’ course….

  11. on 10 Oct 2008 at 12:40 pm11Spiro

    Money lost on any mkts is won by somebody else.
    Recently the quetion is where is the lost money n in wich ccy.
    The answer is simple: the money is mainly in Central Banks reserves (China, Japan, Arab, Russia, EU,) and mostly in USD as on the global trade the exporters base in these counties got paid in it (n the CB-s was drying USD from their local mkts).
    If 1 add up these USD reserves wud end at around 3000-4000Billions.
    As long as these countries sitting on its reserves n willing to finance mainly the US goverment only, the stock mkts cannot recover. And unfortunatelly because the lack of USD liquidity it keeps the USD strong.
    This shows that the system requires not 700Billion but 5times more or it requires these countries to start buy stocks, Island (not necceserely with capital letter), etc.

    The CB-s miss 1 point yet, mkts doent need low bid on interest rates but rather low offered rates. Now Banks are paying usury to CB-s for the liquidity.
    I wish some wud finnaly ask China for help.

  12. on 10 Oct 2008 at 12:46 pm12Spiro

    After Obama the next president of the USA will be Chinese or Putin.
    Or Obama sells Alaska back to the Russians with Palin.
    ;)

  13. on 10 Oct 2008 at 12:50 pm13Spiro

    Or USA accuses China supporting terrorists n freezes the chinese assets. So 1800Billion US deBt is offset.;)

  14. on 10 Oct 2008 at 1:37 pm14Dr Neil

    well done doc, lovely job

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