Saturday, July 30, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 29th July 2011


Posted by r m at 10:13 AM

7 comments:

Anonymous said...

bhai kuch rally ho jaye monday ko? ab to bill bhi pass ho gaya US me....

5600 ko uda do or chalo 5700 ki aur

July 30, 2011 at 12:35 PM
r m said...

Amibroker EOD and Intraday database updated upto 29th July 2010 at following links:

EOD.zip

Intraday.zip

regards.
rm

July 30, 2011 at 12:53 PM
r m said...

@Janak

That bill was passed by US Congress, where republicans are in majority. The bill raises the credit limit temporarily, that means the logjam would only be deferred and a similar situation will again arise a couple of months later.
US Senate where ruling Democrats are in majority has blocked the bill. Senate wants a permanent solution. So the spectre of US Default remains.
Even though common sense suggests that ultimately US will find out a way out of this situation, the market will keep on pricing the uncertainty and fear(markets have very uncommon sense!)

July 30, 2011 at 1:07 PM
Anonymous said...

hmmm.... chalo dekhte hei monday ko kya hota hei? 2 months a good enough time for any mkt to go up 600 pts and come down by 700 :-)

July 30, 2011 at 1:29 PM
VK said...

@rm, janak:

The financial mess created has just been deferred. Monday could now likely see a bounce back to 5580 levels :).

Regards

Vinod

July 30, 2011 at 9:10 PM
Anonymous said...

vinod, where is the link for that news? i think 5600 will be taken out by 1 pm itself

July 30, 2011 at 9:16 PM
Anonymous said...

Just like India, US has two houses - the House (where Republicans are in majority) and Congress (where Democrats (Obama) are in majority).

Both Democrats & Republicans have a proposal of how to raise the debt ceiling. Of course they managed to get their proposal passed in the house where they have majority and it got rejected in the other one.

So really speaking, there is no progress in that terms.

However, as the time approaches for the US futures to open ~ sunday evening 6pm EST (3:30am IST Monday morning), I am sure the politican fools/jokers will put together some shit so that the markets do not collapse.

July 31, 2011 at 11:08 AM

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