Category: Chanakya

13

Dec2009
Last Week - Markets eked out gains of +0.04% This Week - This week, a decided increase in Bull%, hitting a 3-4 month high at 62% - Neutral % fell to more normal level after choosing the "uncertain" stance for close to 2 months, with Neutral % staying as high as 30%+ at ... Read More
December 13, 2009chanakya

06

Dec2009
Last Week- Markets closed +1.72%This Week- This week, a decided increase in Bull%, breaking a 3 month+ descending triangle to the upside with the lowest Bull% from September 21st, 2009 still holding ground- Bear% is starting to decline- Markets should continue holding ground, and perhaps close positive for the week Chanakya/Smartp Smartpredictor.com, Past ... Read More
December 6, 2009chanakya

30

Nov2009
Last Week - Uncertainty had disappeared and there was a move from both Bull and Neutral camp to the Bear camp - The idea was for recognized bear trend that caused the largest % decline in Futures trading (at worst close to 40-43 ES points at one point) since March/April 2009 time ... Read More
November 30, 2009chanakya

22

Nov2009
Last Week- Uncertainty had risen sharply in both camps at the highest reading of 35%. No wonder markets came in flat at -0.2% on a weekly basisThis Week- This week, the uncertainty has disappeared with % loss from Neutrals clearly going to Bear camp, plus some more- The Bear % ... Read More
November 22, 2009chanakya

15

Nov2009
Last Week - Bears got bolder last week and were beaten down pretty quick with Monday's persistent rise with GSPC rising 2.3% for the week This Week - Bulls declined - Bears declined - Neutrals have risen to the highest level in a couple of months. Rise in uncertainty after market rise from 11/2/09 - ... Read More
November 15, 2009chanakya

11

Nov2009
Wow this happened faster than anticipated! Almost there! The call was issued on August 27th, 2009. This is a measured move, and should surely provide resistance for a decent sell off in the coming weeks or at least a pause.
November 11, 2009chanakya

08

Nov2009
Last Week - Bull % series had a positive crossover Bear% since the beginning of the week of 9/28/09, and the result was a 3.0% gains in SPX This Week - Neutrals jumped to the Bear band wagon with a slight decline in Bull% - Bear % is once again rising, however the Bull% ... Read More
November 8, 2009chanakya

05

Nov2009
The Perfect Kiss that market was looking for! The Smartp Intra-week Neural to Subs had this as a Setup #3 for the week: SETUP #3 FOMC Decision 3-4 pm EST LOW CIT BUY 1037-1039 zone if achieved post FOMC Overnight low was 1039. Post FOMC low was 1042. ESZ9 1050-52 is good support on declines now. Chanakya/Smartp Smartpredictor.com Timeandcycles.com Smartp on ... Read More
November 5, 2009chanakya

04

Nov2009
- The markets are done correcting Price wise with the lows of 11/2/09.- The rhythm of "last week of the month" highs and "first week of the month" lows is still intact and it has delivered us 11/2/09 lows- Base formation is complete and we have broken through the Bear ... Read More
November 4, 2009chanakya

25

Oct2009
On 9/14/09, in Market's Elephantine Memory, I had identified 2 significant resistance points 1060.8 (2004 low that launched a 3 year Bull into 2007) and 1105-1132 zone that in essence was the "market failure point". When markets bottomed in March 2009, I expected markets to reach the "market failure point" - ... Read More
October 25, 2009chanakya