Mahant!

The inconcievable nature of nature Note: Notice the interpretations of Wave! The Rules of Chess Note: from complexity to simplicity Thank God, for making ~Feynman~ :) Falkor PS: I am a trader and all my interpretations integrates to understanding trading and the larger environment - the nature.

Giver is Smart. Taker is not. I had this flash that I thought I jot down before I loose it. ==GIVER== I am thinking about money here. When somebody is giving money like say a VC, bankers, investors, vendors, management of companies or other stake holders - they act smart. They HAVE to. For if they dont ask smart questions, they will simply loose that money. It seems, for a Giver being smart is the only way to survive. The giver has to check 360degrees for the possibilities of errors and risks. In one interpretation for example, an investor must always ask tough questions, for if the investment does not perform, he himself is to be blamed. Asking a dozen more questions just for the heck of it, is not a bad idea. The maximum possible you know about the venture/company more safe giver is. Conclusion: Giver to survive has to be smart - be smart, or act smart. Caution: That does not mean you cant take a blind leap. The blind leap is one in a dozen. For the rest of the dozen - ask. ==Taker==...

EURUSD is likely to head down, as it gets weighed down by the series of divergences. But perhaps the most likely trigger is the near oversoldness of dollar. This is a contrarian take.

It is so easy being an analyst. Just learn few ratios, equations, know how to read the stock-pages and voila, you are an analyst. 2+2=4. It doesnt take a genius to figure that out. Nor does it take a genius of analyst to figure out 6PE is undervalued and 50PE is cliffhanger. He is not a true-blood analyst who does not downgrade after the fall, and upgrade after missing half the boat ride. It doesnt take a genius too, to figure out if the growth of company A is more than company B, the A has to relatively valued more than B. ("Relatively" - ah such a beautiful word. Einstein's word) If you look around these days every other person is an analyst. A Equity Analyst. A derivative analyst. A technical analyst. A _________ Analyst. Fill in whatever you want in the blanks, and you will see you can locate that analyst in five minutes. Honestly, it is very redeeming for me, because when I wanted to become an analyst, there was no guarantee if it was a right choice. I am redeemed no...

Yes, this is out of our usual purview, but this is too tempting a breakthrough. ** 27.03.2007 - IBM scientists today unveiled in California a super-speed prototype optical transceiver chipset capable of downloading a full-length high-definition (HD) feature film in just a single second. In comparison to the five to 10 hours that it takes to download a HD movie today over a typical home broadband connection, this chipset has the ability to move information at speeds of 160GB per second. Optical networking has the potential to vastly improve data transfer rates by using light pulses in place of sending electrons over wires. "The explosion in the amount of data being transferred, when downloading movies, TV shows, music or photos, is creating demand for greater bandwidth and higher speeds in connectivity," said Dr Chen, vice-president of science and technology at IBM Research. "Greater use of optical communications is needed to address this issue. We believe our optic...

IS the Chinese market crash, the end of the era as the CNBC pundits say? On the contrary, this should be the start of the good period for China. The Chinese markets had risen superbly, almost without a correction. A correction or sanitisation was called for. Which has now been duly given. With the Olympics looming large in 2008, you can take for granted Chinese Gov is not going to do anything but be cautious. What we saw was perhaps the first dose of medicine. We can expect more in days to come. Chinese govt will certainly wont want to have a crash a month before Olympics. It would certainly want to show the best face of China- happy, rich, socialist and Govt loving people. The govt will manage the economy in such a manner that before and during the Olympics the state of economy is in the finest state. In the most progressive state. With the world's eye on it, it may have to ward off the humanitarian/inequality barbs that come during the big show. The best defense against such acc...

The Chinese markets crash was directly linked to Yen's appreciation. China and renminbi have been traditionally closely and negatively correlated with Yen. One of the reasons for closeness is Japan is one of the important consumer of Chinese goods. And geo-politically, renminbi-yen have played two-swords-in-a-scabbard roles for a long time. With Yen's role as premier asian currency challenged by Renminbi. The movements in the market is very much the symbolic of this see-saw of power. The Yen carry trade is a big underlying factor in these equations. It would be naive to write off its impact. And it would be equally naive to say carry trade is over. What is carry trade? Carry trade is arbitration. Arbitration of interest rates. Borrow at cheapest rates and lend at highest rates. What is the risk? The risk of adverse currency movements, cutting into the profit margins. The important factor is the 'difference' between the rates. The difference between say US and Japanese s...

I am frequently asked, where should one start the learning of TA? How should one start? I am not sure. The reason being TA can be very subjective, and the method that should be used is very 'person' dependent. I don't think, one theory fits all. It is a different thing if the systems are to be followed. to boil down to simple points, one of my frequent suggestion is: learn the simplest techniques to the maximum and not get enamored by the fancy complex indicators. Know the Wave - Learn to Ride it Know the Cycle - Learn to Use it :) Falkor