Sunday, May 28, 2006

NIFTY


nifty looks like making a channel support near 3200 nifty will
target 3400-3410 which is a stiff resistance neckline of H & S
crossing that means we r quite safe.
cheers
rish

MC Dowell


mc dowell accumulate near 500-540 strong support
this has come down steeply from its recent heights
the good part is it has fallen on low volumes.
cheers
rish

JBF india


jbf can be longed with sl 92 target 102 macd systen too is
about to give a buy signal though volumes r low they should
also follow soon
cheers
rish

Saturday, May 27, 2006

MONEY(the mind twister)


I saw the best example of how money can twist a player’s mind while teaching my oldest daughter to play backgammon. She was about eight at the time but very determined and bright. After a few months of practice she began beating me. Then I suggested we play for money— a penny a point, which in our scoring meant a maximum of 32 cents per game. She kept beating me, and I kept raising the stakes. By the time we reached 10 cents a point she started losing and soon gave back every last penny. Why could she beat me playing for little or no money but lost when the stakes increased? Because for me $3.20 was pocket change, but for the kid it was real money. Thinking about it made her a little more tense and she played slightly below her peak level— enough to fall behind.
courtesy:-come into my trading room.
Dr.Alexander Elder