I too wish you a very happy and prosperous new year. I also welcome your great gesture of goodwill. It is difficult to apologise and even more difficult to except the opology from other. You have exhibited both. Great feeling indeed.
Thanks, manay many best wishes to you too.
I hope this year will be most volatile many many frequest ups and downs and will not trade range bound , hence will be most profitable than 2009, this year 2009 was most boaring and most part of year remained range bound and option premium eater only.
bull traders clap your hands...Japan has opened ...roaring..at least Japan investors freekout faster than others.. from what i have seen...looking at dows close at least....wow....wow....hahahahah
Now market is becoming as if
FILL IT
SHUT IT
FORGET IT,
NO DAY TRADING
NO EXPECTATION OF GREAT EARNING,
NO RISE
NO FALL
All pridicctor, all astrologist, will fail
only and only sell any options and sleep, remain eating premium, buyers of option can not earn.
the DIIs have only one aim
They will give tough fight to FIIs, when ever FIIs will want to lift the markets up these DIIs will become net sellers, and when ever FIIs will become net seller m these DII will become net buyer
ULTIMATE RESULTS WILL BE BIG ZERO for retail investors and retail traders.
Possible that you have not seen anyone predicting right. But, I happened to visit Joetom`s website today. He had been going almost correct these days even on an unpredictable day like yesterday, 4th January, he was almost accurate in his predictions. Even his stock and Nifty calls are rocking.
You are absolutely right, as far as options buying is concerned. Best strategy will be to write options.
Regarding FII/DII, I have a strong feeling now that this time around DII`s are going to call the shots and FIi`s will have to take cues from DII`s.
retailers are redeeming off mut funds but LIC indirectly deploying their money in mkt (bought reliance T-shares recently).
those who has MISS the bus will simply not resist at top as last one year sharp rallied after every 1000/1500 correction has been seen keeping them watching from sidelines.
the redeemed money will be eventually enter the mkt sooner or later.normally i have seen people taking loans from various sources at rallies and doning Fds when mkt selloff and corecting.
You are right Mr.Snvaish. I (my friend too) had lost huge money `` buying put options`` as strongly after paying consultation fee Hindlivernet (Sureshji Mittal Sir). I do not know how to recover my losses.
| NIFTY 
