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Got bored and covered remaining position at 4595.

NIFTY kissed the top good bye one more time today. Sold some more at 4688 and covered them at 4610. Still holding the 2/3rd position for additional downward action...

Covered 1/3rd of my short position at 4600...holding remaining position for additional downward action.

Long term resistance is the biggest reason. Here are some more: 1) NSE NIFTY is up >80% from March 2009 i.e., Indian markets are up >80% in 3 months without meaningful pullback. 2) Options data shows overhead resistance. 3) Market went up 2.3% today, but declines were more than...

Here's the daily chart...long term resistance at 4680 level...

Is this the last day of the fantastic NSE NIFTY rally that started in March 2009?

As a guy trying to balance my day job, trading and family, I can understand your sentiments. Few things that I am trying to do are: a) Observe market as much as I can (not really trading, just observing/analyzing) b) Wait and trade only those extreme situations (aka gifts from market)...

Come on gold...you can do it!

Have you bought the pullback yet?

924 over...bonus time! When you want to shoot, shoot. Don't talk!

934 target hit...next is 924.

First target 934...

I see that market is short term overbought with low VIX in other countries like India as well. Synchronized global markets fall coming shortly...

GM bankrupt, job losses pile, debt soars...and the trend is up?

Never been a better shorting opportunity...short ES at 944.

Powerratings seems to have given a strong short term buy signal on 05/13. Same for GOOG on 5/14. Need to see how they perform.

Maybe he was asking for your birthchart...your horoscope! :p

Short @857.5. Profit targets every 5 points. Stop at 861.

Good one AMT...

Southside journey stopped out after traveling some distance. Will wait for next round of selling.