Everything is impermanent

This is just a diary of my market views and not recommendation to buy or sell anything I mention here.

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Saturday, December 11, 2010

Sensex confirmed downtrend on Friday

Sensex http://stockcharts.com/h-sc/ui?s=$BSE&p=D&b=5&g=0&id=p00079415284

5 EMA closed below 13 and 62. 13 EMA closed below 62.

May confirm downtrend on Monday

EWZ Brazil

May confirm uptrend on Monday

Usd/Jpy

IDU Utilities DOW sector.

Posted by Deej at 5:17 PM

Labels: Sensex

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“I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion.”

- Jesse Livermore

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