| Religion and time | 06-JUL-09 |
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| The local priest is happy with the crisis. “People are coming back to churches and the faith is increasing.” The nine-year cycles linked with religion and credit witness increase (decrease) in deposits every nine years linked with the decrease (increase) in the number of people going to church. Bloomberg has repeatedly reported the hedge funds come-to-Jesus partners’ meeting, a time for unpleasant confessions and admittance that “I screwed up”. Religion is an extension of human faith which rides on psychology. This means just like gold, oil and the Dow are connected, so are economics, psychology and religion in the same social chain. The fractal chain which started from our understanding of the Euclidean triangle brings us back to the same question of time. |
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| The pattern of belief | 22-JUN-09 |
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| Human emotions are as measurable as prices. The challenge is documenting an emotional time series. |
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| The time fractal | 11-MAY-09 |
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| My friend from Reuters Thompson always says that my presentations are more interesting than his, a polite way of saying that I am more animated than him. |
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| Technical outlook for 2009 | 05-JAN-09 |
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| Despite a gloomy macroeconomic environment, 2009 is unlikely to be as bad as the previous year. |
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| Fooled by Nifty | 19-JUL-04 |
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| There's one observation that always beats me: Indian market participants are low on the money management quotient. The only management they seem to know is the prototypical 'stop loss'.
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| Hedonic treadmill | 28-JUN-04 |
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| Building on where we left last time, Endowment Theory as proposed by Kahneman has distinct similarities with the open interest (OI) behaviour in the derivatives market.
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| Endowment effect | 21-JUN-04 |
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| Endowment effect means that people place an extra value on things they already own and would find it tough to swap it for something of equal market value. A part of 'Prospect Theory', the study gives |
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| Statistical breakout | 05-APR-04 |
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| We discussed the statistical probability of failure of the descending triangle on March 22, when we built the case for going 'long', buying into the 'April accumulation hypothesis'. The Nifty has |
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| Few cases for buying | 22-MAR-04 |
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| Its tough to build an accumulation hypothesis when markets are tumbling down. With Nifty down roughly 200 points, about 10 per cent for the week, building up a case for buying needs more than a |
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| Trading rut | 08-MAR-04 |
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This is a trading market. Sell below 1,860 and buy above 1,860 are the kind of recommendations floating around. Markets are unequivocally stuck up between 1,930 and 1,770.
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| Go short | 16-FEB-04 |
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| Our perspective would be that the market is likely to continue to either range-trade between the Nifty zone of 1870-1920 or that it's likely to continue an upwards move.
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| Intuitive trading | 09-FEB-04 |
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| I don't need statistics to talk about intuitive trading. Trading always has this intuitive element about it, unless otherwise one is using a trading black box model.
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| F&O underdogs | 26-JAN-04 |
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| If there has been one indicator that we all like to quote, its the affable put-call ratio (PCR). However, the top notch PCR rarely gets quoted these days at CNBC and the dailies.
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