2012

We have introduced some new changes to the India 30 to reduce drawdowns and signal noise. However, instead of focusing on exits we focused more on entry. We have introduced a new entry signal. First, every entry is reconfirmed after a few days. If the entry is still valid, only then we enter. This kind […]

  Lassi, Gold & Elliott After the lassi, metro trails, paranthas and parties, I can safely assume, I have soaked in some Delhi sentiment. Some feedbacks that poured in; “Mukul, you were right about gold. It did go up”. Another was “Mukul, you were wrong about the re-entry in gold in June 2010. It never came down.” Foregone profit […]

Multi year Elliott counts have worked for almost 80 years. However, over this period the number of high priests practicing Elliott has also increased. Earlier statistics suggested that for every 10 people practicing DOW theory there was one practicing Elliott. I will not be surprised that the ratio has inverted i.e. for every 1 technician […]

The 5-minute year When Mark Twain popularised the saying “Lies, damned lies, and statistics”, he must not have thought about it temporally. The statistics of today can seem irrelevant tomorrow. Society found it hard to rely on statistics for future trend forecasting. What will happen tomorrow is hard to judge from the statistics of today. Such is […]

“Trading Time CYCLES” by Mr. Mukul Pal: 22nd ATMA Mumbai Meeting Speaker : Mr. Mukul Pal Who will provide an Educational Meeting / Discussion covering broadly: “Trading Time CYCLES” Though CYCLES are discussed and talked about for a few hundred years, few researchers have attempted a composite theory of Time CYCLES. The few thinkers were […]

Relative performance is one of the most important Indicator for a market technician. Why? There are a few reasons. First. It is easy to calculate. It is a simple ratio between two assets e.g. Dow 30 vs. Gold. (Illustrated below). Second, the interpretation of the relative performance ratio line is easy. If the ratio line […]

I agree with Matt with the reasons he cited. I am adding a few more of my own. 1) MSCI Fundamentally considers Romania as a top frontier market for investing. 2) Markets don’t go negative. So after 90 % fall in 2009 from the 2007 highs, the market remains inexpensive at current levels. 3) Serious […]