Old calls list

If you refer to all "trend following system"
calls
accuracy so far is damn near 100% with the wide stoploss...
Which is a volatility based risk management level, i usually try to give a call when I can find a fibonacci confluence near the automated system sl levels.

Not a single sl2 hit on closing basis.
and t3 has been hit in nearly all of the calls

Here is the issue..
As and when nifty breaks sl ... so will all my calls
And on that one day alone.. sl of 2-3-5% into 2-3 positions :)
u need to be prepared for that. If you cannot handle the risk there is no reward.
Over the duration of both a bull and bear cycle my accuracy on calls will only be 60:40 or so.
Sl1 is a narrow stoploss only to be used by intraday traders it can whipsaw meaning u need to be flexible with reentry rules.
Sl2 is a stoploss which u can use to cut the position and run.

http://fnocharts.blogspot.com/2007/05/intraday-trade-setups-for-tomorrow.html


http://fnocharts.blogspot.com/2007/05/pass-on-link-to-this-site-if-you-want.html

Always try to understand the difference between a general musing/idea and a trading call
a trading call has entry/exit/sl/target without this there is no trade...
http://fnocharts.blogspot.com/2007/05/divis-labs-valuations.html
If u used this to short divis.. u got burned.
The musing was there..
divis overvalued on fy08. If you read merryl reports or moran stanley reports i am sure they said the same thing.
I have investigated divis further fy09 eps is like 166....
fy08 eps.. 144
current eps. 100
divis is now approaching 30x fy09 :)
p.e.g?
p.e.g right now is? 4800 roughly divided by 100 divided by 28=1.71
read previous post on my theory of shorting high p.e.g
At p.e.g of 2 u have an investment on short side.....
p.e.g of 1.6+ usually indicates w5 of some sort to me.
Just random theories..
p.e.g of 2 would imply as high as 5600.
Can never be sure of the actual top
5021/5500/5600 lots of levels still open. Maybe its already topped. I will post a concrete call when a trade setup is available in the format of entry/exit/sl

1 year fair value target of divis is now 4320 ...
when stock is 20% above fair value?? u have an investment to short side :). The only question is.. how long can the market remain irrational? risk with shorting is that u don't know.... how long it will stay crazy :)

Also beauty of shorting fno?? 12% cost of carry in your pocket per year.
As for exactly where the top will be?
only god knows..divis is already 50x trailing earnings.

Then again even china is at 50x :)