From: KKP_Investor <kkpatel1924@
To: Technical-Investor@
Sent: Wed, February 3, 2010 6:19:03 AM
Subject: Re: [Technical-Investor
Ashish (Scot Scot), my call was based on the fundamental valuation and the down move by the Chinese markets.....
To time the Indian markets, you have to watch the HK and Shanghai markets. When they start to move down, and you see the overvaluation of the Indian markets based on PE, small-caps moving up and also the typical technicals not supporting the up move, it is time to move out of the market.
In my case, I sold a very large amount of ETFs that invested in Emerging Markets invested in US$ and it was done with a view that all of the EMs will either move up or down in a similar manner. I had BRIC funds in there also.
At the same time, I also moved out of QQQQ knowing that in a similar way to the Sensex, the up move was being made without a high volume, and with traders on vacation, it was only a matter of time when they will take it down. This was in my kids gifted account and after telling my kids, I cashed out of it since they will be going to college soon and it seems that money in their name will count against Universities giving them Scholarships, Grants (free money) and Loans. Not sure if they will get either of those three, but if you have money in kids names, it will reduce the probability drastically.
Hope this gives you some of my thinking and logic. Sorry, no charts to go along with it, since it is a techno-fundamental- economical method of investing in the markets.
KKP
On 2/1/2010 5:27 AM, scot scot wrote:
kkprecently you said you cashed out from india market on 31st dec. that was a great call. i dont know how you did it. timing was absolutely brilliant. i really liked it.a sincere request is if you can tell us before/zone when would be the next good entry point for india. ideally a point when you yourself would want to commit your money.thanksScot.
From: KKP_Investor <kkpatel1924@ gmail.com>
To: Technical-Investor@ yahoogroups. com
Sent: Sun, January 31, 2010 6:16:36 PM
Subject: Re: [Technical-Investor ] Gold/Silver weekly
ST, that has been my prediction for months now although there are/were many non-believers. I feel that it will follow the pattern of Oil and I had mentioned that months ago. I feel that the $2000 shot in the dark by the analyst was a great one since that took it to new highs (1250+) and has now brought it down. That was the catalyst, similar to the $200 oil shot in the dark by the GS analyst.
ps: Still long gold, but looking to move more of my US$ into gold with this correction to 3 digits......
KKP
On 1/31/2010 7:37 AM, Sniper Trader wrote:Wont be surprised if gold goes into 3 digits if we see a down week next
-- Plan Your Work and Work Your Plan to Get Ahead in 2009-2012... .. KKP Investor ------------ ------------ Bull Markets are Born on Pessimism, Bull Markets Grow on Skepticism, They Mature on Optimism, and Die on Euphoria - Sir John Templeton ------------ --------- --------- ------ Bear Markets are Born on Recessionism, Snowball on Momentum & Technical-Breakdown s, Mature on Eco-Political- Nightmare Talks, and Die on World-Is-Coming- To-An-End Euphoria - KKP ------------ --------- --------- --------- -------- >BUFFET: My rule is to be fearful when others are greedy,and be greedy when others are fearful. All day you wait for the pitch you like, then when the fielders are asleep, you step up and hit it. Stay dispassionate and be patient. First the crowd is boozy on optimism and buying every new issue in sight. The next moment it is boozy on pessimism, buying gold bars and predicting another Great Depression. Most people get interested in stocks when everyone else is jumping in. The time to get interested is when no one else is interested. You can't buy what is popular and expect to do well. ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justific ations. ------------ --------- --------- --------- --------- --------- --------- --------- --------- --------- ------- Disclaimer> Do you homework for your ownself and then invest. My ideas are not advice.
-- Plan Your Work and Work Your Plan to Get Ahead in 2009-2012... .. KKP Investor ------------ ------------ Bull Markets are Born on Pessimism, Bull Markets Grow on Skepticism, They Mature on Optimism, and Die on Euphoria - Sir John Templeton ------------ --------- --------- ------ Bear Markets are Born on Recessionism, Snowball on Momentum & Technical-Breakdown s, Mature on Eco-Political- Nightmare Talks, and Die on World-Is-Coming- To-An-End Euphoria - KKP ------------ --------- --------- --------- -------- >BUFFET: My rule is to be fearful when others are greedy,and be greedy when others are fearful. All day you wait for the pitch you like, then when the fielders are asleep, you step up and hit it. Stay dispassionate and be patient. First the crowd is boozy on optimism and buying every new issue in sight. The next moment it is boozy on pessimism, buying gold bars and predicting another Great Depression. Most people get interested in stocks when everyone else is jumping in. The time to get interested is when no one else is interested. You can't buy what is popular and expect to do well. ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justific ations. ------------ --------- --------- --------- --------- --------- --------- --------- --------- --------- ------- Disclaimer> Do you homework for your ownself and then invest. My ideas are not advice.
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