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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » New way to predict the market!

New way to predict the market!

Go down  Message [Page 1 of 1]

1New way to predict the market! Empty New way to predict the market! Fri Jun 21, 2013 3:02 pm

hunter

hunter
Moderator
Moderator
Just wondering if I have stumbled upon some new magic to predict the market direction.

Sri Lankan team won against England >> Market went up
Sri Lanka won against Australia >>>Market went up faster
Sri Lanka lost to India >> Market slipped down.

When is the next match?

2New way to predict the market! Empty Re: New way to predict the market! Fri Jun 21, 2013 3:41 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
good observation Very Happy

3New way to predict the market! Empty Re: New way to predict the market! Fri Jun 21, 2013 4:26 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Only a fool would bet on SL to beat India Razz

England with 2.26 and India with 1.80

4New way to predict the market! Empty Re: New way to predict the market! Fri Jun 21, 2013 5:13 pm

Market.Player

Market.Player
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
If Sri Lanka win the final, say they can get Rs.X amount. Then part should go to the cricket board. Players knows this.
I think when they purposely lost they can get Rs. 3X amount.
Senior players can decide which is profitable. I think they select correct solution like 2011 world cup.
Playing cricket is more profitable ratherthan investing on stock market. Direct your child to play cricket.

5New way to predict the market! Empty Re: New way to predict the market! Fri Jun 21, 2013 11:52 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@rainmaker wrote:Only a fool would bet on SL to beat India Razz

England with 2.26 and India with 1.80
Yep.
Also our Buggers in Oval are too much. we like to take law unto our own hands.Rolling Eyes
Saw a rowdy youth kicking an LTTE girl.
No body approves such behaviour. I think its in our BLOOD to kick females Evil or Very Mad
Api itin Deshapremi Deshi Hitarshi aya ne.
Those buggers dont see the consequence for our country in foreign land.
Behaving like Idiots. And we are basically playing into their hands.
I hope our buggers will behave next time. Very Happy

6New way to predict the market! Empty Re: New way to predict the market! Sun Jun 23, 2013 2:54 pm

sharekhan

sharekhan
Senior Equity Analytic
Senior Equity Analytic
INDIA BATTING = THE WALL

7New way to predict the market! Empty Re: New way to predict the market! Sun Jun 23, 2013 5:53 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
this is called spurious correlation

8New way to predict the market! Empty Re: New way to predict the market! Sun Jun 23, 2013 6:36 pm

hunter

hunter
Moderator
Moderator
@salt wrote:this is called spurious correlation

Obviously!


But who knows? there could be some confounding variable.


Say, some of those who watched the match happened to be in a bad mood and got panic at the market also ??
The stimulus can be similar to what happens when a change in the political situation is expected.


Having said that; I have another theory to explain situations like this....


When a market is under pressure to perform a certain movement (at this moment, as I UNDERSTAND, technical analysis suggest a minor  correction: ASI towards 6000) , the factors towards that movement are AMPLIFIED and the factors against that movement are dampened. 
In the present case, the market was waiting for a 'little push' to go down and the match results gave the necessary 'sentiment'.


Make any sense?

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