Tag Archives: BSESN

INDIA OUTLOOK H209 – SHORT SENSEX, LONG NIFTY

By Orpheus | Published: 24 July, 2009
If Short S&P500, long DOW is absurd, what you are going to read below should be shocking. We will be taking you through pairs and performance cycles (a term coined by us) on the Indian capital markets. Performance cycles work because of time fractals. This is what we said in our annual India outlook 2009. [...]
Posted in Indian Pairs and Assets | Also tagged , , , , , , , | 2 Comments

SHORT S&P 500, LONG DOW 30

By Orpheus | Published: 14 July, 2009
This is what we said on 15 NOV 2008 If there is any BULLISH REPRIEVE, it should be now. And I don’t think BULLS would like to waste their few quarters of chance they need to survive in an otherwise long secular bear market. There is one more intermarket reason. Though S&P has historically underperformed [...]
Posted in American Pairs and Assets | Also tagged , , , , , , , | Leave a comment

INDIAN PAIRS: LONG NIFTY – SHORT NSEBANK

By Orpheus | Published: 1 July, 2009
Why do BANKS fall? This question may have many answers based on when you ask it. The question may have no meaning if it was asked at the market top at BSEBANK 12,678 (20 Jan 2008). It may evoke a shrug if asked at Oct 2008 lows (BSEBANK 3,601). Now that BSEBANK has retraced almost [...]
Posted in Indian Pairs and Assets | Also tagged , , , , , , , , | Leave a comment

THE DOLLAR SENSEX

By Orpheus | Published: 25 June, 2009
There are stories about the inverse correlation between SENSEX and the US Dollar Index (USD). The same stories which talk about inverse correlation can also explain perfect correlation, but there is something missing here. First, perfect correlation does not last. Second, if instead of absolute prices if we compare changes between prices, the idea of [...]
Posted in Cross Pairs | Also tagged , , , , , , , , , | Leave a comment