Comments for Econohistory

Comment on The budget strategy (India) by Ashish Kyal

Ashish Kyal — Sat, 27 Feb 2010 06:38:05 +0000

This article precisely points out the riskiness of dealing with Options. Drastic decay is option price is what has happened on Budget day!!!

Comment on The budget strategy (India) by Orpheus

Orpheus — Fri, 26 Feb 2010 04:51:39 +0000

This just came in.

KOTAK MAHINDRA BANK REPLACES GRASIM IN INDIA NSE NIFTY-50 INDEX | TradingMarkets.com

MUMBAI, Feb 25, 2010 (AsiaPulse via COMTEX) –

India’s National Stock Exchange (NSE) on Thursday said it will include Kotak Mahindra Bank (NSE:KOTAKBANK) in its benchmark Nifty-50 Index, replacing Aditya Birla’s flagship cement company Grasim Industries (NSE:GRASIM) with effect from April 8.

http://www.tradingmarkets.com/news/stock-alert/grsxy_pnjlf_kotak-mahindra-bank-replaces-grasim-in-india-nse-nifty-50-index-802760.html

Comment on Alpha.India – Long Grasim, short Nifty delivers 13% by Orpheus

Orpheus — Mon, 22 Feb 2010 22:28:38 +0000

Thanks for the post. Few things…If you go long and short withouth having an equal value of exposure on each side, your strategy can bomb. Second, our Numeric ranking for Indian stocks beyond Nifty 50 is for subscribers only. Please subscribe to Orpheus India Research services for further inputs.

Orpheus Research

Comment on Alpha.India – Long Grasim, short Nifty delivers 13% by pramod

pramod — Mon, 22 Feb 2010 13:40:19 +0000

Hi, today I have made a pair trade of Hdfc Bank; Kotak Bank. I have bought Kotak Bank ( March Futures) at 715; shorted HDFC Bank at 1696. Please guide me. Am I doing the right thing or not. Regards, Pramod Mann

Comment on Alpha.India – Long Grasim, short Nifty delivers 13% by Orpheus

Orpheus — Thu, 04 Feb 2010 17:46:55 +0000

Thanks for the kind words and post. The idea is very simple. Performance is cyclical and always against a benchmark. What we have done is just created a performance cycle methodology with which we can see where a certain asset is placed compared to it’s benchmark.

If the stock is on high of the performance cycle, we know it will start to underperform soon and vice versa. Peformance cycle is a part of time fractals. This means how long a certain asset may outperform or undeperform depends on what time frame you want to study performance on, performance intra day, peformance for a few days, few weeks, few months or few years.

Regarding your other question, you are comparing metal majors in NIFTY with BSE METALS composite Index. This is why the difference.

Orpheus Research

Comment on Alpha.India – Long Grasim, short Nifty delivers 13% by Shankar

Shankar — Thu, 04 Feb 2010 16:35:36 +0000

Hi,

I’m an avid reader and think you guys are on to something big! A couple of queries..
1. How do you work out which stock is topping or bottoming out? And how much longer the under/out performance will continue?
2. In the above report, the metals sector is an underperformer, whereas most leading metal stocks are outperformers. Is there a contradiction or have I missed something?

Comment on Alpha.metals – Palladium tops and silver bottoms by Orpheus

Orpheus — Thu, 28 Jan 2010 17:20:23 +0000

Thanks for the post and kind words. Trading time is easy if you visualise the triad structure. You have to mix two degrees of time or three degrees of time if you want higher accuracy in signals. regarding non direction trading, volatility can be isolated from any asset class. Isolate volatility, establish volatility cycles, look at the confluence of cycles at two degrees of time and your straddles and/or strangles should start working.

http://timetriads.com/article/598

Orpheus Research Team

Comment on Alpha.metals – Palladium tops and silver bottoms by Tejas

Tejas — Thu, 28 Jan 2010 16:35:42 +0000

I find your website… an “eye-opening experience”. I would like to know if you could help in gaining the same knowledge about how to trade “time”.
I am myself deeply immersed into pairs trading, but the signal is more shorter and frequent, with the estimated out-performance to be captured in the range of 7-11 % and using money management and leverage to better the trading results.
Another thing that really interests me is the Non-directional trading, especially on the Options front and am a firm believer in ruled-based trading.

Comment on Alpha.metals – Palladium tops and silver bottoms by Orpheus

Orpheus — Sun, 24 Jan 2010 18:04:39 +0000

Dear Sunil,

Thanks for the post. Will it work? It should, now that silver is at the bottom of the rankings and the worst performer compared to gold. Gold and silver are international assets. Though local prices are influenced by their international peers, the impact of local currencies can not be ignored. Above this gold and silver is the strongest pair in the metals complex showcasing less price divergence compared to say palladium and gold. You have to also match the value of the contracts before you attempt the trade. Please understand that performance cycles are time fractals and even if we see one performance cycle turning in favor of one asset and against another asset, there are many performance cycles influencing a pair at the same time, larger and smaller performance cycles. Performance cycles attempt to isolate time of performance and has an encouraging backtesting result, but in no way can performance cycles be assumed to be a holy grail. It doesn’t exist.

We will be expanding coverage to gold and silver Indian spot prices soon. For further information and advise regarding risk management on the pair trading strategy call us or subscribe to Alpha.metals.

Orpheus Research

Comment on Alpha.metals – Palladium tops and silver bottoms by Sunil Kejriwal

Sunil Kejriwal — Sun, 24 Jan 2010 15:06:32 +0000

I would like to play the strategy of long silver and short gold in India. Will it work? please guide me