Attempt to observe natural events and what they foretell about the upcoming events in the life of human beings.Since Stock markets are sum total of all human activity so I believe Natural events have predictive value about stock market. My basic guideline is Elliot wave in combination with primary indicators like Price movement,A/d ratio, volumes.Natural events are considered to view broad outlook that appears to be emerging.
Thursday, June 17, 2010
Event update-cyclone phet and rains
Cyclone Phet struck south/west coast of India causing heavy rainfall and deaths in end of may /early June.In early June max temp in Delhi dropped to significantly low to about 25-26C ,first time in 8-9 years.Also Mumbai/West coast is receiving very heavy rainfall causing many deaths due to it.Though rainfall is not very unusual at this time, but the event should be noted for its high intensity.
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