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.
Tuesday, August 10, 2010
Event update- leh cloudburst
A unique event in the form of cloudburst happened on Aug6 in Leh,resulting in heavy flooding and widespread destruction.This was very high intensity rare event.Also the pattern of rains/monsoons this season has been erratic ie very heavy rains followed by spell of normal/humid weather.
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