This is the S&P 500 Intraday Chart from Yahoo Finance. Its a really good tool for people wanting to have a look at intraday charts without having access to such charts. The indicators used -rsi, stochastics and 50 min ema are also pretty useful in analysis and can be useful as tools to provide inputs in trading.
Friday, July 24, 2009
The S&P 500 all time weekly chart. I really like this chart, especially for the way it is scaled up (log scale) so one can see all the peaks and valleys very clearly. Notice how we moved in a very wide range between 1966-82 with many bull and bear markets in between. This broad consolidation was followed by a full fledged bull market last for 16-17 years which took prices from around 100 levels to 1500 odd - a multiplier of 15 times in 17-18 odd years. That's really awesome by any standard. We seem to be in such a similar broad consolidation as we saw between 1966-82.
Wednesday, May 20, 2009
Writer Director Dev Benegal's latest film called very unusually "Road, Movie" had its international movie rights sold at Cannes to Fortissimo Films. That's great considering it had other major Indian movies like Kites competing with it for business. The movie is in Hindi, and has been produced by Susan B Landau & Ross Katz, & presented by The Indian Film Company in collaboration with Studio 18.
The movie is made based on a Bengali screenplay that was selected in the L'Atelier section of Cannes two years ago.
It stars Abhay Deol and Tannishtha Chatterjee in lead roles. Benegal is a sort of off commercial art filmish director famous for having made films like English, August and Split Wide Open in the past. Deol plays a truck driver who makes a life changing journey across India.
"The film is a kind of cinema which is bound to have a universal appeal. It is like a dream, a fantasy-like film whose content goes across the boundaries", says Tannishtha, the movie's leading actress.