05 December 2009

FIFA 2010, Technical Analysis, Copernhagen

Assorted updates…

1. The world cup is around the corner, well almost. That's soccer world cup. Cricket does not even evince a semi digested burp from me. Here are the groups (FIFA rank).
Group A – South Africa (86), Mexico (15), Uruguay (19), and France (7)
Group B – Argentina (8), Nigeria (22), South Korea (52), Greece (12)
Group C – England (9), United States (14), Algeria (28), Slovenia (33)
Group D – Germany (6), Australia (21), Serbia (20), Ghana (37)
Group E – Netherlands (3), Denmark (26), Japan (43), Cameroon (11)
Group F – Italy (4), Paraguay (30), New Zealand (77), Slovakia (34)
Group G – Brazil (2), North Korea (84), Ivory Coast (16), Portugal (5)
Group H – Spain (1), Switzerland (18), Honduras (38), Chile (17)

More on the above in later posts. I need to do a lot of reading before the summer. But the above list looks really exciting especially countries like North Korea, Slovenia, Ivory Coast, and Honduras.
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2. I have been dabbling with an animal called Technical Analysis. For the uninitiated, technical analysis is the study of stock prices and charts which is different from fundamental analysis which involves studying the company’s financial statements, annual reports, management quality etc. Why am I learning technical analysis? One, because I want to experiment trading short term. Second, too much of free time courtesy my employer. So, nowadays I swim among aquatic beasts like moving averages, oscillators, RSI, MACD, Bollinger Bands, Slow Stochastics, Elliot Wave Analysis. Yeah they all sound scary, don’t they? But a little persistence with these marine wildlife can bear results. I understand them, know how to use them, however, as they say, the proof of the pudding is in the eating!
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3. Another latest catch on my antennae has been the Copenhagen Climate Change Conference scheduled this December. This is a next round of diplomatic parleys among 180 countries after the Kyoto Convention held in Japan. Basically, the developed countries have pledged to reduce their toxic gas emissions by fixed percentage targets. Earlier the US, which accounts for ~36% of the world’s emissions had refused to accept a limit on itself. However, it is now known that the US along with China have declared a % reduction level as accepted target. Now the focus is on the only wild sheep left in the herd. India.

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6 comments

Blogger Fighter Jet kuchh to bolti...

Hum..let me know if technical analysis really work :)..cus theory of random walk says just the opposite..
..and for India's contribution in copenhegan...I dont think anything solid...
in fact the whole thing will be just sort of fiasco..withouth legal binding..how does it matter..

11:57 PM  
Blogger Unknown kuchh to bolti...

Don't you underestimate Ivory Coast? It's solid team with player like Drogba in its forward line up. Group G is surely group of death.

9:35 AM  
Blogger Radha kuchh to bolti...

Who's the favorite to win the 2010 World Cup btw?

11:22 AM  
Blogger Abhishek Rudresh kuchh to bolti...

Free time, courtesy of your employer? How do I get in?

PS: I have recently risen from the dead in blogosphere :)

1:42 AM  
Blogger Unknown kuchh to bolti...

@ FJ - Yes technical analysis indeed works. I am convinced it does. I cannot explain how.. its more of a self discovery.

@ yogsma - Yes:-) the summer is going to be busy for me.. what with the f1 season flowing by then as well

@ radha - As per current sentiments go, they are touting Spain

@ AR - he he. getting in for enlightened minds like you should not be a problem. Yes I have noticed your phoenixation, only caught up in domestic whirlpools. Will comment sooner rather than later

7:03 PM  
Blogger Jas B kuchh to bolti...

I am excited about FIFA 2010. Otherwise the year seems bleak in every way!

Please blog more often, is it now my turn to kick butts???! :D

12:21 AM  

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