Wednesday, June 29, 2011

shadow can't be the body

shadow is shadow.
it cannot be the body.

shadow can do a lot of tantrums
go ahead
go behind
go round and round
become small
and big
even vanish!

all depending upon
the "supply" of light!

but ultimately
it has to tow
the line of the body.

body is free to go anywhere
but the shadow
must ultimately
follow its master.

same is the case with
the price movement manipulated by operators.

whatever they do with the price
wherever
how-so-far
they drive the price
they can't ignore the fundamental scenario.

if demons of inflation
or crude price
or currency strengthening
or political stability etc
are bearish
operators simply can't
flirt with the horns of the bulls
for ever.

in the words of jesse livermore

"whatever might seem to give a big swing, initial impulse,
the fact is that its continuance is
not the result of manipulation by
pools or artifice by financiers,
but depends upon basic conditions.

and no matter who opposes it,
the swing must inevitably run
as far and
as fast and
as long as
the impelling forces determine."

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