MARKET review for 28th august 2009 - SOS

To Mr. Reynold and my regular visitors

when i write that market trend is strong ,it indicate ,the slope of sensex graph is upward from 10:15 am approx to 12:30 or 12:45 pm as well maximum number of scrips will show +ve deviation from its previous closing .this information compounded with other inputs like technical parameters ,pivot point, resistance and movement of Asian market etc can be successfully utilize to optimize profits.i don't tend to offer absolute algebraic closing, neither it is of any use for day traders.Suppose sensex opend with a lead of +500 and afterward sloped dowandward and clsosed in +100 in green and if i had predicted that market will end in green,what is the use of this predction? traders who had short sell when market was at +500 point in the beginning would end in loss.
on Monday 26th as well as today 27th trend was upward while on Tuesday and Wednesday trend was -ve up to 12:20pm.take the case of today Thursday 27th, the performance of Asian market was deep red today still Indian sensex showed strong upward tendency.
SOS for Friday- after continuous upward bullish phase for straight 5 days,there is probability for correction on Friday but astrologically chart is strong.