Higher low but not higher high. Looks like it’s gonna be volatile 
Smallcap has reached the target I envisioned in September.
Probably bottom is done for time being.
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Oil has cooled a lil too…
I agree.
Once AI and robots surpass human intelligence and replace human on most of the work we do.
First of all, transition period will be hard and once more than 90 percent of work robots will be doing, concept of money will be changed. Maybe government will take over and owned everything, robots will do all the work, all the things produced, manufactured will be done by robots, government has to make everything free but have to set limit on natural resources.
Humans need purpose (doesn’t matter small or large) but it is what keeps them alive. But there will be no work for humans. We will have time to explore whole planet but everything will be meaningless.
Somehow I don’t see that happening. Whenever technology comes, it never reduces human work time. People are more busy and don’t have time for family much more than the previous centuries without that much technology.
I understand but this technology is different.
Even If Government Reduces Tax , FII’s or in the minds of NRI’s seems to be different about investing in India
Final 5 minutes to make your choice
Higher high today.
@BB789 Will we get awards for getting the market dynamics (kangaroo this month) correct? 
How would you quantify it? For one person 23k to 22.75k might already be bearish. For others it would be nothing and only 22k would be bearish.
if you have a specific methodology in mind, I’m all ears.
Based on our vote above! 
I voted Kangaroo. 
It’s hard to nail the exact level on expiry, many of us make predictions at the beginning of the month and maybe change it once. 
Much easier to get the dynamics right than the exact level. 
So, according to your methodology who should get the awards for market dynamics? Could you explain with calculations?
I’m still confused on the entire dynamics. Nifty closed last month near 22750 and if we close near 22750, then …
Something like >-500 points bearish, Within 500, kangaroo or >+500 bullish?
Ah, I meant separate awards for both categories. 
Of course the main awards go to whoever gets the level right. 
But secondary awards can be given to voters who got the market structure/dynamics right. 
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Yes but how would you define what’s right? I mean if we close at 22750 it is clearly within 50 points of previous month close and therefore Kangaroos are right- it is much easier in this case, but what if it’s like within 250 points. Don’t we need some hard limits to define winners within market structure ?
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Now that I think about it, polls as it is, do not lend itself to option selling targets or “ranges” or kangaroo style targets. Proposals are welcome!
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1 standard deviation based on deltas (ideal) at the start of the month or monthly ATR can be taken as the range for kangaroos to win.
Bulls and bears need to go beyond that range in their direction to win. 
In that case, Kangaroos will almost always win especially after big monthly moves which makes ATR high. Current monthly ATR is 1400. I think fixed targets are much better than dynamic ones. Like
Who are you now?
(+3000)- (+1000)
- (+500)
- (within +/-500)
(-500)- (-1000)
- (-3000)
0
voters
ATR is backward looking, we can look into the future with 16 delta based dynamic 1SD at the start of the month. 
This is more indicative of option trading PnL. 