Friday, 21 March 2008

My last post before my forced break

‘A trader has a right to spread information,’ Mr David Meister, a former US federal prosecutor, told The Wall Street Journal yesterday.

‘What a trader does not have the right to do is knowingly spread false information with the purpose of trading to take advantage of that,’ he added.

Read here

Revealed: Dirty Tricks of Rouge Traders

Read here

Tibet Riots Trigger "Revealed"

Thursday, 20 March 2008

Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan

Baltic Dry Index

Ø The Baltic Dry Index may breakdown in near term as the MACD triggered a sell signal.

Ø It is trading marginally above the 200-day EMA but a decline below the 200-day EMA is likely to trigger a wave of selling.

Ø Further weakness is expected as the Stochastic Oscillator has trended lower.

Ø This is likely to have a negative effect on the Shipping stocks.

Today 20 March 2008

SSE Weekly Fibo

Why the Bear Rally can't Last

Wednesday, 19 March 2008

To those who support the Tibetan rioters

This is my message to them:

Free USA, Canada and Australia (Tibet). Aboriginals (Tibetans) get up on your horses, burn down the White House, loot the banks, and fire bomb the white men (Chinese) occupying your native land.

Singapore Valuation Revisions - CL

Straits Times Index - KE

A relief rally, but is this another bear trap?

Monday, 17 March 2008

A bad day

Belgian Tibet protest turns violent

Mar 16 - Tibetan protestors clash violently with police outside the Chinese embassy in Brussels.

Hundreds of protestors attempting to gain access to the Chinese embassy grounds were pushed to the ground and bitten by police dogs.

The protestors attempted to break down the gate and one suceeded on gaining entry to the grounds where he waved a Tibetan flag.

Police confirmed that they had arrested five Tibetans outside the Chinese embassy.

Sunday, 16 March 2008

If you're still trading, you're like this surfer...

What if you engage the wrong gear?

Not a nice feeling to fall 30 levels down inside your car.

SSE Dead Cross

HSI Dead Cross

Both the Hang Seng index and the H-share index recorded dead cross sell signals last week, the first since 2000 for the HSI and 2002 for the H-share index. A dead cross occurs when the 50-day moving average crosses below the 200-day moving average and signals the end of an uptrend and the start of a new downtrend.

Tibetan Rioters are not the Angels the West likes to portray

People like Richard Geere has vested interest, that's why he can't be trusted.

Peaceful protestors don't burn down buildings, loot shops and hurt innocent children and women. These Tibetans should be treated as who they are - hooligans and rioters.

A repeat of 1970's style stagflation?