| According to marketwatch, LEH seems unable to raise capital and that’s what is taking it down. At OPNewsletter I was selling this rally. Here is what I wrote to OPN members yesterday-
Markets... | |
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| The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Timesand Washington Post newspapers reported late... | |
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| Ospraie, It took 8 years to reach where it was, one of the largest commodities fund. It took nearly (or less than) 8weeks for it to close! According to a news published on Reuters, Ospraie Management... | |
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| Before market opened I talked about Fantastic Four (POT, MOS, MON and CF) and to keep an eye for bearish strategy. Here are the intraday trading results of the two bearish play I used for my intraday... | |
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| Here is what I mentioned about last Thursday rally to OPN subscribers before the market open last Friday, rest is history-
Overall volume was only 3.7 billion yesterday and upside volume was only... | |
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| I experienced Katrina’s terror during my stay at Austin, Texas. We were advised to store food supplies, water, and dry food and evacuate to safer places. We could hardly find enough of anything... | |
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| Temasek holding delivers record profits S$ 18Billions (US$12.8 Billions @ 1U$=1.4 S$) for 2008. Who the heck this Temasek holding is? And why should you care about them? Alright, they are the largest... | |
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| What kind of market we are facing these days? One day it is up, but to give-up all the gains next day. 200-300points daily move seems like a norm for Dow Industrial. It is a good market for... | |
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| Today is a special day, a day that occurs only once a month offering good opportunities for intra day trading. Today is Aug’08 option expiration Friday.
Before I proceed to talk about... | |
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| Gold is oversold, that’s the theme of this post. Through yesterday, gold has been down and down, almost everyday since hitting high in Mid July’08.
Attached chart has a simple technical... | |
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