Sunday, January 27, 2008

SocGen and Rogue Trader, Jérôme Kerviel

Here is an interesting article on rogue trader, Jérôme Kerviel and his "rogue" trading activities at Société Générale.

Thursday, January 17, 2008

Saturday, January 12, 2008

CAT: Bullish Chart Formation

My CAT Position Chart above...
Caterpillar Inc. (CAT) is still in a Bull TREND. With the Bullish Chart Formation, will we see a break to the upside anytime soon?

Wednesday, January 9, 2008

SIMSCI SWING Chart: Let's Not Get Too Excited Now...

My SIMSCI SWING Chart above...
Let's not get too excited now...as long as PRICE is unable to take out the last PRIME Resistance, we are in a BEAR TREND - A Lower Low, followed by a Lower High, and then another Lower Low.

Hang Seng Futures: Expect Downward Pressure in PRICE - To Challenge Last PRIME Support at 26117

My HSI Futures SWING Chart above...
My HSI Futures SWING Chart above...Finally...some clarity going forward. With yesterday's PRICE plunge in the US markets, I believe we will see PRICE breaking out, to the downside of the Triangle (consolidation) formed so far.