Dry ships has broken important support at 47s. A trip to 40 or just below 40 is to be expected.
Ten Economic Questions for 2025
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September
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- Year end redemptions in hedge funds
- S&P 500 TA chart- yesterday's (September 29) histo...
- Indian Rupee worst month and second worst Asian cu...
- Where to invest after US bailout?
- Washingon Mutual WAMU failure
- Chart of Dry Ships
- Good Synopsis of US Financial Crisis/near meltdown
- Oil Chart
- Oil records biggest rally ever
- US bailout plan: Why $700 billion
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- Elliott Wave Chart of S&P 500
- Resolution Trust Corporation -Style Help from US Govt
- Warren Buffett Buys Constellation Energy
- Constellation in sale talks- effect of Lehman bank...
- Fed bails out AIG in $85B deal
- Impact of FED rate cuts on stock market
- US markets at 50% Fibonacci retracement
- DOW down 500 points- Still not considered a crash
- Wachovia Corp TA Chart
- Bank of America buys Merrill Lynch
- Global effort in progress to save banks and financ...
- Monday Market crisis- Lehman, Merrill Lynch, AIG
- Lehman chart said everything
- Lehman - is something wrong ?
- Lehman hits new lows
- US Is "More Communist than China": Jim Rogers
- UAUA falls on OLD banktruptcy news ???
- Warren Buffett on Fannie Freddie in August
- Comparing Bear Stearns bailout with Fannie Freddie...
- Fannie Freddie rescued in the biggest bailout ever
- Will OPEC cut in Vienna?
- Oil headed to mid-90s
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About Me
- Sam
- I have been actively trading for the past 3 years. After 2 years of struggling with stocks, I reached an inflection point in October 2006 and have been making good profits since then. I learnt that identifying trends early and focusing on the fundamentally best stocks in that trend is very important. Moreover just fundamentals are not good enough. You need to complement that with good Technical Analysis to pick great entry points and exits. They say a picture speaks a thousand words and I strongly believe in that. I use trendlines, Fibonacci and Elliott Wave theories as part of my TA tool sets. Last but not the least, one needs to keep accurate trading records and have a sound money management system to succeed.
Disclaimer
This is not trading or investment advice. All opinions and posts in this blog are intended for educational purposes only and none of us are liable for any potential damages that may be incurred from this information.
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