| stablevalue.com a blog on stock market and things of interest |
Posted by btr Tue, 03 Feb 2004 01:35:04 GMT
I hit my head when missing the spike 1131 to 1136! It happened seconds after closing a long position. After lunch, a short worked ok although the target was set at 1135 missing half of the plunge. Oh well, I was not watching the market anyway.Increaded LFC position. It's moving down lately. Likely it may find support at 25, its IPO price.
Closed SUNW position. I may reopn it when it breaks out or continues building base around 5.5 level.
The dollar resumes an upward track against the euro but slips slightly against its Japanese counterpart, as investors’ lingering fears about the euro zone's debt problems lead them to seek lower-yielding currencies. more
U.S. stocks erased losses and finished higher Monday after the euro rebounded from a four-year low and gained ground against the dollar, despite lingering worries about Europe's financial crisis. more
China Distance Education Holdings Limited ( more
The analogy I had been using over the past few months to describe the action in the market to my members is that of a majestic skyscraper, each story beautifully built, higher and higher to the heavens. Just one problem.. they skimped on the foundation. So, as the glorious skyscraper neared th more
What a day! I made a comment on facebook today as the Dow was climbing back from -1,000 that this was a once in a career day. You just don’t see 10% slides in major indices within minutes very often. There’s a lot of talk about some fat-fingered trades and technical issues [...] more
Got an interesting press release this morning from the Nasdaq OMX Group, which runs the Nasdaq stock exchange. more
Under the new deal, Iran says it would send 1,200 kg of its stockpile of low-enriched uranium to Turkey. In exchange it wants 120 kg of uranium enriched to a higher level (around 20%) for a research reactor which produces isotopes that can be used in medicine (typically for the treatment of cancer), more
Most traders, from beginners to professionals, know that keeping a trading journal is an important aspect of trading as a serious endeavor or career. Keeping a trading journal however takes effort and is all too easy to just brush aside and ignore while focusing on other areas in your trading. In th more
Silicon Valley chipmaker Integrated Memory Logic raises $44m after choosing the venue over Nasdaq, the Tokyo Stock Exchange and the Hong Kong Stock Exchange more
How can business leaders persuade the government to create an environment in which manufacturing is revered and nurtured, asks Dick Olver more
Most Asian stock markets were lower Tuesday, with chip and flat-panel makers pressured by Samsung's record capital-expenditure plans while China shares were extending Monday's sharp losses. The Nikkei was up 0.5%. more
Q: Like countless traders, I saw many of my positions stopped out last week, only to see them rebound to at or near where they were before the "flash crash" (e.g. AAPL). As you reflected in your recent comments, traders... more