| stablevalue.com a blog on stock market and things of interest |
Posted by btr Mon, 13 Oct 2008 23:28:00 GMT
Dow Jones Industrial Average bounced back hugely with more than 11%. It reversed the dramatic slide in the past weeks, but the downtrend line is overhead right now. It would take some time to work it out the resistance or another drop is more likely after hitting the downtrend line.
Use the following link to trackback from your own site:
http://www.stablevalue.com/articles/trackback/542
For the remainder of 2008, I'll be away from the trading desk to spend time with family and for thoughtful reflection upon the new year ahead. I will return on Monday, January 5, 2009. Until then, may you and your... more
Accounting watchdogs are fast-tracking an effort to provide a small dose of "mark-to-market" relief for financial firms. more
I’m shutting things down for the year. Look for posting to return to normal around the middle of January, just in time for earnings (& losses!) season. Post from: Trader Mike On Hiatus more
The housing market hasn't bottomed out yet. Of the top 100 markets, here are 10 with the worst forecasts. more
We’ve made a change as to how articles in our blog are accessed. Daily Observations is open to all casual readers while signing up for a FREE membership entitles you to read Market Barometers, Knowledge Base and to participate in the discussion by commenting in our blog. PREMIUM membership more
This post was contributed by Kelly Kilpatrick, who writes on the subject of currency trading. She invites your feedback at kellykilpatrick24 at gmail dot com. Each day, more and more traders are leaning toward automated trading. Far more precise and less prone to human error, automated trading trul more
A desire to predict the future is an ancient human trait but we are no good at it. The Oracle was vague for a reason, writes Michael Skapinker more
The companies are to establish a nuclear fuel fabrication joint venture, giving the French group better local access to a market it has struggled in more
Last week I discussed the resiliency of the market and the increasing ability to hold up or even rally in the face of bad news. That resiliency was on display again Friday morning as the indices sold off ahead of the open on news the Senate failed to pass the auto bailout and more detail more
As the bear market becomes situation normal, successful investing has become more a matter of "my stocks are down less than your stocks." But should it be? The old adage is that any fool can make money in a bull market and we saw that writ large over the past couple of years. Making money in today's more
Shares of the Australian hedge-fund manager plunge over 50% after it suspends redemptions in three funds with immediate effect, citing "deteriorating liquidity in underlying investments." more
It is a quiet ride, except for the rumble of the tracks and the very faint hum of the M25, which passes through Chorleywood in its orbit of London. London commuters consider conversation with strangers to be symptomatic of mental instability. More to the point, passengers are too horrified by tales more