Was that the stock market bottom?

by | Oct 11, 2008 | S&P500

All you have to do is to search in Google (< click here) and you will see a lot of people talking about market bottoms. Let me share with you a secret. If there is one single reason why I have lost money on some of my trades, it is because I had this vain notion of...

Euro is in bear market rally

by | Oct 9, 2008 | Euro

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been doing precisely this, undergoing a...

EURO recovery is only temporary

by | Oct 9, 2008 | Euro

We have had a fairly straight forward decline in the EUR/USD from 1.4565 area. All corrections till recently have been quick and relatively simple in structure. This means the time is ripe for a complex correction. The euro has been doing precisely this, undergoing a...

Gold is doing its final lap

by | Oct 8, 2008 | Gold

Quite a few investors and traders whom I know have been betting big on Gold. For them, this post should should serve as an early warning of what is to come. Once the current strength wanes, the metal will simply fall off a cliff. The sell-off will be both swift and...

Sterling has more room on downside

by | Oct 7, 2008 | GBP

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The market is really nervous about which other big institution is sitting there with a load of worthless assets. ( As an amusing aside, this quip, also from...