Still think we should buy STG around 1.5850

This is a brief update. I acknowledge it is silly to project the pattern that the market will trace. If I were to do some wishful thinking, then it will be an ending diagonal triangle like what is shown on the chart. Take care. Ramki

KWSE near a short term low

The Kuwait Stock Index is approaching some short term objectives between 10500 and 10760. Expect a recovery to around 11500 as a first step, and later on to 12200. It is likely that this move will not be a simple and straight move as there are many badly bruised...

USD/YEN is a sell on next recovery

Anyone who has traded the Yen knows that it is a different animal from the rest of the pack. But there is one undeniable fact about this currency, it is a trending currency. Once it sets off on a trend, it stays with that trend for a long time. I am not going to say...

Be ready to buy Citi on the next dip

The market gives some subtle clues to the alert investor of an impending bottom. One such clue is a diagonal triangle at the bottom of a fifth wave. Citi has come a long way from $40 where I had recommended you to sell. Now it is time to make a medium term investment....

A look at the bond markets

I was reading an interesting post by DR. Bret Steenbarger at http://www.traderfeed.blogspot.com/ on the above subject and decided to look up MUB. As everyone in this business knows, timing is the key to success, and since my own blog deals with how to trade (and...