Tuesday, May 25, 2010

Dow hits 7 month lows :( :(

Another 160 point loss today drops the Dow to lows that haven't been seen in over 7 months. With the market correction is dropping much further than most analysts predict, we could still be dropping further if the confidence in the Euro never improves. DJIA now stands below 10000 at around 9800 levels. May 2010 is now considered one of the worst months in market history nearing...
Dow hits 7 month lows :( :(

Stocks set for big sell off

The confidence in the Euro...well there isn't any, and US markets are falling based on this. But there is also some manipulation going on imo news isn't making this drop alone. We may still not be at the bottom of the market. Another 200 point drop today DOW is now at...
Stocks set for big sell off

Monday, May 24, 2010

Disney (DIS) Stock Discussion

DIS is down about 1% after a rough three weeks dropping about 20% from DIS's highs. DIS looks like a buy here as it is on a choppy consolidation pattern with a lot of room for growth. Dis is...
Disney (DIS) Stock Discussion

Dow down another 127 points today!

Nearing the end of May, this could be the worst month since the crash of February/March '09. Just a few weeks ago the Dow was well over 11,000 and now is down over a thousand points...
Dow down another 127 points today!

The Dow made history today

several months of upside and it is all diminished in less than an hour! Down to low 10,000 levels. Thankfully the PPT stepped in...
The Dow made history today

Why bullish market suddently turns bearish?

It is about momentum and panic. This recent correction we all knew it was coming we just didn't know when. Now it is shaping to up to be one of the worst months in months...Why bullish market suddently turns bearish?

Friday, May 21, 2010

Who Really controls the Forex Market?

The 10 larger banks control some of the price action in the Forex market, Smaller institutions, corporate and finally individual traders control the market. A good video discussion is on youtube here by Informed Trades: http://www.youtube.com/watch?v=IcL6-WEvUAA

View Wall Street edition Forum thread: Who Really controls the Forex Market?

May 21st Market Journal

Another big drop in the market after hours set up a small recovery day today but not enough to make up for after hour losses. May is setting up to be the worst month since February '09 according...
Read the full thread at Wall Street Edition Forum: May 21st Market Journal

Wendy's (WEN) Stock Discussion

If we look at the recent price action we've gotten killed these past 3 weeks! From highs of 5.50 down to 4.32, over a 20% loss in such a short term. a bottom here is easy to understand for a long term trade. Look at last years tight range of 4.20-5.00. WEN is a safe predictable bet in an ...
GotO: Wendy's (WEN) Stock Discussion forum thread.