What is Dow Theory? (more…)
Archive for November, 2007
Last week we saw a market unwilling to move forward. On Tuesday, the Market was up 320 points. But Wednesday and Thursday, the Market gave back most of the win. It was not until the last 20 minutes of Friday’s trading that the Market decided to put 60 points on the board, too little too late. (more…)
The CME announced that it would begin offering the Kospi 200 futures contract on its Globex trading platform. The agreement, however, does not include the Kospi options. Very little trading is done on the Kospi 200. Most of the trading is the Kospi Options.
In speaking with the Chicago Board of Options Exchange, they said they had no intentions of offering Kospi Options to trade.
Shadowtraders moved one step closer to being able to offer Kospi Options trading to the public. Shortly a U.S. Clearing firm will be announcing that they will Clear the KRX options. This has stopped Shadowtraders from moving forward.
Additionally Shadowtraders is completing its efforts to chart the Korean options and provide a live datafeed. Stay tuned for future developments in this.
Last week was very topsy turvey, just like the week before. On Tuesday, the Market bought and bought and bought the Market up over 100 points. However, on Wednesday, Thursday and Friday, the realities of the Subprime disaster set in. (more…)
Check out this article on Level 3 Decimation