Archive for November, 2007

Beware Dow Theory

Wednesday, November 21st, 2007

What is Dow Theory? (more…)

Careful Trading — It’s Thanksgiving

Sunday, November 18th, 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…)

Ben Bernanke — A Must Watch Video

Wednesday, November 14th, 2007

Check out this wonderful video on Ben Bernanke, Fed Chief

CME plans on trading Kospi

Monday, November 12th, 2007

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.

Weekly Commentary Nov 13-16

Monday, November 12th, 2007

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…)

Level 3 Decimation

Friday, November 9th, 2007

Check out this article on Level 3 Decimation

Weekly Commentary November 5 through 9

Tuesday, November 6th, 2007

Last week was very topsy turvey. On Wednesday, the Feds cut the rate by 25 basis points, and the market soared by 137 points. The following day, Citicorp announced a major subprime hit and the Market plummeted 362 points. (more…)