What is Dow Theory? Read the rest of this entry »

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. Read the rest of this entry »

Check out this wonderful video on Ben Bernanke, Fed Chief

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. Read the rest of this entry »

Check out this article on Level 3 Decimation
http://prudentbear.com/index.php?option=com_content&view=article&id=4809&Itemid=53

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. Read the rest of this entry »