FCPO Crude Palm Oil Futures Trading
PROGRESS - IT IS ABOUT MOVING FORWARDS, NOT BACKWARDS. "Two steps forwards one stop back, not One step forwards two steps back." Comprender? These are chronicles of my rambling thoughts on the market, and should not be construed as trading advice. If you don't like the content just hit the 'back' or 'close' button on the browser
Monday, November 10, 2008
Friday, November 07, 2008
20081107 Bad news pervade the market, including NFP, GM may go bankrupt next year, LV Sands casino company may not be able to raise the funds to fulfill their casino ventures in Asia. But.... the market went UP. To me, the current selldown looks like the right shoulder of the inverted H&S pattern forming... We'll see in the weeks ahead what happens.