Tag Archives: fifth

S&P500 Update: May 19, 2009

Posted on May 19, 2009 by Ramki

One of the hardest decisions a trader makes is to take a punt against the current trend. It is seldom profitable immediately, and he worries how far away the market will go before his view becomes the accepted thinking. The … Continue reading →

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S&P500 ready to dive?

Posted on May 14, 2009 by Ramki

On 5th May I presented you with this chart. The market more-or-less behaved as expected. In a more recent update I warned you to be patient until we get the first clue of a topping out is shown to us. … Continue reading →

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S&P500 continues its rally

Posted on May 5, 2009 by Ramki

The 886 level in S&P didn’t hold for long, and any shorts there should have been stopped just above that level. The market continues to remain strong, and there is a pretty good chance we will reach 937. See what … Continue reading →

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Sterling has more room on downside

Posted on October 7, 2008 by Ramki

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The market is really nervous about which other big institution is sitting there with a load of worthless assets. ( As … Continue reading →

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