[Dear Readers: This will be my last blog update as I’ve figured that I was no longer serving any purpose in writing here. My original plan to attractive a pool of like-minded traders to exchange trading ideas is not forthcoming after almost 8 months blogging. If you wish to ask any question and share information [...]

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Market Commentary
 
The stock market is full of surprises every single day to the extent that there is no more surprise to surprises. On Thursday, the stock market opens with a decent gain of around 100 points before plunging deep to a loss of 380 points, suggesting that the fear in the markets remained strong despite [...]

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MARKET COMMENTARY
The market was bullish for a better part of the day and reached a one-time high of 304 points before backing off. I was watching the development of the market when the U.S. government was deliberating the bailout plan. It was all going smoothly and well until I sensed that the large gain of [...]

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MARKET COMMENTARY
The Dow acted within expectation; i.e., making a minor rebound. However, the volume shrank. So, it isn’t indicating anything other than some short-sellers covered shorts. If the market is still in the bearish mood, it may pick up what was left out on Tuesday. Now, most people are going to look at oil and [...]

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MARKET COMMENTARY
It is another day of volatile trading. Dow made new low and rebounded during the day and finished with smaller a loss. Basically, we don’t see any special for the Dow and the S&P other than the news of a failed small California bank called IndyMac. But that sparked off rumors for more bank [...]

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