SEC accuses Stanford of Madoff-type scam (AFP)
AFP – The US financial regulator has accused Texas financier Allen Stanford of committing a multi-billion-dollar fraud like that of Wall Street swindler Bernard Madoff, documents showed Saturday.
Archive for February, 2009
Wall Street slides after Citigroup-government deal (AP)
AP – Wall Street ended another unforgiving month with a steep loss ? one that left the Dow Jones industrial average at less than half its record high.
Very strong signal identified … Telecom giant Cisco
The latest indication flagged by Tradestars.com’s Grail Indicator indicates that the Cisco Stock is about to resume its downward thrust. If the market goes downwards thru 14.3 open a short position. If prices first rise up thru 15.21 this possible trade should be abandoned – wait for a better opportunity. A standard stoploss of 0.9100 points should suffice. A far tighter place for the swing trade stoploss would be
Strong Short openings tracked for CAC 40 Index
The most recent generated information flagged by Tradestars’ Grail makes us suspect the market may resume its dropping direction. If the market drops down thru 2644.19 open a short trade. If prices first rise up thru 2,769.57 abandon this opportunity and wait for another. A stoploss of 125.3800 points should be adequate. The better location for a swing trade stop would be
Strong Short probability possible for Dax Index
The latest heads up from Tradestars Grail Indicator suggests that the market may resume its down thrust. If the market drops down thru 3764.69 consider taking a short trade. Should the market move up thru 3,989.63 dump any idea of a trade and wait for a better opportunity. A stoploss of 224.9400 points would be wise. The better location for a swing trade stop would be
