The last session report flagged by Tradestars' Grail indicates the Footsie 100 may be about to resume its sinking direction. If the market drops down thru 3760.7 open a short position. On the other hand if prices force up thru 3,948.20 you should regard this possible trade as canned. A stoploss of 187.5000 points should protect you. The better location for a swing trade stop would be
February 28th, 2009 | Posted in Stock Markets | Comments Off
The latest indication suggested by the Grail (tradestars.com version) is that the Dow Index may be about to resume its downside thrust. If price falls down thru 6952.06 go Short (sell). However if price shoots up thru 7,451.13 you should regard this possible trade as canned. A standard stoploss of 499.0700 points should protect you. The better location for a swing trade stop would be
February 28th, 2009 | Posted in Stock Markets | Comments Off
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.
February 27th, 2009 | Posted in Market News | Comments Off
Friday's announcement the government will convert up to $25 billion of its Citigroup preferred stock into common equity represents Uncle Sam's third direct attempt to rescue the floundering bank.The conversion would give the government up to 36% control o
February 27th, 2009 | Posted in Finance | Comments Off
AP - Wall Street ended another unforgiving month with a steep loss after a spate of downbeat news unsettled investors.
February 27th, 2009 | Posted in Market News | Comments Off