MRKT LAB
MRKT LAB


avril 2006 Archives
avril 24, 2006

Four Year Static Cycle Analog: The peak of the previous 4yr cycle occurred on MAR 19 2002 for the S&P500. Then, a decline of ~33% followed into a JUL 22 vortex low. Seventy (70) trading days prior to the S&P peak in 2002, the NDX printed its 4yr crest (12/05/2001).

The NDX printed its 4yr crest on JAN 11 2006.

JAN 112006 + 70 Trade days = APR 24 2006



Posted @ 1:02 AM | Permalink
avril 10, 2006

Many copper watchers have grown concerned that the $6,000 a tonne price has completely decoupled from the fundamentals. “This copper market doesn’t make sense – we have said since last year that there isn’t a shortage,” said David Threlkeld of Resolved, an Arizona-based metals advisory firm. “The market is not being driven by fundamentals, but rather something else.”

Mr Threlkeld, who blew the whistle on the Sumitomo copper scandal in the 1990s in which trader Yasuo Hamanaka hid $2.6bn in losses, believes there is some form of market manipulation taking place, and that it will end badly for some in the market.



Posted @ 12:42 AM | Permalink
avril 8, 2006

"I think some people may be pushing President Bush in the wrong direction.
I don't think the U.S. can impose its will on others. This talk of pre-emptive strikes, of ignoring the U.N. Security Council and international legal obligations--all this is leading toward a dark night."

- Mikhail Gorbachev (APRIL 2, 2006)



Posted @ 12:27 AM | Permalink
avril 6, 2006

Confluence of daily/weekly pivot indications for the Sensex (main indian equity index).

Sell Sensex @11,746 (IFN @52.25) | Fx unhedged
The signal becomes void if prices have not turned lower over the next 11 trading days (time stop).

View image



Posted @ 1:57 AM | Permalink