After the commencement of the second Iraq war, it took 10 trading days for the market to ceased decline and reversed itself. there were much stronger commitment to the war from U.S. and its allies then than now. Use that as a benchmark, you shall have pretty good idea how this Libya war will...
After first round of strike, Libya motivated to show the "atrocity", 48 people dead. Apparently the strike is not effective. The war may protract and impact on the market is going to longer than people thought.
This saying that Chinese is innately inward looking and do not venture out is propagated by Chinese and some Westerners. I do not believe it, Chinese behavior is a matter of circumstance, although the circumstance may be profound and long lasting. China was surrounded by natural barriers hard...
It is the Libya oil at work; China had big contracts with Libya, its interest will be taken care of no what outcome will be. Arabs and Bin Ladin dislike Gadafi for his close ties with African Union and distance to Islamism. West will gain more oil with regime change, even Bin's dudes are in...
According to Obama's speech and White House official interpretation, U.S. is not going to use offensive force. It will be interesting to see if 'Old' Europe can still fight.
Japan's nuke disaster upgrade did not worsen the market much, which means its impact on the market has been priced in unless something dramatic occurrs there. But the expected Libya war may send the market into afressh dive again, but it will be short lived and will bounce back right way...
The radiation will be confined locally by the precipitation: http://www.bloomberg.com/news/2011-03-15/japan-s-weather-to-turn-to-freezing-snow-in-quake-hit-areas.html
When people are losing money in the market, they some times try to rationalize it, calling crash, world war, revolution, dooms day etc. You need to look at yourself first and to say something is not working there. :D
NG seems to be a good alternative to OIL and gaining momentum, publicity. But timing is the key. A lot of traders will lose a lot of money for going long on NG. :D
SPY crashed 10 some points to 132 on IB chart this morning. But it did not hit my stop which is way above 132. It is trading 132 now.
Is this just faulty IB charting software, printing false prices?
Dear, when you have something close to 0, it is not hard to double it.
Have you seen a video that an Indian catching rats for a living, his pay is the rat he caught. Only thing for him to contribute in doubling gdp is to catch twice as many rats.
Indian elites do not even identify their...