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Benny Lee
http://www.investlobby.com/p/about-investlobby_30.html
October 24, 2008
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Principle #1: Trading is a performance activityThis is the core idea behind my most recent book. Like the playing of a concert instrument or the playing of a sport, trading entails the application of knowledge and skills to real time performances. Success at trading, as with other performances, depends upon a developmental process in which intensive, structured practice and …
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and the US Fed should shut down... "Legendary Investor" Jim Rogers interview on Bloomberg. Jim Rogers also mentioned previously that government bailouts will cause hyperinflation. He's right many times...Price of major commodities from early 2008 to current time (17:20pm +8:00 GMT):Charts created from NextVIEW Advisor ProfessionalN.I.N.E.
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Daily market indices chart from October 1 to November 11, 2008 using NextVIEW AdvisorLatest News:Obama urges action as Asian, European data gloomyNEW YORK (Reuters) - U.S. President-elect Barack Obama urged the Bush administration to back a second economic stimulus package and aid the ailing auto industry on Tuesday, after fresh reports of economic weakness in China, Japan …
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Stock markets reaction were mixed around the region as uncertainty continue to cloud investors minds. Many are waiting for fresh leads to enter the equity markets but worried about the worldwide recession that is in the process now. Below are how the equity markets fared:World Indices Quotes snapshot from NextVIEW AdvisorThe fear of recession has also lean price of …
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Stock markets around the world took a plunge yesterday when Malaysia and Singapore were celebrating the Hindu festival of lights or Deepavali. The Kuala Lumpur Composite Index fell more than 50 points in the first half hour of trading. At current time, the benchmark index stands at 806 points, 52 points or 6.1% lower than previous Friday's close. The Singapore Straits Times …
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The Eurozone crisis has helped price of crude oil to rise and US dollar to strengthen. Together with expected lower output in November and higher exports, these factors caused price of crude palm oil to rally in the past one month, Crude Palm Oil Futures (FCPO) on Bursa Malaysia increased from RM2,800 levels a month ago to the current price of RM3,248 per metric ton. In my …
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After falling to a low of 1,353.45 points on Monday the FBMKLCI settled at 1,393.69 points on Thursday. The benchmark index managed to close 6.23 points higher on a week-to-week basis. The market was volatile for the past one week with the FBMKLCI trading between 1,353.45 and 1,403.01 points. Trading volume was relatively lower. 880 million shares were traded on a daily …
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The price of crude palm oil futures (FCPO) in Bursa Malaysia is still trading sideways in a range between RM2,950 and RM3,080 per metric ton for the past one month. The December futures contract price closed near the range high at RM3,078 on September 16 shows that the market was somehow bullish, which is almost the same level a month ago. It is currently near the resistance …
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The first feature to note is that the Straits Times Index does not show any end of trend pattern such as a head and shoulders or a rounding top. This doesn't mean the trend will not end, but it makes it more difficult to set downside target objectives.Read more HERE.
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It was a bearish market last week with the FBMKLCI closing 1.8% lower in a week to 1,440 points Wednesday, weighed down by Tenaga Nasional. Market sentiment drops as Greece once again is expected to default and may create a ripple effect in the global economy. For the past one week, the FBMKLCI traded between 1,436.71 and 1,480.33 points. The close near the low shows the …
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