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I Don’t Like What I Hear


So Bush and Bernanke spoke yesterday (or is it earlier today? — jet-lagged here, currently on transit “somewhere”) but I don’t really like what they have to offer. Bernanke spoke that The Fed will do everything it can to save the financial industry, ahem, I mean credit crunch. Those speech in retrospect will make the [...]

The Fed Discount Rate Slash Is Not A Cure


On Monday we see a very nervous session with Dow Jones trading on a very narrow channel early session. Dow even managed to break down that channel as far as 12982ish although closed up 40+ points. The market, through this chart below, told us that the fed discount rate isn’t exactly the cure that they [...]

We Love You Bernake!


Okay, I was wrong. Bernake, the chief of America’s Federal Reserve, announced that the interest rate will only increase by 25 basis point, lower than the expected hike which is 50 basis point. This gives a clear signal to the market that things might going good. To add to that, he also delayed the interest [...]

Another Negative Closing


Oh my God… Not again…

The regional is not looking so good either. AORD Aussie is down by 2.43%, Hangseng is down by 2.48%, Nikkei225 is down by 4.12% (the biggest one day percentage lost in two years), Singapore’s Straits Times is down by 1.93%, and JCI Indonesia is down by 2.87%.
This regional plunge (or should [...]

JCI is Searching for Bottom


The JCI (Jakarta Composite Index) is going down for three days straight now leaving a 2 break-out gap between it.

So what actually does this mean? I hope that I can do more technical analysis on it as requested by Mas Carlos but unfortunately I can’t.
This week I have my end-term test and tomorrow’s topic will [...]


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