Archives of “Baroda” tag

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Japanese Prime Minister To Step Down

  
Analysis, Economy, Education
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Ichiro Ozawa, secretary-general of Japanese Prime Minister Yukio Hatoyama’s party, asked Hatoyama to step down from his post, Yukio Ubukata, vice secretary- general of the party said in a TV Asahi program today. Ubukata said he expects both to resign before an upper house election next month. Hatoyama refused to resign during a meeting of senior party officials yesterday, Kyodo News reported.

As this action will likely lead to Yen weakness, and thus Euro strength, the most likely result will be a green close for the Nikkei, once again indicating that politically destabilizing fundamentals don’t matter to C++.

Updated at 7:20/2nd June/Baroda

Dow Jones -Hurdles :10209-10315-10350

  
Analysis, Education, US Market
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Double Bottom at 9774-9757 ?

Yesterday spurted by 273 points and closed at 10172 level.

Now ,What to expect ?

 

Just Watch :10209 level

Crossover above this level will take to recent high of 10315-10350 level.

The level of 10412 is Major Hurdle for Bull’s

Three Consecutive close above 10412 wil take to 10630-10703 level.

I will Update about Nasdaq Composite ,S&P500 in afternoon

Updated at 5:37/11th June/Baroda

Take Your Time

  
  Education
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Take your time“Take your time. There are moments in time where you walk into the market and you open up the chest, and there’s a ton of treasure in there. Then there are times you open up the chest, and you get skeletons. And then there are times you open up the chest and it looks good — and then the next day it doesn’t.

Do not ‘over take‘ what the market is giving — or it’s going to carve you up like there’s no tomorrow. And that’s what this market has been about.”

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