Thursday, April 28, 2016

Price action states otherwise.... 

FKLI: A pause in an uptrend....

Tuesday, April 26, 2016

1MDB Says It's in Default After Missing Interest Payment
2016-04-26 01:32:23.129 GMT

By Shamim Adam
    (Bloomberg) -- 1Malaysia Development Bhd. said it didn't pay $50 million of interest on a $1.75 billion bond amid a dispute with Abu Dhabi's sovereign wealth fund on who should be making the payment.
    The company said it's withholding an interest payment because Abu Dhabi's International Petroleum Investment Co., which is the co-guarantor of the bonds maturing in 2022, hadn't met the obligation either, according to an e-mailed statement ahead of a deadline on Monday night in New York.
    "Whilst 1MDB has the funds to have made the interest payment, it is 1MDB's position, as a matter of principle, that it was IPIC's obligation to do so," the company said. "Until IPIC accepts that all obligations have been met, 1MDB is obliged to withhold payments and will seek legal recourse and resolution."

Monday, April 25, 2016

To all the Heroes....

Saturday, April 23, 2016

Friday, April 22, 2016

Quiet market, the traders are complaining.... However a nice downtrend...

A beautiful up trend in Soybeans....


"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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THE END OF AN ERA

From Dragons and Bulls by Stanley Kroll
Intro and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet/a>
Long-term v Short term trading
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