ONE of the biggest events in the Muslim calendar, Eid al-Adha, which begins this weekend, is supposed to be a festival of sacrifice. On November 25th investors in Dubai were given an early chance to get into the spirit of things. The emirate’s government asked creditors of Dubai World, one of three big government-backed conglomerates, [...]

Dubai Hide

As we see the futures getting hammered on the Dubai news, it’s important torevisit market sentiment. As we noted last week, sentiment had become extremely lopsided. The AAII reported their latest bull/bear data Thursday and the latest reading on bullish investors reached levels seen on rare occasion over the last year. We have seen just 4 readings [...]

stock market, trading strategy, US Hide