Here is a link to a well done video by the Financial Times on the collapse of Lehman Bros.
A list of the largest bankruptcies in U.S. history as compiled by CNBC.
Showing posts with label Lehman Bros. Show all posts
Showing posts with label Lehman Bros. Show all posts
9/16/2009
10/20/2008
9/15/2008
We Know Crude Will Go This Low
Daily Crude Oil Chart
Needless to say it was an interesting day in the markets. As I write this the DOW is down a couple of hundred ticks, Lehman Bros is bankrupt, Merrill Lynch has been purchased by Bank of America, AIG is in trouble, crude oil is down to $95, did I miss anything?
My focus stayed on crude oil, I have been looking at 8 tick renko bar charts for a while now, and traded them today. My rational is to focus on one chart rather than the 5 and 13 tick renko charts.
I always keep a 3 minute chart around, but today traded off the 8 tick renko. Results were mixed as the huge down move happened before the New York session opened. The floor session spent the day floating long and short with no real direction.
8 Tick Crude Oil Renko Bar Charts
Needless to say it was an interesting day in the markets. As I write this the DOW is down a couple of hundred ticks, Lehman Bros is bankrupt, Merrill Lynch has been purchased by Bank of America, AIG is in trouble, crude oil is down to $95, did I miss anything?
My focus stayed on crude oil, I have been looking at 8 tick renko bar charts for a while now, and traded them today. My rational is to focus on one chart rather than the 5 and 13 tick renko charts.
I always keep a 3 minute chart around, but today traded off the 8 tick renko. Results were mixed as the huge down move happened before the New York session opened. The floor session spent the day floating long and short with no real direction.
8 Tick Crude Oil Renko Bar Charts
Subscribe to:
Posts (Atom)