Ferengi Traders

Chinese UFO

2008-06-17T07:33:00.001-06:00

A Chinese company develops a UFO that actually hovers at 50 mph.

Alien Footage In Colorado

2008-05-29T13:00:00.001-06:00

New video footage of a live alien in Colorado.

Monkey See - Robot Do

2008-05-29T12:50:00.003-06:00

Check out this article where a monkey is able to control a robot arm with it's brain. Huge expansion for paraplegics and prosthetic limbs. A small penny stock I used to follow is creating similar advances look at Cyberkinetics Neuro Systems (CYKN).

Skynet For Shizzle

2008-05-15T15:11:00.001-06:00

Check this out! Straight out of a terminator movie, the air force is trying make a real life version of Skynet.

Technology and Loophole

2008-05-15T15:02:00.002-06:00

Now I personally find smoking gross and distasteful, but I also find nanny-states to be ridiculous and unconstitutional. I understand smoking bans in public places but not private bars and clubs where people can choose to not be a patron. Anyway you put technology and a lawyer together and you can get around the smoking ban. Once again not publicly traded.

In The Almost Cool Segment

2008-05-15T14:40:00.002-06:00

A very overpriced tripod by a none public company, which would have been great during the real estate boom.

Speaking of Ironman...

2008-05-15T14:29:00.001-06:00

Check out this new exoskeleton being developed by Sarcos Inc (not publicly traded). The birth of a super-soldier?

Creative Accounting Keeps Inflation Under Control

2008-05-14T07:42:00.004-06:00

No doubt you have heard us rant about the government not counting energy, food, and housing as inflation when they refer to "core" inflation. We all certainly know that the core part of our everyday lives certainly don't include energy, food or housing, right? (In case you aren't picking up on this, it is dripping with sarcasm.) Today's CPI report sees the largest rise in 18 years for food prices but energy has stayed the same when the Department of Labor readjusts for seasonal cycles. No doubt your paycheck is readjusted for seasonal cycles just like ours!

What a load of B.S.!

The True AMERICAN IDOLS!!!!

2008-05-14T06:43:00.005-06:00

Here are America's True American Idols!!! ENJOY!!!!!

What can I say, it was a good laugh

Watching the Watchlist

2008-05-13T08:26:00.005-06:00

Here we are in another week of trading and there is still money (latinum) to be made. I think there are a lot of stocks out there that are either on the verge of bouncing and starting on heading up or have already turned and marching forward to a new top. Use these stocks to start building your own watchlist and keep an eye on those break outs. Here are some stocks that that are at a resistance level and verge of a break out and possibly it will put the oo-mox back into your trading....

BBV - CNQR - DECK - DNR - DV - FLIR - GMCR - MPWR - MVL - OTEX - PSEM - SDA - STD - WRNC

I like MVL because they know how to make a great movies like Iron Man and also the Hulk this summer along with the merchandising that comes with it should be huge.

A good movie made from a comic book equals a lot of money. So keep an eye on it.

These are just a few of my favorite things. Have fun with them.

Bernanke Sees Improvement

2008-05-13T07:19:00.003-06:00

Bernanke is seeing improvement in the financial institutions. I think we will see a few more reports like this over the summer as the Fed sets up to finally address the inflation issue. Due to the elections the Fed will be afraid they might be seen as trying to influence the outcome so they will hold off on interest rate hikes. If the "good news" comes earlier we may see hikes sooner and then a lull during the election. Be sure to watch Wednesday's CPI report.

This Says It All

2008-05-12T17:19:00.003-06:00

These doesn't have anything to do with trading but they are hilarious, I mean really, how do you pass up a Monty Python reference.

Or a Stuart Smalley reference...

Enjoy!!!!

Citigroup Fire Sale!

2008-05-08T18:47:00.001-06:00

Everything must go at Citigroup, well almost everything.

Cool Pen and Cool Technology

2008-05-08T11:21:00.004-06:00

You may have seen this spotlighted on CNBC about the company called Lightscribe that has produced a smart pen. Basically, it is a very, very small and smart computer.

Even though this company isn't public yet, there are a lot of possibilities with this type of technology. Apparently, the owner of Lightscribe use to work for Leap Frog Fly division of the Leap Frog company (that company that your children know about even if you don't.) You write on the special paper and it is stored on the internal hard drive plus much much more. You can read about it here.

Cornerstone Growth

2008-05-06T20:57:00.004-06:00

Using similar criteria to Wall Street legend William O'Shaugnessy's Cornerstone Growth Fund I look for undervalued stocks in strong industry groups showing long-term relative strength. Check them out:
CALM - Uptrend with momentum, 10.5% dividend yield
AKS - Support bounce off a 30-day moving average
KOP - Pennant flag break out, 1.86% dividend yield
CQB - Support bounce off a 30-day moving average
FLR - Support bounce off a 30-day moving average beware of $170 as resistance but allow room for a break
ACU - Retesting an ascending triangle
BG - Support bounce
WMT - Pulling back look for a bounce or bull flag, 1.64% dividend yield
NM - Broke resistance w/ volume, 3% dividend yield
GSI - Awesome fundamental stock, Bull flag for a target of $13.50 in the short-term but don't be afraid to let it run
MEA - Forming a bull flag as it is retesting a major resistance break from last month
MAN - Last 6-months has been consolidating and reversing now making a higher low

Spider Surveillance

2008-05-04T08:50:00.003-06:00

Another awesome Star Trek type technology will soon be available to for Military purposes. Check out the new Spider Surveillance tool. This new technology is being developed by a small over-the-counter company by the name of BAE Systems (BAESY.PK). The long-term trend is up but the stock is currently consolidating in a sideways trend, fundamental data is sparse.

Buffett's Credit Crisis Insight

2008-05-03T19:44:00.002-06:00

Is Al Gore also the inventor of Green Investing?

2008-04-30T09:01:00.003-06:00

You all remember that Al Gore invented the internet, don't you? Well, now Al Gore is getting into green investing with a huge fund called "Climate Solutions Fund." The fund and investment vehicle, which has been headed up by Al Gore has raised about $683 million to fund "early-stage environmental companies" and leverage its capital toward the green movement. Can you imagine what kind of influence it could start having on companies to go green or greener? This fund will be the biggest "green fund" in the investment market.

So, he couldn't be president. I think he is very happy with that now. He probably will be able to have more influence and make a hell-of-a-lot more money being GREEN!

Are Biofuels the Problem?

2008-04-29T07:15:00.003-06:00

Energy prices are going through the roof and as I wrote the other day that prices may go to $10 a gallon, the emphasis has been on alternate energy solutions. This has created opportunities for alternate energy companies to cash in on the hype and demand. Biofuels have filled this new demand and has also created a growing (no pun intended) problem. Since biofuels is grown on farms and creates ethanol, this has caused a problem on the world food supply. Recently, US Secretary of State Condoleezza Rice spoke on the increasing world food prices.

Since the all the rules of acquisition are all about profits and gaining as much as possible, can you fault farmers in taking the initiative to gain as much of it as possible? Here are some biofuel stocks that I am looking at currently and really see if some profits can be made.
ADM
BG
BP
CAG
CVX
MON
PEIX
RDS.B

One little wrinkle in the whole genetically modified seeds that is the largest component of ethanol, is that the UN has created a task force on world food prices. This may cause a problem with the worlds largest genetically modifying engineering of biofuels company, ADM. They have already halted construction of 2 plants for creating biofuels.

What do you? You want to help the environment but do not want to pay the price? It is cause and effect theory.

Can you afford $10 a gallon????

2008-04-28T18:19:00.002-06:00

What is your personal threshold of pain at the pump? A recent article states that we could see $200 a barrel and consumers will see $10 a gallon of gas at the pumps because of increases in the oil prices. OPEC says it is due to the lower dollar price. What do you think? I would like to think that there would be some major drilling in Alaska or other places in the nation before that happens. Here is an idea, you can use your tax stimulus check from the government to pay for your gas fill ups!

Renewable energy legislation will be pushed through and stocks like FSLR. So, start putting in those solar panels now or buying carbon offset!!!

Gene Therapy gives Sight

2008-04-28T07:55:00.003-06:00

I don't think Genentech (DNA) was involved in this fellow getting his sight back but they are the first that come to mind when reading the article.

Worldwide Water Woes

2008-04-28T07:15:00.005-06:00

Clean water it is becoming even more difficult to obtain throughout the world due to growing population and poor stewardship of current resources. Read through this long, long, article and see if you don't want to purchase the Water Resource exchange-traded fund (PHO). Maybe I will become a moisture farmer like those on Tatooine.

Robotics Improving Heart Surgury

2008-04-28T07:04:00.004-06:00

Check out this article it really sounds like something right out of Star Trek. I was trying to track down the company who manufactures the robotics but no luck so far. Here are a few penny stocks it could be but neither of them are very impressive right now: Cell Robotics International Inc. (CRII), Apogee Robotics, Inc. (APRB), and Innova Robotics & Automa (INRA). Please comment if you know the maker.

SWEET! Oomox Trader found the right stock it is Intuitive Surgical ISRG.

Nuclear Power the ONLY Real Alternative

2008-04-25T12:02:00.006-06:00

In light of the food shortages caused in part by alternative foods, nuclear power is becoming the only real feasible alternative energy source. Currently wind and solar can't create the capacity needed, once again bringing us back to Nuclear Energy. Even the founder of Greenpeace believes it's time to assimilate it as an alternative. The exchange-traded fund for Nuclear Power is NLR, which gives you a way to profit.

Numerous States Already Feeling Recession

2008-04-25T07:43:00.005-06:00

The AP is reporting 23 states are struggling with lower tax revenues due to the recession.

ETF Watchlist

2008-04-23T16:17:00.004-06:00

If you are looking for diversification here are some ETFs that I like.
Basic Materials XLB - Broke out last week and is retesting
Consumer Staples XLP - Still trending sideways but is showing relative strength, historically a very strong industry group during a recession
Energy XLE - Broke resistance about a month back and is finally pulling back some, buy on the bounce
Utilities XLU - Low interest rates drives investors to the markets looking for high dividend yields

Are they Vulcan ships?

2008-04-22T21:24:00.002-06:00

I don't know if they are Vulcan ships or night but some very interesting lights have been seen in the Phoenix night sky recently. Here a more pictures and a video. It might be easily explained away as sky laterns from a wedding yet more of the same were found in Florida.

Food Shortage Hits Home

2008-04-22T21:21:00.002-06:00

The world wide food shortage is hitting the San Fransisco treat.

Good Earnings or a Sham?

2008-04-18T08:11:00.003-06:00

80% of companies have met or beaten earnings estimates so far this quarter. Before we get too excited about this number let's remember that most of these are readjusted earnings. It's like setting a goal to lose 20 lbs and months later you are celebrating the fact you only put on 5. We are not out of the woods yet and the Fed needs to still address the inflation issue.

Consulting: If you can't be part of the solution, there is good money in prolonging the problem.

2008-04-18T07:52:00.003-06:00

The business services industry group has been performing well because of the economy. Many of these companies specialize in helping companies become more efficient and profitable. A bad economy is good news for many of these firms as they will be called upon for consulting insights and help. Others simply serve businesses in the day-to-day functions and were outperforming the markets in 2001 and 2002. All of them are uptrending or within a basing pattern.

ADP - Automatic Data Processing
ERES - Eresearch Tech
FCN - FTI Consulting
GPN - Global Payments
HEW - Hewitt Associates Inc
HIL - Hill International
IBM - International Business Machines
IT - Gartner Inc.
MA - Mastercard
MAN - Manpower
MCHX - Marchex Inc
NCI - Navigant Consulting
PAYX - Paychex Inc
PRAA - Portfolio Recovery Accociates
VVI - Viad Corp
WW - Watson Wyatt Worldwide
WXS - Wright Express Corp

Hedge your Shopping List

2008-04-16T09:52:00.007-06:00

Assuming you're not one of those people who work for the Fed who believe that food and energy don't count as inflation, you have probably noticed the rise in food costs. The world is seeing inflation from a rise in demand for human consumption and energy alternatives. You can actually profit from this phenomenon by investing the DBA Agricultural exchange traded commodity fund.

Value and Dividend Watchlist

2008-04-15T08:11:00.005-06:00

This is a list of stocks I like that are fundamentally strong, low valuations, great dividend income, and are uptrending or within a basing pattern.

Symbol - PE Ratio - Div Yield

AZN - 11 - 6.79%

TOT - 8.5 - 4.00%

BDK - 8.5 - 2.54%

COP - 11 - 2.36%

TCK - 12 - 2.19%

MT - 11 - 1.80%

SAFM - 9 - 1.44%

Oo-mox Watchlist

2008-04-10T22:39:00.007-06:00

As an investor, I would consider myself more as a currency trader but I also trade in the equities market. Trends and pattern breakouts is what I look for in the markets and they are all over the place. As you get better and with practice, you will start seeing them in your sleep. (Yeah h0ney, I swear I don't see a double bottom when you where that dress....)

My current watch list is made up of several different stocks and some currencies. I am looking at mostly with a technical analysis view on each position. As time goes on, I will follow these stocks and bring some more and take some away. Tell me what your thoughts are going forward.

URBN

The first is Urban Outfitters Inc. (URBN). Currently, URBN is bouncing off of a long term channel and has a 5 point move possibility. There is also a long term resistance at $33 and if it breaks, then we could see the stock breaking and hitting $37. I will definitely be watching this stock.

AGU

My next stock that I am watching is AGRUM Inc (AGU). I love this type of set up because it is setting up to be a ascending triangle. If this pans out and breaks the tested resistance of $75, we could see a $20 move from the break of $75 area. It may test the resistance again and break down to the diagonal support and then break. We will see, wont we!!!

EUR/USD

Now, I thin the best one yet because our good old greenback is not doing so well and may have some breaking down still in its future, at lest into summer. Therefore, I think this pair will run through 1.5900. This pair is setting up a nice ascending triangle and with a potential 600 pip move before it gets too extended. With the financial s companies still looking for handouts from the government and lending to retail clients dried up like a tight sphincter, and still more write offs still not taken, we will see some more weakness in the dollar. Watch this one carefully.

Liquidity Translation

2008-04-08T08:47:00.002-06:00

The Fed continues to open up liquidity through the Fed window and lower interest rates but what has it done for the banks? The banks are able to work their day to day functions but they haven't opened up their own lending windows.

The Cure for High Oil Prices

2008-04-03T11:49:00.006-06:00

Can more regulation and more taxes somehow bring down oil prices? What in the heck are they thinking in Washington. Commodities and stocks work in long-term 18 year cycles. That is what happened in the 1900s, 1930s, 1970s, and today. It isn't government conspiracy or Bush and his big oil friends who want to drill in Anwar it is demand from China and India coupled with a weak dollar. This is the price we pay when 3rd world countries progress and our Monetary policy makers lack backbone. Rejoice in the wealth being built in these countries and realize eventually, supply will meet demand through new wells, efficiency gains, and alternatives. It is not an over night fix so be ready to endure high inflation for quite some time. There are plenty of ways to profit from this commodity boom so become educated. Read the not so well written but sufficient book "Hot Commodities" by investing legend Jim Rogers!

Interesting side note, the week of Black Thursday just before the Great Depression, congress was holding hearings on how to tax the railroads for their "windfall profits". You gotta love government. I bet if you looked back in 1999 when oil was trading around $11 a barrel congress was looking for a way to subsidize the oil companies to keep them afloat. Sometimes you get the bull like these oil guys are now, sometimes you get the horn like they did in 1999 and couldn't stay in business.

No Foolin I'm Bullish

2008-04-01T08:36:00.003-06:00

Despite all my rantings on the economy and how I think the government is making things worse I am bullish for April. Seasonally speaking the market cycle is bullish this month. Last months break down in commodities on the DBA and the DBC along with weakness in Gold (GLD) and Oil (USO) tell me there is a window of relief from out of control commodity bulls. Even though Australia didn't cut rates last night we are seeing the dollar strengthen against most all other currencies, FXA, FXC, FXE, etc. Dollar strength tends to lead the stock market.

Don't get get me wrong, I am long-term bearish still. I think we will see the CNBC and BTV start marking the end of the credit crisis, calling Bernanke a hero, but the rally will be a sucker's rally. We have another $300 billion in losses coming for our countries financial institutions, we will see interest rate hikes later in the year when the Fed is forced to address inflation, and the rest of the world is now feeling out financial pain. Play the bullishiness while it last but use stops and position sizing!

The Road to end Free Markets

2008-03-29T07:27:00.004-06:00

Congress is tripping over themselves to give the Fed more power to tinker with the economy. The so-called free market and financially smart Republicans have turned there back on the Milton Friedman's lassiez-faire economic policies that so many claim to hold to. The Democrats are in line to play a little one-up-manship to take the regulation as far as they possibly can.

Why can't we accept recessions as a normal part of life, as a healthy shake out, as way the invisible hand disciplines the ignorant the greedy. Congress reminds me of the parent who won't allow a child to feel the weight of the consequences of their choices and then can't figure out why the child is such a loser when faced with life on his/her own.

Nuts and Bolts of It

2008-03-20T13:58:00.003-06:00

Look at the Inverse Head & Shoulders pattern on Fastenal Co. (FAST). According to the pattern it should move up to $55 in the next 5 months. Terrific volume confirmation with the MACD lows moving higher gives great confidence in this trade.

The "NEW" Retirement Plan

2008-03-19T14:38:00.003-06:00

Here is an article on the new, up and coming whiz kids that will be changing the face of the internet and technology. I think you can use this information to start breeding your next new whiz kid and set yourself up for life and your retirement. Just think, if you have 2 to 4 kids, you could have a wealth of money by the time they are of age. There is another article that says you can teach your kids to be a millionaire and be rich. Think about, who better to exploit than your own flesh and blood.

Fed Speculation

2008-03-18T09:22:00.003-06:00

The market is rallying this morning in anticipation of the Fed announcement. This kind of excitement tells me anything less than a full point will disappoint and probably lead to a sell off. Of course another interest rate cut in front of today's inflation news seems foolish to me. It supposedly takes 6 months for a cut to take affect. Cutting rates won't make banks lend money. Cutting rates won't raise consumer confidence. I sure miss Reagan's strong dollar policy that fed the markets through 1980-90s creating one of the largest bull markets the country has ever seen.

JPMorgan Calls in Bears' Note

2008-03-16T20:50:00.003-06:00

Last week the Fed created a new program allowing large banks to provide liquidity to other financial institutions. JPMorgan (JPM) then took Fed money and loaned it to Bear Stearns (BSC) for the outlined 28 days. JPM decided to just go ahead and buy out Bear Stearns over the weekend in a very interesting move. JPM has certainly been harmed by the credit crisis too but, the diversity of product and overall size puts them in a position to expand.

Fed's Sunday Surprise

2008-03-16T20:33:00.002-06:00

The Fed cut the discount rate today instead of waiting all the way to Tuesday when they will most likely cut the overnight rate another half a point. Finally some are saying enough is enough. That's what we were saying at the end of last year when the Euro was only 1.25 of the dollar.

What will change the world first, Communciation or Transportation.

2008-03-15T14:19:00.003-06:00

Last month we saw the man who changed the world, Mr. Bill Gates, predict the end of the keyboard. Now he is forecasting large leaps in future technology along the same lines in voice recognition and touch screens. These are very exciting but they won't change the world like we have seen in the past. In fact, with today's commodity markets the advances that will change the world will be those that find greater efficiencies in fuel or fuel alternative. Looking throughout history those inventions that improve the way products are moved to trade and sell effect commerce the most. Taming of animals, the wheel, animal drawn wagons, boats, rail roads, steam engines, cars, trucks, airplanes, jets, speed train, etc. I would be looking f0r a company more like Orbital Sciences Corp. (ORB) to change the world this next time around versus Microsoft (MSFT). I'm interested in some discussion and debate, please feel free to comment.

Geordi Goggles

2008-03-14T13:40:00.005-06:00

NASA has been working on JORDY glasses for some time, now Japanese scientist have now developed another set of glasses for the memory impaired.

EURO GONE WILD

2008-03-12T15:36:00.008-06:00

Not to be mistaken or associated with the all to well known similar oo-mox title with "wild" in its heading (guys, you all know what that is about from those late night info-mercials), the euro has now hit the target on a ascending triangle formation (as seen below.) It has run and made a 700 pip move and what a move it was.

Now that it has made the predicted move I am starting to see a possible pull back down to a support level. I am not sure if it will pull back to 1.4900 or 1.5000, but it may pull back to a 1.5200 if it does. Currently, anything trading against the dollar seems to be the best bet to trade and may be the case for a while to come. It is hard to see this because I think the Fed and the administration wants the dollar to stay down. I like to think there is a method to their madness but for now, my ferengi oo-mox is trading against the dollar for now.

I thought Gore invented the Web?

2008-03-12T10:33:00.004-06:00

Maybe Al Gore didn't invent the web, but I'm pretty sure he invented Global Warming. Well, no one really knows, the real inventor has been lost forever. Check out the new technology that might make Google obsolete according to Tim Berners-Lee the so called "real inventor" of the internet.

Recession Double Talk

2008-03-12T10:15:00.005-06:00

Currently we see financial mavens claiming a recession won't occur, will occur, we are already in a recession, etc. Last week the President spoke concerning the economy prophesying a recession won't happen. He may be correct not because the economy will return to gang-buster growth, but because of the definition of a recession.

A recession is defined by two consecutive terms of lower growth. If we see GDP at 5% than 4% than 3% we would say we're in a recession. What if we are at 5% than 3 % then up to 3.5% back down to 2.9%, is that a recession? According to the strict definition of a recession the answer is no. Now, what if we are at 5%, then 2%, and then grow to 2.01%, 2.02%, 2.03% and so on. Technically it isn't a recession but the economy sucks royal!!

If we had a real leader, and believe me no one on either side of the aisle fits this bill, they would warn people of economic slow down and preparation instead of the Recession Double Talk we are getting now.

Spitzer Alert

2008-03-10T15:22:00.005-06:00

This just in!!! A new picture has surfaced on Spitzer!! See for yourself. I think it looks real. Don't you???

You Be The Judge!!

Innocent till proven guilty but he may get a piece of his own medicine. Payback is a @#$%&! But you really can fault a guy in getting his oo-mox on, right???

CLIENT Number 9

2008-03-10T13:38:00.005-06:00

If you have been under a rock today or haven't been able to read the news headlines today, you have missed the next new episode of Law and Order. You really can't make up this stuff some times and people really don't think things through no matter how smart they are.

Governor Elliot Spitzer of New York City is on the verge of resigning today because he was caught in a prostitution ring sting. He just talked with reporters about how he needs to work on and focus on gaining his families respect and trust back. Well, that may be difficult since he was such a "defender of truth" in his prosecution days.

Many on Wall Street, you can hear cheering and possibly chanting "ding dong the witch is dead!" I think he will need to resign his post as governor of NY in his 345th day of governorship.

Spitzer and the Witch from Wizard of Oz (Don't they seem similar?)

How can he think that he could get away with it being in a club called the Emperors club that sets up these prostitutes for high net worth clients. Also, on one of the busiest days of the year when individuals cheat on their spouse and government monitoring of this day for those cheats, February 13th (day before valentines day), you would think that this guy would know better. I guess that is why some in New York got the feeling that he had the "god" complex or untouchable air about him. I don't know him but this isn't good and must go down in a idiot-in-charge stupidity.

Again, there must be someway to make something off of this event. That is just how good Ferengi's think. I know others will. It is too bad but I think that all those that have been wronged by this guy, should have some fun and reprocussion on. All is fair in love and money!!! Have fun you Wall Street guys!!!!!!! Law and Order writers, you have an easy script here. Have some fun with it too.

My EUR/USD Trade

2008-03-10T08:51:00.003-06:00

Ok, so the Dollar keeps on getting hammered and the Euro just keeps on going up higher and higher. As you know, I have been bullish the Euro for a little while and have been doing well since 1.4600 on the pair. I was bearish for a short while but ended up going long again and set up a limit sell order at 1.5450 if the pair just shot up. Well, it shot up and I got out of my position at 1.5450 because of my order I had set up on it. I am a happy camper with all my latnium.

Going forward, I still see some bullishness around it as the dollar still weakens. There is talk now of the Fed possibly having an emergency cut because of the markets. I can't see it helping much and only postponing the inevitable. I definitely think that we are in a recession and even though we are no where like the 1920s, it still is a for of recession. In a article that is from 2006 on when recessions may have happened in the past, goes to show that we may be in a small one right now. This article goes into some good information on the make up of these recessions.

Now, my Ferengi side tells me that there is money(latnium) to be made in this time of crises. And that is what I am doing. I just have to be against the dollar till there is something that convinces me that it is turning around. Who know, maybe the dollar will become the new currency carry trade. Remember, making and getting latnium is the" true" oo-mox experience!!!!

We Need Food Synthesizers

2008-03-10T08:06:00.003-06:00

The time is fast approaching where food synthesizers are needed badly. Look at this article on the soaring cost of food. The beauty of capitalism is that times like these prompt invention and innovation, especially when the need is so high. Of course there is always some profit to be made just look at the Powershares Agriculture (DBA) ETF index. Be warned, and I shouldn't tell you this because the Ferengi are not responsible for other peoples' ignorance and stupidity, but the seasonal cycles for grain tops out in what is called the February Break. Since the index rallied through February, we are long overdue.

Diana Shipping Inc. (DSX)

2008-03-05T10:04:00.005-07:00

Diana Shipping Inc (DSX)

So, Bajoran Profit has been busy lately being a producer of some sorts and so asked me to post this information on Diana Shipping Inc. I am sure that he will be writing more on this position later.

DSX currently has a peg ratio at .74 and a dividend yield over 8% and has recently bounced off a good support level. There could be a return to a $32.50 level and then on up even higher. These are my thoughts but Bajoran Profit can speak for himself.

As for me, I am going to get some more latinum and have a party with my last trade on the Euro. Nice run and still running. The pullback never emerged but that is ok, I am still bullish. I see it going to 1.5450 at this rate. With the large ascending triangle that it made, this 500 pip move is possible. I am keeping my stops semi tight on the way up just in case some econo-nerd from the fed or government says something to pull it back. We will see.
- oo-mox

Hostile take over of Germany

2008-03-04T09:34:00.004-07:00

Now is the time to invade and take over Germany! We could all be driving BMWs and Volkswagens before the week is out.

My Euro Trade

2008-02-27T10:11:00.007-07:00

Like most Ferengi's, their passion usually revolves around 2 things: Latinum and oo-mox. Since we don't trade latinum here on earth yet, and we call OO-MOX something else, my passions are not so dissimilar. As you know (all 1 reader out there) that I am passionate about currency trading.

Here is a trade that I recently did on the EUR/USD. I actually told several people to play the bounce off of a strong diagonal support level. There has been a strong resistance level at 1.4900 since November. The Euro has tested this level three times and also creating higher bottoms three times. On the last support level bottom that it created on 2/07/08, was a great entry play to the resistance level again. A move from 1.4500 to the resistance was the play to make. Who doesn't want to make 400 pips? I set my target at 1.4950 and got out yesterday with a 450 pip profit. Not bad for a very good predictive play.

Recent trade on the EUR/USD

Now the pair has broken this strong resistance level and is continuing up another 200 pips to a very overbought area. I expect a pull back now to the new support of 1.4900 and then a bounce back up to 1.51 to even higher levels. I really can see a move to 1.60 now a higher possibility over the next year. I guess a wait and see on that one. But an new entry at a bounce of 1.490 may be a good bounce.

New trades on the EUR/USD - one short reversal trade

For a short trade from these highs to 1.4900 may be a good quick short term play because of overbought area on the position. It may be good but be careful and have fun if you do. Watch your risk and don't over leverage.

We may see some wild things happening but I am in a short trade already to the support area. We will see how it goes.

Computer, Where's My Keyboard?

2008-02-22T14:53:00.003-07:00

Could keyboards become a thing of the past? Microsoft (MSFT) thinks so. Sync for cars was just a step toward a Star Trek future now look at this new article concerning the keyboard.

Here Here!

2008-02-21T16:23:00.002-07:00

While were certainly not here to make political statements I can't help but appreciate the terrific observation made by this fellow blogger, check it out.

More Doom and Gloom

2008-02-19T16:23:00.003-07:00

I found this article to be very insightful as far as a Doomsday scenario. Remember it doesn't have to be all issues occurring at once but just a few of them back to back, to make life really difficult.

End of the Internet

2008-02-12T21:07:00.002-07:00

So, we haven't posted for a while because we have been surfing the net so much and so long that this day would come along. Let me explain. I was surfing around the net last night and got a message that I had found the end of the internet. I guess I have finally found the end and have to start all over again. Now I have to decide on if I really want to start all over again or just go do something else? If you are like me, I don't think I can stay away too long. I am witing in the blog aren't I????

Do you have a Fed Hangover yet?

2008-01-29T18:29:00.000-07:00

It is a new year and many investors are wondering what in this world is going on. Today, all eyes are on the Federal Reserve and if they are going to cut rates a second time within two weeks. You have to wonder if the Feds know what they are doing and why didn't they do it earlier? Remember Rule number 19 (Satisfaction is not guaranteed) and that is what the Fed promises. Here is an article that Bajora Profit found on the economic ills and the Fed solution.

I guess it is wait and see for now and oo-mox till we know later on tomorrow from our Fed friends.

Clear Message from Universal Translators

2008-01-07T20:53:00.000-07:00

Reed Elsevier Plc (RUK)

Big money movers seem to be sending a message on Reed Elsevier Plc (RUK) the last two days, while much higher than normal volume has appeared. Breaking up to new all time highs a window has opened as the stock gapped higher. While this stock specializes in many different areas of information technology and retrieval one that is most interesting to the Ferengi is that work it has done in the are of Machine Translation as a partner in the Babylon translation technology. One caveat I must highlight is before our recent volume in the stock it was only trading about 50,000 shares a day. I will usually pass up a stock with such little liquidity, especially, since I rely on stop losses so much. It is to easy for a stock to be manipulated by big money and market makers.

BTW as a rugby fan how can I pass up a stock with a ticker symbol of RUK?

Autopilot

2008-01-07T18:53:00.000-07:00

Like something right out of Star Trek, okay not really Star Trek but more like Time Cop or Demolition Man, cars that may drive themselves. Looking at GM stock it might take ten years to care but the concept is cool.

From Our Galaxy to Yours

2007-12-12T09:34:00.000-07:00

Here is a nice little Christmas wish from our favorite person. Enjoy.

The Star Trek Stock Picker

2007-12-11T10:51:00.000-07:00

One of the topics we hope to expand on in the future is how many inventions we saw on Star Trek 30 years ago that have come to pass. How many of us imagined we would all be talking into communicators (flip phones) a decade and half ago. If we had this vision we probably would have made a lot of money buying stocks like WCOM, MOT and QCOM assuming we knew when to sell, eh.

Well once again Star Trek is giving us an idea of how the market or in this case how the economy may turn in the future. You may be familiar with the hemline indicator, as the economy goes so goes skirt hemlines. If short skirts are in fashion then normally you will see a bullish market. The inverse is also true, if longer skirts are in fashion the market tends to be bearish. We also know that there is a 90% correlation with lipstick sales and a recession. During a recession lipstick sales will rise (I don't know if that is a result of money being tight and so women are forced to cut back on fashion and use lipstick as a substiute of self expression, or maybe it is a number of men who have been emasculated by the markets and are hiding in dark rooms questioning their manhood.)

In the original Star Trek series in order to make the crew members look more uniform in thier uh, uniforms, breast enhancements were placed in the costumes so the actresses would have similar shape and size. Of course, this has been a money maker for many astute surgeons and silicon producers. Mentor MNT a breast enhancement producer has been oscillating sidways for about two years now. Recently we have began to see it, dare I say, sag.

MNT

Could it be that inversely to lipstick sales rising in a recession that cosmetic surgery would fall. If that is the case you will want to check out this recent article. I'm not sure what I would call this indicator, I'm a little afraid to go down that road.

Using your Lobes on Job Numbers

2007-12-07T08:34:00.000-07:00

Today market participants and conservative politicos were excited about what they saw as a positive job reports. Wiser commentators downplayed the significance of the report and here is why. The job report doesn't account for illegal migrant workers. Construction jobs are taking the brunt of the bearish housing market which has been perhaps the largest employer of illegal workers. Housing start are so slow now that contractors no longer need to take on the risk of hiring these workers. Therefore, these workers don't go in and apply for unemployment for obvious reasons. So in a reporting sense they don't count.

The unemployment records have been screwed for sometime. First of all we haven't been accounting for the the number of illeagal workers in the past. This means those already low unemployment numbers not only had us at full-employment but over-employment. This was a very inflationary sign through all of last year. Wages on "lower tier" jobs were pressed higher because we were "growing" at a fast pace (Or at least we thought we were and kept building on those inflated expectations.) We Ferengi agree with business owners that paying higher wages is hard on the bottom line.

Sales people who were working in the housing and mortgage fields are also left somewhat an accounted. They may very well be looking for work or they may be dying on the vine. Commission based salesman may hold out for some time because of the nature of the sale business. You cannot be in sales and have a defeatist attitude so many salesman will stay at much longer then they can afford. In the end many people should be looking for some type of back up plan and that takes training.

The point that I am making here is to assess the Economic numbers with a grain of salt. I have only pointed out a few weaknesses in the numbers right now. Perhaps the biggest discretion in the numbers is after a person has been unemployed for so long we just quit counting them. If we had counted unemployment like that in the 1930s then the Great Depression would've been the Fairly Big Recession. In the end many people should be looking for some type of back up plan and that takes training.

The market will once again give us the truth of what is going on. We find this by using our relative strength tool. This time we will examine the Education stocks. These are stocks like Apollo Colleges (APOL) whose subsidiary University of Phoenix you are probably most familiar with. Also ITT Technical Institutions (ESI), Corinthian Colleges (COCO), and finally Career Education (CECO) to name a few that lead the markets back in 2001-2003. We can see in our graph here that money has been flowing into this industry group for about a year. This tells me that the "Smart Money" believes that unemployment and/or underemployment (having a job that doesn't cover your needs) are a much bigger concern then what the economic numbers are telling us.

Insurance Surveillance

2007-12-03T07:22:00.000-07:00

Chances are this week aren't going to see much action in the markets as far as buying and selling. We Ferengi always keep an eye on the lunar cycle and the lunar cycle is moving into its consolidation phase, but that is a topic for a different time. I my post Finding Stocks the Ferengi Way I highlighted Insurance (Accident & Health) so I will highlight a few stocks in which I the Bajoran Profit am keeping my lobes alert for.

Long term chart of UNH

In the 2 year weekly chart of UNH we see the downward trend has been broken although we are definitely cautious since see another resistance level at 56. Our oscillators at the bottom both gave us bullish divergences as a an alert to the recent movement and the trend reversal. With the new found uptrend in the industry group we are bullish on this stock's ability to break resistance. This is probably not the entry for a swing trader but the trend trader should consider a small position here.

Short term chart of UNH

The next stock in this group is WLP or Wellpoint Inc. The long-term chart of WLP shows a downward consolidation that was recently broken. The trend trade could entry here with a stop around $82 and then scale into a larger position if and when the stock breaks the $86 resistance level.

Long term chart of WLP

The shorter term play would be the channel itself. No doubt the break a few weeks ago would've been the best entry but we are half way through the $10 move now. Entering now with a stop at the quarter mark ($82.50) can still allow us to make a little off them move here and keep at least a 2 to 1 reward to risk ratio.

Short term chart of WLP

Smokin like a Vulcan

2007-11-29T11:45:00.000-07:00

Earlier this week we highlighted Tobacco. If you were an on the ball you may already be in this trade. Altria (MO) formerly known as Phillip Morris just broke out of some sideways action. I have outlined another swing trade here.

MO

Using the break of resistance here for another flag we can outline our risk and reward. Implementing an ancient Japanese trading system of candlesticks we know that the half way point of “large” candles act as an area of support or resistance. So I have a fairly tight stop.

Anyone can trade the trend on these bullish trends by implementing an 8% trailing stop loss.

Intercepted Fed Communications

2007-11-29T09:32:00.000-07:00

Ferengi Traders have recently intercepted a communication to the Federal Reserve. The author of the letter has yet to be ascertained but the content is very relevant.

Dear the Fed,
You suck. You don't have a backbone and as a result you are slowly and
very surely making our country and our currency irrelevant. Usually the
masses rebel and bring down great empires but luckily for us democracy
fixed that problem. Unfortunately, democracy can't fix how lame and
fickle you are and so you will be our ruin.
A few things to tell you:
1) Inflation isn't 2% like your pathetic CPI ex-Food & Energy says it
is.
First of all, as far as I can tell food and energy are the only two
items you should NEVER exclude from an inflation index. Tell your wife
and kids they can have everything in the consumer basket except food and
energy and you will quickly see that they are actually the two MOST
important and indispensable factors in the CPI. You can find substitutes
for, or go without, everything in the basket EXCEPT those two.
Secondly, stop using "Seasonally Adjusted Intervention Analysis" it's as
sketchy as the Seldom-Accepted-Accounting-Principles (SAAP) we use to
cook the books here at LoS. I mean writing a computer program to
automatically remove any items in the basket which deviate meaningfully
from the previous year? Isn't the point of the data to SHOW the change
versus the previous year not hide it? Oh, I found the list of items that
you've adjusted for and it's embarrassing.
The majority of adjustments remove price increases with much less
frequent adjustments for price declines. You've basically left dairy
products out of the index for the last 5 years citing outrageous
one-offs like "a generally tight cheese market" as justification for
this. And as if reporting a separate ex-energy index wasn't enough
you've statistically intervened to remove the effect of higher energy
prices even in the index that's supposed to INCLUDE energy. In one
outrageous case you removed the effect of fuel oil for three months in
March 03 and the reason you cited for the "abnormal"
move was the "end of winter," yeah I was surprised as sh-t when winter
ended in Spring 03, it was wild! For a real measure go back to the old
method, you'll see inflation is at least double what you're reporting.
2) Grow a spine you slimy invertebrate
The market has a memory. Over the past 15 years you trained us to
believe that no matter how much risk we take, and how much we lever that
risk, if anything really scary comes down the pike then you will bail us
out. Now we all run around like reckless, spoiled 16 year olds bidding
up the price of anything we can get our hands on and not worrying about
consequences because daddy (Greenspan) and mommy (Bernanke - that's
right you're spineless AND a girl) will get us out of any trouble we get in.
Well you're only making the problem worse and we aren't learning anything so
we'll continue taking stupid leveraged bets creating bubble after bubble so
you can tip-toe around trying not to pop any of them.
3) You're lying to yourself if you think we still have real GDP growth
in this country.
I challenge you to find one measure of wealth OTHER THAN THE DOLLAR
which shows the

economy as worth more now than in 2001. If I wanted
to buy our country it would cost me 30% fewer euros today than it did in
2001, it would cost me less bars of gold, less barrels of oil, less ounces of copper,
less btu's of natural gas, less cubic feet of lumber, less of almost anything that has
intrinsic value. Yet you keep reporting GDP growth, why? Because your quick fix
is to effectively print more money so that in dollar units everything is getting more
"valuable". But guess what, to the 95% of the world that doesn't use dollars the true
value of the

economy has been shrinking, rapidly.
It's like a company doing a 5 for 4 reverse stock split every year and
claiming to have 20% eps growth, you haven't changed the earnings just
the units those earnings are measured in. The rest of the world is
telling you our country is worth less by massively selling our currency
and you still naively think we're growing value - I feel like I'm at a
gathering of the flat earth society or in Zimbabwenomics 101.
This will come back to bite you but not nearly as much as it bites us.
The cheaper the dollar gets the more expensive all our imports get,
inflation will rise faster than you can statistically manipulate it and
when that happens expected inflation goes through the roof (which as you
yourself have pointed out many times is by far the most serious threat
to economic existence). Then the only way out will be interest rate
increases as swift and severe as all the cuts have been. All the bubbles
will pop at once and then we're really in for it. Maybe it's 10 years
away but there's a toll collector at the end of every free ride.
When will you learn that recession is ok? It's actually healthy, it's
the cycle, it's how things have worked for a 1,000 years. Trying to
prevent every small recession is going to end in one huge recession (ie.
depression) and no one will trust you anymore which is a much bigger
problem. No economy in history has ever been able to successfully
inflate its way to health, this won't be any different.
Benny, I know you had to trade in your hypothalamus and spine to be fed
chairman and now you biologically over-react to everything and are
incapable of standing up straight when confronted by bully-morons like
Kramer. But I'm hoping you at least still have your brain. Before you
had this job all your published research showed that central banks
should strictly target inflation and should be ignorant of asset prices.
You had good reasons for this conclusion, don't forget them.

Subprimely,

Long or Short Capital Management

I Want a New Drug

2007-11-29T07:37:00.000-07:00

In my earlier post on Finding Stocks the Ferengi Way one of the first industry groups I highlighted was the Major Drug companies. Here is a look at a few that have tickled my lobes.

Johnson and Johnson JNJ

I’ve set JNJ up as short-term swing trade but it can certainly be traded as trend trade as well. Here we see a classic flag break out. According the Encyclopedia of Price Patterns, flags have a probability of success around 70% correct in meeting the price target. The price target is the equivalent move of the flag pole as I have designated. I would exit at the target or a cross below the 8 day moving average whichever comes first.

Merck MRK

MRK is giving us a classic Ascending Triangle pattern. Here we see a good break on strong volume. The base of the triangle will once again give us a price target. I would look at exiting at $63 or a break below the 8 day moving average, whichever comes first.

Pfizer PFE

Pfizer I am showing as a much different trade then those above. This one is much longer in nature. The long-term chart is showing us support bounce along with a recent channel break.

The shorter-term chart is confirming out long tern outlook. We see a bullish divergence on the MACD as it creates higher lows. The Stochastic oscillator is giving us a triangle pattern and a break of resistance would be a great confirmation. Since I am bottom fishing here on this stock I am going to go in with a very small position. You can see two more resistance lines where if I see breaks take place I will continue to scale in. Currently I have my stop set at $23.25 but once the stock breaks the next resistance line I would begin to use 3% below the 30-day moving average.

Bernake: The Dollar Destoyer!

2007-11-28T13:49:00.000-07:00

So the word on the street today is the Fed may once again reduce rates. Earthlings have become so scared of a recession that they are willing to destroy the value of the dollar to just delay the inevitable. Look, like it or not we are going into a recession. Short sited Earth bankers and borrowers were willing to lend money to any homo-sapien that could fog a mirror and they are just afraid to let banks pay the consequences. Where are the Milton Friedman lasse faire economists? Why are they so afraid to let the foolish businessmen take their lumps (Ferengi are not responsible for the stupidity of other races)? New financial leaders will rise out of the ashes and they will be all the wiser because of it.

The Ferengi watched in admiration of President Ronald Regan and his understanding of a strong dollar policy, "The Dollar will be as good as gold" was the cry then. Aren't all these FOMC people suppose to be your so called Regan Republicans? Why are they so willing to let the dollar die on the vine?

Money in the currency market flows to the country that is usually paying the best savings rates. The US was the envy of the world and the dollar was strong all through the 80-90s, the strong dollar policy helped the US lead the world in development and strength. Every time Bernake seeks to lower the interest rate to cave to Wall Street traders he further weakens the dollar. Interest Rates are still at very historical lows, maintaining the current rate will at least help to stabilize the dollar. There is no cure for the housing market just give it up already. Let the market shake out and run its course.

In 1929 where we faced similar economic issues and the Fed increase the interest rates in order to strengthen the dollar and combat inflation but then sparked the worst sell off in the stock market. In 1998 the Fed had a similar liquidity crisis thanks to the "genius" of Long-Term Capital Management and all the banks that lent them money. The Fed increased liquidity by lower interest rates at the time to bail the banks out, but the dropping commodity market and deflation made the economic situation favorable for the time and the cuts didn't hurt. This time we are in a harder situation because earth has a liquidity issue created once again by the ridiculous bankers lending for any reason, but the cutting of the interest rates is perpetuating inflation and an already bullish commodity market. Raising interest rates to combat the inflation may put us into 1929 decline but lowering the rates puts into 1970s type inflation. The only logical course from my point of view is to just leave the rates alone. Quit tinkering with it. Allow this economy to play its way out.

Bernake believes that the rest of the world is going to eventually fall into recession just like the US so the rate cuts will eventually be countered by the cuts in other countries. The world is bigger than it used to be. New large consumers like China and India may not bring the kind of slow down we expect. Countries like Canada, Mexico, Australia, and Russia who are profiting from the skyrocketing commodity prices and may make up much of the consumption the US will slack off on because wealth is increasing in those areas. Bernake may very well be right but it seems to me he is spinning the revolver with a few extra rounds.

Honeywell bounce

2007-11-28T07:58:00.000-07:00

Just wanted to point out a play on Honeywell (HON) this morning. Remember the Ferengi Rule of Acquisition to be aware of which direction the wind is blowing. When the Dow 30 bounces, start looking at the Dow components. If you enter today look to sell half your position when the stock moves up to 57 and the second half if the stock moves up to 61. I like to use the 8 day moving average as my stop. If the stock closes below the 8 day moving average then close the entire position. This keeps a a very tight rein on the stock helping us to control our losses.

Honeywell (HON)

Finding Stocks The Ferengi Way

2007-11-27T21:12:00.000-07:00

Here are a few key Ferengi Rules of Acquisition that can helps us find stocks in which we would want to trade. These rules are significant because they lead us into a top down approach. A wise man can hear profit in the wind because he is looking for the next opportunity. He understands that in a bull market everyone looks like a trading guru but a bear weeds out the chaff. The crowd jumps on at the end when the wise and prudent are selling and those who have become educated will reap the rewards.

Rule 22 – A wise man can hear profit in the wind
Rule 44 – Never confuse wisdom with luck
Rule 69 – Ferengi are not responsible for the stupidity of other races
Rule 74 – Knowledge equals profit
Rule 162 – Even in the worst of times someone turns a profit
Rule 217 – You can’t free a fish from water

Below you will find relative strength charts of four different industry groups versus the S&P 500. If the chart is uptrending then the industry group is outperforming the S&P 500 whereas the opposite is true if we were searching for bearish stocks. The recent decline in the markets makes the wise trader prove his mettle. As I mentioned before the prudent investor is looking for the next opportunity. Since stocks tend to move with their industry groups we can find good stocks by finding industry groups with strength.

Relative Strength Charts

Major Drugs

I particularly like this chart because it has recently broken out of a down trend. Although we didn’t get the very bottom (and rarely will we ever) we may be getting in on a fresh new uptrend.

Insurance Accident & Health

Insurance gives me similar excitement because we see it was in a sideways basing pattern for some time. Now we see it has broken out of its consolidation and a new uptrend may be on the way.

Tobacco

Tobacco has been showing strength for some time so we aren’t necessarily finding a bottom but we are seeing a break out of a “resting period”. These companies do a lot of exporting so they are benefiting from a weak American dollar. Also, any Ferengi investor understands what a good investment addictive products are!

Oil & Gas Operations

We have all seen gas and oil companies profiting from the rise in oil prices. Once again the weak dollar along with higher world demand for crude has driven oil prices higher and higher. A break out of this consolidation is also evident on the chart.

Here we have identified four possible groups of opportunity. Look for my next postings where I will identify stocks and ETF stocks that will allow us to begin out profiteering.

On a side note, these are all industry groups that perform well when the economy is about to go into recession.

Ponzi Schemes are Great (When you're Ponzi)

2007-11-27T15:52:00.000-07:00

Unless you have been living in the delta quadrant you should know that the housing market on Earth has been in a slump. Although greed is good whether you are Ferengi or Gordon Gecko the prudent investor is always cautious of those who try to guarantee returns. Look at these poor saps in Utah who were messing with the housing bull market and got the horn. Utah Housing Bust

Trading tip, when you are dealing with a market that is hard to unload assets in then you need to make sure you are not the last one out. Ponzi schemes like this show up in every bull market. If you are with a group who promises some kind of return get out.

Ferengi Culture

2007-11-27T14:54:00.000-07:00

This is why we started this blog. It fits with the Ferengi/Human understanding and psyche of the markets and trade. Therefore, this is a good forum to talk about trades in the Ferengi style and culture. As a human capitalist, I find that we have very similar traits with the Ferengi and feel that we can learn from their manner of commerce.

"Ferengi culture is so devoted to unregulated capitalism that concepts such as labor unions, sick leave, vacations, or paid overtime for workers are considered abhorrent, because they would interfere with exploitation of workers. In addition to the Rules, the Ferengi also recognize the five Stages of Acquisition: infatuation, justification, appropriation, obsession, and resale. They value similar traits in other species as well — Earth's Wall Street is regarded with religious reverence by Ferengi, who routinely visit Earth to make pilgrimages to the "holy site" of commerce and business."(Wikipedia)

As a respectful trader, let us pay homege to Wall Street and let the capitalist in you escape and be free and profit from it all.

Why Star Trek First Contact is the Best

2007-11-27T13:57:00.000-07:00

Many trekkers and trekkies will ask me why I believe First Contact to be the best of all Star Trek movies, and while I must concede that picking a favorite Star Trek is about like picking your favorite note in a Mozart concerto, I must say knowing that Zephram Cochrane was just out to make a buck pleases me.

Oh yeah true believers, he was out in true Ferengi fashion hoping to make some money and hook up with a few ladies to get his oo-mox on. They didn't put that on his statue in Montana did they?

If only a Ferengi ship came by when he made his successful flight then the ultra-capitalists of earth would reign supreme. Ayn Rand would have been the educational format for the Star Fleet Academy and the Klingon Empire would have been been overthrown by hostile take over.

Stupid, sexy, self-righteous Vulcans!

Ferengi Hedge Fund Under Investigation

2007-11-27T12:25:00.000-07:00

Here is an interesting article on a Government investigation into a Ferengi Hedge Fund deal. Watch out, the man could be coming after you next!!!

Government Investigates Ferengi Hedge Fund

Welcome to Trading the Ferengi Way

2007-11-27T10:54:00.000-07:00

We are a couple of traders that want to have some great discussions and give our thoughts on trading in the markets. We have many, many insights and need a place to put it all. We needed a venue to discuss everything that we have in our big Ferengi heads. We want to show real life examples and insights with a Ferengi twist. We will be using the Ferengi Rules of Acquisition as a kind of play book and model.

I guess the only thing to say now is Hang On And Enjoy The Ride.