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Even though pundits had predicted the world running out of oil and suggested that the price for the liquid black gold would hit US$100, the price for oil still struggles below US$60.
Take a close look at the daily bar chart of the Cotton Futures market (CT-SpotV) in Chart 1 below and note how this market keeps making tops at the same price level each time.
I have to say I love getting an email from HUBB letting me know there is a new software upgrade available for my ProfitSource!
Last time I wrote for the Trading Tutors Newsletter I said that the Bourses were set to go crazy once again. Well since that time the SPI and the Dow have continued to power up, so all is going well so far for the bulls.
In the 80s and 90s Ravinder Mehra worked as a Fund Manager for a number of well known global fund managers and in 1996 established his own Vega Asset Management and in less than a decade had $12 billion under management with offices in key global financial centres. Impressive.
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