Ernest Wong

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    • Fri Jun 27th 04:43 AM
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      Commented on:
      As Dow Breaks Bear Stearns Low, Euro / Yen Hits High
      The chart patterns of EUR/JPY and CHF/JPY suggest more upside move. Stay long!
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    • Fri Jun 13th 18:04 PM
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      Commented on:
      Recession to Inflation: Transitions Benefit the Dollar
      Finally the USDX broke out of a bullish pattern, with EUR, CHF and GBP are all at their support levels. Chart patterns suggest a break down very soon. Stay tuned.
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    • Wed Jun 11th 17:28 PM
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      Commented on:
      US Dollar: 5 Reasons It Will Not Hit a New Low
      Totally agree with 206418 on the CHF/JPY trade! Cheers!
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    • Sat Jun 7th 14:14 PM
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      Preparing for the Fall
      No doubt we are in a recession. Being self-employed for 22 years, I know it when I see it. But the charts are telling a different story - the march low will hold, foreign equities will outperform, EUR/YEN will go higher. Cheers!...
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    • Fri Jun 6th 21:40 PM
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      Commented on:
      Bank of America: The Most Popular Dividend in America?
      BAC is one solid company. They run a tight ship. Also, they constantly think of a way to nickel-and-dime you to death. I know, I have been their customer for almost 20 years, way back when they took over Security Pacific.
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    • Fri Jun 6th 21:19 PM
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      Commented on:
      Japanese Market Awakening from Its Long Slumber?
      A review of the Nikkei 225 weekly chart shows that it made a higher high in mid-May and as such broke the down trend line from the high made in summer of 2007. Cannot conclude that it is the beginning of an uptrend, but if I were short I would have covered.
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    • Fri Jun 6th 17:20 PM
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      Commented on:
      22-Year-High Jump in Unemployment Hits Stocks and Dollar
      On a big down day in the global stock markets, does not seem like there are too much unwinding of the carry trade -- EUR/JPY and CHF/JPY both broke out of their triangle patterns indicating more upside to come. The CHF/JPY even made new all-time high. Stay long...
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