Aug 06
2009
Rubber price - bullish
Filed Under (Finance Help) by Admin on 06-08-2009
The price of rubber has been trading sideways between $150 and $180 for more than three months in the month of April through mid July. The price went above the $180 level just a week ago, indicating that the correction is over and the bulls are taking charge. The price trend is generally up as the long term 90 day has been increasing since April. The short term 30 and 60-day moving averages have
The financial meltdown of the stock market (since the Fall of 2008) not only triggered a recession but wiped away 50% of our portfolio. So like most people we were wondering how long it will take to recover from this blow. Kiplinger came to our rescue with their special calculator which tells us how long it will take to recoup our losses. After plugging in the figures we were told that it would take about five years for us to recoup our losses!