Maritime stocks listing in Somalia.

Republic of Somalia's capital Mogadishu.
Gained Independence from United Kingdom,
26 June 1960 and from Italy,1 July 1960
Haradheere, 400 km (250 miles) northeast of Mogadishu, used to be a small fishing village.

Piracy-related business has become the main profitable economic activity in the area and locals depend on their output.

The district gets a percentage of every ransom from ships that have been released, and that goes on public infrastructure, including hospital and public schools .

Heavily armed pirates from the lawless Horn of Africa nation have terrorized shipping lanes in the Indian Ocean and strategic Gulf of Aden, which links Europe to Asia through the Red Sea.Ships and trawlers that passes by in the wrong place at the wrong time will be cornered and will be held for the ransom money.

HARADHEERE,a town in the Mudug province of central Somalia, Somalia's main pirate lair.The sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.

The gangs have made tens of millions of dollars from ransoms and a deployment by foreign navies in the area has only appeared to drive the attackers to hunt further from shore.

There are 15 'maritime companies' at the start and now 72. Ten of them have so far been successful at hijacking.
Ransoms have even increased in recent months from between $2-3 million to $4 million because of the increased number of shareholders and the risks.

Anti-piracy naval operations by the European Union, NATO and several individual states have failed to stop the pirates, who still hold 11 ships and some 280 crew. The multi-national patrols have only appeared to push the gangs to hunt further from shore.

The Dow ,monday 14/12/09 is 4 market days to Quadraple Witching.

Asian Index Futures Expiry:13 market days.

9:30am:--Abu Dhabi supplied $10 billion financing to Dubai World lifted the early opening but stocks being hammered.

10:30am:--An early low with retracement to bear pivot. Citigroup (C) unveiled a plan to raise capital to repay its TARP funds.

11:30am:--Pierce through MAV resistance touching a high with graveyard doji.

12:30noon:-- After finding support at the bull pivot,spike up to meet another double top shooting stars.Speculation of a pick up in merger and acquisition activity helped win support for stocks this session.

1:30pm:--The MAV support line has been breached.

2:30pm:--Having pulledback to the bear pivot,indicies retrace back to the MAV resistance but bearish harami is in check.

3:30pm:--There is a hangman and bearish engulfing.

4:00pm:--Shooting stars,follow through is a pullback.

The ascending soldiers have finally reached the peak of December's first half which is the pivot day of the month.Time for them to take a pause and listen to the FOMC policy statement, housing starts, and consumer prices which falls on Wednesday,also the pivot day of the week.It's witch hunting time again.

A $29 billion takeover deal by Exxon Mobil Corp.and the Dubai World rescue plan nudged major stock indexes to new highs for the year.