Carrefour in China.

Its adopted Chinese name -- Jia Le Fu (happy and lucky family in English) - has become practically synonymous with "supermarket" on the mainland.
Carrefour has opened 116 more stores on the mainland with a total floor area of nearly 1 million sq m and is employing almost 50,000 people since its open in 1995.
The company's sales in China amounted to 30 billion yuan in 2007, accounting for about 5 percent of total group revenue.
Because of its growth potential, the Chinese market is enjoying almost as much attention from Carrefour's management as the group's home market in France.
Carrefour established a Carrefour China Institute (CCI) in Shanghai in 2000 to train Chinese managers. Since then, the school has trained about 15,000 managers who are playing an important role in the fast expansion of Carrefour on the mainland. Last year, 40,000 employees attended various training programs on an average of 23 training hours for each person per year.
At the beginning, Carrefour opened in three very different cities in China, Beijing, Shanghai and Shenzhen. The three cities are very far away from each other and had different characteristics. Carrefour had to adapt its stores to the specific needs of the consumers in each city.
Tracking the Dow on Friday,15/08/08(INDEX FUTURES/OPTIONS EXPIRY)

9:30am--Gap Up 80.00 points.
A surprisingly large jump in consumer-level inflation in July and a small decline in first-time unemployment filings.
10:30am--Upper shadow light up.
A early low eatablished. The dollar index was higher. Gold futures and oil futures were lower.
BUY.
10:30am--Spinning Top.
A bearish engulfing candle pair.SELL-Short,close earlier & open another.
11:30am--Bearish Hammer.
Trading was volatile before options expiry on Friday.
12:30pm--Bearish Engulfing.
Hoovering at MAV.
1:30pm--Near Morning Low.
Buyback and close position.Saw a bullish harami.Candlestick formation now is an inverted hammer.
2:30pm--Bullish spinning dojis.
The S&P Homebuilding index rose 4.48% after a report from the National Association of Realtors that said existing-home sales rose from the first quarter in 13 states, according to the NAR's latest survey.

3:30pm--Shooting star.
Indicies still holding strong at MAV.
4:00pm--Bullish hammers seen.
The market was bolstered by bargain hunting and a pullback in oil prices. Financial and auto stocks were stronger overall for the day.

The bullish zone is yet to be penetrated.The spinning Friday's doji should not blow off the upper shadow of Thurday's candlestick otherwise we'll be at square one again.
Oil fell to its lowest price in three months Friday, briefly touching the $111 level after the dollar muscled higher and OPEC predicted the world's thirst for fuel next year will fall to its lowest point since 2002.