ivantchourilov
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id be watching DJIA futures. Possible double top there. Otherwise, USD/EUR STILL holds the key.
Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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sound like the perfect day! well played
SuddenDeath
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DOW showing +65
On balance bad ..
The headline US Advanced Retail Sales -M/M 1.4% vs. Exp. 0.9% (Prev. -1.5%)- this was better than expected- but the prior month was revised lower to -2.3%= Worse than expected.
USD, Empire State Manufacturing Index , Actual = 23.5 ,Forecast = 29.9= Worse than expected.
Economic Update : USD, Core Retail Sales m/m , Actual = 0.2% ,Forecast = 0.4%= worse than expected..
the market jumped the wrong way when people saw the headline number!
Da.DesiTrader
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dealer. FTSE coming close to a 80% short. I will go long this time, if I am on my desk when it happens.
SuddenDeath
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Hello where does the 80% figure come from.
we have broken 5285 inverse neckline target 5600
we have broken 5285 inverse neckline target 5600
Da.DesiTrader
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Da.DesiTrader
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Some of the shorts got shaken out, so now its at 66%, I will only go long at 80% short or above and vice versa for short. Just when suckers like me are mostly long or short, this is when longs or shorts are shaken/squeezed out.
looks like some shorts are covering..! http://bit.ly/1FZNcV
Da.DesiTrader
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Its a shame that only my account doesnt have that excess liquidity.
SabreTT
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well said, not much of this seems to make sense except when considering inflation, it would be stupid to hold cash especially dollars right now
now i see 2008 was a great year to invest in companies, how could I be so stupidwell said, not much of this seems to make sense except when considering inflation, it would be stupid to hold cash especially dollars right now
Melt up occurring in every aspect of the markets as the dollar is in its last death throes.
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Dentalfloss
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asia overnight
Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,750.20 5:47am -23.60 (-0.49%) Chart, Components, more...
^BSESN BSE 30 (India) 16,905.95 6:52am -126.56 (-0.74%) Chart, more...
^HSI Hang Seng (Hong Kong) 22,801.32 6:47am -142.66 (-0.62%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,463.19 7:02am -5.49 (-0.22%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,176.90 27 Aug 4.34 (+0.37%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,131.51 4:31am -42.45 (-1.34%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 9,729.93 6:00am -61.25 (-0.63%) Chart, more...
^NSEI S&P CNX NIFTY (India) 5,025.00 7:02am -33.05 (-0.65%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,585.98 6:01am -6.49 (-0.41%) Chart, Components, more...
000001.SS Shanghai Composite (China) 3,277.68 6:46am 2.63 (+0.08%) Chart, Components, more...
^STI Strait Times (Singapore) 2,770.64 6:47am -13.21 (-0.47%) Chart, Components, more...
Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,750.20 5:47am -23.60 (-0.49%) Chart, Components, more...
^BSESN BSE 30 (India) 16,905.95 6:52am -126.56 (-0.74%) Chart, more...
^HSI Hang Seng (Hong Kong) 22,801.32 6:47am -142.66 (-0.62%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,463.19 7:02am -5.49 (-0.22%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,176.90 27 Aug 4.34 (+0.37%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,131.51 4:31am -42.45 (-1.34%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 9,729.93 6:00am -61.25 (-0.63%) Chart, more...
^NSEI S&P CNX NIFTY (India) 5,025.00 7:02am -33.05 (-0.65%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,585.98 6:01am -6.49 (-0.41%) Chart, Components, more...
000001.SS Shanghai Composite (China) 3,277.68 6:46am 2.63 (+0.08%) Chart, Components, more...
^STI Strait Times (Singapore) 2,770.64 6:47am -13.21 (-0.47%) Chart, Components, more...
Dentalfloss
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SINGAPORE (MarketWatch) -- Most Asian share markets were slightly lower Tuesday despite a strong performance on Wall Street and even as mining stocks found buyers, with some broad fatigue setting in after recent gains.
Japan's Nikkei 225 was down 0.1% with Australia's S&P/ASX 200 0.1% lower and South Korea's Kospi Composite falling 0.1%. Hong Kong's Hang Seng Index fell 0.4%. Dow Jones Industrial Average futures were down 17 points in screen trade.
The region was lagging the U.S., where all three major indexes rose to new closing highs on the year, helped by energy and materials firms.
The continued decline in the U.S. dollar - and consequent strength in Asia-Pacific domestic currencies - was causing some concern for exporter-related stocks. "Most exporters may underperform the market," said Yukio Takahashi, a market analyst at Mizuho Securities in Tokyo.
Commodity-related shares were however rising across the region after base metals gained Monday, with LME three-month copper hitting 14-month highs in London, rising more than 5.0%. Spot gold also briefly touched a record high of $1,143.30 a troy ounce in electronic trade.
In Japan, Inpex was up 0.5% with Sumitomo Metal Mining up 1.4%, while in Sydney BHP Billiton was up 1.9% and Macarthur Coal was higher by 3.8%. In Hong Kong, CNOOC was up 0.3% while China Shenhua rose 0.8% and in Indonesia, Antam was up 4.2%.
"As long as U.S. interest rates remain at current low levels, liquidity and dollar selling will continue to support commodity markets," said Mizuho's Takahashi.
In Shanghai, China Merchant Securities disappointed on debut with the stock only 12.9% higher at CNY35.01, versus market expectations for gains of 20% to 30%. The brokerage sold 358.5 million yuan-denominated A shares and raised $1.62 billion, after attracting CNY1.04 trillion in subscriptions.
In Taiwan, the index was 0.1% lower as financial stocks fell despite news Taiwan and China had signed a long-awaited financial memorandum of understanding late on Monday. IBT Securities analyst Regina Lee said profit-taking likely hurt the financial sector, but "the long-term strength of financial shares remains." Yuanta Financial was down and Mega Financial slipped 3.0%.
Elsewhere, the Shanghai Composite Index rose 0.3%. Singapore's Straits Times Index was down 0.4%, Malaysia's Kuala Lumpur Composite Index was up 0.4% and Philippine shares were up 0.2%. In Indonesia, stocks rose 0.4% while Thailand shares were 0.4% higher and New Zealand's NZX-50 was down 1.1%
In Tokyo, Canon shares rose 2.7% after news it would buy Dutch printer maker Oce NV for EUR730 million in cash, with the Japanese office machine maker aiming to grow amid shaky prospects for corporate spending.
Sellers were active in Australian banks, with Westpac off 2.2% and ANZ down 1.5%.
"We're seeing a continuation of yesterday's theme -- a switch out of the banks into the resources," said Chris Blair, head of retail broking at Patersons in Sydney. "The market's thinking banks aren't great value where they are, with yields a little low and valuations a little high."
Hynix Semiconductor fell 6.4% in Seoul after creditors said they may attempt to sell their collective 28% stake through a block deal if a public auction proved unsuccessful. Last week, Hyosung Corp. withdrew its bid for the controlling stake in Hynix.
New Zealand share investors were closely watching the currency market, with the Kiwi dollar briefly rising over US$0.75 against the U.S. dollar for the first time since late October.
Infratil slipped 1.3% after the infrastructure investor posted a first-half net loss, largely due to significant write-downs on existing assets.
In currency trade, tepid equities trade kept the euro contained at $1.4951 from $1.4972 in New York against the U.S. dollar and at Y133.26 from Y133.34 against the Japanese yen while the U.S. dollar was at Y89.04 against the Japanese yen, from Y89.08.
The Australia dollar came off 40 points to US$0.9334 after minutes from the Reserve Bank of Australia raised doubts about whether the central bank will continue to raise rates at its next policy meeting on Dec. 1. The Reserve Bank of Australia flagged further gradual increases in interest rates but said it is unsure how quickly it will make the policy adjustments.
Hayden Atkins, an economist at Macquarie Bank, said the RBA's minutes illustrate that while the bank remains committed to further tightening, much will depend on the data flow between now and the December meeting.
Lead December Japanese government bond futures were 0.27 higher at 139.13 points, but traders expected some resistance around 139.40. "Given the new government's stance on debt issuance remains uncertain, it's difficult for players to keep buying JGBs actively," said Katsutoshi Inadome, an analyst at Mitsubishi UFJ Securities.
The London Mercantile Exchange 3-month copper contract was down $51 at $6,798 per ton from the PM kerb, while nickel was up $50 at $16,850 from Monday's kerb. Spot gold was down $1.20 from New York levels, at $1,138 a troy ounce.
Front-month Nymex crude oil futures were 31 cents lower on Globex at $78.59 a barrel, having risen $2.55 or 3.3% in New York.
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freedom4truth 2 hours ago+6 Votes (7 Up / 1 Dn) Request sentReallity will have to come at some pointReply Link Track Replies Report Abuse ehoffner 2 hours ago+1 Vote (5 Up / 4 Dn) Request sentIt will come at some point. Just not this yearReply Link Track Replies Report Abuse fishhook 1 hour ago+6 Votes (6 Up / 0 Dn) Request sentAs if you, or anybody else, knows..................respectfully, of courseLink Report Abuse VegasBill 2 hours ago+5 Votes (5 Up / 0 Dn) Request sentThe big money players have figured a way to use the dollar and S&P for an arbitrage. Watch the Euro and SPY and they move in mirror tandem. The market is not moving on fundamentals at all.
I saw this movie in 1987 while a stockbroker at the old Shearson Lehman Bros. Portfolio insurance they called it, but is was just a computer generated arbitrage between the S&P futures and the cash market. It made for some wild rides when these buy and sell programs kicked in. Of course it ended badly when the market crashed 500 pts in one day.
This market is like little boys playing sword-fight with tree branches. Its all fun till someone loses an eye. When all these dollar short positions try to unwind at once, it could be one for the record books. Protect yourself with puts if you are long. Your profits could disappear in minutes.Reply Link Track Replies Report Abuse Phil5280 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentMeredith Whitney telling it like it is - Double dip recession straight ahead:
http://www.bloomberg.com/apps/news?pid=20601087&sid=azJaqGLg0KMw&@#$%&!=6Reply Link Track Replies Report Abuse ehoffner 1 hour ago-4 Votes (1 Up / 5 Dn) Request sentI have never seen the bears so quiet. Might tell you something short term.Reply Link Track Replies Report Abuse Phil5280 1 hour ago+5 Votes (5 Up / 0 Dn) Request sentYeah, everything is peachy ehoff!! Ambac is going to default, Meredith calls a double dip today and GMAC says they are doing better than ever after a 1 billion dollar loss!!!Reply Link Track Replies Report Abuse CommonSense56 1 hour ago+5 Votes (5 Up / 0 Dn) Request sentAll it tells you is that they are getting totally fed up with the manipulation and with trying to talk some common sense into people.
I am out of here in the very near term.Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+3 Votes (3 Up / 0 Dn) Request sentWhy the bears are quiet.
The saying goes that when all the bears throw in the towel that is the time of greatest danger of a crash .Reply Link Track Replies Report Abuse ExMarketTrader 31 minutes ago+1 Vote (1 Up / 0 Dn) Request sentRight. It's not rocket science.Link Report Abuse doubledutch 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentWith Australian dollar eased after board minutes indicated the Reserve Bank of Australia (RBA) is in no great hurry to raise official interest rates and EUR,Crude,..... from the high is the risk trade,still the ONLY reason stocks are on this insane P/E level,more difficult. The top ..........
http://www.forexdirectory.net/aud.html
Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+3 Votes (3 Up / 0 Dn) Request sentHere's another sign of how wrong the bulls are , pieces of mail handled by US post had the largest drop in its entire history .That includes the depression years according to the USPS website the largest drop percentage wise was between 1931 and 1932 it was by my calculation 9% . This report from CNN shows a recent drop of 12.7% .
Ongoing losses
This is the third year in a row that the agency has posted a loss; it lost $2.8 billion in fiscal 2008, and $5 billion in 2007. The USPS is a self-supporting government agency that receives no tax dollars. It relies solely on the sale of postage and products and services to generate sales.
The Postal Service reported operating revenue of $68.1 billion, down 9% from last year, while its operating expenses fell to $71.8 billion, down 7% from 2008.
The service's total mail volume plunged by more than 25 billion pieces, or 12.7%, to 177.1 billion pieces. That drop was twice as much as any mail volume decline in the Postal Service's history.
There is a strong correlation between unemployment and mail volume, according to Corbett, which means that mail volumes will continue to decline as the unemployment rate climbs.
Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentmore bad news for the bulls
The insider buying & selling data for the week ending November 13th worsened substantially. Total insider selling jumped to over $960MM vs last week’s reading of $729MM. Buying fell to the nearly non-existent level of $29MM. Sales by Bill Gates accounted for almost $200MM worth of the selling, but outside of these sales the selling was broad based. Despite a soaring stock market, insiders continue to exhibit very little confidence in their own companies through the use of their personal fortunes.Reply Link Track Replies Report Abuse doubledutch 55 minutes ago+4 Votes (4 Up / 0 Dn) Request sentEven GS , the ultimate insider,is down in a big up market !Reply Link Track Replies Report Abuse Lawnmowerman 56 minutes ago+2 Votes (2 Up / 0 Dn) Request sentVegasBill is right on target,its about the USD carry trade and the (opposite mirror effect) on SPY of one up and the other down intraday and the program buy and sells around it.If you watched all last week intraday..lower volume buys and larger volume sells.Also the direction of the EUR/USD currency pair.
Has nothing to do with anything else.Reply Link Track Replies Report Abuse Gumboot 55 minutes ago+3 Votes (3 Up / 0 Dn) Request sentPARIS, Nov 17 (Reuters) - Financial bookmakers expect the leading European indexes to fall on Tuesday, as a dip in oil and metal prices prompt investors to book profits after stocks hit a 13-month closing high in the previous session. Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 22 to 27 points lower, or as much as 0.5 percent, Germany's DAX .GDAXI to open 29 to 35 points lower, or as much as 0.6 percent, and France's CAC-40 .FCHI to open 12 to 15 points lower, or as much as 0.4 percent.Reply Link Track Replies Report Abuse doubledutch 47 minutes ago+3 Votes (3 Up / 0 Dn) Request sentCrude is down,because of the 143 million barrels on sea going nowhere and has NOTHING to do with investment,hedgies,contango....THERE ISN'T DEMAND !
Further is in China(not only in China) the GDP FAKE and the economic numbers( use of electricity,gas,.. are down ! ! )BOGUS and the still far to high crude and copper price Bloomberg/CNBC PROMOTION and GS MANIPULATION.Plenty crude,copper,... ww available !
The green O,B,G and S shoots are big LIES and the GS China story 100% FANTASY !
Reply Link Track Replies Report Abuse flintooffm 42 minutes ago+1 Vote (1 Up / 0 Dn) Request sentToday all markets will be in redReply Link Track Replies Report Abuse flintooffm 40 minutes ago+1 Vote (1 Up / 0 Dn) Request sentI think the corporates / stocks who don't pay fees to GS/JPM gets booted irrespective of market directionReply Link Track Replies Report Abuse Contrarian01 40 minutes ago+4 Votes (4 Up / 0 Dn) Request sentFutures are tracking EUR/USD tick for tick
Have to be a currency trader to trade in this market.
As always my friends...Counter Trend Tuesday is in effect.
You don't even have to pull up a chart of the E-mini's anymore just look at EUR/USD it's so crazy.Reply Link Track Replies Report Abuse Lawnmowerman 24 minutes ago+2 Votes (2 Up / 0 Dn) Request sentExactly!...I run Forex all nite long.Reply Link Track Replies Report Abuse doubledutch 22 minutes ago+2 Votes (2 Up / 0 Dn) Request sentNothing new,they playing this criminal fx game and not only through the EUR,from MarchReply Link Track Replies Report Abuse Ken-Dee 21 minutes ago+1 Vote (1 Up / 0 Dn) Request sentI can see the DOW and NASQ give back .75% to 1.25% by the close.Reply Link Track Replies Report Abuse doubledutch 7 minutes ago+2 Votes (2 Up / 0 Dn) Request sentTOKYO (Dow Jones)--Japanese Finance Minister Hirohisa Fujii said Tuesday the country's economy will likely worsen in the October-December period from the previous quarter, suggesting that Monday's strong third-quarter growth data have failed to alter his bearish outlook.
Come GS,let the carry run,my friends and i love to SELL the currencies on a even higher level and you pay for the change our profit.Reply Link Track Replies Report Abuse « «
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As if you, or anybody else, knows..................respectfully, of course"
- fishhook | 12:36 a.m. Today12:36 a.m. Nov. 17, 2009
+6 Votes (6 Up / 0 Down) First Take
Not all technicians wowed by 1,100 on the S&P 500
Did the stock market do something even more bullish than simply go up when the S&P 500 Index closed on Monday decisively above the 1,100 level?
5:14 p.m. Nov. 16, 2009 | Comments: 11
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Most readMost commented 1.The next meltdown is coming in 2012
2.New parents face a savings dilemma
3.Supercomputer makers must deal with power issue
4.Japan capital-raising fears may by overblown
5.Mutual funds' cash levels are quite high
Stocks surge as S&P 500 ends above 1,100 October retail sales rise 1.4% on rebound in autos Gold hits new highs as dollar weakens U.S. stock futures up before Bernanke, after data Bernanke sees moderate U.S. growth in 2010
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Japan's Nikkei 225 was down 0.1% with Australia's S&P/ASX 200 0.1% lower and South Korea's Kospi Composite falling 0.1%. Hong Kong's Hang Seng Index fell 0.4%. Dow Jones Industrial Average futures were down 17 points in screen trade.
The region was lagging the U.S., where all three major indexes rose to new closing highs on the year, helped by energy and materials firms.
The continued decline in the U.S. dollar - and consequent strength in Asia-Pacific domestic currencies - was causing some concern for exporter-related stocks. "Most exporters may underperform the market," said Yukio Takahashi, a market analyst at Mizuho Securities in Tokyo.
Commodity-related shares were however rising across the region after base metals gained Monday, with LME three-month copper hitting 14-month highs in London, rising more than 5.0%. Spot gold also briefly touched a record high of $1,143.30 a troy ounce in electronic trade.
In Japan, Inpex was up 0.5% with Sumitomo Metal Mining up 1.4%, while in Sydney BHP Billiton was up 1.9% and Macarthur Coal was higher by 3.8%. In Hong Kong, CNOOC was up 0.3% while China Shenhua rose 0.8% and in Indonesia, Antam was up 4.2%.
"As long as U.S. interest rates remain at current low levels, liquidity and dollar selling will continue to support commodity markets," said Mizuho's Takahashi.
In Shanghai, China Merchant Securities disappointed on debut with the stock only 12.9% higher at CNY35.01, versus market expectations for gains of 20% to 30%. The brokerage sold 358.5 million yuan-denominated A shares and raised $1.62 billion, after attracting CNY1.04 trillion in subscriptions.
In Taiwan, the index was 0.1% lower as financial stocks fell despite news Taiwan and China had signed a long-awaited financial memorandum of understanding late on Monday. IBT Securities analyst Regina Lee said profit-taking likely hurt the financial sector, but "the long-term strength of financial shares remains." Yuanta Financial was down and Mega Financial slipped 3.0%.
Elsewhere, the Shanghai Composite Index rose 0.3%. Singapore's Straits Times Index was down 0.4%, Malaysia's Kuala Lumpur Composite Index was up 0.4% and Philippine shares were up 0.2%. In Indonesia, stocks rose 0.4% while Thailand shares were 0.4% higher and New Zealand's NZX-50 was down 1.1%
In Tokyo, Canon shares rose 2.7% after news it would buy Dutch printer maker Oce NV for EUR730 million in cash, with the Japanese office machine maker aiming to grow amid shaky prospects for corporate spending.
Sellers were active in Australian banks, with Westpac off 2.2% and ANZ down 1.5%.
"We're seeing a continuation of yesterday's theme -- a switch out of the banks into the resources," said Chris Blair, head of retail broking at Patersons in Sydney. "The market's thinking banks aren't great value where they are, with yields a little low and valuations a little high."
Hynix Semiconductor fell 6.4% in Seoul after creditors said they may attempt to sell their collective 28% stake through a block deal if a public auction proved unsuccessful. Last week, Hyosung Corp. withdrew its bid for the controlling stake in Hynix.
New Zealand share investors were closely watching the currency market, with the Kiwi dollar briefly rising over US$0.75 against the U.S. dollar for the first time since late October.
Infratil slipped 1.3% after the infrastructure investor posted a first-half net loss, largely due to significant write-downs on existing assets.
In currency trade, tepid equities trade kept the euro contained at $1.4951 from $1.4972 in New York against the U.S. dollar and at Y133.26 from Y133.34 against the Japanese yen while the U.S. dollar was at Y89.04 against the Japanese yen, from Y89.08.
The Australia dollar came off 40 points to US$0.9334 after minutes from the Reserve Bank of Australia raised doubts about whether the central bank will continue to raise rates at its next policy meeting on Dec. 1. The Reserve Bank of Australia flagged further gradual increases in interest rates but said it is unsure how quickly it will make the policy adjustments.
Hayden Atkins, an economist at Macquarie Bank, said the RBA's minutes illustrate that while the bank remains committed to further tightening, much will depend on the data flow between now and the December meeting.
Lead December Japanese government bond futures were 0.27 higher at 139.13 points, but traders expected some resistance around 139.40. "Given the new government's stance on debt issuance remains uncertain, it's difficult for players to keep buying JGBs actively," said Katsutoshi Inadome, an analyst at Mitsubishi UFJ Securities.
The London Mercantile Exchange 3-month copper contract was down $51 at $6,798 per ton from the PM kerb, while nickel was up $50 at $16,850 from Monday's kerb. Spot gold was down $1.20 from New York levels, at $1,138 a troy ounce.
Front-month Nymex crude oil futures were 31 cents lower on Globex at $78.59 a barrel, having risen $2.55 or 3.3% in New York.
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freedom4truth 2 hours ago+6 Votes (7 Up / 1 Dn) Request sentReallity will have to come at some pointReply Link Track Replies Report Abuse ehoffner 2 hours ago+1 Vote (5 Up / 4 Dn) Request sentIt will come at some point. Just not this yearReply Link Track Replies Report Abuse fishhook 1 hour ago+6 Votes (6 Up / 0 Dn) Request sentAs if you, or anybody else, knows..................respectfully, of courseLink Report Abuse VegasBill 2 hours ago+5 Votes (5 Up / 0 Dn) Request sentThe big money players have figured a way to use the dollar and S&P for an arbitrage. Watch the Euro and SPY and they move in mirror tandem. The market is not moving on fundamentals at all.
I saw this movie in 1987 while a stockbroker at the old Shearson Lehman Bros. Portfolio insurance they called it, but is was just a computer generated arbitrage between the S&P futures and the cash market. It made for some wild rides when these buy and sell programs kicked in. Of course it ended badly when the market crashed 500 pts in one day.
This market is like little boys playing sword-fight with tree branches. Its all fun till someone loses an eye. When all these dollar short positions try to unwind at once, it could be one for the record books. Protect yourself with puts if you are long. Your profits could disappear in minutes.Reply Link Track Replies Report Abuse Phil5280 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentMeredith Whitney telling it like it is - Double dip recession straight ahead:
http://www.bloomberg.com/apps/news?pid=20601087&sid=azJaqGLg0KMw&@#$%&!=6Reply Link Track Replies Report Abuse ehoffner 1 hour ago-4 Votes (1 Up / 5 Dn) Request sentI have never seen the bears so quiet. Might tell you something short term.Reply Link Track Replies Report Abuse Phil5280 1 hour ago+5 Votes (5 Up / 0 Dn) Request sentYeah, everything is peachy ehoff!! Ambac is going to default, Meredith calls a double dip today and GMAC says they are doing better than ever after a 1 billion dollar loss!!!Reply Link Track Replies Report Abuse CommonSense56 1 hour ago+5 Votes (5 Up / 0 Dn) Request sentAll it tells you is that they are getting totally fed up with the manipulation and with trying to talk some common sense into people.
I am out of here in the very near term.Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+3 Votes (3 Up / 0 Dn) Request sentWhy the bears are quiet.
The saying goes that when all the bears throw in the towel that is the time of greatest danger of a crash .Reply Link Track Replies Report Abuse ExMarketTrader 31 minutes ago+1 Vote (1 Up / 0 Dn) Request sentRight. It's not rocket science.Link Report Abuse doubledutch 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentWith Australian dollar eased after board minutes indicated the Reserve Bank of Australia (RBA) is in no great hurry to raise official interest rates and EUR,Crude,..... from the high is the risk trade,still the ONLY reason stocks are on this insane P/E level,more difficult. The top ..........
http://www.forexdirectory.net/aud.html
Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+3 Votes (3 Up / 0 Dn) Request sentHere's another sign of how wrong the bulls are , pieces of mail handled by US post had the largest drop in its entire history .That includes the depression years according to the USPS website the largest drop percentage wise was between 1931 and 1932 it was by my calculation 9% . This report from CNN shows a recent drop of 12.7% .
Ongoing losses
This is the third year in a row that the agency has posted a loss; it lost $2.8 billion in fiscal 2008, and $5 billion in 2007. The USPS is a self-supporting government agency that receives no tax dollars. It relies solely on the sale of postage and products and services to generate sales.
The Postal Service reported operating revenue of $68.1 billion, down 9% from last year, while its operating expenses fell to $71.8 billion, down 7% from 2008.
The service's total mail volume plunged by more than 25 billion pieces, or 12.7%, to 177.1 billion pieces. That drop was twice as much as any mail volume decline in the Postal Service's history.
There is a strong correlation between unemployment and mail volume, according to Corbett, which means that mail volumes will continue to decline as the unemployment rate climbs.
Reply Link Track Replies Report Abuse its not rocket science 1 hour ago+4 Votes (4 Up / 0 Dn) Request sentmore bad news for the bulls
The insider buying & selling data for the week ending November 13th worsened substantially. Total insider selling jumped to over $960MM vs last week’s reading of $729MM. Buying fell to the nearly non-existent level of $29MM. Sales by Bill Gates accounted for almost $200MM worth of the selling, but outside of these sales the selling was broad based. Despite a soaring stock market, insiders continue to exhibit very little confidence in their own companies through the use of their personal fortunes.Reply Link Track Replies Report Abuse doubledutch 55 minutes ago+4 Votes (4 Up / 0 Dn) Request sentEven GS , the ultimate insider,is down in a big up market !Reply Link Track Replies Report Abuse Lawnmowerman 56 minutes ago+2 Votes (2 Up / 0 Dn) Request sentVegasBill is right on target,its about the USD carry trade and the (opposite mirror effect) on SPY of one up and the other down intraday and the program buy and sells around it.If you watched all last week intraday..lower volume buys and larger volume sells.Also the direction of the EUR/USD currency pair.
Has nothing to do with anything else.Reply Link Track Replies Report Abuse Gumboot 55 minutes ago+3 Votes (3 Up / 0 Dn) Request sentPARIS, Nov 17 (Reuters) - Financial bookmakers expect the leading European indexes to fall on Tuesday, as a dip in oil and metal prices prompt investors to book profits after stocks hit a 13-month closing high in the previous session. Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 22 to 27 points lower, or as much as 0.5 percent, Germany's DAX .GDAXI to open 29 to 35 points lower, or as much as 0.6 percent, and France's CAC-40 .FCHI to open 12 to 15 points lower, or as much as 0.4 percent.Reply Link Track Replies Report Abuse doubledutch 47 minutes ago+3 Votes (3 Up / 0 Dn) Request sentCrude is down,because of the 143 million barrels on sea going nowhere and has NOTHING to do with investment,hedgies,contango....THERE ISN'T DEMAND !
Further is in China(not only in China) the GDP FAKE and the economic numbers( use of electricity,gas,.. are down ! ! )BOGUS and the still far to high crude and copper price Bloomberg/CNBC PROMOTION and GS MANIPULATION.Plenty crude,copper,... ww available !
The green O,B,G and S shoots are big LIES and the GS China story 100% FANTASY !
Reply Link Track Replies Report Abuse flintooffm 42 minutes ago+1 Vote (1 Up / 0 Dn) Request sentToday all markets will be in redReply Link Track Replies Report Abuse flintooffm 40 minutes ago+1 Vote (1 Up / 0 Dn) Request sentI think the corporates / stocks who don't pay fees to GS/JPM gets booted irrespective of market directionReply Link Track Replies Report Abuse Contrarian01 40 minutes ago+4 Votes (4 Up / 0 Dn) Request sentFutures are tracking EUR/USD tick for tick
Have to be a currency trader to trade in this market.
As always my friends...Counter Trend Tuesday is in effect.
You don't even have to pull up a chart of the E-mini's anymore just look at EUR/USD it's so crazy.Reply Link Track Replies Report Abuse Lawnmowerman 24 minutes ago+2 Votes (2 Up / 0 Dn) Request sentExactly!...I run Forex all nite long.Reply Link Track Replies Report Abuse doubledutch 22 minutes ago+2 Votes (2 Up / 0 Dn) Request sentNothing new,they playing this criminal fx game and not only through the EUR,from MarchReply Link Track Replies Report Abuse Ken-Dee 21 minutes ago+1 Vote (1 Up / 0 Dn) Request sentI can see the DOW and NASQ give back .75% to 1.25% by the close.Reply Link Track Replies Report Abuse doubledutch 7 minutes ago+2 Votes (2 Up / 0 Dn) Request sentTOKYO (Dow Jones)--Japanese Finance Minister Hirohisa Fujii said Tuesday the country's economy will likely worsen in the October-December period from the previous quarter, suggesting that Monday's strong third-quarter growth data have failed to alter his bearish outlook.
Come GS,let the carry run,my friends and i love to SELL the currencies on a even higher level and you pay for the change our profit.Reply Link Track Replies Report Abuse « «
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As if you, or anybody else, knows..................respectfully, of course"
- fishhook | 12:36 a.m. Today12:36 a.m. Nov. 17, 2009
+6 Votes (6 Up / 0 Down) First Take
Not all technicians wowed by 1,100 on the S&P 500
Did the stock market do something even more bullish than simply go up when the S&P 500 Index closed on Monday decisively above the 1,100 level?
5:14 p.m. Nov. 16, 2009 | Comments: 11
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Dentalfloss
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snapshot at 7 am
EUR/USD 1.49575 1.49585 437
USD/JPY 89.0200 89.0300 329.3
GBP/USD 1.68305 1.68320 217.8
USD/CHF 1.00885 1.00905 304.8
USD/CAD 1.04825 1.04850 213.8
NZD/USD 0.74710 0.74740 225.9
GBP/JPY 149.825 149.850 151.4
EUR/CHF 1.50910 1.50930 172.1
EUR/JPY 133.150 133.170 246.8
EUR/USD 1.49575 1.49585 437
USD/JPY 89.0200 89.0300 329.3
GBP/USD 1.68305 1.68320 217.8
USD/CHF 1.00885 1.00905 304.8
USD/CAD 1.04825 1.04850 213.8
NZD/USD 0.74710 0.74740 225.9
GBP/JPY 149.825 149.850 151.4
EUR/CHF 1.50910 1.50930 172.1
EUR/JPY 133.150 133.170 246.8
SuddenDeath
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good morning everyone,
Dentalfloss
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sabre tt..chartcraft use the dollar trade weighted index.not the currency index.
does anybody know which is the right one that is on most charts..??
does anybody know which is the right one that is on most charts..??
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