Guest The CoinGuy Posted December 12, 2002 Report Share Posted December 12, 2002 Dollar Declines as US Current Account Deficit Seen Widening snippit: ``The current-account deficit is a structural worry for the dollar,'' said Tony Robinson, chief investment officer at Attica Asset Management, which runs $200 million in assets. The U.S. shortfall widened to $132 billion in the third quarter, economists surveyed by Bloomberg expect a report at 1:30 p.m. London time to show. Japan's current-account surplus grew in October, according to government figures yesterday Market Mth Open High Low Last Change Date Time Bid Ask EuroFX(CME)(Globex) Mar 100.48 101.24 100.36 101.00 +0.60 US Dollar Index(NYBOT) Mar 105.54 105.58 105.15 105.35 -0.50 I'd say the dip in the dollar, and the relative strength in gold amounts to worries over the CAD #'s. TCG Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 12, 2002 Report Share Posted December 12, 2002 Link to comment Share on other sites More sharing options...
longOnUranus Posted December 12, 2002 Report Share Posted December 12, 2002 Just an aside: does anyone know if J Lo has any brains? Two have left her, Ben seems pretty bright. Just the ruminations of a dirty old man. Yosh - JohnQ likes graphs which go up. Should be "account deficit", which would be positive numbers. Otherwise, he might get concerned. Link to comment Share on other sites More sharing options...
fxfox Posted December 12, 2002 Report Share Posted December 12, 2002 e-wave guy onischka about DAX today: a break of 3180 leads us to 3270 and maybe 3320, after that downmove begins. DAX is right now at 3160. Would fit perfectly with a ramp in the a.m. and then down in the p.m. I really really hope that happens. Link to comment Share on other sites More sharing options...
Tchaikofsky Posted December 12, 2002 Report Share Posted December 12, 2002 Isn't this one on Mark's "I Dare You" short list? 8:54AM AutoZone: Merrill Lynch raises ests, ups target to $120 from $105 (AZO) 79.66 Link to comment Share on other sites More sharing options...
GregFokker Posted December 12, 2002 Report Share Posted December 12, 2002 Just an aside: does anyone know if J Lo has any brains? Two have left her, Ben seems pretty bright. Just the ruminations of a dirty old man. I disagree about Ben. He appears to be a person untroubled by any clear thoughts. The overdeveloped jaw and the "rebel without a clue" look of his gives it away- the guy's a moron and a sucky actor. Then again, so is JLo, probably. But then, I'm sitting here in my pyjamas typing about them, so who's the greater fool? Link to comment Share on other sites More sharing options...
Injured Grizzly Posted December 12, 2002 Report Share Posted December 12, 2002 This morning explains PG's increase in diaper sales. Sh*t is everywhere. Link to comment Share on other sites More sharing options...
simple guy Posted December 12, 2002 Report Share Posted December 12, 2002 I may want to upgrade my Q target today to about $26.38... that would be about a 38% mild retracement of recent leg 1 down from 28.70... and its why I should have trusted my instinct and waited it out... oh well... Following that, a leg to about $21.36 is possible, although it would take several weeks to transpire IMO So, thats the deal... the interim stop would be about 24.50 ish prior to year end... with a year end and early january bounce... Followed by Major downleg last several weeks into March.... In the meantime, shorts, bears may be a tad frustrated.... Link to comment Share on other sites More sharing options...
sweefraapp Posted December 12, 2002 Report Share Posted December 12, 2002 PM's back to about neutral. Link to comment Share on other sites More sharing options...
fxfox Posted December 12, 2002 Report Share Posted December 12, 2002 J Lo has a very very cute face but her ass MON DIEU! fokker, pyjamaS? I mean, you wear more than one? Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 12, 2002 Report Share Posted December 12, 2002 SG, There is a link on LOB about the rebalance on the QQQ next Friday (OE day). Do you think this could skew the charts? I am thinking of closing my RYVNX and moving into RYTPX (S&P). Link to comment Share on other sites More sharing options...
simple guy Posted December 12, 2002 Report Share Posted December 12, 2002 Final IMPORTANT note Just looked at my 1 min and 10 min charts from last few days on Q's, Nas etc... Looks like this morning is final wave 5 thrust up to finish the countertrend 2 to 2 1/2 day move.... This WILL BE FOLLOWED by a new downleg... this is going to be a VERY GOOD day to enter short positions. Looks like I was about 1/2 day early is all... Im confident in this forecast... but of course, I could be wrong... heh heh... Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 12, 2002 Report Share Posted December 12, 2002 The bogus transparecny is frustrating, but certainly nothing new. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 12, 2002 Report Share Posted December 12, 2002 Gift of the season for naughty bears. Link to comment Share on other sites More sharing options...
Guest Posted December 12, 2002 Report Share Posted December 12, 2002 PM's back to about neutral. Maybe they were thinking of selling it to support the paper. Ran a test and all the bids got pulled. Someone is getting smart. Link to comment Share on other sites More sharing options...
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