aussiebear Posted November 16, 2009 Author Report Share Posted November 16, 2009 Japan GDP Accelerates Nov. 16 (Bloomberg) -- Japan’s economy expanded at the fastest pace in more than two years in the third quarter, led by a rebound in domestic demand that may ease concern of a return to recession next year. Gross domestic product rose at an annual 4.8 percent pace, more than the forecasts of all 20 economists in a Bloomberg News survey, after a 2.7 percent gain in the second quarter, Cabinet Office figures showed today in Tokyo. It was the second straight advance after the nation’s deepest postwar recession. Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 boner on copper Link to comment Share on other sites More sharing options...
Lemur Posted November 16, 2009 Report Share Posted November 16, 2009 3 months ago, i was reading some of these trader blogs out there and everyone wants to short at S&PEE 1100 & Dow 10334. Well, it's here and now folks want Dow 10,500 and S&PEE 1140. I'm sure if it does get there, every bear will want 11,000 and 1,200 on spooz. You see? The problem with most bears is, they don't believe their own bullshit. It's a pretty clear cut trade right here with max 5 point lost potential but yet bears are scared shitless. If the 50% retrace level for the Dow isn't a place to try, these bear blogs out there should just close shop. Well fighting this dollar carry trade has been murder(for bears) lately. That said, I went short Audusd on back kiss of the 900d on the 1 min chart. Tight stop. Link to comment Share on other sites More sharing options...
Lemur Posted November 16, 2009 Report Share Posted November 16, 2009 More of this here again today. Have to just sit here and trade. Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 Geithner Bond Wise Men Bury Warning as Options Rise Nov. 16 (Bloomberg) -- The options market shows investors are growing increasingly wary that U.S. debt sales may push yields higher even as inflation remains in check. http://www.bloomberg.com/apps/news?pid=206...DbEJE&pos=7 Doc, its for you The TBAC was formed shortly after World War II and made official through a 1972 act of Congress. It offers quarterly recommendations to the Treasury Secretary on managing the government’s debt. Members are appointed by the group’s chairman, currently Matthew Zames, the co-head of fixed income at New York-based JPMorgan Chase & Co. The group includes Paul McCulley, a managing director at Newport beach, California-based Pimco, the world’s biggest manager of bond funds; Scott Amero, chief investment officer of New York-based BlackRock Inc., which manages more than $500 billion; and Ashok Varadhan of Goldman Sachs in New York. “You have to be impressed with the depth and breadth of experience on this committee,” said David Ader, the head of government bond strategy at Stamford, Connecticut-based CRT Capital Group LLC. ‘Five Wise Men’ The group is similar to the “Five Wise Men” of Germany, a government-appointed panel of economic advisers that has counseled the government on matters related to the economy and the nation’s finances for almost half a century. That group now includes one woman. Dana Emery, executive vice president at Dodge & Cox Inc., and Irene Tse, managing director at Duquesne Capital Management LLC, serve on the TBAC. Link to comment Share on other sites More sharing options...
Lemur Posted November 16, 2009 Report Share Posted November 16, 2009 http://www.321gold.com/editorials/hoye/hoye111409.html Gold is generating its first daily upside exhaustion alert since January 2008. This alert occurs when a market exhibits urgency on the part of investors to buy. Major tops have been seen in gold when weekly and monthly alerts are generated. Daily signals, such as this, tend to occur around minor highs and lead to corrections back to test the most recent breakout or a pause until the 20-day moving average catches up to the price. In this case $1070 appears to be a reasonable targeted support Link to comment Share on other sites More sharing options...
Lemur Posted November 16, 2009 Report Share Posted November 16, 2009 Is this like one of those oil will stay above $100 on its way to $200 predictions.......... http://www.dailyfinance.com/2009/11/13/gol...s-swiss-dr-doo/ Marc Faber, investment advisor and fund manager to the uber-wealthy, says gold will forever stay above $1,000 an ounce. Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 hahahahaha, what a BS Obama Says U.S.-China Trade Spurs Prosperity for Both http://www.bloomberg.com/apps/news?pid=206...aH6GE&pos=8 Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 N.Y. $10 Billion Budget Gap Looms as Lawmakers Return to Albany Nov. 16 (Bloomberg) -- A month after New York Governor David Paterson proposed a plan to narrow a $10 billion budget gap the state faces in the next 17 months, lawmakers are set to return to the state capital of Albany today with no agreement in place. Paterson’s plan for mid-year spending cuts to education and Medicaid spending, the two largest parts of the state’s $133.2 billion budget, have been stumbling blocks since he made his proposal Oct. 15. A weekend of negotiations among staff and leaders of the Senate, Assembly and Division of Budget failed to produce agreement last night. After calling lawmakers “afraid politically” of interest groups that support spending on schools and health care, Paterson said in an interview yesterday on New York City radio station WBLS he was willing to “mortgage my political future” to balance the budget. Schools “will not have to lay off teachers” and “they will not have to raise school taxes,” Paterson said in the interview. “No Medicaid patient will lose services,” he said. The governor scheduled six radio appearances around the state this morning press his case. New York, which closed a record $17.7 billion budget gap in the budget approved in April, faces an additional $3.2 billion deficit for the year ending March 31, 2010, because tax revenue declined more than projected. Personal income tax collections fell $4.4 billion from a year earlier, the Division of Budget said Oct. 30, as the state’s unemployment rate rose to 8.9 percent in September from 5.8 percent a year earlier. http://www.bloomberg.com/apps/news?pid=206...A_II0&pos=9 Link to comment Share on other sites More sharing options...
Trader Joe Posted November 16, 2009 Report Share Posted November 16, 2009 Scary Clown is back.....11,000......knock, knock, knock Why 11,000? Because it is such a "psychologically important" level BWAHAHAHAHAHA Link to comment Share on other sites More sharing options...
Trader Joe Posted November 16, 2009 Report Share Posted November 16, 2009 Observations From A Market Guru "...gold will continue to go up until it doesn't" "...the chart is going from the lower left to the upper right, so you have to buy" "...must dance while the music is playing" "...if it hurts when you drop it on your foot" WHAT A DOUCHE Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 16, 2009 Report Share Posted November 16, 2009 ap GM reports $1.2B 3Q loss, says it shows progress GM reports $1.2B 3rd-quarter loss, revenue climbs and cash use falls as it makes progress http://finance.yahoo.com/news/GM-reports-1...set=&ccode= Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 16, 2009 Report Share Posted November 16, 2009 ap Lowe's 3Q profit falls but co. sees signs for hope Lowe's net income falls 30 percent in 3rd quarter but retailer says it sees some stabilization On 8:00 am EST, Monday November 16, 2009 http://finance.yahoo.com/news/Lowes-3Q-pro...set=&ccode= Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 copper fut hit max, 3.0665$ Link to comment Share on other sites More sharing options...
swordfish Posted November 16, 2009 Report Share Posted November 16, 2009 Indeks NY Empire State 23.5 pts (est: 30 pts.) Link to comment Share on other sites More sharing options...
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