aussiebear Posted August 28, 2007 Report Share Posted August 28, 2007 http://finance.yahoo.com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted August 28, 2007 Author Report Share Posted August 28, 2007 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Currencies/Au/Ag Link to comment Share on other sites More sharing options...
aussiebear Posted August 28, 2007 Author Report Share Posted August 28, 2007 Down today but the action is by no means bearish. All Ords -0.4% with relatively minor drops in most sectors. Telecomms is down the most, -1.5% followed by Healthcare, -0.9%. Of the three green sectors, Consumer Staples has the most gain, +1.1%. A smallish drop on the miners: BHP -0.4%, RIO -0.6% and in the golds, Newcrest -0.3% and Newmont -1.2%. Oils low volume: Woodside +0.5%, Santos +1.3% and Caltex -1.2%. Link to comment Share on other sites More sharing options...
aussiebear Posted August 28, 2007 Author Report Share Posted August 28, 2007 A bit of a rollercoaster today. All Ords closed -0.1% with a reshuffle in the sectors. Property Trusts popped into the lead, +2.2% followed by Energy +0.9%. At the other end Telecomms dropped the most, -1.8%. In the miners, RIO went green, +0.7% and BHP remained slightly red, -0.2%. Golds remained down, Newcrest -0.9% and Newmont -1.6%. Oils did ok, Woodside +2.1% and Santos +0.8%. Mixed in Asia but at this stage Sth Korea is the only market with a significant gain, +1.5% with Honkers and Singers -0.7% and Nikkers -0.1%. And on to UK/Europe: http://finance.yahoo.com/intlindices?e=europe Link to comment Share on other sites More sharing options...
aussiebear Posted August 28, 2007 Author Report Share Posted August 28, 2007 Rams Turns to Australian Market After Failure in U.S. Aug. 28 (Bloomberg) -- Australia's Rams Home Loans Group Ltd. said it will try to sell more mortgage-backed bonds in the domestic market after failing to refinance A$6.18 billion ($5 billion) of short-term debt in the U.S. this month. The Sydney-based company plans to increase its funding from residential mortgage-backed securities in Australia to A$4.07 billion from A$3.8 billion as of June 30, it said in a statement. Rams, which touts loans for as much as 100 percent of the purchase price of a home under the slogan ``No deposit? No worries!'' started trading its shares the same day that the risk of owning corporate bonds soared to the highest on record in the U.S. and Europe. No Australian lender has sold mortgage-backed securities in the local market for a month as the cost of selling debt has soared, underscoring the difficulties faced by non-bank home- loan firms in financing their businesses amid the current credit crisis. Members Equity Bank Ltd., a Melbourne-based non-bank lender, was forced to scrap a A$500 million sale of home loan-backed bonds Aug. 3 after failing to find buyers. Link to comment Share on other sites More sharing options...
Goldmember Posted August 28, 2007 Report Share Posted August 28, 2007 So U-Rope shits the bed after the Wanker Colonistas over across the 'Lantic HAD A LITTLE 14 MINUTE SELLOFF AT THE END OF THE DAY!!!!!!!!!!!!!!! .....sounds about right. Link to comment Share on other sites More sharing options...
fxfox Posted August 28, 2007 Report Share Posted August 28, 2007 TRE weekly log chart wasnt that once a stoolie cult stock? Looks like consolidation pattern, will the "beleivers" buy at 4.50? Support at 4 by the 200 EMA weekly. Chart ?ffnen Link to comment Share on other sites More sharing options...
alceringa Posted August 28, 2007 Report Share Posted August 28, 2007 Low clouds here tonight which have broken right at 50 past the hour, just in time to get a glimpse of totality. Moon looks copper-ish colored. Anybody else watching the ecllipse? Link to comment Share on other sites More sharing options...
hokahay Posted August 28, 2007 Report Share Posted August 28, 2007 Low clouds here tonight which have broken right at 50 past the hour, just in time to get a glimpse of totality. Moon looks copper-ish colored. Anybody else watching the ecllipse? 603493[/snapback] Ah, roger, captain over. Gimme a vector, victor. Yes. the view from Jensen Beach, FL is great. However, The no-see-ums and mosquitos and such are keeping me inside and looking out the window. Clear sky and plenty dark enough. Link to comment Share on other sites More sharing options...
alceringa Posted August 28, 2007 Report Share Posted August 28, 2007 Ok 33 past the hour local. Middle of totality. Clear skies now. Not much light polution here in the Antepodes. Broke out the Jason Indy 500 Signature 7x35-6.5's. Nice view-looks like one of those Florida Valencia oranges. Link to comment Share on other sites More sharing options...
alceringa Posted August 28, 2007 Report Share Posted August 28, 2007 ECB offered € 210 bn in 1 week money- which is a net € 65 bn drain Still, € 210 bn is a lot of Franklins. http://www.ecb.int/mopo/implement/omo/html/index.en.html Link to comment Share on other sites More sharing options...
alceringa Posted August 28, 2007 Report Share Posted August 28, 2007 G'day TE! What's shakin' Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2007 Report Share Posted August 28, 2007 ECB offered ? 210 bn in 1 week money- which is a net ? 65 bn drain Still, ? 210 bn is a lot of Franklins. http://www.ecb.int/mopo/implement/omo/html/index.en.html 603496[/snapback] But a drain is a drain! That's the only thing that matters. The crisis is apparently easing for now, but the trend of destruction of liquidity by the central banks isn't. Those of you who recognize how earhshakingly crucial this is to our future will be ahead of the game. Tanks for reporting that Al! Muy importante! Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2007 Report Share Posted August 28, 2007 I get an email market letter from these guys every day. Seems important, but I never have time to read it. http://www.dramexchange.com/ Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2007 Report Share Posted August 28, 2007 Good Morning! Welcome to Intraday Stool! Thanks to aussiebear for her daily opening! You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply. If you have questions about how to register and post, use the Help link in the menu bar at the top of the page. If you know others who might be interested in joining us, use the email to a friend link above the thread. Many tanks for joining us! Doc Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days! Get this indispensable daily analysis and support the Stool! Link to comment Share on other sites More sharing options...
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