aussiebear Posted March 27, 2012 Report Share Posted March 27, 2012 A blip up for the early openers: Kiwis +0.2%, Aussies +0.7%, Nikkers +1.6% and Sth Korea +0.8%. Upward action for Aussie sectors: IT +2.4%, Healthcare +1.4% and Gold +1.2%. REITS -0.1% is the only down sector. Link to comment Share on other sites More sharing options...
aussiebear Posted March 27, 2012 Author Report Share Posted March 27, 2012 http://finance.yahoo.com/intlindices?e=asia Link to comment Share on other sites More sharing options...
aussiebear Posted March 27, 2012 Author Report Share Posted March 27, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/ Link to comment Share on other sites More sharing options...
aussiebear Posted March 27, 2012 Author Report Share Posted March 27, 2012 Found on nightstand in Nantong, China hotel room. Link to comment Share on other sites More sharing options...
aussiebear Posted March 27, 2012 Author Report Share Posted March 27, 2012 RBA signs $30b currency swap pact with China The Reserve Bank said it had signed a bilateral local currency swap agreement with the People's Bank of China (PBC). The central bank said the agreement allows for the exchange of local currencies between the two central banks of as much as $30 billion or 200 billion yuan. It is for an initial period of three years and can be activated by either party. The RBA said the deal aimed to support trade and investment between Australia and China, particularly in local-currency terms, and to strengthen bilateral financial cooperation. Normally payments are converted to USD and then to the individual currencies. Maybe this is a step toward the USD losing its global status as more countries deal direct... Link to comment Share on other sites More sharing options...
aussiebear Posted March 27, 2012 Author Report Share Posted March 27, 2012 All Ords closed +0.8%, yep right on resistance once again. In the sectors, IT +2.2%, Healthcare +1.5% were the leading sectors. Gold came in +1.2% but there was a lack of action in the general mining and materials sectors. All green in Asia: China +0.2%, Honkers +1.4%, India +0.5% and Nikkers +1.9%. On to UK/Europe: Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2012 Report Share Posted March 27, 2012 Everybody Wants To Be Al Capone free clip-http://bit.ly/HdpjDC from Radio Free Wall Street http://bit.ly/cKN85E Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 27, 2012 Report Share Posted March 27, 2012 It's gone from quiet to absolutely dead around here. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2012 Report Share Posted March 27, 2012 Bears have abandoned ship. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 27, 2012 Report Share Posted March 27, 2012 Bears have abandoned ship. Is short interest at record lows? Nope. It's rising.. http://www.4-traders.com/NYSE-EURONEXT-13866/news/NYSE-EURONEXT-NYSE-Amex-Issues-Short-Interest-Report-14239041/ Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2012 Report Share Posted March 27, 2012 Big Move Ahead For Gold Link to comment Share on other sites More sharing options...
Dopamine Posted March 27, 2012 Report Share Posted March 27, 2012 It's gone from quiet to absolutely dead around here. I think it's going to get even deader. But what happens in June when this greater fool game comes to an end? It could be spectacular. Link to comment Share on other sites More sharing options...
bundys_dodge Posted March 27, 2012 Report Share Posted March 27, 2012 Looks like its done sideways down and building base for another leg of upward thrust...unfortunately. Thrust may come come quickly too. Longer term stuff it looks done, though. So, mixed readings. Intermediate term thrusters should still give it enough push to at least challenge the highs about $10 away or so. Double top, with obligatory stop run a wee bit higher might be an interesting play, though. Shrot 390 maybe? Goldmember - Thanks for your response. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 27, 2012 Report Share Posted March 27, 2012 GDX acting like chit. I just dumped it at 50.46 for +1.66. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2012 Report Share Posted March 27, 2012 2 day cycle projection 1422. 5 day cycle projection 1425-26. I'll be out until this afternoon. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.