Guest Posted June 14, 2006 Report Share Posted June 14, 2006 http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 The buyers were waiting right from open as the last of the sellers reacted to the US action. All Ords off the lows, currently -0.3% after being down around 1.5% at one stage, however there will probably be some roller coaster action for the rest of the day. Materials is the only green sector, +0.5% and Energy is down the most, -1.4%; unusual to see those two diverge. BHP and RIO are both green with BHP +0.5% and RIO +2.3%. The golds are still red but it's minimal compared to the last few trading days. In the oils, Santos and Woodside are both down around -1.2% but buyers are nibbling. A fair range in Asia from China -1.6% to Taiwan +1.4%. Link to comment Share on other sites More sharing options...
bearvest Posted June 14, 2006 Report Share Posted June 14, 2006 Canadians: Not looking good: Link to comment Share on other sites More sharing options...
FeedFool Posted June 14, 2006 Report Share Posted June 14, 2006 There is still a possibility of hitting 10600 if we are looking at 4 year cycle low; under 10500 then anything can happen. As I have said if there is a liquidity crises then everything will get dumped even a low P/E stocks. Link to comment Share on other sites More sharing options...
Bungster Posted June 14, 2006 Report Share Posted June 14, 2006 Asian markets are green today. Maybe we bounce here... Bung Link to comment Share on other sites More sharing options...
Drano Posted June 14, 2006 Report Share Posted June 14, 2006 Asian markets are green today. Maybe we bounce here... Bung <{POST_SNAPBACK}> Green? Did someone say green? Nothing bad can happen when things are green! Link to comment Share on other sites More sharing options...
Drano Posted June 14, 2006 Report Share Posted June 14, 2006 Asian markets are green today. Maybe we bounce here... Bung <{POST_SNAPBACK}> I'm definitely planning on a bounce. Link to comment Share on other sites More sharing options...
Jetlag Posted June 14, 2006 Report Share Posted June 14, 2006 GOld touched 540 overnight and latched back Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 Oops bit late with the arvo report, been doing the backyard blitz for the last couple of days with more to come. I didn't get to see much of the action but I wasn't in the least surprised to see All Ords close +0.2%. This is a bounce off pretty good support but where it goes now is anyone's guess. Materials led the sectors, +1.3% and IT finished down the most, -0.5%. BHP and RIO had a good innings. BHP ended +1.5% and RIO did even better, +3.3%. In the golds, Lihir and Newcrest closed +1% but Newmont slipped into the red, -1.1%. The oils did well with both Woodside and Santos closing on their highs. A mixed bag in Asia ranging from China -2.5% to Taiwan, +2.1%. Over to UK/Europe: http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 U.K. May Jobless Claims Reach Highest in Four Years June 14 (Bloomberg) -- U.K. jobless claims rose in May to the highest in four years as the effects of last year's economic slowdown and higher energy costs prompted companies to shed workers. The number of people claiming jobless benefits climbed 5,800 from April to 950,900, the highest since April 2002, the Office for National Statistics in London said today. Economic growth slowed to 1.8 percent last year, the lowest rate since 1992, triggering the longest stretch of rising jobless claims for 13 years. Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 China's Industrial Output Growth Accelerates in May June 14 (Bloomberg) -- China's industrial production rose the most in two years in May, reinforcing expectations the central bank will further restrict lending in the world's fastest-growing major economy. Output at factories, mines and power plants climbed 17.9 percent after rising 16.6 percent in April, the Beijing-based National Bureau of Statistics said in a statement today. The gain beat every forecast in a Bloomberg News survey of 22 economists. Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 Australian Consumer Confidence Falls on Higher Rates June 14 (Bloomberg) -- Australian consumer confidence dropped to an eight-month low in June as record gasoline prices and higher interest rates sapped household budgets. An index measuring confidence fell 0.5 percent from May to 103.8, its second consecutive drop, according to a survey by Westpac Banking Corp. and the Melbourne Institute released today in Melbourne. Link to comment Share on other sites More sharing options...
Guest Posted June 14, 2006 Report Share Posted June 14, 2006 I was wrong. Just gave away another 2 1/2 % of my profits by my FTSE/DAX long shenanigans. I am hoping that the inflation figures cause a further ramp in the futures to get out of 2 positions breakeven. If not then I will close them for a loss then GO SHORT. What was I thinking. Even I think the decline is long in the tooth. Actually Wednesday and Thursday should be a bloodbaths according to my charts. RESESTABLISHING SHORTS and LIMIT ENTRY SHORTS BDK Link to comment Share on other sites More sharing options...
The End Posted June 14, 2006 Report Share Posted June 14, 2006 Jim Curry's Trendicator turned down yesterday. Short all rallies attitude has been confirmed. only took the first 100 points. Link to comment Share on other sites More sharing options...
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