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B4 The Bell Moonday August 23


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Gold is showing some real strength here!

 

Busting a move in Euros.

 

[note: it closed at 335 on Friday - ignore the minus Euro sign as this is indicating the relative change between the Euro/Dollar cost and not the actual Euro/Euro inflection].

 

tny_au_en_euoz_2.gif

Gold/Euro 12 months.Macd looks good although slow stochs(not shown) is looking toppy.If it can get more upside mo-mo then perhaps a cross of 50 dma with the 200dma.

post-20-1093268860_thumb.png

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It's not like I sit around secretly hoping that the markets crash.

 

 

 

Well, yes it is.

 

:lol:

Secretly??? :D :D :D

 

Remind me not to tell you any secrets!

 

:grin:

 

DIE PIGGY DIE!!!

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Sphinxter;

 

I believe Kurt Richebaecher has written that Eurozone aggregate income statistics are not embellished with hedonic adjustment factors.

 

So, direct comparison of Eurozone and USA economic growth figures is as inherently misleading as direct comparison of velocities in miles per hour and kilometers per hour.

Thanks.

 

That's what I remember too.

 

However, I have not spent any time actually researching how they do it over there so I'm limited to what I read

 

My faith in Kurt is near perfect though.

 

One of the very few economists who actually analyzes the data using his large head.

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Temporary Open Market Operations for August 23, 2004

Last updated: August 23, 2004 09:53 AM

Number of operations today: 1

 

Delivery date: Monday, August 23, 2004

Maturity date: Tuesday, August 24, 2004

Type of operation: O/N RP

Operation close time: 09:45 AM

Total Money Value of Operation (in $bil.) 8.250

http://www.ny.frb.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE

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