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Intraday stool,....Op/Ex friday


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Posted

if you want to know why eurchf is falling?

Swiss firms and consumers should prepare for rising borrowing costs and exchange rates that are set freely by the market, Swiss National Bank board member Jean-Pierre Danthine said on Thursday in his first speech since joining the SNB board.

Posted

Roger in on currencies

 

" Investor Jim Rogers, chairman of Singapore-based Rogers Holdings, said he is shunning sterling because of the U.K.’s trade deficit.

 

“Things are pretty bad for sterling for the long, long, long term,” Rogers said in an interview with Bloomberg Television today. “I cannot imagine buying sterling back unless it gets really cheap.” "

 

"Rogers repeated that Greece shouldn’t be bailed out and that allowing the country to go bankrupt would propel the euro “through the roof” as investors concluded it was a “hard currency.”

 

“Why should you support people who’ve been living high on the hog on someone else’s money?” said Rogers, who said he has a “massive amount of short positions” in the single currency. "

 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aGdrjzLQ0ldQ&pos=5

Posted

I couldn't get on the site since yesterday, local time.

 

Not sure if Aussie Bear is tending to more important things or locked out also.

 

Anyway............

 

Footsie

 

image;size=239x110

 

 

DAX

 

image;size=239x110

 

 

CAC 40

 

image;size=239x110

Posted

Yah. She said she would not have access to compuker while with her mother.

 

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Posted

http://wallstreetexaminer.com/2010/03/19/why-this-bill-needs-to-pass-flawed-as-it-is/

 

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Posted

Loonie on its way to parity. 15 min ago higher than expected CPI and better than expected retail sales in Canada. Thats not a mixture which will lead to change in trend today.

Posted

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Posted

Remember when....

 

All the "Economic Bloggers" were ragging on the cash for clunkers program, and how all it would do is strip forward demand causing a collapse in sales at a later date?

 

So what has happened?

_____________________

J.D. Power & Associates, an auto-research firm, is now forecasting March U.S. sales will reach an annualized pace of 12 million cars and light trucks, the highest level the industry has seen in 18 months except for last August, when "cash for clunkers" rebates spurred sales.

 

Source

_____________________

 

Nuff said.

 

Just like on-air CNBC anal cysts, if they really knew WTF they were talking about they'd be making a mint using their so called knowledge and expertise to trade profitably rather than wasting their time chain-posting their flawed theories and publicly advertising their idiocy.

 

Queue the "it's all because of the Toyota recall incentives" rants...and "no one could have foreseen that"

 

Exactly.

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