aussiebear Posted August 17, 2010 Report Posted August 17, 2010 Tentative action by the early openers: Kiwis -0.6%, Aussies +0.2%, Nikkers -1.1%, Sth Korea -0.1% and Singers +0.2%. In the Aussie market most sectors are marginally green with Gold up the most, +1.1%. Consumer Staples is the only downer, -0.2%.
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 http://www.engrish.com/2007/02/ill-take-a-quart/
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 Thanks to Alceringa and Doc for keeping the IDS thread moving while I was away. I stayed with my mother in her retirement village so there was certainly no undue excitement but it was good to catch up. My mother is back to her normal self now which is a relief to all us siblings. My sister came over for a day and we put together a complaint to the Medical Board regarding the Vascular Clinic procedure and the resulting dry gangrene so we'll see what happens.
capitall Posted August 17, 2010 Report Posted August 17, 2010 Thanks to Alceringa and Doc for keeping the IDS thread moving while I was away. I stayed with my mother in her retirement village so there was certainly no undue excitement but it was good to catch up. My mother is back to her normal self now which is a relief to all us siblings. My sister came over for a day and we put together a complaint to the Medical Board regarding the Vascular Clinic procedure and the resulting dry gangrene so we'll see what happens. Welcome back, Aussie. Glad that your Mum is back to her normal self. Hope your complaint gets due attention and has positive results. Here's something I posted over on MTM, in case anyone missed it. This is the shorter to-the-point 4-minute version with proposed solutions to the world economic crisis. http://www.themoneymasters.com/mm/ How to Fix the 2010 Depression - directed by Bill Still
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 The bullz made a run for it leaving All Ords +0.8% for the day. Financials and IT, both +1.3%, led the surge followed by Consumer Discretionary +1.2%. No red sectors but Energy had the least gain, +0.1%. A bit limp in Asia: China +0.1%, Honkers -0.2%, India +0.1% and Nikkers -0.4%. On to UK/Europe:
aussiebear Posted August 17, 2010 Author Report Posted August 17, 2010 China Confronts Export Dependence After Surpassing Japan BEIJING (AP) -- China's abrupt growth slowdown is sending a chill through Asian economies and as far away as Australia and Africa as its voracious demand for imports fades. Beijing is cooling its economy with lending and investment curbs after explosive 11.9 percent first-quarter growth fed fears of overheating. Growth is slowing more sharply than expected, cutting demand for American and European factory machinery, industrial components from Asia and iron ore and other raw materials from Australia and Africa. The timing is awkward for exporters that were buoyed by China's quick rebound from the global crisis and are seeing sales elsewhere weaken. The country had become more important than ever to its neighbors as its stimulus-driven expansion helped to cushion the blow of weak U.S. and European sales. China, which overtook Japan as the second-biggest economy in the second quarter, is a major market for Asian nations. It buys 28 percent of Taiwan's exports, 25 percent of South Korea's and more than 20 percent of mining giant Australia's. More than half of Hong Kong's exports go to the mainland.
bundys_dodge Posted August 17, 2010 Report Posted August 17, 2010 Kwave: Hats off to your call on Strayer. Have you looked at WYNN, the 6 bagger 100 P/E bloatware. I must say that the chart does not look all that bad. Any insights from the spaghetti land would be appreciated.
Ags Nightmare Posted August 17, 2010 Report Posted August 17, 2010 WMT and HD profit's up...revenues miss...should be good for rallies..it was the weather.. POT up 30...takeover bid rejected...never gonna hear the end of this one from Eddie and Cramit...Mosaic up 7... Rimm Blow Torch price already cut in half...poodit cuts price target to 70 with Buy rating...wtf ? don't think this day will be kind to bears..already heard that "bond money will be looking for a home today" theme on crapvision...
Ags Nightmare Posted August 17, 2010 Report Posted August 17, 2010 ....and so it begins here's your manifest destiny TJ...word rally.."rejected buyouts" M&A is back...cash on the sidelines..."we saved housing"...couple of revenue misses..."stoopid clowngress housing hearning....and off you go... I knew bears were in trouble when PT1 mentioned the Hindenburg yesterday...looks like Eddie is gonna have some money to build some new houses today...this could be a triple loch ness day..
bundys_dodge Posted August 17, 2010 Report Posted August 17, 2010 It will be interesting to see how VIX moves... of late it seems to have disconnected from the S&P500.
Brick Stoolhouse Posted August 17, 2010 Report Posted August 17, 2010 here's your manifest destiny TJ...word rally.."rejected buyouts" M&A is back...cash on the sidelines..."we saved housing"...couple of revenue misses..."stoopid clowngress housing hearning....and off you go... I knew bears were in trouble when PT1 mentioned the Hindenburg yesterday...looks like Eddie is gonna have some money to build some new houses today...this could be a triple loch ness day.. TJ's girlfriend "Mandy" had a good question this morning talking to the guy in the pits in Chicago. "Does this economic data make you bullish on equities"? Chicago pit dude: "We don't trade stocks here"
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