aussiebear Posted September 16, 2011 Report Posted September 16, 2011 Unsurprisingly it's green for the early openers: Kiwis +0.6%, Aussies +1.3%, Nikkers +1.5% and Sth Korea +2.2%. In the Aussie market Energy and REITS, both +2.5%, are out in front with Gold -0.5% the only down sector.
aussiebear Posted September 16, 2011 Author Report Posted September 16, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted September 16, 2011 Author Report Posted September 16, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted September 16, 2011 Author Report Posted September 16, 2011 http://www.engrish.com/2003/07/cragston-monkey/
Drano Posted September 16, 2011 Report Posted September 16, 2011 no law against wishful thinking.....
aussiebear Posted September 16, 2011 Author Report Posted September 16, 2011 Up and sideways leaving All Ords +1.8% but still not looking convincingly bullish on the daily chart. REITS steamed up +3.6% followed by Energy +2.9% and Financials +2.2%. No red sectors. Over in Asia, Sth Korea +3.7%, Taiwan +2.6% China +0.3%, Honkers +1.8%, India +0.9% and Nikkers +2.3%. On to UK/Europe:
Pretzel Logic Posted September 16, 2011 Report Posted September 16, 2011 9-15 Update, with Bonus! Chart No material change from yesterday. The preferred count is still in business, and the wave labeled ii actually counts very well as an a-b-c. If that is the case, wave ii should be very close to completion, and we should see the market turn back down soon. Wave iii should see powerful selling, although it may start off tame as it rolls over... Be sure and check out the blog to claim your FREE Bonus! Chart! Eh, what the hell, I'll post it here too. A special free Bonus! only for Capitalstool.com readers! http://PretzelCharts.blogspot.com
specie Posted September 16, 2011 Report Posted September 16, 2011 In summary: - Gold’s long-term monthly chart is showing a major and bearish Rising Wedge pattern with a target range of $555 to $1,045 per ounce. - This pattern seems to reflect investor anticipation over an ever-weakening dollar driven by the by the Fed and the debt drama in the US. - However, gold’s near-term uptrend recently reversed and this suggests that investors may believe that the Fed will not be weakening the dollar any time soon. - In fact, one possible policy step to be announced from next week’s FOMC meeting is “Operation Twist” and something that might boost the buck. - Perhaps it is this possibility that has caused gold to trade into a Diamond Top that carries a target of $1,600 per ounce. - It would be a decline toward that target and gold’s 150 DMA near its QE2 trendline that could kick gold’s Rising Wedge into corrective action. As always, I welcome your comments. Best regards – Abigail Abigail F. Doolittle Peak Theories Research LLC www.peaktheories.com
specie Posted September 16, 2011 Report Posted September 16, 2011 i want to wish some real americans good luck tomorrow http://newsjunkiepost.com/2011/09/02/dhs-warning-about-anonymous-us-day-of-rage-and-occupy-wall-street/ “OCCUPYWALLSTREET will be an absolutely nonviolent event, safe for all people of all ages. Our goal is initiate a peaceful rejuvenation of democracy in America. If we are dispersed from Wall Street, we will simply return to nonviolently re-occupy the space. This is an opportunity for all Americans, on the right and the left, to speak out against the financial capture of our democracy.” http://www.thenewamerican.com/usnews/politics/8967-day-of-rage-wall-st-occupation-sparks-fears anal cysts are warning that serious chaos could ensue as a coalition of radical activists, leftist organizations, self-described “revolutionaries” and anti-capitalist agitators — some of whom are reportedly linked to the Obama administration — plots to “occupy" Wall Street starting on September 17. Under the banner of a “Day of Rage,” critics and supporters say the protests could be just the start of something much bigger — and the list of targeted cities in the U.S. and around the world is still growing. http://www.therightofway.net/2011/09/is-glenn-beck-right-about-91711/ Glenn warned that the conomy and Wall Street was going to come under attack by radicals on September 17th. What are they planning? Glenn explained and showed some of the warning signs. For example, when Glenn was down by Wall Street the other day he saw more security than he had ever seen – concrete blocks, bike racks, bomb sniffing dogs, and police. What do they know on Wall Street that isn’t being addressed in the media? Glenn discussed the plans that the radicals have for Wall Street – and it’s all going to start on September 17th with a plan to occupy Wall Street. Glenn warned over the summer that radical Marxist revolutionaries were starting to unite globally – and they are coming to the United States. Websites calling for a Tahrir Square moment in the US and for “US Days of Rage” to begin. http://blog.mydailycomplaint.com/2011/09/14/wall-street-occupation-72-hours.aspx?ref=rss On September 17, 20,000 of us will descend on Wall Street, the iconic financial center of America, set up a peaceful encampment, hold a people's assembly to decide what our one demand will be, and carry out an agenda of full-spectrum, absolutely nonviolent civil disobedience the likes of which the country has not seen since the freedom marches of the 1960s. From our encampment we will launch daily smart mob forays all over lower Manhattan … peaceful, creative happenings in front of Goldman Sachs; the SEC; the Federal Reserve; the New York Stock Exchange … and maybe even, if we can figure out where they're being held, at the sites of Obama's private $38,500 per person fundraising events happening somewhere in Manhattan on Sept. 19 and 20. Wasn't Obama just here collecting, he's such a pimp with fundraising.
Trader Joe Posted September 16, 2011 Report Posted September 16, 2011 Bulls Have The BallOK.. Shutting down for a weekend of R&R, visiting family, and a Phils game. Will check in from time to time as always. Back to a regular schedule on Tuesday. We'll try not to trash the place while your gone HOUSE PARTY!!!!! Santa rally may have already begun....who knows.I know one thing,anyone buying up here is taking on some major risk now,although a huge move up is a possibility.It's still a crap shoot.Not that it will happen,but imagine what a 50 or 60 point ES gap down would do right now to bulls.Things can and do change quickly. "Up here" Depends on where you look
Trader Joe Posted September 16, 2011 Report Posted September 16, 2011 UBS' "Joe Jett" Hardly looks like a guy that could lay a $2billion dump at your doorstep What I will say though, is when are banks going to learn to stop promoting "backoffice" folks to "the desk"...these guys/gals, often looked down upon by the "elite" Ivy Leauge douches are actually the ones with "all" the knowledge -- separation of dooties, and all that jazz wsj.com
Trader Joe Posted September 16, 2011 Report Posted September 16, 2011 I`m watching. Damn that mobile device thingy
Trader Joe Posted September 16, 2011 Report Posted September 16, 2011 Cutting out the middleman -- finally! Again, one must ask oneself, what value to banks provide? Do they manufacture anything, aside from economic disaster and misery? Do they innovate? What do they do that provides any incremental benefit to society at large? Aside from the ATM. None, no, no, nothing. But that indirect-bidder gauge may be losing strength because foreign buyers are opting to buy debt directly from the Treasury, a move that offers anonymity to foreign lenders who prefer not to telegraph the details of their purchases. In last month's 10-year and 30-year Treasury sales, data showed foreign parties scooping up a bigger portion of the paper than what was reflected in indirect bidding. This is "the first solid evidence" that foreign buyers are bidding directly for Treasurys, said William O'Donnell, interest-rate strategist at RBS. "The ages-old assumption that the indirect bidder award reflects the foreign bid is now just a relic of another age," he says. http://online.wsj.com/article/SB10001424053111904491704576573032674166502.html?mod=ITP_moneyandinvesting_7
specie Posted September 16, 2011 Report Posted September 16, 2011 anybody else prepared? didn't think so Albert Edwards Issues Warning: A S&P 500 'Killer Wave' Is Forming Picarda has observed eight "killer waves" in the the S&P 500 in the last 83 years. On average, the S&P 500 sinks 40% over 20 months. http://www.businessinsider.com/killer-wave-formation-sp-500-2011-9
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