aussiebear Posted November 16, 2011 Report Share Posted November 16, 2011 Some ifs and buts for the early openers: Kiwis -0.6%, Aussies flat, Nikkers +0.1% and Sth Korea +0.6%. In Aussie sectors Miners +0.7% is at the top drifting down to Energy -0.9%. Link to comment Share on other sites More sharing options...
aussiebear Posted November 16, 2011 Author Report Share Posted November 16, 2011 http://finance.yahoo.com/intlindices?e=asia Link to comment Share on other sites More sharing options...
aussiebear Posted November 16, 2011 Author Report Share Posted November 16, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/ Link to comment Share on other sites More sharing options...
aussiebear Posted November 16, 2011 Author Report Share Posted November 16, 2011 http://www.engrish.com/2002/10/god-jesus/ Link to comment Share on other sites More sharing options...
aussiebear Posted November 16, 2011 Author Report Share Posted November 16, 2011 All Ords went for the slide today, closing -0.9%. Energy -2% was downside leader followed by Financials and Miners, both -1.1%. All red in Asia: China -1.8%, Honkers -1.9%, India +1.1% and Nikkers -0.8%. On to UK/Europe: Link to comment Share on other sites More sharing options...
Drano Posted November 16, 2011 Report Share Posted November 16, 2011 1241.75 at 12:50 a.m. eastern time. Link to comment Share on other sites More sharing options...
MrHanky Posted November 16, 2011 Report Share Posted November 16, 2011 1241.75 at 12:50 a.m. eastern time. Already back to 1250,the unstoppable force is back..... Link to comment Share on other sites More sharing options...
Rorschach Posted November 16, 2011 Report Share Posted November 16, 2011 Already back to 1250,the unstoppable force is back..... Nuts price action in Europe. I thought I was hallucinating when I saw 1239 on the ES future this morning and then woke up about an hour later to see it was 1257. I think a bomb is about to go off here. Link to comment Share on other sites More sharing options...
Rationalize Posted November 16, 2011 Report Share Posted November 16, 2011 Just found myself posting this reply on another site .. Harsh, but true in many respects. What would you say defines a 'successful' trader? Extremely money hungry, opportunistic without regard to the welfare of others, brutally single minded, strong mental arithmetic although tries to hide it, some applied math / stats knowledge, able to sell or influence others to get a better deal, highly aware of asymmetric payoffs. Never ever willing to share anything that will dilute his upside. Good luck mate. Link to comment Share on other sites More sharing options...
Dopamine Posted November 16, 2011 Report Share Posted November 16, 2011 Insane swings overnight. Link to comment Share on other sites More sharing options...
specie Posted November 16, 2011 Report Share Posted November 16, 2011 talk about yer haircuts! N.Y. Fed Asks Primary Dealers for More Margin on Some Mortgage Securities http://online.wsj.com/article/SB10001424052970204190504577040684087840856.html only part of the farticle taint no way i'm payin' the urinal for the trash they print found out it's probably related to this - http://www.theburningplatform.com/?p=25051 I’m cutting to the chase. This is no time to bury the lead. There are no mortgages to back Mortgage Backed Securities. Investors are holding pools of unsecured debt. This debt is not backed by liens against real property. What does that mean? For investors – pension funds, insurance companies, sovereign wealth funds, towns in Norway – it means you have been swindled. The investment products you purchased (Special Purpose Vehicles, converted to Trusts and later Bonds) don’t exist. And it looks like they never did. Link to comment Share on other sites More sharing options...
Rorschach Posted November 16, 2011 Report Share Posted November 16, 2011 WTI +$100. Short killer. Link to comment Share on other sites More sharing options...
DrStool Posted November 16, 2011 Report Share Posted November 16, 2011 talk about yer haircuts! N.Y. Fed Asks Primary Dealers for More Margin on Some Mortgage Securities http://online.wsj.co...4087840856.html only part of the farticle taint no way i'm payin' the urinal for the trash they print If you google the headline, you may get a link that allows access to the hole enchilada. Get it? HOLE enchilada? You know... Hole... heh... heh heh... Here's more: A transaction in so-called current coupon MBS, the most liquid securities in that market and the target of the Fed's policy-driven buying, is typically settled a month forward. Under this arrangement, known as a forward MBS agreement, the securities are delivered one month after the transaction takes place. That is where the counterparty risk arises for the Fed. Over that time, the value of the MBS can fluctuate and if the price were to rise, the central bank would have to pay a higher cost to replace them if a dealer failed to make delivery.The measure would be a blow to dealers as it would raise their trading costs. But the move could provide an extra layer of protection for the Fed against the risk that a dealer bank goes belly up. That risk became apparent with the collapse of MF Global Holdings Ltd., an investment bank that until its bankruptcy filing two weeks ago was listed as a primary dealer. Link to comment Share on other sites More sharing options...
bundys_dodge Posted November 16, 2011 Report Share Posted November 16, 2011 talk about yer haircuts! N.Y. Fed Asks Primary Dealers for More Margin on Some Mortgage Securities http://online.wsj.com/article/SB10001424052970204190504577040684087840856.html only part of the farticle taint no way i'm payin' the urinal for the trash they print found out it's probably related to this - http://www.theburningplatform.com/?p=25051 I’m cutting to the chase. This is no time to bury the lead. There are no mortgages to back Mortgage Backed Securities. Investors are holding pools of unsecured debt. This debt is not backed by liens against real property. What does that mean? For investors – pension funds, insurance companies, sovereign wealth funds, towns in Norway – it means you have been swindled. The investment products you purchased (Special Purpose Vehicles, converted to Trusts and later Bonds) don’t exist. And it looks like they never did. Cut and paste the title and do a Google search. Then click on the search result. Viola! - there is the full article. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 16, 2011 Report Share Posted November 16, 2011 WTI +$100. Short killer. Dong gold? Link to comment Share on other sites More sharing options...
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