aussiebear Posted March 27, 2012 Report Posted March 27, 2012 A blip up for the early openers: Kiwis +0.2%, Aussies +0.7%, Nikkers +1.6% and Sth Korea +0.8%. Upward action for Aussie sectors: IT +2.4%, Healthcare +1.4% and Gold +1.2%. REITS -0.1% is the only down sector.
aussiebear Posted March 27, 2012 Author Report Posted March 27, 2012 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted March 27, 2012 Author Report Posted March 27, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted March 27, 2012 Author Report Posted March 27, 2012 Found on nightstand in Nantong, China hotel room.
aussiebear Posted March 27, 2012 Author Report Posted March 27, 2012 RBA signs $30b currency swap pact with China The Reserve Bank said it had signed a bilateral local currency swap agreement with the People's Bank of China (PBC). The central bank said the agreement allows for the exchange of local currencies between the two central banks of as much as $30 billion or 200 billion yuan. It is for an initial period of three years and can be activated by either party. The RBA said the deal aimed to support trade and investment between Australia and China, particularly in local-currency terms, and to strengthen bilateral financial cooperation. Normally payments are converted to USD and then to the individual currencies. Maybe this is a step toward the USD losing its global status as more countries deal direct...
aussiebear Posted March 27, 2012 Author Report Posted March 27, 2012 All Ords closed +0.8%, yep right on resistance once again. In the sectors, IT +2.2%, Healthcare +1.5% were the leading sectors. Gold came in +1.2% but there was a lack of action in the general mining and materials sectors. All green in Asia: China +0.2%, Honkers +1.4%, India +0.5% and Nikkers +1.9%. On to UK/Europe:
DrStool Posted March 27, 2012 Report Posted March 27, 2012 Everybody Wants To Be Al Capone free clip-http://bit.ly/HdpjDC from Radio Free Wall Street http://bit.ly/cKN85E
I_Am_Madness Posted March 27, 2012 Report Posted March 27, 2012 It's gone from quiet to absolutely dead around here.
I_Am_Madness Posted March 27, 2012 Report Posted March 27, 2012 Bears have abandoned ship. Is short interest at record lows? Nope. It's rising.. http://www.4-traders.com/NYSE-EURONEXT-13866/news/NYSE-EURONEXT-NYSE-Amex-Issues-Short-Interest-Report-14239041/
Dopamine Posted March 27, 2012 Report Posted March 27, 2012 It's gone from quiet to absolutely dead around here. I think it's going to get even deader. But what happens in June when this greater fool game comes to an end? It could be spectacular.
bundys_dodge Posted March 27, 2012 Report Posted March 27, 2012 Looks like its done sideways down and building base for another leg of upward thrust...unfortunately. Thrust may come come quickly too. Longer term stuff it looks done, though. So, mixed readings. Intermediate term thrusters should still give it enough push to at least challenge the highs about $10 away or so. Double top, with obligatory stop run a wee bit higher might be an interesting play, though. Shrot 390 maybe? Goldmember - Thanks for your response.
I_Am_Madness Posted March 27, 2012 Report Posted March 27, 2012 GDX acting like chit. I just dumped it at 50.46 for +1.66.
DrStool Posted March 27, 2012 Report Posted March 27, 2012 2 day cycle projection 1422. 5 day cycle projection 1425-26. I'll be out until this afternoon.
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