aussiebear Posted May 1, 2012 Report Posted May 1, 2012 Apart from Japan early openers are relatively unfazed by the overnight action: Kiwis +0.2%, Aussies +0.3% and Nikkers -1%. Sth Korea closed. In Aussie sectors the only big mover is Energy +1.7% with the other sectors fighting for minor gains.
aussiebear Posted May 1, 2012 Author Report Posted May 1, 2012 Closed Closed Closed Closed Closed Closed http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted May 1, 2012 Author Report Posted May 1, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
DrStool Posted May 1, 2012 Report Posted May 1, 2012 Ilene Interviews Lee Adler About The Fed’s Dilemma April 30, 2012By Lee AdlerAaron Krowne and Lee Adler discuss John Hussman’s latest market view, and Ilene of Phil’s Stock World interviews Lee about what to expect from the Fed, and when to expect the market to head down. This is a subscriber only podcast. If you are not a subscriber, click here to access the most recent free podcast posted on Monday, April 23.
aussiebear Posted May 1, 2012 Author Report Posted May 1, 2012 There was a short lived flurry of activity mid arvo when the Reserve Bank cut rates .5% instead of the expected .25%. The index finished +0.7% with Energy +1.5% and Consumer Staples +1.4% the main gainers. Gold -0.3% was the only down sector. Asia closed with the exception of Nikkers, -1.8%. On to UK/Europe: Closed Closed
alceringa Posted May 1, 2012 Report Posted May 1, 2012 Interlude- http://www.youtube.com/watch?v=wsIbfYEizLk Judith can still belt out the songs 40+ years later.
DrStool Posted May 1, 2012 Report Posted May 1, 2012 Cycle Juxtaposition Could Tie Market In Knots for Months
Dopamine Posted May 1, 2012 Report Posted May 1, 2012 Krugman, debt doesn't matter, is making rounds again. Was on Charlie Rose yesterday. One thing that I found really funny was that him and Bernanke are pointing fingers at each other and calling each other reckless. For all the wrong reasons. Seems like insanity will continue until the wheels come off....whenever that is.
Scully Posted May 1, 2012 Report Posted May 1, 2012 For me, same game plan as yesterday. Currently own QQQ puts. QQQ has declined through its last support for a while - all I see is the old trend channel at 65.8 to 65.4, and a longer term support line at 65.0. Therefore I am hanging on, expecting more downside ahead.
Dopamine Posted May 1, 2012 Report Posted May 1, 2012 For me, same game plan as yesterday. Currently own QQQ puts. QQQ has declined through its last support for a while - all I see is the old trend channel at 65.8 to 65.4, and a longer term support line at 65.0. Therefore I am hanging on, expecting more downside ahead. I'll be looking to get short some time on Thursday....if they are kind enough to keep it up til then.
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