aussiebear Posted June 20, 2013 Report Posted June 20, 2013 http://www.engrish.com/2012/11/i-totally-forgot-about-the-evil-stocks/ Bootleg DVD from China.
aussiebear Posted June 20, 2013 Author Report Posted June 20, 2013 Early openers taking a hit: Kiwis -0.7%, Aussies -1.9%, Nikkers -1.3% and Sth Korea -1.5%.In Aussie sectors, resources are into the abyss: Gold -4.3%, Miners -3.2%, Materials -3%. IT +1% and Healthcare +0.5% are the only greens.
aussiebear Posted June 20, 2013 Author Report Posted June 20, 2013 http://finance.yahoo...lindices?e=asia
aussiebear Posted June 20, 2013 Author Report Posted June 20, 2013 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html http://finance.yahoo.com/
rdkyote Posted June 20, 2013 Report Posted June 20, 2013 http://www.capitalstool.com/forums/index.php?showtopic=11963&p=904573 I have 3...and I think one of them is a spam follower.
joe3pack Posted June 20, 2013 Report Posted June 20, 2013 Hard to say. Yields are probably going higher, but I have no idea how high or when the next big move will be. Short term rates, I have no clue when they'll go up. I expect a monumental crash at some point but its form and what it will hit and how, I don't know. Yields could go higher then crash. Or go higher then explode. I just don't know. As I said in my interview the other day, which I hope will make the final cut in the documentary, I don't make predictions. I try to identify early on when trends are changing. The bond market trend changed a year ago and the trend of yields is up until something happens to signal that it's not. I would not want to be long fixed income and I would not want to be gambling on a rate lock if I had applied for a mortgage. thanks, doc. even though you don't make predictions, your crystal balls are more pendulous than mine.
joe3pack Posted June 20, 2013 Report Posted June 20, 2013 Why am I making money today? What happened? i had the same problem. bought HGT and TSLA last week, and they've been mostly farting their way upward.
DrStool Posted June 20, 2013 Report Posted June 20, 2013 Dealers Shake The Tree For Low Hanging Fruit- Professional Edition http://wp.me/p2r1d8-GvI
aussiebear Posted June 20, 2013 Author Report Posted June 20, 2013 I'm road testing a new home grown trading system and had a stack of go long signals on last night's charts. Maybe I've got a crash-hot-buy-the-dip strategy or maybe it's back to the drawing board..
aussiebear Posted June 20, 2013 Author Report Posted June 20, 2013 Unadulterated selling today with All Ords limping off the lows to close -2%. Gold -4.1% was the biggest loser along with Miners -3.1% and Financials -2.6%.A sea of red in Asia: China -2.8%, Honkers -2.9%, India -2.5% and Nikkers -1.7%. On to UK/Europe:
jp6 Posted June 20, 2013 Report Posted June 20, 2013 Gold line in the sand busted, Most gold miner are in trouble now Target price around $1000 next year
jp6 Posted June 20, 2013 Report Posted June 20, 2013 I'm road testing a new home grown trading system and had a stack of go long signals on last night's charts. Maybe I've got a crash-hot-buy-the-dip strategy or maybe it's back to the drawing board.. It always look bright when things are going up, year ending with 4 has not been good for stocks, check it out..IMHO Deflation is coming. IMHO Japan Kamikaze pilot with huge QE has done nothing for N225, it's all about market perception if the major players are on the wrong side they have to liquidate with that liquidity will evaporate like water
jp6 Posted June 20, 2013 Report Posted June 20, 2013 Bric countries will be in trouble real soonhttp://www.businessinsider.com/pboc-tough-stance-amid-liquidity-squeeze-2013-6 The Mechanism That Holds Chinese Banks Together Is Falling ApartChina's seven day repo rose to a record high of 10.77% in Shanghai, the highest since March 2003, according to Bloomberg*. Meanwhile, the one-day rate hit a record 12.85%. And Zerohedge reported that overnight repo hit 25%. The liquidity squeeze in China first began ahead of the Dragon Boat festival earlier this month. Spikes in interbank rates are common right before holidays.
alceringa Posted June 20, 2013 Report Posted June 20, 2013 Interlude...... ...no man does it all by himself.....
Recommended Posts
Archived
This topic is now archived and is closed to further replies.