K Wave Rider Posted March 5, 2009 Report Share Posted March 5, 2009 NQ just got down under 1195. I went dong in anticipation of the inevitable bounce. Covered short from yesterday afternoon just under 695....may regret it if they dont hold it here... Link to comment Share on other sites More sharing options...
psyche doctor Posted March 5, 2009 Report Share Posted March 5, 2009 Covered short from yesterday afternoon just under 695....may regret it if they dont hold it here... Just picked up some more nq dongs under 1190. Just looking for about 15 points here. The market is going to open up extremely Dover Sole short-term and a bounce is likely. Link to comment Share on other sites More sharing options...
K Wave Rider Posted March 5, 2009 Report Share Posted March 5, 2009 Euro working its way toward the line at 1.25 again... Link to comment Share on other sites More sharing options...
aussiebear Posted March 5, 2009 Author Report Share Posted March 5, 2009 South African House Prices Decline for Third Month March 5 (Bloomberg) -- South African house prices fell for a third month in February, declining 1.3 percent from a year ago, said Absa Group Ltd., the country?s biggest mortgage lender. Nominal house prices dropped to 950,800 ($91,878), the Johannesburg-based lender said in an e-mailed statement today. Prices fell a revised 0.9 percent in January. South Africa?s economy, the biggest on the continent, will probably expand 0.5 percent this year, Absa said, compared with 3.1 percent in 2008. Mining companies and manufacturers are cutting jobs, which may further undermine consumer spending, pushing nominal house prices down between 3 percent and 4 percent this year, the lender said. Link to comment Share on other sites More sharing options...
Rounder Posted March 5, 2009 Report Share Posted March 5, 2009 Euro working its way toward the line at 1.25 again... EUR Falls on speculation ECB to lower rates Perhaps we test 1.25 once again... Link to comment Share on other sites More sharing options...
Cassiopeia Posted March 5, 2009 Report Share Posted March 5, 2009 ES down 20 pernts from D high. It was a pretty powerful one. I expect it to keep on giving. Posted last night M2M. I will post any Up Divies today. I added to swing short Quads at an inopportune time yesterday but it's paying off now! Bears Link to comment Share on other sites More sharing options...
Charmin Posted March 5, 2009 Report Share Posted March 5, 2009 I think gapping up yesterday was a negative - reminder to self. Gapping down and selling hard and then reversing is better for bulls looking for Mr. Bottom Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 BOE starting the ball rolling with its stated intention to print ... can the other central banks be far behind? Deflationists has been on top lately. Will the hyper-inflationists get their day in the sun? Gold sorta teasing after bouncing off $900. http://www.marketwatch.com/news/story/ecb-...mp;siteid=yhoof The move comes after the Bank of England cut its key lending rate to 0.5% and announced a program of "quantitative easing" -- purchasing assets to effectively print money in a bid to prevent a deflationary spiral LONDON (MarketWatch) -- The Bank of England on Thursday cut its key lending rate nearly to zero and announced it would launch an unprecedented program to effectively print money by buying up to 75 billion pounds ($105.8 billion) in assets from financial institutions in a bid to ramp up spending and prevent a deflationary spiral. The nine-member Monetary Policy Committee cut the bank rate from 1% to 0.5%, the lowest level in the central bank's 300-year-plus history. The rate cut was widely anticipated and could be the final reduction in a series of cuts that have slashed the key lending rate from 5% since October. In a statement, the MPC said the bank would buy a total of 75 billion pounds in assets over the next three months. The majority of purchases will be government bonds, or gilts, the BOE said. Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 Ooooh.... How green is my island? How deep is the sea? Link to comment Share on other sites More sharing options...
Rounder Posted March 5, 2009 Report Share Posted March 5, 2009 Back to personal instruction manual for management of large debt laden cooperation who's stock price falls below 10 bucks... 1.) buy your own companys stock - check 2.) appear on CNBS and say everything is gonna be ok... check (right now) GE Follow Up: General Electric CFO, on Crapvision, discusses recent speculation about GE Capital "Reiterates that the company has an incredibly strong liquidity position. Says there are no triggers that would put sudden strain on short term cash" Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 Ooooh.... How green is my island? How deep is the sea? Is that a reference to England's green & pleasant land? Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 They are printing to try to fill a black hole. Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 Good Morning! Welcome to Intraday Stool! Thanks to aussiebear for her daily opening! You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply. If you have questions about how to register and post, use the Help link in the menu bar at the top of the page. If you know others who might be interested in joining us, use the email to a friend link above the thread. Many tanks for joining us! Doc Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days! Get this indispensable daily analysis and support the Stool! Link to comment Share on other sites More sharing options...
POTUS Posted March 5, 2009 Report Share Posted March 5, 2009 What happened to my rallly? Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 GBP was close to parity against the dollar back in 1985. Wonder if we will get back to that. It was two for one just last year. Link to comment Share on other sites More sharing options...
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