[aussiebear]

Found in Beijing, China.

[aussiebear]

http://finance.yahoo.com/intlindices

[aussiebear]

http://money.cnn.com...s/morning_call/










http://www.kitco.com




http://www.kitconet....ase_metals.html

Energy futures

[aussiebear]

Choppy trading so far. All Ords -0.6% led by Financials -1.6% followed by Miners -0.8% and Materials -0.7%. At the green end, Telecomms +1.1%, Gold +1% and REITS +0.6%.

[aussiebear]

A continuation of Friday's downtrend. All Ords closed -1.5% with Miners in the downside lead, -3% followed by Materials -2.9% and Financials -2.5%. There were a number of minor greens: Consumer Staples +0.6%, Healthcare +0.5% and Telecomms +0.4% were the best performers.

Major red in Asia: China -5.8%, Honkers -3.3%, India -2.6% and Nikkers -3.1%.


On to UK/Europe:

Footsie




DAX




CAC 40

[aussiebear]

Japan Economy Grows 3.7%, Emerges From Worst Postwar Recession

Aug. 17 (Bloomberg) -- Japan’s economy emerged from its deepest postwar recession as exports and consumer spending rebounded. Stocks fell on concern the recovery won’t last.

Gross domestic product expanded at an annual 3.7 percent pace in the three months to June 30, the first growth in five quarters, following an 11.7 percent decline in the first three months of the year, the Cabinet Office said today in Tokyo. The median estimate of 22 analysts surveyed by Bloomberg News was for 3.9 percent growth.

[aussiebear]

U.K. Home Sellers Lower Asking Prices by Most in Eight Months

Aug. 17 (Bloomberg) -- U.K. home sellers lowered asking prices in August by the most in eight months as banks kept up the squeeze on credit, Rightmove Plc said.

The average cost of a home fell 2.2 percent to 222,762 pounds ($367,808) after gaining 0.6 percent in July, the owner of the U.K.’s biggest residential property Web site said today in a statement. Prices in London dropped 3.8 percent.

Consumers, with record debts of 1.5 trillion pounds, are also struggling with existing mortgage payments. Bradford & Bingley Plc, the biggest lender to U.K. landlords before it was taken over by the government, said last week the proportion of mortgages in arrears more than doubled in the first half.

[shorty]

healthy lil' 20-pernt hair trim fer bully on his spoozer crapcommon fraudex

no worries

whip out them dongs

good luck

bullphoria ain't pretty when reality strikes

[shorty]

aussiebear, on Aug 17 2009, 12:17 AM, said:

U.K. Home Sellers Lower Asking Prices by Most in Eight Months

Aug. 17 (Bloomberg) -- U.K. home sellers lowered asking prices in August by the most in eight months as banks kept up the squeeze on credit, Rightmove Plc said.

The average cost of a home fell 2.2 percent to 222,762 pounds ($367,808) after gaining 0.6 percent in July, the owner of the U.K.’s biggest residential property Web site said today in a statement. Prices in London dropped 3.8 percent.

Consumers, with record debts of 1.5 trillion pounds, are also struggling with existing mortgage payments. Bradford & Bingley Plc, the biggest lender to U.K. landlords before it was taken over by the government, said last week the proportion of mortgages in arrears more than doubled in the first half.

ouch!

[Rationalize]

Longer term SPX mechanical dong-o-matic reamsistance whole ding.

[Rationalize]

And for those who like paying commissions...

Shorter term mechanical chort-o-later.

Stop @ 1031.50

Entry @ 930.25

Target @ 898.50 [bwa ha ha, ha ha -- quietly.]

That's about 100 points down from current levels...

Bull market?

[shorty]

Rationalize, on Aug 17 2009, 01:47 AM, said:

Bull market?

snot a bull market

it's a markit o' bull

it's all crap

and it needs to git flushed

[shorty]

lotta folks gonna pull outta common stocks

roll all their profits into bargain CA stucco crapboxes

'cause ya can't lose in RE

they ain't makin' any more

[Rationalize]

shorty, on Aug 17 2009, 06:52 PM, said:

snot a bull market

it's a markit o' bull

it's all crap

and it needs to git flushed

Yup.. agreed. 100 pernt flush on the way, if my TA's worth anything

[Rationalize]

Donged 10 year futes @ 117'240.

Target 117'255

Stop 117'135