Auslanco - GBP/JPY and GBP/USD (newstrade)
- #186,643
- Jul 30, 2009 7:56am Jul 30, 2009 7:56am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
My new quote for a month now...Buy on bad news, sell on good news
GJ PA wants to hit 160 before the reversal.
Consensus is that claims will rise to 575K from 554K but the probability of a print above 600K is quite high. The risk is that we do get that “6-handle” and that equity marts take a spill. The yen crosses, meanwhile, remain near the top of their intraday ranges but will undoubtedly follow equities on any correction lower. US Department of Labor says claims are now "back to trend" after seasonal adjustment difficulties.
[quote=azibi;2916020]
GJ PA wants to hit 160 before the reversal.
Consensus is that claims will rise to 575K from 554K but the probability of a print above 600K is quite high. The risk is that we do get that “6-handle” and that equity marts take a spill. The yen crosses, meanwhile, remain near the top of their intraday ranges but will undoubtedly follow equities on any correction lower. US Department of Labor says claims are now "back to trend" after seasonal adjustment difficulties.
[quote=azibi;2916020]
Am afraid you are right. Switch on CNBC, Bloomberg Tv, they are all in the conspiracy. Guys telling recession is over, S&P tp 1200/1500. How do you solve a problem with a Bbubbles economy? Right! Create another one. Gold even appoaching $ 1000!! Has the world gone crazy? How about $ 18 trillion debt....??
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- #186,646
- Jul 30, 2009 8:01am Jul 30, 2009 8:01am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #186,650
- Jul 30, 2009 8:07am Jul 30, 2009 8:07am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #186,653
- Jul 30, 2009 8:09am Jul 30, 2009 8:09am
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
strange , anything drive north can take the geppy with him
even a taxi driver in the wallstreet if he is going north be sure he will take the geppy north with him for some 100's pips
my god realy strange
even a taxi driver in the wallstreet if he is going north be sure he will take the geppy north with him for some 100's pips
my god realy strange
- #186,654
- Jul 30, 2009 8:11am Jul 30, 2009 8:11am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
actually its more like.
buy:
on good news
on bad news
on bankruptcy news
on earnings news
on jawboning news
on media commentator news
on analyst news
sell:
SEC bans price declines on all asset classes.
and withdrawing FUNDS from the accounts..
p.s.. yes i saw that too.. $3bln .. with nice 13% interest.. the question is: Who is loser here ??
- #186,655
- Jul 30, 2009 8:12am Jul 30, 2009 8:12am
U.S. Initial Jobless Claims Rise by 25,000 to 584,000 (Update1)
By Courtney Schlisserman
July 30 (Bloomberg) -- The number of Americans filing claims for jobless benefits last week held below levels seen in late June, before auto-related distortions set in, indicating firings are slowing as the economy stabilizes.
http://www.bloomberg.com/apps/news?p...d=aNg3FgKf5cMk
By Courtney Schlisserman
July 30 (Bloomberg) -- The number of Americans filing claims for jobless benefits last week held below levels seen in late June, before auto-related distortions set in, indicating firings are slowing as the economy stabilizes.
http://www.bloomberg.com/apps/news?p...d=aNg3FgKf5cMk
{Promotion Removed}
- #186,659
- Jul 30, 2009 8:33am Jul 30, 2009 8:33am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
strange , anything drive north can take the geppy with him
even a taxi driver in the wallstreet if he is going north be sure he will take the geppy north with him for some 100's pips
nothing new or to say that as not been said...
MY OPINION NOT FINANCIAL ADVISE
