awaiting entry north
- #27,501
- Jan 20, 2011 5:55pm Jan 20, 2011 5:55pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
awaiting entry north
They will need the 2 cents, soon I think.
On the 5 trades I have taken on the 3 pairs I watch, I think I found the tops and bottoms to beat me up some.
I was expecting a breakout NORTH for EU here this hour, which would give AU some help to climb, but I have yet to get a good entry and exit.
Maybe in the next few hours my timing will get better.
TheCableGuy
- #27,517
- Jan 21, 2011 10:43am Jan 21, 2011 10:43am
- | Joined Feb 2010 | Status: Trader | 1,085 Posts
Use me as a contrarian indicator 
- #27,519
- Edited 12:52pm Jan 21, 2011 12:37pm | Edited 12:52pm
Just to add...i have parked my Vaux Corsa's up at a reduced rate from 0.9970 upwards.
I cashed in on the 1.0050...but i am have parked it there again...please take it...Thank You:-))
I would appreciate if the genuine nobular jockeys or the pump merchants who really think the yield is the only reason to be in this pair...please collect this Corsa's asap
I have no reason to doubt Level 4, and for that reason, i have today initiated coverage with a SELL note to clients with a Level 4 target of 0.8600-0.8900...and a possible test of 0.6500.
I really hope this is helping
Sanksalot
China's Hot Economy Surges 10.3 Percent In 2010
China's economy accelerated in the last quarter of 2010 to expand a blockbuster 10.3 percent for the year as its communist leaders struggle to keep growth on an even keel while cooling surging prices.
Figures released Thursday showed growth picking up in the fourth quarter, to 9.8 percent from 9.6 percent in July-September, as the world's second-largest economy gained momentum despite moves to curb a torrent of investment that is fanning politically risky inflation.
The news rattled investors who fear further moves to dampen credit. Markets across Asia fell, with Shanghai's benchmark Composite Index sliding 2.9 percent to 2,677.65.
"The only slight decline in inflation in December shows just how grim the situation is for cooling inflation," said Peng Yunliang, an analyst at Shanghai Securities. "In my view, inflation will remain a headache for the government in 2011."
Those pressures may force Beijing to slow the economy more aggressively, potentially crimping growth in a world increasingly dependent on Chinese demand.
Ma said the government had achieved "remarkable results" in its effort to cool inflation, adding: "But the price trends in 2011 cannot be taken lightly."
Many economists believe China's economy remains dangerously dependent on investment in real estate and construction. Such spending shot up 23.8 percent over a year earlier in 2010.
That was a big drop from the 30.1 percent increase fueled by stimulus spending to counter the global crisis in 2009. But renewed lavish lending by state-run banks may be inflating a potentially dangerous financial bubble and hindering moves to bring price increases under control, said IHS analyst Alistair Thornton.
"Should rampant liquidity drive inflationary pressure still higher, the policy dilemma facing the government will merely intensify," he said, characterizing moves to rein in credit so far as "timid."
China's leaders, mindful of the political turmoil brought on by previous bouts of inflation, have declared curbing price increases a top priority. They have hiked interest rates twice in the past four months and repeatedly tightened investment curbs to keep inflation from spreading throughout the economy.
Recent surges in costs for food and other basic necessities are hitting many families, especially those living on lower incomes.
"My pension is just 1,700 yuan ($260) a month, and even if it has been raised a bit, it cannot catch up with rising prices," said Ji Minlin, a 62-year-old retired bicycle factory worker who said she and her friends were combing supermarket for bargains.
"I do hope prices, especially food prices, won't rise anymore," she said.
Many analysts say authorities need to act more decisively to cool surging prices, especially as such pressures rise around the globe.
Following news earlier this week that the country's biggest state-run commercial banks splashed out nearly 240 billion yuan ($36.4 billion) in new loans in the first 10 days of the new year, the banking regulator again ordered banks to tighten risk controls and reportedly is considering ways to penalize banks for flouting orders to cut back lending.
"Because of the property bubble, risk exists almost everywhere in China's fragile financial system," said Yi Xianrong, an economist at the Chinese Academy of Social Sciences' Finance Research Center.
I cashed in on the 1.0050...but i am have parked it there again...please take it...Thank You:-))
I would appreciate if the genuine nobular jockeys or the pump merchants who really think the yield is the only reason to be in this pair...please collect this Corsa's asap
I have no reason to doubt Level 4, and for that reason, i have today initiated coverage with a SELL note to clients with a Level 4 target of 0.8600-0.8900...and a possible test of 0.6500.
I really hope this is helping
Sanksalot
China's Hot Economy Surges 10.3 Percent In 2010
China's economy accelerated in the last quarter of 2010 to expand a blockbuster 10.3 percent for the year as its communist leaders struggle to keep growth on an even keel while cooling surging prices.
Figures released Thursday showed growth picking up in the fourth quarter, to 9.8 percent from 9.6 percent in July-September, as the world's second-largest economy gained momentum despite moves to curb a torrent of investment that is fanning politically risky inflation.
The news rattled investors who fear further moves to dampen credit. Markets across Asia fell, with Shanghai's benchmark Composite Index sliding 2.9 percent to 2,677.65.
"The only slight decline in inflation in December shows just how grim the situation is for cooling inflation," said Peng Yunliang, an analyst at Shanghai Securities. "In my view, inflation will remain a headache for the government in 2011."
Those pressures may force Beijing to slow the economy more aggressively, potentially crimping growth in a world increasingly dependent on Chinese demand.
Ma said the government had achieved "remarkable results" in its effort to cool inflation, adding: "But the price trends in 2011 cannot be taken lightly."
Many economists believe China's economy remains dangerously dependent on investment in real estate and construction. Such spending shot up 23.8 percent over a year earlier in 2010.
That was a big drop from the 30.1 percent increase fueled by stimulus spending to counter the global crisis in 2009. But renewed lavish lending by state-run banks may be inflating a potentially dangerous financial bubble and hindering moves to bring price increases under control, said IHS analyst Alistair Thornton.
"Should rampant liquidity drive inflationary pressure still higher, the policy dilemma facing the government will merely intensify," he said, characterizing moves to rein in credit so far as "timid."
China's leaders, mindful of the political turmoil brought on by previous bouts of inflation, have declared curbing price increases a top priority. They have hiked interest rates twice in the past four months and repeatedly tightened investment curbs to keep inflation from spreading throughout the economy.
Recent surges in costs for food and other basic necessities are hitting many families, especially those living on lower incomes.
"My pension is just 1,700 yuan ($260) a month, and even if it has been raised a bit, it cannot catch up with rising prices," said Ji Minlin, a 62-year-old retired bicycle factory worker who said she and her friends were combing supermarket for bargains.
"I do hope prices, especially food prices, won't rise anymore," she said.
Many analysts say authorities need to act more decisively to cool surging prices, especially as such pressures rise around the globe.
Following news earlier this week that the country's biggest state-run commercial banks splashed out nearly 240 billion yuan ($36.4 billion) in new loans in the first 10 days of the new year, the banking regulator again ordered banks to tighten risk controls and reportedly is considering ways to penalize banks for flouting orders to cut back lending.
"Because of the property bubble, risk exists almost everywhere in China's fragile financial system," said Yi Xianrong, an economist at the Chinese Academy of Social Sciences' Finance Research Center.