As for the news from the liars den: S&P Says End in Sight for Writedowns on Subprime Debt url Compare to: url and url Too bad nobody really has any credibility left, no? Now where's that study again that estimated close to $600 bln total ...

Wall Street close watch

On topic: CFOs: already in recession url

IS the US in Recession and whos fault is that?

If anyone is wondering where that 160 pip rally-for-no-reason came from - it was me, I left the house to go shopping at 11900, came back to 12030. I guess without me spreading my usual bearishness the markets simply concluded that things must be all ...

Wall Street close watch

Only 125 to break even now then! Lucky them! ;p

Wall Street close watch

Both lyrics and song are just so fitting if taken with a grain of salt and interpretative liberty: video Lyrics: url Excerpt: A suited man smiled said: "It's just a matter of time You can have the world at your feet by tomorrow just sign on this ...

Wall Street close watch

Ah and I see Gold is going for the big 000s as well, good good 1.0 USDCHF, 100 UJ, 1000$ gold, 110$ oil.... 1 and 0, popular digits! Binary code markets! Well Ben there goes your plan sorry Man guess ya can't but try try and try again *goes ...

Wall Street close watch

Some buy the 101.5 area, some sell the rally off of it I believe that if that weekly EJ TL I posted several times now goes we may just give Trichet his correction on the EURUSD he's so anxious about. One more trigger for the panic mood and we ...

Wall Street close watch

100 UJ hit More proof a carry unwind doesn't require / always come with USD buying - a USD selloff will do just fine as well. NOW things are interesting. Maybe we can also get 1.0 USDCHF this week?

Wall Street close watch

Shorting UJ (or the USD for that matter) for > 1 day has worked a treat here

Wall Street close watch

IMHO yes. As for the recession itself - it won't be anywhere near normal imho if what will cause it has been so artificially overblown that the tumble will be just as bad, if only as a "reversion to the mean" type of correction. People will feel ...

IS the US in Recession and whos fault is that?

Seems rallies were literally "half-"hearted...retrace to 50% of the last swing and then collapse Here's a piccie...even made a nice little setup for us all (no stochs required! ;p). Let's see what dire desperate measures we'll get ahead of the ...

Wall Street close watch

Great, now the only thing left missing for me is actually being able to see all the stuff that's being talked about Only thing I know is iceberg salad.. *feels left out* Can't we just go back to chanting "Dive DJI, dive!"? I finally want to ...

james16 Chart Thread

If EURUSD moves up 1000+ pips(1.4440-1.5500) and comes off a handful at each resistance/round number, why take the handfuls instead of the hundreds/thousands? I don't understand that approach at all. I also don't feel USD weakness is over if next ...

james16 Chart Thread

Found this while discussing gas/petrol prices with a friend who said "meh, it's cheap in the USA anyway" while I doubted.. Find this an interesting link, so I'm sharing: url And I love charts. No potential source for inflation visible since 2007, ...

Wall Street close watch

Just to add some more BB curve fitting to the equation (every 10 pip move is worth a headline there) Yen Rises on Speculation Exporters Buying After Growth Report url

Is Japan headed towards recession?

Is this another one of those "in an environment of USD weakness and rampant inflation, we shall add another 200 billion burden on ourselves to get out of the muck" strokes of genius or am I missing the pure ingenuity of it all? (I tend to do that ...

Wall Street close watch

Uh-oh folks we have the usual 'super-rescue everything plan' a few pips ahead of the key technical level break once again...this does not bode well

Wall Street close watch

This might be relevant to our interests url Also as I understand it China has a rampantly raging inflation which it must combat sooner rather than later and the Yuan and Yen are closely linked from what I gather - so the conclusion would be a ...

Is Japan headed towards recession?

Is it? Last year I read people quote 114.5 if I remember correctly. Or maybe it was in 2006. These figures seem to always float around. But doesn't both the market as well as currencies always fluctuate? Also I thought most of the asian tech exports ...

Is Japan headed towards recession?

I think we're in uncharted territory on the USDX and one of the prime rules is never to try and outguess a trend IMHO a lot of pairs can reach parity and this includes the USDCHF. Big whoop saying this NOW, but I was looking towards this ...

How low can it go?