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5/27 |
2009/5/21-29 [Finance/Investment] UID:53025 Activity:nil |
5/21 wtf dude, not again (US dollar index) http://quotes.ino.com/chart/?s=NYBOT_DX \_ You should definitely expect the dollar to fall further from here. Plan accordingly. -tom \_ what i've read is that commodity and production driven currencies not impaired by large debt obligations, may be a good investment, specifically for Asian economies ex-Japan. is there anything that the USG could do to thwart this hedge? What do you think? \_ There are tons of things the US government could do, and our economies are linked anyway. But I think it's a safe bet that the way we're printing money, the dollar is going down. -tom \_ yup, that is why Chinese was so pissed during that G20 summit. Either way, Chinese are fucked. kngharv \_ They can look at themselves in the mirror. They pinned their currency artificially low, effectively running every transaction at a loss. Now those losses are becoming realized. \_ Why are they fucked? You are assuming that the central bank is investing in dollars to make a profit. They aren't, they are trying to keep people working, which they are doing a good job at. |
5/27 |
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quotes.ino.com/chart/?s=NYBOT_DX c=indexes The March NASDAQ 100 posted an inside day with a lower close on Wednesday as it consolidated some of Tuesday's rally. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are neutral signaling that sideways trading is possible near-term. The March S&P 500 index closed slightly lower on Wednesday due to profit taking as it consolidates some of Tuesday's rally. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI have turned neutral signaling that sideways trading is possible near-term. The Dow closed lower on Wednesday due to profit taking as it consolidated some of Tuesday's rally but remains above the 10- day moving average crossing at 8698. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are neutral signaling that sideways trading is possible near-term. Closes below last Friday's low crossing at 8347 are needed to confirm that a short-term top has been posted. If the Dow renews this month's rally, the reaction high crossing at 9159 is the next upside target. First resistance is last Monday's high crossing at 9026. Second resistance is the reaction high crossing at 9159. First support is the 10-day moving average crossing at 8697. Second support is the 20-day moving average crossing at 8507. Quantcast The information contained in INO Quotes and all Chart pages is compiled for the convenience of site visitors and is furnished on a Exchange delayed basis by DTN, Nanex, and Tenfore ("Quote Providers"). The Exchange, INO and Quote Providers furnish quotes delayed at least 20 minutes without responsibility for accuracy and is accepted by the site visitor on the condition that transmission or omissions shall not be made the basis for any claim, demand or cause for action. The information and data was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options.. |