Monday, May 31, 2010

Middle Of The Road


58 comments:

xerxes said...

Good Morning Dear Boris ....
Bit slow today ...

boris said...

Good Afternoon Dear
Xerxes

I h was out couple hours

xerxes said...

Good Morning Dear Boris ....

B-berg says that an adviser to the Greek gov't suggests that Greece default and leave the euro ...

ECB suggests that there will be huge bank losses exposed in 2011 and that public debt issuance will squeeze private attempts to sell bonds

xerxes said...

Bank losses could amount to 200 billion euros --- ECB

xerxes said...

EURUSD 1.15 this year --- Paris-Horvits

xerxes said...

Free fall Dear Boris, free fall ... Past the 50% en route to the launch price

boris said...

New
Cycle Counting and
Turn dates for Dollar

Update
At
Market Report

john said...

Boris

good swimming

old john

xerxes said...

A dire report prepared for President Medvedev by Russia’s Ministry of Natural Resources is warning today that the British Petroleum (BP) oil and gas leak in the Gulf of Mexico is about to become the worst environmental catastrophe in all of human history threatening the entire eastern half of the North American continent with “total destruction”

Do you know these guys Dear Boris :-)

http://www.eutimes.net/2010/05/toxic-oil-spill-rains-warned-could-destroy-north-america/

xerxes said...

MarkIt reports Italian CDS has exploded by 50bps, from 200 on Monday to 250bps, a new record.

boris said...

Emini 329
at

Market Report

boris said...

Dear John
Sorry,
Was busy, swimming
In
High Humidity.

(:-
Just do not like to put the Air-conditioner on for me( yes, for computers).

Well, I guess , summer is in high gear now

Good Trading Dear Friend John

boris said...

Dear Xerxes
Thanks for all the
Infotainment

Good Trading
My Very Dear Friend

xerxes said...

June 1 (Bloomberg) -- The Bank of Canada raised its key interest rate from a record low today, the first Group of Seven country to do so since last year’s global recession, and said further moves will be “weighed carefully” against future growth in Canada and elsewhere.

The target rate on overnight loans between commercial banks rose to 0.5 percent from 0.25 percent

boris said...

5 min data
on
Market Report

boris said...

almost 200 pip turn around in
EURO today, so Far

xerxes said...

Jim O'Neill must have been buying Dear Boris ... He says EURUSD should be 1.35 :-)

xerxes said...

Good Morning Dear Boris

xerxes said...

Korean Won most undervalued emerging currency --- B-berg

xerxes said...

Sell Baby Sell!

"Bonds worth about €3 billion are now being purchased on every trading day, with €2 billion of the bonds coming from Athens. At the moment, there is no improvement of the situation in sight. "The ECB and the national central banks operating on its behalf are currently the only buyers to speak of," says one market insider."

"The fact that the ECB is keeping prices artificially high is downright encouraging banks to unload their risky assets onto the central bank."

"It's a free lunch," says a top Frankfurt banker. "Anyone who doesn't take advantage of this opportunity to get rid of his securities now only has himself to blame."

http://www.spiegel.de/international/europe/0,1518,697680,00.html

xerxes said...

Is the 2nd daily in the crosshairs Dear Boris

boris said...

emini330
on
MarketReport

boris said...

5 min data
A bit late
Sorry,
see
Market Report

boris said...

Update
timing
of
Market
at
Market Report

boris said...

Update
Market Report

boris said...

update
Market Report

xerxes said...

Remember when it was all the rage to price oil in euros .... Seems like it wasn't the brightest idea .... And when they're finished selling off their euros, the Goldmen will trash the buck .... They don't call 'em the 'Goldmen' for nothin' lol

June 2 (Reuters) - The Iranian central bank has announced that it will sell 45 billion euros from its foreign exchange reserves to buy dollars and gold, China's official Xinhua news agency reported on Wednesday, citing unspecified Iranian media reports.

Xinhua said that the sales would be conducted in three stages and that the first had already begun, citing unnamed sources.

It also said that other Gulf states had also started cutting their euro holdings.

boris said...

Market Update

boris said...

Market Update
At
Market Report

xerxes said...

According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter

xerxes said...

Good Morning Dear Boris

boris said...

Good Morning
Very Dear Friend
Xerxes

Ivan said...

I think, there is a high probability that Gold falls today towards 1200-1210 zone.

boris said...

Emini 331
At
Market Report

boris said...

5 min data
on
Market Report

boris said...

Please
Look at the paths
And how it should work.

At
Market Report

xerxes said...

Spanish-German 10 yr spreads widen to 189, a record ...

Paul Krugman says chances are 50/50 that Greece exits the euro

boris said...

Well,
We got there.
Now, what will we break it.

Just be careful. Chances are either way now. So, stay out if you cannot see clearly.

THis for short term trader , of course.

Good Trading ALl

boris said...

update
On
Market
Report

Ivan said...

The last hour of trading session COULD be very bad for EUR, stocks,...

xerxes said...

Good Morning Dear Boris ....

xerxes said...

Triple bottoms are very rare ... I bet 4th annuals are as well

xerxes said...

Spanish-German spreads widening to record today fanning fears of contagion --- B-berg

SOC-GEN shares plunging on derivative positions --- B-berg

Euro is worst performing currency this year --- B-berg

boris said...

Initial support
At DLAP3,
But now broke that.

Here comes DLAP4!!!?
Maybe

boris said...

And THe Dollar
Says

What?

Actually Lower

Is this the one?

boris said...

Low ON EURO

Look and

Remember

Please

1.2017 !!!!!!!!!!!!

boris said...

Cannot make chart today
Unfortunately,

But use data
at
Market Report

For the same

boris said...

5 mn
data
at
Martket
Report

xerxes said...

Doom and gloom on B-berg

xerxes said...

Any bad news anywhere in the world means sell the euro --- B-berg

xerxes said...

Default is not out of the question -- Hungarian PM spokesman

boris said...

Update
URGENT

Vishal said...
This comment has been removed by the author.
boris said...

back in
stop below low

Vishal said...

thanks for clarificcation Dear Boris, cheers :)

boris said...

Dear Vishal
All
Please read response

At
Market Report

boris said...

UPdate
For Closing

More updates over the weekend

boris said...

Earthquake today.

DLAP4 was hit and overshoot below by couple points.

DLAP4 has a an earthquake size 7+ on Richter scale probability.

WOW! we are getting few of these lately.

I t must be volatile world out there.

Tell me about it.

I advised to go long VXX just in time before runup.

GOod Trading All