5 replies to this topic

[atlasshrugged]

Good report...good economy!

[A-ha]

gold is about to take out 06 high... as usd breaks below the recent swing low which will open a door to 76 ... in other words more liquidity... that is the underlying condition here ... this may even absorb the news coming out of the banks for a while... imo SPX will do major upside testing before any tradable sell off

[DraggdOut]

Ideally I'd like to see more weakness in the yen and strength in the nzd relative to usd. The fed is between a rock and a hard place. If they cut, liquidity chases the higher yielders and better houses in the bad neighborhood & dollar continues its precipitous decline. That's ForEx 101. If they don't cut, the economy ruins the dollar. But hey, should support US equity valuations at least... $SPX vs. $XEU says it all

[SemiBizz]

Good report...good economy!

No Rate Cut...



Bad Report... further evidence of recession.

[relax]

i have seen the market go from nearly pricing a rate cut in to not pricing it in, without any big sell off and the market realizing that we will get no rate cut will only be negative in the VST just my take, we will see, technicals are bullish aslong as we are above 1.460-65 IMO Semi, what do you see for tomorrow and next week? Have you changed your view on anything Cheers

Edited by relax_dk, 06 September 2007 - 03:27 PM.

[SemiBizz]

i have seen the market go from nearly pricing a rate cut in to not pricing it in, without any big sell off

and the market realizing that we will get no rate cut will only be negative in the VST

just my take, we will see, technicals are bullish aslong as we are above 1.460-65 IMO

Semi, what do you see for tomorrow and next week?

Have you changed your view on anything

Cheers

Sticking with the trend... the odds are that the jobs report will be a non-event. I'd say the odds are higher that we'll have another credit "event" that will take the market further in the direction it wants to go.. DOWN.

Edited by SemiBizz, 06 September 2007 - 05:25 PM.