350zCommtech's Account Talk

Mmmm... pretty red candles on TNX and TYX... gonna let it ride 'til tomorrow Z?

You bet...I was a few pennies early, but it's looking good now.

Take a look at this article. Like I mentioned before, we're buying less of their Walmart garbage so they're buying less of our treasuries. Which means the money to buy treasuries would have to come from equities or commodities(oil,gold).

China central banker says harder to buy U.S. Treasuries


BEIJING (Reuters) - It is getting harder for governments to buy U.S. Treasuries because the United States' shrinking current-account gap is reducing supply of dollars overseas, a Chinese central bank official said on Thursday.......http://www.reuters.com/article/idUSTRE5BG1W620091217
 
You bet...I was a few pennies early, but it's looking good now.

Take a look at this article. Like I mentioned before, we're buying less of their Walmart garbage so they're buying less of our treasuries. Which means the money to buy treasuries would have to come from equities or commodities(oil,gold).

Or from FCOJ... sell Mortimer sell... :D

You take in that currency action last night? WILD!!!

My newest practice account (#31.. give or take) did quite well so, I still know I suck but I got lucky and birdied a hole... so, I'll have to come back and confirm whether that was luck or not and see if I can birdie the same hole... :D
 
Or from FCOJ... sell Mortimer sell... :D

You take in that currency action last night? WILD!!!

My newest practice account (#31.. give or take) did quite well so, I still know I suck but I got lucky and birdied a hole... so, I'll have to come back and confirm whether that was luck or not and see if I can birdie the same hole... :D

EUR/USD is looking like a cliff dive on a daily?:D

I've actually been kinda busy converting my home network to a gigabit network. I'm about to rebuild my Windows2000 domain/file server, which is running on a Pentium III. It's on it's last leg.:worried:
 
Here's how the FTSE look at the moment. Not really a screaming buy.

View attachment 7664

This morning's rise in the dollar ate up all the gains in the FTSE. The I fund is down about .5% right now. The weak YEN has kept the markets from falling apart. The dollar should start to fall this afternoon. It should also see selling pressure on Sunday night, but with small countries on the verge of blowing up, who the heck knows. There's also the usual stick save/pump fest to look out for on Sunday nights, i.e. Dubai World's BS bailout.

View attachment 7665
 
Here's how the FTSE look at the moment. Not really a screaming buy.

View attachment 7664

This morning's rise in the dollar ate up all the gains in the FTSE. The I fund is down about .5% right now. The weak YEN has kept the markets from falling apart. The dollar should start to fall this afternoon. It should also see selling pressure on Sunday night, but with small countries on the verge of blowing up, who the heck knows. There's also the usual stick save/pump fest to look out for on Sunday nights, i.e. Dubai World's BS bailout.

View attachment 7665


So, you're not buying I fund yet? Right?
 
EFA at the 100 SMA as i'm typing this... hopefully this will act as support. UUP had a double tweezer top on the intraday... coinciding with a 2 month double top. Smart play waiting for confirmation on resuming the $ carry trade.
 
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