Did you put on that short @76 and change ? Remember that is where some currency traders said to stop out. Hope you bought the stops…..
Comments »Godspeed To 300 More Heroes in Japan’s Nuclear Crisis
Bahrain Watches The Departure of Many For Safer Ground
How Costly is Germany’s Decision to Halt Nuclear Projects ?
China Has Been Nibbling on FTSE 100 Companies
China’s SAFE Investment company has been taking small positions in the largest companies of the FTSE 100…
Bank of Japan Injects Another 5 Trillion Yen Into Money Markets
How Low Can The Nikkei Go ? Chartist Suggest 7000 Is Possible
Can Currency Manipulation Go Any Further ? Is This the Next World War ?
Where does it all end ? Are we not hurting our selves in a war of manipulation?
Comments »Federal Reserve to Give Ok to Banks to Increase Dividends
Yen Surges As Nuclear Crisis Deepens Sending Asian Markets Into a Tailspin
Mohamed El-Erian on Japan’s Pressure for the Global Economy
Supply Chain Risk Mounting in Japan
U.S. Official: “Partial Meltdown” at Japanese Plant
Nuclear Regulatory Commission Calls For A Larger Evacuated Area Around Nuclear Reactors
Stocks Ignore News on New Power Line To Reactor and Swan Dive as Treasuries Get Snatched Up
Why Goldman Sachs Can Not Unload Mortgage Unit
News From Tepco on Nuclear Crisis Appears to be Confusion and or Lies
Understood this is a touch and go situation,; please forgive my harshness, but following this story has the feeling of being lied too, or they just plain do not know what is going on….
Comments »Adobe Systems, Salesforce.com, and Autodesk May See Revenues Hurt from Japan’s Debacle
According to Walter Pritchard of Citigroup he has reported that 7-8% of software revenues come out of Japan. Adobe Systems, ADBE, might be the most affected with 10-15% of their revenues coming out of Japan in any given quarter. Salesforce.com, CRM, and Autodesk, ADSK, may also be hurt.
as reported on Bloomberg TV
Comments »Yen Hits 15 Year High Against the Dollar
Analyst recommending a short on the Yen a few days ago and to go long the dollar. A stop was recommended between 78-80. Now that the Yen has hit 80, a 15 year high, perhaps shortly in twill be time to put on this trade.
Comments »Radiation Levels Rise As Japan Scrambles to Contain Damage
Market falls off cliff in last 10 minutes….EU Nuclear Energy Commission issues freakish headline that disaster could accelerate over the next few hours….