Archive for March 6th, 2010


Financial Talking Heads Explode, Jeff Macke rants on CNBC. Watch this meltdown as it happened live on tv, I think most of the people watching CNBC were probably confused as hell…… I was at first, but I caught on quick, the bottom line is everything you see happening around you is an illusion, kind of like everything you learned in school…no value except in this crooked system which is now breaking down.


Hi everyone. Aside from the Yen, which lost a lot of ground after newly appointed Japanese finance minister Naoto Kan said he prefers the Yen to continue its current decline, the markets remained within ranges, most likely waiting for the NFP release later today. We do expect the data to possibly cause a breakout, and in our case, we dont care in which direction. The 1.42 level has held nicely and most recently the 1.4300 figure on EUR/USD. Fundamentals are mixed all across the world, except in Australia, where retail sales jumped to 1.4% last month, much higher than the anticipated .4%; however, if you take a look at historic figures, the data is very volatile and should be taken with a grain of salt. We favor a break below 1.4200 to test 1.4000. Were setting this up for the News! Trade service. If youd like to see how we trade the news, please register at the following link: www2.gotomeeting.com News! Trade: Trading Non-Farm Payrolls Live When: Friday, January 8, 8:00am US Eastern time (2:00pm Amsterdam, 5pm Dubai, 10pm Tokyo) We look forward to seeing you there. Until then.


D Street This Week: The benchmark index suffered a heavy fall for the second straight session as the global rally showed signs of ebbing and investors worried about the weak monsoon.