Monthly Archives: January 2008

thursday update

SHORT TERM: market reverses FED rate cut selling, DOW +208 Overnight the Asian markets were mixed, as early selling turned to gains in Australia and Japan, but led to loses in the other indices as the night wore on. Europe came in substantially lower … Continue reading

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wednesday update

SHORT TERM: market closes lower after rate cut, DOW -37 Overnight all the Asian markets were lower, and Europe was as well. US stocks opened on the downside as they have done for the past few days, but rallied back … Continue reading

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the BIG picture

There is some talk, as there has been throughout this decade, that the bull market from 1932 has ended, and an unwinding of the entire financial system will lead to a depression. Just as it did when the supercycle ended in 1929. … Continue reading

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tuesday update

SHORT TERM: market rally continues, DOW +97 Overnight the Asian markets were mixed, and Europe closed up 1.35%. US stocks opened much like yesterday, after the Dec. durable goods orders were reported much higher than expected: +5.2%. A higher open, that … Continue reading

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monday update

SHORT TERM: market resumes rally, DOW +177 Overnight the Asian markets that were open were all lower, and Europe came in lower as well. US index futures were sold overnight, but gradually improved as the market prepared to open this … Continue reading

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weekend update

REVIEW: Panic set in around the world on monday and tuesday, as a rogue trader from a French bank forced liquidations in tens of billions of dollars in positions. On tuesday morning with many of the global stock markets down 10%, the FED … Continue reading

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friday update

SHORT TERM: market pulls backs after two day rally, DOW -171 Overnight the world’s markets continued their rebound as most of the Asian markets were up sharply. Quite a volatile week in that region: Australia was down 10% by tuesday only to … Continue reading

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