http://finance.yahoo.com/intlindices

http://money.cnn.com/markets/morning_call/










http://www.kitco.com

Energy futures

Currencies/Au/Ag

The US action put a spoke in our wheel. All Ords currently -1.8%, all sectors down led by IT, -3.6%, Financials -3% and Property Trusts -2.6%. Miners and Energy are down the least, -1.1%.

Minor losses in the Big 2: BHP -1.1% and RIO -0.6%. Golds not holding up quite so well: Newcrest -2.2%, Newmont -2.7% and Lihir -0.8%.

A couple of the oils marginally green: Woodside +0.7%, Santos +0.3% and Caltex -3.7%.

Watch BAC - Bank of America as the last day before it gets added into the DJI index on Feb. 19 with Monday's market closed.

A bouncy sideways move today after the initial drop. All Ords closed -1.2% with miners and Energy moving into the green, +0.5% and +0.3% respectively. IT went down and stayed down, -3.9% and Financials didn't recover either, -2.6%.

The big miners perked up: BHP +0.7% and RIO +2.5%. Golds didn't join in: Newcrest and Newmont -2.4%, Lihir -1.4%.

Oils churned: Woodside +2.4%, Santos +0.3% and Caltex -2.8%.

Leaning toward the bearish in Asia: China -2.4%, Honkers -1.8% and Nikkers -1.1%.


Over to UK/Europe:








http://finance.yahoo.com/intlindices?e=europe

just went short Dow 12406.

i did install firefox this morning, cause that damn internet explorer made problems, didnt show graphics and pictures. Now everything is ok. Firefox seems to be better.

this site is not so good with Firefox? Seems to load quite slow, loads with IE slow too, but not that slow.

China's Trade Surplus Climbs 23% to $19.5 Billion

Feb. 15 (Bloomberg) -- China's trade surplus jumped more than economists estimated in January, a sign that the world's fourth-biggest economy may keep powering global growth as a recession looms in the U.S.

The gap widened 23 percent from a year earlier to $19.5 billion, the customs bureau said on its Web site today. That was more than the $17 billion median estimate of 19 economists surveyed by Bloomberg News.

Overseas sales grew at the fastest pace in six months as higher export taxes and an appreciating yuan failed to damp demand. International Monetary Fund Managing Director Dominique Strauss-Kahn today reaffirmed a forecast that China's economy will expand 10 percent this year amid a spreading financial crisis sparked by the U.S. housing slump.

---------------

Indonesia's GDP Expands Near Fastest Pace in a Decade

Feb. 15 (Bloomberg) -- Indonesia, Southeast Asia's biggest economy, expanded near the fastest pace in 10 years as declining borrowing costs encouraged companies to invest and spurred consumer spending.

The $364 billion economy grew 6.25 percent in the three months ended Dec. 31 from a year earlier, after expanding 6.5 percent in the third quarter, the Central Statistics Bureau said today. That's less than the median 6.4 percent forecast of 16 economists surveyed by Bloomberg News.

European Car Sales Fall on Consumer Confidence, Taxes

New car registrations declined 0.3 percent from a year earlier to 1.31 million vehicles as ``the global credit crunch, impacting spending and confidence,'' weighed on demand, the Brussels-based European Automobile Manufacturers Association said today in a statement.

Purchases at Toyota, the world's second-largest carmaker, dropped 11 percent last month to 75,801 vehicles. The Toyota City, Japan-based carmaker's European market share declined to 5.8 percent from 6.5 percent.

European registrations by Detroit-based General Motors, the world's largest automaker, fell 8.1 percent to 124,219 vehicles, while its market share dropped to 9.5 percent from 10.3 percent. Dearborn, Michigan-based Ford Motor Co., which ranks third in European sales, posted a 3.5 percent slide to 141,572 vehicles, and its market share narrowed to 10.8 percent from 11.2 percent.

just closed 1/3 of Dow short from 2 hours ago at 12364, means i took some profit at yest low.

I've been using firefart for years. No problems at all with it. No difference in loading time. This site does load slower than a lot of sites. The pages are huge, and there are several third party servers involved, not to mention the coding is archaic. If it's too slow, and you are a registered user you can change the number of posts per page in your control panel. If you are just reading and not posting, you can use the fo-fiversion. Just click the link at the bottom of the page. You won't get all the charts graphs and pics though.

double fibo around 12335. But my target for today is 12262, there i will cover the complete position.

Doc,

how bearish are you today? If you ask me there will be Sodom and Gomorrah AND Armageddon! Can you top that?

as expected Dwo found support at the 12330 area, also 12321 is 50 fibo of move 12070-12572. IF that sup area is only temporarily or means the low for the day is in is to be seen. We will see.

Jonestown, Waco, and the Rapture?

+1,7, expected +0,4 i say: LOL!

empire state -11, expect +6, i say: LOL!

how about: Thermonuclear War beginning 3pm NY?

TIC data at 3 am will be a mover in Forex.

don't forget the plague, inquisition, and holocaust

It's very flattering when people write to me or post comments over on the WSE asking me for my thoughts on analytical work produced by others. I'm glad that my opinion is valued that way, but unfortunately, I just don't have enough time to read anything, other than this board, of course. I came to the conclusion some time ago that critiquing the analyses of others is not a productive use of my time. If they agree with me, that's great, and if they don't, they're wrong.

I do apologize, but given my time commitments, I just can't do it. If you have read or seen something elsewhere that you would like my reaction on, feel free to post the gist of it here, and as always, I will try and give an off the cuff comment.

Just remember that I am usually 3 weeks, or 3 months, or 3 years ahead of everybody else.

But if they're any good, they'll catch up.

Well, they are buying the T notes again today. The TNX (yield) got right up to resistance yesterday, and today it gapped down away from it. No breakout.

Doc,

remember: The Ford Edsel was also ahead of its time!

just kidding

It would be fun to string all of the worst disaster words into a post.

Sort of like Doug Noland.



I'll start things off. You just add whatever you want.


The market appears headed for Armaggedon today, as thermonuclear warheads raining down on Wall Street seem poised to bring about the endtimes, and pestilence, plagues, death, and destruction to the pigmen.

A thunderous roar and rampage of bears will scorch the earth and leave it littered with the plundered, decimated, and destroyed trading accounts of the masses. Hopelessness and despair will reign on Wall Street.

Actually, this is getting kind of creepy.

I think I'll stop.

Fortunately I protected myself by saving 15% on my car insurance by switching to Gieco.

Again today, Bush really wants this bill passed,

*DJ Bush Criticizes House Democrats On Security Bill

Great! I was hoping for a better entry for some puts...

I would simply say that there is a 60 point air pocket below.

Hes on CNBS right now bitching about it! We need the gubermints protection so let them listen to whatever they want whenever they feel like it.This is scary stuff but it appears that apathy reigns. The only thing that gives me hope is that I'm looking
forward to Shortys first blog!

Best Buy lowering '08 forecast due to tough Q4 '07 and challenging environment going forward.

The electronic crap is going to be clogging up Ebay like nobody's business!

Inflation is tame...ex-anything-you-need-to-live-your-life:

U.S. Jan. agricultural export prices rise 5.0%
U.S. Jan. export prices rise 1.2%
U.S. Jan. imported food prices rise 3.1%
U.S. Jan. import prices rise 13.7% year over year
U.S. Jan. imported petroleum prices rise 5.5%
U.S. Jan. import prices rise 1.7%

i guess we will hit my target i posted the other day ?

i think i will have to buy the indexes after that one.

Fed's Empire Index falling off a cliff:

ROFLMAO!!!!

schedule for rest of opex Friday.....

1000/1500 Feb Reuters/Univ Of Michigan Index, prelim
Sentiment Index End month 78.4
Sentiment Index Mid Month 75 80.5
1315/1815 Fed Gov Mishkin speaks on "The Federal Reserve's Tools For
Responding to Financial Disruptions" in Hanover, N.H.
1400/1900 Bond markets close early ahead of Presidents Day holiday

I am doing a podcast. No time to post.

I understand the reasons why interest rates will go up eventually, but if this is a bear market and we have another leg down (or two, or three), as equities continue to sell off, isn't it reasonable to think that the flight to safety (I use that term loosely) will continue to drive yields down?

The bullish case for yields/bearish case for bonds is that a dearth of liquidity will cause bonds and stocks to tank together. And the high level of treasury borrowing is exaSSturbating that dearth.

UFO's sighted over north eastern USA. Will they attack NY? I guess yes. Full attack at 3 pm.

Golden Sacks may find some shport around here. Time to sell the putz.

DJ Fed Accepts $9.25 Bln In 4-Day RPs

Type of transaction: 4-Day RPs
Total accepted: $9.25 Bln
Total submitted: $17.2 Bln

Agency Collateral Operation
Total accepted: $2.2 Bln
Total submitted: $8.05 Bln
Stop-Out Rate: 3.05%
Weighted Average: 3.07%
High-rate submitted: 3.12%
Low-rate submitted: 3%

Treasury Collateral Operation
Total accepted: $5.7 Bln
Total submitted: $6.8 Bln
Stop-Out Rate: 2.95%
Weighted Average: 3.01%
High-rate submitted: 3.05%
Low-rate submitted: 2.9%

Mortgage-Backed Collateral Operations
Total accepted: $1.35 Bln
Total submitted: $2.35 Bln
Stop-Out Rate: 3.15%
Weighted Average: 3.2%
High-rate submitted: 3.22%
Low-rate submitted: 3.08%

(Data was provided by the New York Federal Reserve Bank).

My GTC order to sell DXD at 59.19 was filled today pre-market now it is trading at 57.20.

Also noticed overnight hongkong index ramped up 500 points in the last hour to close UP 126. Something is going on there over the weekend?

minefield for both bulls and bears.

Bucky seems determined to test the lows. Now just below the 20ma. Yestidy stocks, bonds and bucky all fell together. hmmm.

there we go ..... that was a nice little fall

No mo money fo u, sucka!
Rooters

Uni Michigan 69.6 expected 76.3 i say: LOL!