Kauri
E/W Learner
- Joined
- 3 September 2005
- Posts
- 3,428
- Reactions
- 11
Yeah , I 'm on the edges of my seat waiting to see what the last GDP number ( 4.9%) turns into . I've seen a plethora of guesstimates , I'm more inclined to go along with somewhere around 1.1-1.2% for the quarter .
The last time the Fed opened its mouth the USD lost 1.5% , I wouldn't be surprised to see Ben come out gagged by a roll of hundred mile an hour tape .
.25% ouch that would be sell off material in my books , I think the market would be all geared up for a .50% . This is going to be an exciting week Kauri . But if Big Ben comes out with .75% again , woohoo , he could run for President .
nice little coily thing forming... not much liquid in it though... most punters on the sidelines waiting for the BB 0.25% present??
Cheers
.........Kauri
Hey mate , you watching these Asian markets rollover . Is this a semaphore of the sentiment in regards to their consensus on the cut . They look to be saying " if .25bps is coming we're leavin' " , is this their guesstimate ?
Pre-emptive threats ?
Or is this just plain old standover tactics over the Fed. ?
One lesson has been learnt though , don't let Ben varnish your floorboards , he'll paint himself into a corner . So far we've seen them give back 1% of GDP already . Has me wondering how much loading is built into the packages .
Rather spooky outlook going ahead in regards to 3 G growth , I'm waiting for the mega spin , but keep hearing about SocGen , Fortis and ING and in plague proportions .
Smells like a ......... look at this baaaad and not our baaaaaaaaad .
may turn into an extended 5th... or may correct a tad here??? Not much liquidity so far so difficult to get a feel of it.. for me.
Big pips and tight tops.. (stops I mean)
Cheers
.........Kauri
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