28 Feb Bernanke says "he is watching very carefully" three times. Guess what he is watching.

Update Bernanke testimonial
------------------------------
Benanke says repeatedly that he is watching the oil prices very carefully repeatedly.
Oil prices should not grow significantly this year.
He expects inflation should come down, economy should return to growth and price stability.

When Fed is watching over your neck, you better get out.

------------------------------------------------------------------------------------
"i have made over 1000 in the past few days (i am a small fish mini trader).
your calls have been very helpful as usual. in one day i made $645 (which pays for a 3 month subscription in one day!!!, can't lose). i am still a rookie at best, but i am starting to understand more. one lesson i learned is...if you are not sure, do not trade.

i am not suprise about the euro breaking 150. you had called it so i knew that the odds were in favor of it. right?"

That is what my subscriber wrote yesterday.

VOTE:
if you think Euro would fall back below 1.5000 within 1 week, pls click on any of the Google Ads.


For you guys out there, remember, if you are not sure, do not trade. Dun trade on impulse.

If you really really want to trade, subscribe to my newsletter. At least you learn how to trade better and profitably.

27 Feb DollarPro 1.5000 forecast right on target

Update 11 am ET
-------------------
FannieMay FreddieMAc can take on larger portfolio. SPX spiking high. All the shortees taking cover. This would go on for the next few days, till all the shorts are massacred.

I.e. Euro still has some legs to go.



Well, my advice to my subscribers was 1.5050, it was exceeded. Booked profit for a 2 days adventure.

IF you want when to short Euro, short Gold, well, you got to subscribe.

Thanx for your support once again.

Those who think they are cleverer than the market, thinking 1.5000 would never exceeded, is now bleeding to the bank. (to withdraw monies for the margin call). While my subscribers laugh their way to stash their profits.

Just a few hundred dollar for subscription would have saved your tens of thousands of losses.

VOTE:
Those who have lost monies when Euro shooting through 1.5000, pls click on the Google Ads.

There are still a huge amount of shorts having cut yet, the market is waiting for them before going lower.

Read my earlier posts, one analyst was forecasting 1.6500.

26 Feb Foreclosure in Asia

Foreclosure in Singapore, surprise, surprise.

http://www.channelnewsasia.com/stories/singaporelocalnews/view/331177/1/.html

Story of a Singaporean facing foreclosure: Judy Mitchell, a single mom going to lose her home. Even prices of public housing in Singapore is getting unaffordable.

The story in Singapore is the opposite of US. Middleeast, US monies have been flooding the island country, buying all possible Real Estates, commercial, residential, etc. We see funds like Morgan Stanley Real Estate entangled in legal tussles with Singapore home owners.
Singapore/HK/Asia is where the Banks stash their cash, away from the prying eye of creditors in US.

The price of real estate in Singapore has overshoot those in prime Europe cities like Zurich, London.

In fact Citigroup was poking fun saying that the monies that buy a propety in Singapore next to its tallest hill of less than 100 m can buy a chalet next to Zermatt in Zwitzerland.

In the end, ordinary folks are facing skyrocketing rents, and prices, increasing 100% over a yr.

And meanwhile, there is no sign of retreat in prices.

----------------------------------------------------------------------------------------------
Gold retreating towards 927. Interim bottom formed at 927 now rebounding. If Gold retreats towards 900, a lot of retail would be disappointed. Most have been jumping on the wagon late trying to catch the historic 1000.

Now Gold make a sudden spike up towards 938, seemingly consolidation is over and begin another rally towards 980.

US treasury department approved of IMF Gold sales. hence causing the drop, in the face of a defiant Iran, and Turkish invasion into northern Iraq.

Euro retreated only to 1.4750 only, instead of my anticipated 1.4700. My target of 1.5000 remains.

All the world's monies is in Commodities now.

S&P seemingly broke through a downtrend channel yesterday, however lots of skeptics. 1380-1396 seems to be the top of the current rally.

Those who want my Call on Equities, write to me dollarproaragon@hotmail.com

VOTE
If you think the current S&P rally would stall below 1400, pls click on the Google advert.

25 Feb Gloom and Doom

Amidst the gloom, something for you guys to make monies.
Retrace to 38.2% which is right on the upward channel support.

Long Euro 1.4700
Target 1.5000
Stoploss 1.4680



Lehman Brother came out and say US going to skirt recession, and slow recovery. News on Citigroup has more writedown. Then GoldmanSachs says it may have the lowest profit in years.

When the big boys are positioned for SHORT. They can really churn out news. And being followers of the big Boys, Ben and Hank has nothing else to say, except to sound miserable.

Think there would be more blood if the market suddenly rally than if it falls to new low.

Just a side comment, seismics activity has been quite frequent recently.

24 Feb "There will be Blood"

Today indeed is interesting, especially after hearing Nicole Elliot (if you know who she is) talking on national TV that Oil would reach 115, Gold above 1000, and a lot of other soft commodities (sugar, wheat, corn, etc). And more stunning, Euro would reach 1.65.

And a lot of other commentators (e.g. Rodriguez of Llyod TSB) making similar bullish comments.

On the other side, Marc Chandler of BBH talks about USD bottoming, first against GBP and CAD (interesting), then Euro. Earlier Steve Pearson of Bank of Scotland, talking of similar Dollar rebound.

I hope all analyst from all Financial Institutions would go to National TV and state their forecast next week. At least we have a count of the Orcales.

Blood is alread on the streets. Today Taiwan reported that some bakeries store owners committed suicide b'cos the cost of making bread has gone up tremendously, and income has stagnant.

The incumbent Taiwan government has made the choice of following the USD moves, to make its TWD cheaper and competitive. Hence Taiwan had a robust export (for its electronics exporters, who are powerful billionaires), but inflation soars. Hence the ordinary folks have to suffer.

Thailand had similar news, shop owners selling noodles also commited suicide.

For the greed of individuals bankers, powerful personnel, US has sustained a low interest rate environment and spinned off the subprime debacle. And to save the same people, FED has gone to cut interest rate and fueled the inflation. Now inflation is exported to every part of the world through cheap dollar.

Fund speculators have taken advantage of the environment, and fueled the commodities, oil rallies beyond fundamentals.

The same people capitalising on the Equities rally is now at works on the Commodities rally. They have taken the game to the public at large.

Ben is helpless against it, as there are Dark Forces at play, communion of being more powerful than the chairman of FED and the President.

These Dark Forces may be the immortals, extraterresterials, vampires, draculas among us.

It would take people of supernatural power, HEROS per se, to arrest such Dark Forces.

If you think you are a HERO, or person with supernatural power, pls email me at dollarproaragon@hotmai.com, together we can save the world from pergatory.

Today, I am going to catch the move "There will be Blood", story by Daniel Day Lewis on how our forefathers make riches from Oil. There was Blood. Now the Blood no longer bleeds in the Americas, those far away nations are now bleeding.

22 Feb EURO on target

some advertisement to start off.
"Thanks for all the newsletters. A very good product with good take on the fundamentals, technicals and people that may affect the currencies. You have added another dimension to the way I look at the world when it comes to the world economy."
from my subscriber.

anybody who traded on the chart I posted yesterday and made monies when Euro hit 1.4838 ?
I indicated 1.4830.

If you made monies, click on the Google link. Thanx,
If you want timely signals, email me at dollarproaragon@hotmail.com for subscription.

Update 2:15 am ET
-------------------
Commodities CRB index heading for 400, already in overbought territory.
Any time within weeks (especially monthend), we may have a correction, for Commoditues, precious metal and Oil in general.
Though not the end of the bull trend.
Hence you are advised to stay on the sideline meanwhile for Oil, Gold, CRB, etc.
Let the Funds do their work and lick their wounds.

The surprise would come from the Equities.
If you want to know which Stocks, Index, or Funds to buy, suscribe to my "Naked Equities Letter".

21 Feb Gold supplement

Dun short GOLD.

The Chinese new year is over today, and so did the Indian new year weeks ago. Now retail interest is dull at such lofty prices. When the Chinese return to churn Gold form their mines after the Chinese New Year. Supplies would multiply. In fact the ordinary folks are bring their bracelets, coins to cash out at such high price. We would see recycled Gold sloshing the market.

However speculative funds are skimming the markets of the sell stops. Hence there is always these parabolic rise once a seemingly resistance is broken.

Soon those who buy would have few sellers, and the price rockets. AND then the same buyers have nobody to sell to, except themselves, like a dog licking itself.

The rise of Gold is a suckers game at this stage. The speculative fund is trying to find the last dumb buyer out there.

Let them establish 1000 Gold for posterity.

21 Feb GOLD, EURO

USDJPY to test 103.



EURUSD to test 1.4830 and then 1.4900 and then 1.5000 once more.



Gold to rise towards 960-980.

Red Moon - total lunar eclipse coming tonight for American/Europe
Earthquake - a Richter 7.2 earthquake off Sumatra Indonesia today at 3-4 am ET
Fallen Star - US Navy planning to shoot down a defunct satellite today, delayed bcos of bad weather.

Also meteors were sighted in Pacific Northwest on the 19 Feb, Tuesday morning.
http://cosmos.bcst.yahoo.com/ver/251.7/popup/index.php?cl=6511971

When all three sign happen, we would have the next happening: the earth population gone quiet according to the Book of Revelation.

Asia market fallen little, US stocks inching downwards. Nothing disastrous yet.

Personally, am forecasting a sudden Equities plunge, e.g. SPX towards 1150, Gold towards 800, EURUSD towards 1.4300, Oil to return into 79.

Update 9:10 pm ET
-----------------------
Gold tested 945 and fellback. Things are really happening. Would Euro test and go pass 1.5000 these 2 days ? Euro went down into 1.4600 and now back up at 1.4718.
Only one thing is sure, USD is really hopeless.

Dun ever SHORT GOLD, we are constantly surprised at GOLD strength.

Whatever sinister is coming, it may be the sudden plunge of the Stock market, if not the sudden plunge of USD, taking out the 70 level in USD index.

Meanwhile Asia market is rally off its bottom yesterday. The total lunar eclipse is on-going now, anybody can send me some pictures ? dollarproaragon@hotmail.com.

VOTE

If you agree that something SINISTER is going to happen, pls click on the Google advertisements.

20 Feb Red Moon Rising + Earthquake

These are quite recent. If you have doubts, do email me at dollarproaragon@hotmail.com.

My GOLD call should be quite controversial, though still believe Gold top is at 940-945, and it has topped at 936.

Nothing sinister happend during the Asia hours, now awaiting the US CPI and FOMC minutes. However doubt if they are the moves. There must be a black SWAN out there.

we are going to have a TOTAL lunar eclipse on 20 Feb evening to 21 Feb early morning (for people in USA, Europe), i.e. the entire trading hours of Asia on the 21 Feb, Thursday.

http://www.skyandtelescope.com/observing/home/15357796.html

the last total lunar eclipse was on 28 August 2007, the next being 21 Dec 2010.

By today, all markets are aligned.
Plutonium at historic new high,
Gold now at 927, close to historic high 936
Silver now at 17.46 also close to historic high
EURGBP at 0.7558 at its top of parabolic rise in 2 days,
EURUSD at 1.4741, below a stiff resistance 1.4750
SPX at 1356, at the top of its recent rally
Crude near its top at 98.56

Now, if you have nothing to do, it is better to catch the eclipse on your telescope than to trade the markets.

Update 1 am ET
----------------
Oil has surpassed 100 and resting below it now.
Asia markets generally falling, not a great deal though.
Gold at 926.
EURUSD at 1.4718
EURGBP at 0.7550

Would the FOMC minutes trigger the next correction ? seems doubtful. There has got to be something else.

Update 6 am ET
-----------------
http://news.yahoo.com/s/nm/20080220/ts_nm/indonesia_quake_dc
Earthquake reported off Sumatra, same area which triggered the tragic tsunamis.

Now we are waiting for the next sign, a star falling from the sky.

Today Steve Pearson who left HBOS and joined Bank of Scotland on national TV talking about Dollar strength, from risk aversion. He was the most accurate Dollar forecast for 2005 when USD hit 1.1600.

Vote:
For those who agree that there would be something sinister happening on 20-21 Feb, pls click on the Google link

19 Feb 1 month anniversary

it is almost coming to one month anniversary of the sudden 75bp cut that saved the world, from the edge of a cliff.

forex terms, one month since Euro suddenly strengthend from 1.44 onwards.

Time is good, time is bad, as in Charles Dickens' Tale of 2 cities.

Those who want to peep into the crystal ball, you can subscribe to my "Naked Call letter" for forex and "Naked Equity letter" for stocks. Email me dollarproaragon@hotmail.com for details.

18 Feb Saudi to drop dollar peg, discussion today

in the newswire, got such a piece, on Saudi Arabia holding a minsterial meeting to discuss dropping the dollar peg. however not confirmed on other news sources.

17 Feb Oil in Roubles ?

this was given to my subscriber on Friday before US open.
indeed 1.4700 was reached and fell back.







Iran minister is in Moscow and urges Russia to jointly price oil perhaps in Roubles.

Platinum is finally above 2000 at 2020. would Gold follow to 1000, Euro to 1.5000 ? let, say within the next 4 weeks.

those who say yes, pls click on the Google Link.

15 Feb Option Expiry Day

today is Option Expiry Day, I read more about selling then buying. I guess with today volatility, a lot of short sellers would be eaten up.

Monday is President Day, this add to the volatility.

Seeing profit taking now in forex. Euro, GBP all heading lower.

Vikram Pandit of Citigroup, going for media training. I am joining in the session, and hoping to get a post a the Head of International Trading with Citigroup.
Then I give all my readers 100K free monies to trade on REAL platform.

How about that ? Click on my Google links if you support me to be the Head of Trading.

Gold reached its interim top at 936, now Equities is back from abyss with SPX hovering around 1340, and Oil now at 95. Platinum close to 1000. Everybody is now lining up for the mad dash or the jump off the cliff ?

14 Feb Gold Sale and the TOP in Gold

Update 10:39 am Bernanke testimonials

Inflation well anchored. Closely monitoring the inflation expectation. preserve the FED inflation fighting credibility.
says later this yr, growth to accelerate.
downside risk to growth remains.
act in a timely manner to support growth and prevent downside risk.



some trading ideas. 9080 looks like a good shorting position.

Short AUDUSD 9050
stop 9080
target 8830




Short GOLD 915
Stop 923
Target 880

If you made monies from this call, pls click on the GOOGLE link


There used to be the ECB Gold Sale that overhang the market, nonetheless Gold still manage to rise year on year. Now we have a double whammy, the IMF Gold Sale. During the last G7 meeting, IMF got the approval to proceed with Gold Sales subject to US congression vote.

IMF is using Gold Sale to buying high yielding investment to generate cashflow for their operation.

Short term, this is negative for Gold, but long term highly beneficial. Gold would become more liquid, more tradeable.

In order to keep the Gold Sale profitable, the parties concerned would likely keep Gold price at its current level of 900 - 950 USD before their first sale go through. However, the Gold Sales would probably be privately placed out, at the prevailing market price.

Last time round, the London Exhchequer Gordon Brown sold Gold at 250 USD, which actually mark the starting point of the current rise in Gold.

Would Zoelick (IMF president) mark the top in Gold this time round when sales start ?
or more pertinent, would Gold be at 1000 when IMF Gold sale starts ?

13 Feb Ausssie, Gold in down move

this was published yesterday, and indeed AUDUSD falls as planned despite some bullish comments from the Fxxx broker analyst on national TV.

those who followed the TV and went long at 0.9040-0.9050 obviously get killed.

My first target is 0.8900, before some meaningful rebound happen.

Along with AUDUSD, Gold is also falling.

Hence, next time when your broker sent their analyst to go on the national TV, you all better watch out.

You should read this post, titled "Ponzi".

http://dollarpro.blogspot.com/2008/01/12-jan-ponzi.html

If you agree what you read, pls click on the Google advertisement.

12 Feb Aussie and Commodity Rally

This was posted yesterday, Euro is rallying as planned, with
1.4650 in target.

FXCM analyst Kathy went on wire to talkup AUDUSD. Well, as usual, I see a different picture.

If you want unbiased signals, email me dollarproaragon@hotmail.com.

When would the commodity rally reverse ?

Need for your support, pls goto http://dollarpro.blogspot.com/2008/02/8-feb-dollarpro-for-presidency.html if you support me to run for Presidency, so that I can champion Trader interest, pls click on the Google links.

11 Feb Chavez

Chavez threaten to stop oil export to US, if US proceed with the freezing of Venuezuelan assets. Well, little wonder Oil started moving up last week.

Let us see if this would bring about an OIL SHOCK, what the market needs to go lower. USD negative in general, commodities/Gold positive.

Need for your support, pls goto http://dollarpro.blogspot.com/2008/02/8-feb-dollarpro-for-presidency.html if you support me to run for Presidency, so that I can champion Trader interest, pls click on the Google links.

10 Feb G7 meeting update

No talk of currencies at the meeting, the meeting was preoccupied with the crisis. However we do have OPEC secretary toking about switching to Euro in the long term, not immediate.

During the G7 meeting, US was pushing for other countries to implement fiscal measures. However Japan flatly refused.

On Reuters, it is reported as a gloomy outcome for the G7 meeting, nothing concrete comeout, except some hot air statement.

We have Bernake on congress on Thursday, Retail Sales on Wednesday. Option expiry on Friday.

I got an overwhelming response on the vote for my to run for US presidency. Thankyou.

Need for support, pls goto http://dollarpro.blogspot.com/2008/02/8-feb-dollarpro-for-presidency.html

If you support me to run for Presidency, so that I can champion Trader interest, pls click on the Google links.

For those wondering where Euro would go, it is like guess whether Clinton or Obama would win the nomination.

Would Euro rebound all the way to 1.4900 again ? or fall towards 1.4000 ?

Meanwhile GOLD would likely attempt its last high at 936, and CRB index making new highs, Crude making a come back to 91, from 88.

Lately Gold has been moving independent of Euro. A sign of late stage rally.
Let us see if GOLD can spike to 1000 USD this week, if not next.

Best guess, is next week is Euro positive, looking at Crude, Commodities rising. Retail Sales may be the straw that break the USD rally. And the Bernanke seal the coffin on Thursday, with of course more cuts. I would not rule out an attempt at 1.4330-1.4380 to complete the story.

For those who want daily call, pls email me at dollarproaragon@hotmail.com with header "subscribe". I would pick it up from there.

8 Feb DollarPro for Presidency plus call for post ECB.

It is confirmed downtrend. Trichet is now hesistant.

1.4400 is the intermediate target, 1.4000 cannot be ruled out.

Short EURO 1.4550
stop 1.4570
Target 1.4400


Good luck on your shorting, taking profits along the way, wait for the rebound
and short again.
Weekend is G7, take profit meanwhile. We may see more Euro weakness though to coincide with the Stock plunge.

--------------------------------------------------------------------------------------
I have this intention to run as a independent candidate for the US Presidency.
I would be a pro-trader President. I would exempt traders from any taxes on gains. Also I would setup a Commision on Fair Trading, to investigate brokerage with unfair practices. Secondly, I would disband the FOMC, b'cos it is not providing any leadership to the market.
Also, I would empower FBI to investigate any leaks of economic data to insiders trading.
I would mandate all data release and FED speech to start at 8:30 am ET, including the FOMC rate decision annoucement (I dun care if the FOMC have to work overnight), so that even our European and Asian traders have a easier time trading.

And to rejuvenate the US economy, I have the following plans:

(a) Take over the Iraqi government, and appoint eminent American citizens, e.g. Kissinger, Paul Volcker, Lawrence Summers, Rubin, Colin Powell, George Soros, Joseph Stiglitz to the Iraqi Council of Presidents. Then we would have Iraqi Oil as our national assets.

(b) Invade and occupy Iran, then US would have 30% of world's oil

(c) Hijack Chavez, institute a pro-American government with US access to Venezuelan oil.

(d) Disband OPEC, and appoint the US Secretary of Energy to form the International and Domestic council In Oil Trading (IDIOT) which would set Oil prices. And merge ExxonMobil and Chevron to become ChevExMob, then hostile take over of other oil companies, like Shell, Total, BP, etc. to form the almighty Oil company: "Texan Cowboy Oil" with control over Venuezuelan, Iraqi, Iranian and Saudi Arabian oil.

(e) Exchange Taiwan with China for them to increase their holdings of US Treasuries to 100% for their forex reserves. Adminstration revaluation of the Yuan to 5, instead of the current 7. Allow all American brokerages to operate in China at full functional status.

(f) Impose protection fees on Japan, Israeli, Saudi Arabia, South Korea and Poland for US Military presence, upto 10% of their national GDP.

(g) Speed up American occupation of moon, with a monkey community by 2020 and homosapiens community on moon by 2030.

(h) Take the ETF Gold and Silver into American Treasury custodies. The price of Gold would once again be set by the US Treasury.

(i) Hire the Lesbian Brothers, Goldwomansucks, Morning standly, Merry Lynch, Sillybank, to attack the Euro till ECB is bankrupt, then the European Union would subsequenly collapse. Then USD status of the world reserve currency would once again be unchallenged. And of course US as the only superpower.

(j) I would appoint Ben as my next Secretary of Treasury, as he would bow to all my wishes. AND I would appoint myself as the Chairman of the Federal Reserve. Now finally the American President has absolute power.

(k) I would institute a international Organisation on Sovereign Wealth Fund, subject to American supervision and regulation. Any SWF not a member would be outlawed and all assets frozen with American juridiction. And all SWF have to appoint a American institutions as a manager.

(k) I would triple the printers at the Federal Reserve. and I would decree that US notes be printed on one side only, (with my signature of course). So that our printers can print faster.

(l) Every quarter, I would order Federal Reserve to dispatch US dollar bills to every household, with the amount pegged to the US GDP growth. Starting with 1,000 USD for every household.

(m) For every new born child, I would deposit 20,000 USD into the child account for future education and medical use. And all medical bills for the birth paid under the new MediLOVE program.

(n) I would expand the Ivy Leagues school, so that one in every 10 Americans receive an education upto Bachelor level with the Ivy Leagues. And I would ease immigration rules to entice masters and doctoral candidates from all over the world, with free tuition fees guaranted at Havard, Stanford, Yale, etc.

(o) I would legalise stem cell reserach and setup the President Award for Biomedical research. A top prize of 10 millions goto the scientist who can first replicate a human beings, criteria being the human being has to look like a human being. I would consider even if the clone human has his brain in front of the ass.

(p) I would rectify the Kyoto accord immediately. And mandate all American car manufacturers to go hybrid by 2012. And all smoke stack industries to vacate American soil by 2015, and shift to China, India if not Vietnam.
All Lamborghinis, McLarens, Aston Martin, Ferraris, Maesareti, Bugatis, Zonca have to pay 10 fold the price at the pumps.

(q) I would impose "export of American jobs" tax. For every job exported overseas, American corporation have to pay 50,000 USD.

(r) I would reinstate the Homeland Investment Act, American corporation who repatriate earnings back to US by year end 2008 would get tax incentives

(s) I would increase taxes on the wealthy by 10 times. (however, your gains from forex trading would be exempted).

(t) I would nationalise Fannie Mae, Freddie Mac, MBIA, AMBAC, myDICK, yrFICK to solve the subprime crisis once and forall. I would pursue individuals in S&P, Fitch, and the mortgage corporiations to justice. All wealth of those bankers would be confiscated, besides a 10 yr mandatory jail term.

(u) I would rejuvenate the SEC, and subject market fraud deterection and enforcement to the FBI.

These are not wild dreams, these can be done within the reach of the American President with the political will.

Then American would rise again as the superpower for another 5 decades.

And I wold not be a "white haired 71 yr old black dog" in the race, but the FRONT RUNNER in the American Presidency.

Those who would vote for me, pls click on the links to the Google advertisement.

6 Feb major stock market plunge coming

major market plunge coming, i.e. USD to strengthen.

Those who want timely signals, email me at dollarproaragon@hotmail.com for

feed subscriptions.

Tomorrow 9 Feb is key. BoE widely expected to cut 25bp.

Trichet expected to hold, however would he sound like a "Birdie" ?

To be frank, the other central bankers would be too glad to see any pullback in

Euro, time to diversify, especially the Middle-easterners, now switching to a basket

of currencies secretly.

yesterdays, I watched the movie: Flags of our Fathers.

Back during the Second World War, American war heroes go on victory tour round the country asking Americans to buy Bonds.

Soon, US government would launch similar campaigns, asking American citizens to buy bonds, if not donate towards the national coffers.

Insider Trading

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

The Insider trading director of DOW company, when Newscorp announce its decision to buy DOW. Now get away with a 24 million fine.

What is 24 million to these tycoons. Probably a large part is their gains from the insider trading.

If commercial crime can be gotten away with fines, then does it make commercial crime less severe than other crimes ?

Such Hong Kong tycoons have deep pockets and far connections.

If insider Trading can get away with a fine, why are we so trading as if like the market is fair ? losing sleeps. It is not fair.

The SEC has lots to answer. If you think it is a concern, click on the Google link.

Otherwise, write to your Congressman, and make it a election issue.

China submarines

While everybody is watching the primaries. China submarines made a surprise surface near the American pacific fleet. The Americans were caught by surprise.

this has significant implications. In the event of the Taiwan Straits war, American fleet heading from Japan and Guam may be ambused by China submarines.

Soon we would be seeing tension mounting across the Taiwan straits, when the Taiwan Presidential election coming.

5 Feb dozing off............

market is awfully slow. stocks also going nowhere.

we might as well peg all currencies to Gold. and all borrow from the soveriegn wealth funds, no need for stocks listing.

Result of yesterday vote:
4% of those who visited the site thinks Euro has topped out at 1.4956.

NEXT VOTE:
those who think Euro would break 1.5000 pls click on the Links of the Google advert.

4 Feb 3 Trillion Dollars

http://www.reuters.com/article/newsOne/idUSN0241480220080204

Bush going to unveil a 3.1 Trillion dollar spending plan for 2009. Now, that is what I call ambitious.

Indexes should still be going higher to test Fibs, necklines, whatever, before ......they shiver...

Maintain my call.

2 views:
Euro have topped out at 1.4956,
the other it is on a retracement for attempt higher.

VOTE:
those who think it has topped out at 1.4956 pls click on the Links to the Google adverts.

Thanx,

1 Feb Ready for Mount Everest ?

A daring call nonetheless at 10:37 am ET
-----------------------------------------
Long Euro 1.4790-1.4800
stoploss 1.4780
target 1.5056

For my earlier positions, took half profit at 1.4950,
for the remaining, stops at 1.4780. razor shave.


my gift to my readership. Once the gap filled, EUR is shooting up.
Good luck.




This is how the USD index looks today, the attempt to form a Double Bottom fails.
now below the neckline and a express train to Hell.


Some commercials first: a email from my subscriber:

"What do you see from the market from the projected NFP report?
I will not be at my computer tomorrow so I would like to place some stop and or limits
BTW your calls have been awesome this week, good for over 500 pips, might even help get me back on my feet soon."

now getting to work to prepare today letter.