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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (79469)6/13/2007 2:07:21 PM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
This was a tell:

08:02 *DJ NY Fed Official: "Challenging Time" For Mkt Participants

This is probably not very good news if you are short as it shows that the Fed is worried.


Bonds rebounded sharply, huge rally in stocks, yen at new lows, gold very weak.
Perfect score.



To: Broken_Clock who wrote (79469)6/13/2007 2:08:31 PM
From: Les HRead Replies (1) | Respond to of 306849
 
The larger influence is the BOJ today. Both big rallies this week have come on the back of spikes in the USJYY.

futuresource.com