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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (11092)	7/4/2007 7:17:38 AM
From: Smiling Bob	Read Replies (2) \| Respond to of 19256

Additional reasons for mkt slip Correction-free indices approaching 3rd attempt at recent highs triple top? Chart may suggest blowoff occurs mid-late July, but I think the right spark may be sooner ichart.finance.yahoo.com Overseas banks pressured to raise rates. Equity fund ipos not well received- KKR late to the show biz.yahoo.com WS again showing its crooked side with the HLT buyout leak. Headline and investigations likely. Blackstone's dirt may show as well. They may not be familiar with their new restrictions and subjected scrutiny as a public company. I may have to sink some extra $$ into the option accts. This could be a doozy

To: Smiling Bob who wrote (11092)	7/5/2007 4:16:02 PM
From: Smiling Bob	Respond to of 19256

NEWS AT A GLANCE China shares tumble Chinese stocks dropped by 5 percent today -- as shares in the rest of Asia gained -- as investors worried that a wave of new share listings would push prices lower. (AP in Yahoo! Finance) An editorial in the state-run China Daily tried to soothe buyers of Chinese exports following a string of problems with tainted products from toothpaste to toys to fish. "Any bias against products with a ‘Made in China' tag does injustice to Chinese exports' overall good quality," the English-language newspaper said. (AP in Yahoo! Finance) But Beijing reported that nearly a fifth of domestic food and consumer products checked in a nationwide survey this year were substandard or tainted. (The New York Times, free registration required)

To: Smiling Bob who wrote (11092)	7/5/2007 5:08:26 PM
From: Smiling Bob	Respond to of 19256

Concern over quality of Chinese goods may take a big bite from their mkt and subsequently spread to others as a Feb type panic ensues --- China Admits Safety Woes By Nicholas Zamiska Word Count: 642 HONG KONG -- The Chinese government acknowledged widespread quality-control and safety problems for domestically sold goods ranging from food to baby clothing to grass-cutting equipment, a reminder of the toll on its own consumers at a time of increasing foreign scrutiny of imports from China. Beijing's statistics-filled assessment had a sobering main finding: Nearly one-fifth of the sold-in-China products that were studied failed to meet the country's quality standards. In the first half of 2007, the General Administration of Quality Supervision, Inspection and Quarantine, the quality-control watchdog, reviewed 114 types of products made by more than 6,300 companies and found ... • THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE TO SUBSCRIBERS.

To: Smiling Bob who wrote (11092)	7/5/2007 6:42:18 PM
From: Smiling Bob	Read Replies (3) \| Respond to of 19256

Oil, US treasuries, BOE rates all up So far, so good. As these factors take hold along with other events, the tension mounts. Business is barely riding the last cusp of growth, as they too were counting on a minimal bite from housing- as advised by the experts. Housing market is continuing to deteriorate to completely unforeseen levels, and so will the impact. The leverage spigot shut-off will sink this market in drastic ways. Next week.

To: Smiling Bob who wrote (11092)	7/12/2007 7:59:49 AM
From: Smiling Bob	Read Replies (3) \| Respond to of 19256

Chinese junk may be what crashes the Asian mkts with others following. The whole chain may break as confidence in their products is lost. -- Dumplings, rabies shots latest China health scare By Ben Blanchard Reuters Thursday, July 12, 2007; 1:11 AM BEIJING (Reuters) - Dumplings stuffed with cardboard and bogus rabies vaccines are the focus of the latest health scares in China, where the government has banned an industrial solvent used in toothpaste after a spate of global recalls. China has stepped up its battle against substandard and fake food and drugs, new examples of which are reported on an almost daily basis around the world, and this week executed a former drug and food safety chief for corruption. The Beijing Industry and Commerce Bureau had uncovered an unlicensed snack vendor selling steamed dumplings with traditional pork filling padded out with cardboard husks, the Beijing News said on Thursday, citing an investigative report by state-owned China Central Television. The bureau had announced a city-wide crackdown of small snack vendors and warned people to eat in "legal" establishments. Beijing was also investigating bogus rabies vaccines, the Beijing Times said, after a woman bitten by a neighbor's dog injected vaccine she bought from a local hospital. Authorities found the hospital had been selling phials of vaccine taken off shelves two years earlier for quality problems, the paper said. Tales of shoddy or unsafe goods have grabbed international attention and called into doubt the made-in-China label but China has insisted the problems are limited to a few wayward manufacturers and has accused foreign media of hype. Wei Chuanzhong, deputy head of the quality supervision watchdog, added his voice to the accusations in a meeting with the American Chamber of Commerce in China, according to a statement posted on the administration's Web site (www.aqsiq.gov.cn). "As for the malicious stirring up of some foreign media about quality and safety issues of Chinese exports, both sides think the problems of some companies and products do not mean there is a general problem with Chinese product quality," it said. "Individual trade cases will not affect the healthy development of Sino-U.S. trade." The latest reports come after China's quality watchdog banned the use of diethylene glycol -- an industrial solvent used in paint and antifreeze -- in toothpaste after a series of recalls. China's quality and inspection watchdog stressed, however, that there was no proof long-term use of toothpaste containing the chemical was hazardous. "Almost all of our toothpaste manufacturers no longer use diethylene glycol as an ingredient," it said in a statement posted on its Web site late on Wednesday. The move was to "guarantee consumers' scientific use of toothpaste and also to avoid exporters suffering unnecessary losses," it added. The ban takes effect immediately. The chemical is similar to but much cheaper than glycerine, which is widely used as a syrup in medicines and toothpaste. This week Spain took Chinese-made toothpaste containing diethylene glycol off its shelves. The United States, New Zealand, Singapore, Panama and other Latin American and Caribbean countries have taken similar action. Panama says at least 100 people died after taking cough syrup which contained diethylene glycol rather than the glycerine which was supposed to have been used. © 2007 Reuters

To: Smiling Bob who wrote (11092)	7/27/2007 6:05:56 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

Oil could help burn the mkt next week I filled up today 2.65 @ Hess in Gap, PA(south of Paradise, Intercourse, Lititz, and Blue Ball- all Bush country) Probably one of the cheapest in the country. -- Oil Near All-Time High Over $77 Friday July 27, 4:14 pm ET By John Wilen, AP Business Writer Oil Settles Over $77, Near All-Time High, on Technical Buying and Economic Data NEW YORK (AP) -- Oil prices closed over $77 a barrel, near an all-time high on Friday on technical buying and news of faster-than-expected economic growth.

To: Smiling Bob who wrote (11092)	8/10/2007 4:52:39 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

Leader's ignorance and ability to lie though teeth seen again and again. There is liquidity or you pled for more? Why did banks add more immediately after comment? --- Central banks inject billions to calm markets ECB pumps a record $130B to ease overnight eurozone borrowing rates as other banks follow suit. August 9 2007: 4:20 PM EDT FRANKFURT (Reuters) -- Major central banks swept in to calm credit markets spooked by mounting losses Thursday, with the European Central Bank injecting record amounts of cash to prevent the financial system from seizing up. President Bush also sought to calm fears that a credit market squeeze would shake economic growth, telling a news conference both the global and U.S. economy were strong. A Financial Times columnist discusses the Bear Stearns boardroom shuffle and fallout of the stuttering credit market. Play video "I'm told there is enough liquidity in the system to enable markets to correct," Bush said. The Bank of Canada said it was in contact with other central banks on the global situation and stood ready to add money as needed. The European Central Bank pumped a record €94.8 billion ($130.6 billion) into Europe's money markets as banks scrambled for cash after France's biggest listed bank, BNP Paribas, froze withdrawals from three funds. It cited U.S. subprime mortgage market problems. Another European fund valued at €750 million was frozen too, and a Dutch bank pulled its planned new listing after suffering subprime losses. The U.S. Federal Reserve and the Bank of Canada both pumped in money through regular operations aimed at bringing benchmark overnight interest rates back to target. The Fed injected $24 billion and the Bank of Canada C$1.64 billion ($1.55 billion) - in both cases more than normal, but amounts analysts said did not reflect an emergency injection of liquidity. Treasury keeping eye on edgy markets Michael Darda, chief economist at MKM Partners in Greenwich, Connecticut, said the Fed injection of funds was a normal response to funds trading above target. Strong demand had pushed the federal funds rate up to 5.5 percent, above the 5.25 percent Fed target, but it retreated to 5.438 percent. "It's a mini-panic, and we are seeing demand for short-term credit," he said. "We are not seeing a so-called 'credit crunch' in the U.S. money market." Nonetheless, U.S. interest rate swaps, a measure of market risk appetite, widened sharply on renewed credit worries. Stocks fell and investors piled into the safety of bonds, pushing down the yield on U.S. Treasuries and European government debt. In Europe, traders said cash markets were seizing up until the ECB acted. "There appears to be a dash for cash both in dollars and in euros," said Nick Parsons, head of market strategy at nabCapital in London. The ECB tried to calm markets by injecting the largest amount of money ever in a single operation, saying "the aim was to assure orderly conditions in the euro money market." It routinely holds quick market operations when there is a cash imbalance but not since after the U.S. terror attacks in 2001 has the size neared Thursday's level. The BNP problems had sent jitters through European markets already rife with rumors of worsening troubles in Germany. The Bundesbank hosted a meeting with banks involved in the rescue of Europe's highest profile subprime victim yet, lender IKB, to arrange details of its 3.5 billion euro bailout. "Nobody wants to lend any money. It's safety first." said Karen Birzler, a money market trader at HVB in Munich. The cost for banks to borrow money overnight in the euro one, the world's second largest economic region, shot up to 4.62 percent, the highest since shortly after the 2001 U.S. attacks, and above the ECB's 4 percent target. Only when the ECB offered banks extra cash to assure orderly conditions did rates return to normal. Watching the Fed A Zurich-based money market trader called market conditions "crazy" since Fed Chairman Ben Bernanke has given no signal of concern that credit markets could undo the real economy. "The market is acting like a yo-yo. It's all very psychological. The possibility of a credit crunch returning is starting to spook everyone," he said. A rates strategist at a large European bank in London said that fear of a scarcity of liquidity, whether irrational or otherwise, was taking hold. Two Goldman Sachs funds in trouble "It's about lines of credit, fear that credit lines will be called and institutions will have to make money available to others who are facing big credit-related losses," he said. U.S. dollar deposit rates for tomorrow/next day delivery surged by more than half a point, before easing back. It was the first time since December 2000 they had jumped over half a point in a single day, according to Reuters data. The scramble for cash forced traders to unwind so-called carry trades, where low-yielding currencies are sold to finance purchases of higher yielding assets. This sparked a broad-based yen rally, but the surge in short-term dollar deposit rates lent the dollar support against most other major currencies. Subprime woes hit BNP Paribas Mortgage defaults growing, AIG says