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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (31474)	3/21/2008 5:39:32 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218701

just in in-tray from pen pal quote BRAZIL The Brazilian market has rallied sharply over the past 6 years, with the MSCI Brazilian ETF appreciating nearly 1500% during that time period! Investors are heavily overweight this “BRIC” and all those that wanted exposure to this market are already invested. In addition, the country is heavily reliant upon commodity exports. Nearly half of the index is weighted with stocks focusing on things such as oil, coal, iron ore and steel. With a global slowdown now emerging and with demand from China due to slow quite soon, it seems apparent that the market in Brazil is due to fall. Thomas Birkhold, a currency options trader noted: I am still looking for a move higher in USD / BRL to 1.74-1.75 with the chances for larger move higher increasing. After all the market is very long BRL assets, and the new tax measures imposed on offshore FI investors, together with external accounts showing some degree of deterioration could make for decent profit taking by a already wounded leveraged community. unquote

To: elmatador who wrote (31474)	3/21/2008 6:24:57 AM
From: LTK007	Respond to of 218701

CDE, the we got tons of shares, major silver company, got hit hard by one, announcing a 150 million dollar convertible offering to finance opening several more silver mines(CDE has been doing this for years, that is why price is so slowrelativeto thesizeof the company.)Andsecondly thedrop in theprice of silver this week. Well today was interesting. An ealier post **************************************************** Wow what a day. Take a look at CDE today. 42 million shares traded with about 80% of those shares traded were in the opening and closing minutes. In last 15 minutes moved from 3.70 to 4.05 on MASSIVE buying. Could it have been someone closing a huge short position? link to one-day chart finance.yahoo.com you will see masssive selling at the open and massive buying and/or covering at the close. CDE is a trading stock that has massive liquidity, you can trade 10k shares in andout in a blink of an eye. Question i have is this may havejust been shorts closing out for the weekend and they will be back. And it hasn't reached a buy point yet.