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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (121206)7/1/2008 1:44:48 PM
From: Rocket Red  Read Replies (1) | Respond to of 313137
 
All eyes will be on the ECB on Thursday -- looking to see what the board will do with interest rates, said Beahm. "Should they raise rates, which all signs are pointing toward, the dollar will fall even further and commodities will shoot upward," he said.
The European Central Bank is widely expected to hike its key lending rate by a quarter of a percentage point, to 4.25%, on Thursday.



To: Canuck Dave who wrote (121206)7/1/2008 11:35:30 PM
From: dara  Read Replies (1) | Respond to of 313137
 
Hope you're not going to be away from the markets for too long.

Of the stocks I watch on the US side today NGD was the star. Up 12%. The merged company starts trading on July 7th.

Puplava thinks that NGX is going to on an acquisition trail. NGX has filed a shelf registration for $250 million and they have $300 million in cash. He also spoke about MFL quite a bit this weekend. They have 7.5 million shares short which is 15% of their float with a short ratio of 18 days. Ouch!