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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (6015)8/24/2009 11:18:50 AM
From: ggersh1 Recommendation  Read Replies (1) | Respond to of 6370
 
What's with FNM? up 30%. Barney Frank buying? -g-



To: ggersh who wrote (6015)8/24/2009 11:55:42 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Yes the swiss is down a little bit more the the EUR so it is a bit away from the dreaded 1.50s where the swissies get nervous.

The yen shows some resilience but that´s clear with the Treasury buying. I briefly sold some $ Libor, believing that treasury buying, and strong equity markets could cause a $ shortage, but not so, so I quickly gave it up. It has advanced some points by now.

Yes I saw the CAD forging ahead, and thought this could also apply to the pound... but, so far a dud.

NG, Wheat and Corn are up for the first time in weeks, right after NG scratched a multi year low.