Forex Forum Archive for 01/02/2007

Zurich 23:16 GMT January 2, 2007 Reply   
NYC,

Yep, we sometime use short form oily for oil man. His nick name here

Zurich 23:14 GMT January 2, 2007 Reply   
Toronto EDP,

Yep I understand but oily seems to imply that we will see 0.68xx before 0.75, that means a drop of 200 pips????.

NYC 23:13 GMT January 2, 2007 Reply   
Zurich. Oily is an endearing reference to Oil Man.

Toronto EDP 23:05 GMT January 2, 2007 Reply   
ZURICH...........visualize a line zig zagging up or zig zagging down (just like the market does)...it doesn't usually go straight up (or down) in a straight line.....

liverpool tk 22:44 GMT January 2, 2007 Reply   
need help on eur/jpy. what do people think from current levels. ive been caught out short at 5730-40

Zurich 22:42 GMT January 2, 2007 Reply   
I am a bit dumb after the new year. Someone pls explain what oily means. THX

Cannes Oil man 22:39 GMT January 2, 2007 Reply   
We will see your entries , that is a certainty before 75.

During the week , on the jpy fix.
gl gt , off to rest.

hastings 22:37 GMT January 2, 2007 Reply   
there hasnt been any significant retracement in this pair. anyone who has tried to go short NZD/USD has had their fingers burnt im sure

Zurich 22:36 GMT January 2, 2007 Reply   
Cannes Oil Man,

Please explain "Things dont run in strainght line" . Thx

Philadelphia Caba 22:35 GMT January 2, 2007 Reply   
Zurich 22:31 GMT
I didn't mean that 'lol' cynical..sorry...
..yes, if rbnz will hike, carry appetite + sell of $ ... why not ...

Cannes Oil man 22:34 GMT January 2, 2007 Reply   
hastings 22:26 GMT January 2, 2007


Halas things don't run in a straight line.

hastings 22:33 GMT January 2, 2007 Reply   
zurich, i have positions around 6870. this still has lots of upside with NZD interest rates stable if not gonna increase. might see a sell once we get to 7500

Zurich 22:31 GMT January 2, 2007 Reply   
Philly Caba,

Why the cynical LOL. Care to explain. Thanks

zurich 22:30 GMT January 2, 2007 Reply   
hastings,

Oilman, made the call on kiwi when it was 0.6540 and said it will head towards 0.74. I followed his advice and am holding it. thanks oily

Philadelphia Caba 22:28 GMT January 2, 2007 Reply   
hastings 22:26 GMT
lol..sure..go for it! gl!

hastings 22:26 GMT January 2, 2007 Reply   
easiest trade of all nzd/usd. go long and then sit back and relax and watch this go to 7500 in Q1

berlin 22:22 GMT January 2, 2007 Reply   
any opinions on eur/py? how much more upside is there?

Zurich 22:19 GMT January 2, 2007 Reply   
Cannes Oilman,

Oilman and JJ happy new year. Hope this year will be prosperous to you.

On the forex front,
Oilman what are the chances of eur/jpy reaching 160 by this week. thanks

Kozia Wolka City stefan 22:04 GMT January 2, 2007 Reply   
POLAND Marcin, yea something like that , but that level is beyond reach59 i mean

OTTAWA mjw 21:56 GMT January 2, 2007 Reply   
oilman thks for the english lesson..... Iam a newbie on the forum thks agian

Poland Marcin 21:54 GMT January 2, 2007 Reply   
sorry, on cable 1.9759 78.6 fibo...

POLAND Marcin 21:51 GMT January 2, 2007 Reply   
Friends,
be carefull! @1.3299 (eur/usd) and @1.9769 78.6% fibo. Probably this level hold any further strength, then hammer sell-off...

LKWD JJ 21:44 GMT January 2, 2007 Reply   
Cannes Oil man 21:14 GMT January 2, 2007
$/CAD is saying good bye to this current digit , it's seasonal migration about to start , flapping it's wings a few times before it moves.
=========================

first week in new year it drops about 2 figs weekly close. (for those that dont know english migration means to go "south".)

LKWD JJ 21:42 GMT January 2, 2007 Reply   
berlin 21:11 GMT January 2, 2007
short cable from 19735-40, hasnt been able to break this all day

there should be stops above 1.9748 high on 12/20. or maybe someone is trying to protect that level.

Cannes Oil man 21:14 GMT January 2, 2007 Reply   
$/CAD is saying good bye to this current digit , it's seasonal migration about to start , flapping it's wings a few times before it moves.

berlin 21:11 GMT January 2, 2007 Reply   
short cable from 19735-40, hasnt been able to break this all day

NY RP 21:06 GMT January 2, 2007 Reply   
Time keeps on ticking, ticking, ticking, into the future.

What would one do if they knew Gold was launching as they read this. Meaning it has been trading higher almost every day for the last week or so and is now ready to take out the highs? I would say it would be worth looking at a bit closer. Keep your buckles fastened. Gold has built a very nice base for its next journey onward to new highs. Its great when fundmanetals and technicals line up.

Cannes Oil man 21:04 GMT January 2, 2007 Reply   
ottawa mjw 20:03 GMT January 2, 2007
oil man what makes you say, whatyou say?????

Cannes Oil man 19:31 GMT January 2, 2007
$/CAD is RIPE , ab.

Last call before take off.
gl gt

-------

Look prices , and look time of post.
gl gt

LKWD JJ 21:04 GMT January 2, 2007 Reply   
oilman what happens to aussie after it hits .80? or do you think it wont get there?

LKWD JJ 20:43 GMT January 2, 2007 Reply   
CRIS CT did it ever hit the 19480 area before the new year?

CT Cris 20:17 GMT January 2, 2007 Reply   
cable still in uptrend and will see 19760-70.

ottawa mjw 20:03 GMT January 2, 2007 Reply   
oil man what makes you say, whatyou say?????

Cannes Oil man 19:31 GMT January 2, 2007 Reply   
$/CAD is RIPE , ab.

Last call before take off.
gl gt

NY Raider 19 19:14 GMT January 2, 2007 Reply   
Informal Survey /// Given the early Asia market move down for USD and so many markets closed Japan/US on 01.02.07, how would you rate today's degree of trading difficulty? 1-10 where 10 is the most difficult market condition. I don't know what to think but I was not really able to capitalize on the day and I tried to participate... I think the swift GBPUSD movement after the European bond market open caught me off-guard. TIA

liverpool tk 19:02 GMT January 2, 2007 Reply   
well i hope my s/l does not get hit overnight and we have the retrace but not confident

liverpool tk 18:58 GMT January 2, 2007 Reply   
still on this eur/jpy short. any opinions?

The Netherlands Purk 18:58 GMT January 2, 2007 Reply   
Well we have the ticking to the highs thing again in e/j so if we get there, we can see 15808-15815ish before some retrace will follow. If we by any chance go back to 15760ish around err gmt midnight, we might see 15730 again. I will just take my 20 pips and go out in the meantime, and if i get stopped, well that is the nature of the game.

coventry 18:13 GMT January 2, 2007 Reply   
cable looking to break but resistance around todays highs of 9740. maybe a short is in order with a s/l of 19755

berlin 17:59 GMT January 2, 2007 Reply   
thanks, wuld be interesting to know. im waiting for eur/jpy to retreat a little before going long

Sofia Kaprikorn 17:50 GMT January 2, 2007 Reply   
Happy New Year to all!!

berlin 17:10 GMT
hi - I actually have seen cases when EURJPY is leading and GBPJPY lagging - I think that the reason is the EURGBP cross...

however I will appreciate if more knowledgable members explain why these dive3rgences occur>>>

berlin 17:10 GMT January 2, 2007 Reply   
why does GBP/JPY steam ahead and EUR/JPY is lagging?

berlin 16:47 GMT January 2, 2007 Reply   
eur/jpy looking at 15814

Caribbean! Rafe... 16:35 GMT January 2, 2007 Reply   
it seems the power trading course is being sold now for 20 bucks... previously it was costing much more how much more is what i wonder...i think it was costing upto 3000 for each course?

coventry 16:25 GMT January 2, 2007 Reply   
most traders are pretty bearish on the dollar for 2007 predicting 2.05-2.10 on cable and euro at 1.40. so trading in the beginning of the year is going to reflect this and hence todays dollar waekening

hk ab 16:19 GMT January 2, 2007 Reply   
nt, happy new year and many good trades to you.

The gold looks wonderful now, my wife entered a long 12.84 XAG.....

hong kong nt 15:59 GMT January 2, 2007 Reply   
AB -- the trend is your friend, aussie maybe better candidate for ST play...

hastings 15:55 GMT January 2, 2007 Reply   
tk, dont worry man, you will get a chance to come out of your position near enuf. next time dont go high leverage short on an upward trend, you wil just lose.

hk ab 15:45 GMT January 2, 2007 Reply   
oilman, do you have any clue on dlr/cad? seeing no roof for the pair yet.

liverpool tk 15:36 GMT January 2, 2007 Reply   
no problem at all

Philadelphia Caba 15:36 GMT January 2, 2007 Reply   
small aud/usd short, at .7965 with stop above .8005
(though no best r/r)..t/p .7920-30

Global-View Jay 15:34 GMT January 2, 2007 Reply   
liv tk 15:02 GMT January 2, 2007 (and others) - One of our rules is you must use a recognizable location when posting on our forums. You only have to type it out once since we have a save feature in the posting template. So next time please type out your location. TIA

liv tk 15:02 GMT January 2, 2007 Reply   
any fresh views on eur/yen?

OTTAWA mjw 15:02 GMT January 2, 2007 Reply   
manchester thks.. Iam short at 9735

manchester 14:59 GMT January 2, 2007 Reply   
sorry.....im meant 9700

manchester 14:56 GMT January 2, 2007 Reply   
ottawa, closed out 9600 and have again gone short 9635

OTTAWA mjw 14:49 GMT January 2, 2007 Reply   
manchester ,you still short cable??

Philadelphia Caba 14:32 GMT January 2, 2007 Reply   
There's fresh issuance of aud ($A200mln) paper by Rabobank. Any info about kiwi issuance, pls? tia.
gl/gt to all!!

la fxkwam1 14:18 GMT January 2, 2007 Reply   
Hi all, HAPPY NEWYEAR !!!! to everyone on d forum. My target of Euro/Usd 1.3300 from buy at 1.3086 was almost breached today. I have actually taken profits at 1.3291, the rollover fees are eating into my profits.

Now ill be watching to see which direction the pair poises to head next

St. Annaland Bob 14:08 GMT January 2, 2007 Reply   
simply, it is DOUBLE TOP on weekly & monthly or higher and higher ... SAR of 30 pips will serve more than enough applies or those believe we are in TOPISHLAND, the rest knows even better ... happy trades.

liv tk 14:00 GMT January 2, 2007 Reply   
hope your right, but my positions are much more than im usually comfortable with

to catt 13:55 GMT January 2, 2007 Reply   
relax , you should get ur money back or more , take a look at the stox 1hr , let them fall down to the ground 0

liv tk 13:46 GMT January 2, 2007 Reply   
netherlands, im prepared to take a hit, will close out around 15750-55 if it comes back in asia trading

manchester 13:44 GMT January 2, 2007 Reply   
short cable 19734 again with tight stop loss. think eur/jpy is interesting, waiting to go either way

The Netherlands Purk 13:40 GMT January 2, 2007 Reply   
LIV TK. Watch the gbp/jpy also known as the beast. I think the e/j is lagging, the beast is already on its way to new highs, only a matter of time to decide where it wants to go, my guess is up...

london 13:17 GMT January 2, 2007 Reply   
Euro Threatened with 2007 Meltdown, as French Economy Slumps

EU ZORRO 13:04 GMT January 2, 2007 Reply   
Hi all...!!!!

...Wish a happy 2007 for all....!!!!

liv tk 13:01 GMT January 2, 2007 Reply   
euro/yen seems cant seem to break either way from 15780. any significance?

AZUSA 4X-ed 12:53 GMT January 2, 2007 Reply   
CHICAGO MERCANTILE EXCHANGE INC. EQUITY AND COMMODITY PRODUCTS WILL BE CLOSED ON TUESDAY, JANUARY 2, 2007, IN COORDINATION WITH THE UNDERLYING MARKETS. INTEREST RATES AND FOREIGN EXCHANGE PRODUCTS WILL OBSERVE SHORTENED TRADING SESSIONS.

Transation = WE DON'T NEED A FULL DAY TO TAKE YOU TO THE CLEANERS!

Melbourne Qindex 12:09 GMT January 2, 2007 Reply   
berlin 12:07 GMT - You are welcome.

berlin 12:07 GMT January 2, 2007 Reply   
qindex, your calls are always appreciated

Melbourne Qindex 12:02 GMT January 2, 2007 Reply   
Melbourne Qindex 03:49 GMT January 2, 2007
EUR/JPY : The odds are in favour of maintaining a long position if the market can trade above 157.68. On the other hand when the market is rejected from the projected resistant level of 157.42 - 157.68, speculative selling pressure will increase.

Melbourne Qindex 03:33 GMT January 2, 2007
USD/JPY : A projected barrier is positioning at 119.10.

Melbourne Qindex 11:59 GMT January 2, 2007 Reply   
manchester 11:58 GMT - Within 24 hours.

manchester 11:58 GMT January 2, 2007 Reply   
qidex, what time frames you looking at for your eur/yen level?

Melbourne Qindex 11:45 GMT January 2, 2007 Reply   
EUR/JPY : It is heading towards 158.04 - 158.13.

The Netherlands Purk 11:40 GMT January 2, 2007 Reply   
Well e/j did visit the highs a few times already, we have to see where it tops out, but we will keep on ticking to the highs as always for the last couple of months. Only pattern that are left is very fast bounces, and doing 100 pips from high to low in a day when a level is breached... so dont try to pick the highs or low!

Mumbai NS 11:36 GMT January 2, 2007 Reply   
e/j sounds interestingly poised for upmove but i/d basis does look vulnerable here. gl gt

Cannes Oil man 11:32 GMT January 2, 2007 Reply   
The Netherlands Purk 11:29 GMT January 2, 2007

Well said, however don't think anyone is moving the market single handedly ..Meaning even large players have really no clue where the market is going.

to catt 11:32 GMT January 2, 2007 Reply   
it may happen during the next asia session ,

Cannes Oil man 11:31 GMT January 2, 2007 Reply   
EURJPY won't go down meaningfully until it's fired at (see my previous post before new years eve) , Purk is fine always trading on the short side for 2 simple reasons :

-Strict Stop rules.
-Very small targets (Probably 1/1 R/R or less).

Moving your stops back etc when going totally against a prevailing trend tends to result in further and increased losses.
As I've said for months if you want to trade EURJPY , the best way is atm to LONG it..(See 189 ahead look previous post).
gl gt

The Netherlands Purk 11:29 GMT January 2, 2007 Reply   
IF 15680 will be touched it will be very fast. You should think about leaving the e/j next time and take on the eur/usd, that gives better retraces.
Keep in mind that noone can predict the market only the ones who are moving the pairs. Just have your plan ready an act accordingly...

liv tk 11:26 GMT January 2, 2007 Reply   
i got caught out and then moved my s/l back, silly move i know. i hope you are right and we do see levels around 15680. still moving around this 15780 like u predicted

The Netherlands Purk 11:20 GMT January 2, 2007 Reply   
You short at 15730 and s/l at 15815? You did not have confidence in the trade, why did you leave such wide stop?
But anyway, if 158 goes we have to see if my stop will be hit. I have confidence in this trade but dont want to be stopped out.

liv tk 11:14 GMT January 2, 2007 Reply   
perk thanks i have a s/l 15815 but sincerely hoping dont go anywhere near there untill we come back down to 15730-40

The Netherlands Purk 11:10 GMT January 2, 2007 Reply   
liv tk 10:39 GMT January 2, 2007

I dont suggest, i tell you what i THINK. Pattern tells me that we have an appointment with 15680. My s/l is at 15812...

Tokyo jc 11:08 GMT January 2, 2007 Reply   
euro/yen 15787..level to watch....should hold..

hastings 11:08 GMT January 2, 2007 Reply   
hopefully NZD/USD can come back down to buy levels, can see this 7500 by end of Q1

liv tk 11:06 GMT January 2, 2007 Reply   
catt, thanks. it seems its breaking all resistance levels right now.....unfortunately for me.

to catt 11:03 GMT January 2, 2007 Reply   
euroyippy 15779 is R3

CT Cris 10:55 GMT January 2, 2007 Reply   
Cable buy now 19715 for 19760. sl 19700

liv tk 10:52 GMT January 2, 2007 Reply   
any revised levels for EUR-YEN, im short 15730 levels

Melbourne Qindex 10:52 GMT January 2, 2007 Reply   
GBP/CHF : Trading below 2.3907 is not a good sign!

bristol 10:49 GMT January 2, 2007 Reply   
this eur/yen is a steam train, dont seem to be stopping

Melbourne Qindex 10:48 GMT January 2, 2007 Reply   
shanghai bc 10:46 GMT - Happy New Year to you too!

to catt 10:47 GMT January 2, 2007 Reply   
since the usa markets are closed today , these levels may be the top for today
any opinions ?

shanghai bc 10:46 GMT January 2, 2007 Reply   
Melbourne Qindex 10:41 GMT January 2, 2007

Happy New Year!

Cannes Oil man 10:46 GMT January 2, 2007 Reply   
Cannes Oil man 10:36 GMT November 27, 2006
EUR/CAD will reach 1.70.
-----------
And in 03/04 i was calling it down making new lows..(Read archives typing oil man and EUR/CAD)..

EUR/CAD is a good puppy!

Mumbai NS 10:45 GMT January 2, 2007 Reply   
Breach of 1.9740-50 areas can result in interesting move gl gt

manchester 10:43 GMT January 2, 2007 Reply   
short cable 19733

CT Cris 10:42 GMT January 2, 2007 Reply   
cable 19760 on the way.

Melbourne Qindex 10:41 GMT January 2, 2007 Reply   
EUR/CHF : 1.6109 is a significant level.

Melbourne Qindex 10:39 GMT January 2, 2007 Reply   
Melbourne Qindex 05:12 GMT January 2, 2007
EUR/CAD : Heading Towards 1.5519.


Melbourne Qindex 05:27 GMT January 2, 2007
EUR/CAD : A projected barrier is located at 1.5464.

liv tk 10:39 GMT January 2, 2007 Reply   
netherlands, so u are suggesting shorting around 15780. do u honestly see it heading back down 15680 quickly?

liv tk 10:39 GMT January 2, 2007 Reply   
netherlands, so u are suggesting shorting around 15780. do u honestly see it heading back down 15680 quickly?

Melbourne Qindex 10:36 GMT January 2, 2007 Reply   
EUR/USD it is difficult for it to move ahead if GBP/USD can 't overcome the projected resistance of 1.9734.

to catt 10:35 GMT January 2, 2007 Reply   
barclays calls for 158-160 level ,points out this is the acceleration level the final stage of the uptrend

The Netherlands Purk 10:35 GMT January 2, 2007 Reply   
well e/j still is predictable, was wondering this morning why it lagged but it sure did some nice uppy there. Now since i am on the long side sometimes i say be careful because we still have some business to do around 15680, so keep an eye out on shorts around 15780-85 which will kick in very fast. I am sure some fundmanagers are eager to short some bits and pieces... target is 100 pips, and i will try some myself..

liv tk 10:13 GMT January 2, 2007 Reply   
thanks manchester, still hovering around this level

EU theEUROqueen 09:56 GMT January 2, 2007 Reply   
Happy new year..and hopefully it will be a good year for the EURO..

manchester 09:51 GMT January 2, 2007 Reply   
tk, i think around 15970 is a critical level, if it doesnt break that it could retrace a little. its flirting around that area at the moment. have a look a melbbourne's previous posts

liv tk 09:35 GMT January 2, 2007 Reply   
im caught short eur/yen around 15730. can anyone suggest whether the latest breakout will sustain or can we get back down there?

hong kong nt 09:35 GMT January 2, 2007 Reply   
in dealing rooms, most incoming calls are doing SOB on euro and cable fronts today..fwiw..

coventry 09:26 GMT January 2, 2007 Reply   
uk manufacturing numbers out in 5 mins. looks like numbers are not negative

lugano fc 09:25 GMT January 2, 2007 Reply   
good morning all and a happy start of the new year


going short gbpusd and eurusd stop 1.3313 and 9755

Cannes Oil man 09:11 GMT January 2, 2007 Reply   
Canada does not outperform the US when the US$ does it's major slumps..
It comes with a delayed blast..
See further GBP/CAD , EUR/CAD strenght (see 2 month old post GBP/CAD for 3.10 , EUR/CAD 1.72).

gl gt

hong kong nt 09:07 GMT January 2, 2007 Reply   
Toronto MRC 08:36 GMT January 2, 2007

Aussie is making new highs (vs. 2006), gold is shining and breaking TL resistance and smart monies are selling CAD crosses and hence may suppress CAD strength..fwiw..

Melbourne Qindex 08:39 GMT January 2, 2007 Reply   
EUR/CAD : Heading towards 1.5464.

Melbourne Qindex 08:37 GMT January 2, 2007 Reply   
GBP/USD : 1.9734 is a significant level.

Toronto MRC 08:36 GMT January 2, 2007 Reply   
If I had to guess the markets are pretty thin and this may just be a higher test on gbp and eur in what is still a range market. imho usdcad not confirming cable/euro strength.

to catt 08:35 GMT January 2, 2007 Reply   
cable's R2 is 9711 , breached without problemz

hastings 08:29 GMT January 2, 2007 Reply   
what are the key cable levels? any point of shorting?

telaviv dor 07:58 GMT January 2, 2007 Reply   
TU Qindex , you answerd already.

Melbourne Qindex 07:56 GMT January 2, 2007 Reply   
telaviv dor 07:53 GMT - EUR/USD : It is heading towards 1.3407 - 1.3425 level as long as it is trading above 1.3228.

telaviv dor 07:53 GMT January 2, 2007 Reply   
Happy New Year Qindex ,what is your say onEU$ ? TIA

Melbourne Qindex 07:37 GMT January 2, 2007 Reply   
EUR/USD : the market is strong when it is trading above 1.3228.

syd 07:23 GMT January 2, 2007 Reply   
Sydney ACC 04:04 GMt hi still not back yet from christmas break be back tomorrow, just checking your posts , Best wishes for the new year .

san miniato ab 07:06 GMT January 2, 2007 Reply   
good day to european friends, just took profit on my usd yen short tonite at 118,60 (fm 118,90) now i tried to go long on euryen at 157,18 (sl 156,70 tp 157,45) today will be a new shortened session for the Mr Ford's memorial so all is in the europe hands. Think after having broken 1,3210 Euro cud try now to break 1,3240 which cud serve to give further support to Euro Yen and let it try again the top at 157,40/50 area. Appreciate ur comments tia and gl

Costa Rica 06:39 GMT January 2, 2007 Reply   
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Nairobi TN 05:49 GMT January 2, 2007 Reply   
Hi Everyone!
Wishing you a Happy New Year full of pips and good health.

Tony

Melbourne Qindex 05:41 GMT January 2, 2007 Reply   
EUR/GBP : the market has a potential to test the supporting strength of 0.6695* - 0.6707.

Melbourne Qindex 05:27 GMT January 2, 2007 Reply   
EUR/CAD : A projected barrier is located at 1.5464.

Melbourne Qindex 05:24 GMT January 2, 2007 Reply   
EUR/CHF : The market is trapped in a neutral state. A projected supporting point is expected at 1.6071*. Projected rseistant points are located at [1.6081]* and [1.6099]*.

Melbourne Qindex 05:12 GMT January 2, 2007 Reply   
EUR/CAD ; Heading Towards 1.5519.

Melbourne Qindex 04:23 GMT January 2, 2007 Reply   
EUR/AUD : A projected supporting level ha sbeen established at [1.6603]* - 1.6614 and a barrier is located at [1.6666]*.

Sydney ACC 04:04 GMT January 2, 2007 Reply   
syd 03:43 GMT January 2, 2007
Happy New Year. Hope you have successful one.
Couple of other articles:

The Times - Kaletsky bullish on the USD
http://business.timesonline.co.uk/article/0,,8210-2525572,00.html

The Telegraph - Sees the threat of a severe UK propertry crash and UK interest rates up one per cent to 6% per cent within 18 months.
http://www.telegraph.co.uk/news/main.jhtml;jsessionid=BC4WZ5JWDUV1VQFIQMFSFFOAVCBQ0IV0?xml=/news/2007/01/02/nhomes02.xml

Melbourne Qindex 03:49 GMT January 2, 2007 Reply   
EUR/JPY : The odds are in favour of maintaining a long position If the market can trade above 157.68. On the other hand when the market is rejected from the projected resistant level of 157.42 - 157.68, speculative selling pressure will increase.

syd 03:43 GMT January 2, 2007 Reply   
http://theaustralian.news.com.au/story/0,20867,20999510-643,00.html
Recession looms as consumers pay off credit card debts, academic warns
Peter Switzer
January 02, 2007

AUSTRALIAN households have shouldered so much debt in recent years that consumer spending levels are expected to fall, which means tough trading conditions for small business this year. One prominent academic thinks it will cause a recession.

Melbourne Qindex 03:33 GMT January 2, 2007 Reply   
USD/JPY : A projected barrier is positioning at 119.10.

Melbourne Qindex 03:26 GMT January 2, 2007 Reply   
san miniato AB 22:34 GMT - Just came back from my tai-chi lesson.

USD/JPY : If the market can penetrate through [118.23], the odds are good that the market can challenge the supporting strength of 117.06 - 117.37.

AZUSA 4X-ed 03:22 GMT January 2, 2007 Reply   
Better late than never... ATA Truck Tonnage Index Plummeted 3.6 percent in November

jkt-aye 03:20 GMT January 2, 2007 Reply   
Happy "safety, healthy and prosperity" Year of 2007 to All Friends here.

to catt 03:04 GMT January 2, 2007 Reply   
cable 9650

to catt 01:51 GMT January 2, 2007 Reply   
happy new year

warsaw TOMi 01:17 GMT January 2, 2007 Reply   
london c 01:10 GMT January 2, 2007

just hoping to catch some profit tomoorrow, good night sleepnow..
gl/gt

london c 01:10 GMT January 2, 2007 Reply   
no mate, will open in 1o hours, just playing for fun now..
what a silly question..

silly question ???? ......why you posting silly positions then ...???

warsaw TOMi 01:04 GMT January 2, 2007 Reply   
no mate, will open in 1o hours, just playing for fun now..
what a silly question..

3 hours trading persists now

london C 01:01 GMT January 2, 2007 Reply   
warsaw TOMi 00:50 GMT January 2, 2007

are the markets open right now ??...????

warsaw TOMi 00:50 GMT January 2, 2007 Reply   
caution tkn into cons..

short €ur 3233..
let's see