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September 14, 2006
Cara's Daily Planet, Thurs., Sept. 14, 2006, 5:45 AM
Readers are invited to link articles from around the world that might be important for people trying to get a handle on the big picture. Anybody can jump in with their opinions, and others should feel free to take the opposite side. Although day traders trade off the news, this is not a board for day traders to discuss intra-day prices, but for all of us to discuss issues. Please discuss day-trading and today's market prices in the Day-trader's Bull Board.
I'm sure there will be lots in here about the murder of a top Russian central banker. American-biased media will surely engage in Putin-bashing today.
Posted by Posted by Bill Cara on September 14, 2006 05:45:12 AM | Category: The Daily Planet
Discourse
SLW has been discussed here before. Found this positive article yesterday...
http://www.321gold.com/editorials/damberger/damberger090806.html
Posted by: Mike
at
September 14, 2006 7:32 AM [link]
U.S. stock futures steady before data
Xilinx in focus after cutting revenue forecast; GE, Boeing downgraded
http://www.marketwatch.com/News/Story/Story.aspx?column=Indications&siteid=
Posted by: oratier
at
September 14, 2006 7:47 AM [link]
Record clip of metals mergers: chasing fool's gold?
Miners draw fire for putting hefty premiums on bids to buy out rivals
Posted by: oratier
at
September 14, 2006 7:50 AM [link]
Empty pockets
U.S. consumers are second-most cash-strapped in the world
Posted by: oratier
at
September 14, 2006 7:54 AM [link]
Gold consultancy GFMS forecasts $700 gold
Price climb would follow first-half slump in jewelry, investment demand
http://www.marketwatch.com/news/story/B43jRmx9pdxFmkmSszp55GR?siteid=mktw&dist=TNMostRead
Posted by: oratier
at
September 14, 2006 7:57 AM [link]
China suspends foreign bids for brokers
http://www.marketwatch.com/news/story/zFGXwh5Cl9G6ZqzrdVNShn?siteid=mktw&dist=TNMKTW
Posted by: oratier
at
September 14, 2006 7:59 AM [link]
U.S. home sales, prices seen stagnating
Posted by: oratier
at
September 14, 2006 8:03 AM [link]
PETER BRIMELOW
Are the bears finally treed? They've seen worse
Commentary: Dow Theory's Richard Russell still in gold and cash, for now
http://www.marketwatch.com/news/story/1LHpnH5QjVKLbfWdghxXx37?siteid=mktw&dist=TNMostRead
Posted by: oratier
at
September 14, 2006 8:05 AM [link]
U.S. MBA's Mortgage Applications Index Rose 3.2% Last Week
http://www.bloomberg.com/apps/news?pid=20601103&sid=a1ookWPE3CZc&refer=us
Posted by: oratier
at
September 14, 2006 8:11 AM [link]
DAVID CALLAWAY
Oil decline could set year-end rally
Commentary: Third time's a charm for Dow with record high
Posted by: oratier
at
September 14, 2006 9:04 AM [link]
Potential crude oil enough to power world for 140 years: Saudi official
http://english.people.com.cn/200609/14/eng20060914_302869.html
Posted by: oratier
at
September 14, 2006 9:52 AM [link]
Dr. Gloom-Boom-Doom
"a nice crash should not entirely be ruled out"
Posted by: Seamus
at
September 14, 2006 11:36 AM [link]
FWIW--Observations:
Trend of Central Banks rebalancing their reserves and reducing dollars continues: Ukraine raising the Euro component of their reserves.
Russian Central Bank Deputy assassinated last night--Kozlov headed bank reforms in Russia, fighting corruption and regulating shaky financial system.
From Everbank--research by Deutsche Bank regarding Corporations using currencies to help overcome the huge black holes in their pension funding
Posted by: Seamus
at
September 14, 2006 12:31 PM [link]
If you are looking for "reasons" that stocks or markets make large directional moves, I can tell you that you will probably never know for certain. Large institutional investors and well capitalized players move markets for reasons known only to them. Since we are dealing with perception of markets-not necessarily reality, you are wasting your time looking for the many reasons markets move.
A huge mistake most investors make is assuming that markets are rational or that they are capable of ascertaining why markets do anything. To make a profit trading, it is only necessary to know that markets are moving-not why they are moving. The most profitable traders only care about direction and duration, while market losers are obsessed with the whys.
More here:
http://canslim.blogspot.com/2006/09/trading-insights.html
Posted by: Mousefinger
at
September 14, 2006 12:43 PM [link]
Microsoft takes wraps off of Zune
Posted by: oratier
at
September 14, 2006 1:37 PM [link]
the end of crude's fall?
http://www.financialsense.com/editorials/pearce/2006/0914.html
Posted by: kschneider
at
September 14, 2006 2:36 PM [link]
the end of crude's fall?
http://www.financialsense.com/editorials/pearce/2006/0914.html
Posted by: kschneider
at
September 14, 2006 2:36 PM [link]
How Big Is the Click Fraud Problem?
http://www.eweek.com/article2/0,1895,2011714,00.asp?kc=EWSTEEMNL091406EOAD
Posted by: sergio
at
September 14, 2006 3:08 PM [link]
Trend in uranium prices:
2002 2003 2004 2005 2006
Jan $9.70 $10.15 $15.55 $21.10 $37.50
Feb $9.93 $10.15 $16.63 $21.75 $38.63
Mar $9.83 $10.10 $17.63 $22.55 $40.75
Apr $9.90 $10.88 $17.68 $25.00 $41.50
May $9.90 $10.95 $17.80 $29.00 $43.00
Jun $9.90 $10.90 $18.50 $29.00 $45.75
Jul $9.85 $11.05 $18.50 $29.50 $47.38
Aug $9.85 $11.30 $19.63 $30.10 $50.25
Sep $9.75 $12.23 $20.00 $31.63
Oct $9.90 $12.73 $20.23 $33.25
Nov $9.88 $13.75 $20.50 $34.75
Dec $10.20 $14.45 $20.60 $36.38
Posted by: Seamus
at
September 14, 2006 3:09 PM [link]
Bill,
Do you have entry targets for the following mining companies (PAAS, SLW, GG, NEM)?
Posted by: 2nd_ave
at
September 14, 2006 4:22 PM [link]
2nd_ave,
That's not a fair question. You are not my client, and I am not (yet) an advisor.
Also, this is a question for others, and best put in the Bull Board thread. Thanks.
Posted by: Bill Cara
at
September 14, 2006 4:30 PM [link]

Here's a NYTimes article regarding Fed Paulson's take on China's trade policy. It contained the following paragraph which I found to be quite bad advice considering scarily low savings rates and the heavily debt laden US consumer.
Excerpt:
Mr. Paulson said the United States would not “heed the siren songs of protectionism and isolationism,� but that China had to do its part by changing its heavily subsidized industries and farms, allowing capital to flow freely and guiding Chinese to spend more and save less — a step that economists say would increase imports.
Link to full article:
http://www.nytimes.com/2006/09/14/business/14paulson.html?_r=1&ref=business
Posted by: BeeThousand
at
September 14, 2006 7:27 AM [link]