Share Forum - Discuss JSE shares and join the Investor Challenge

This is just too easy

What time did you get your short in?

Asian markets are lining the weakening yen. The Nikkei is up about 1.7% right not. jaDED is likely to wake up smiling, gold is having another good day.

Asia's having a good morning today. The US is down, particularly the NASDAQ. Apple, google and microsoft are taking a hit. Windows 8 seems to be heading the same way as Vista, I know a lot were hoping PNC would make good profits due to the renew cycle, but I'm anticipating the uptake won't be anywhere near as large as it could have been with companies opting not to upgrade.

Asian stocks advanced for the first time in three days as new-home construction in the U.S. jumped more than forecast, the International Monetary Fund raised its forecast for Japanese growth and the yen weakened.

America's looking green, asia looking green, but after gaining 1.2% yesterday, will we gain much more today?

Yet another well thought out article on market rigging: http://blogs.telegraph.co.uk/finance/thomaspascoe/100024081/the-gold-price-crash-is-further-evidence-of-market-rigging/

As John Mauldin, one of the most impressive macro analysts out there, wrote in his newsletter this morning:

   

Quote

Five hundred tons of paper gold contracts were sold dumped into the market on Friday. That is a lot of gold. In short, some people sold gold like they had a gun to their heads, in such a quantity and with such ferocity that the likelihood of their being a for-profit seller is right up there with my chances of winning this week's Masters

So stupid then.  3:15pm bomb blasts in Boston, USA - curiously all 3 US futures up.

I wouldn't say stupid, the black swan is impossible to spot. I must say, I'm quite suspicious that this attack came so soon after Obama decided to cut defence spending.

Closed at -340 points, will be looking again after close for possible long, will see, taking day off.

Easy money today