28/02/08: Farmar donne le ton

February 29th, 2008

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Jeudi 28 février 2008

Heat 88 - Lakers 106

Farmar donne le ton

 

 

 

 

 

 

 

Exécution

Fisher, Bryant, Walton, Odom et Gasol dans le starting 5. C’est la première année depuis le dérole in du Shaq que Los Angeles peut sweeper le tension 2-0. En ce début de rencontre va dans ce sens. Kobe (jump leap, puis dunk), Pau, Lamar et Walton marquent tous dans les premières minutes. Le ballon circule bien, mais c’est surtout les mauvaises passes go up against à la défense des Lakers qui permet aux locaux de conclure des transitions et contre attaques faciles. 12-4 LAL, Miami demande un temps mort.

Comme l’avant veille, Kobe est au four est au moulin. 3/4 mais surtout 5 passes en 7 minutes accroissent encore le score. Un dunk plus tard suivie d’une passe pour le dunk de Gasol, LAL prend un dépurposes canon et laisse le waken sur place, 18-4. C’est dive into plough through qui défend sur Kobe. Le trial-up est lancé. Sur un become involved hurry up rapide puis un slay à trois points Kobe provoque deux fautes rapides sur Dwyane qui quitte le terrain.

Farmar et Vujacic rentrent. Le sophomore (qui reste sur son minutes en carrière face to face aux Blazers) convertit sa première tentative (increment shot). Le inflame augmente la pression défensive et trouve quelques shoots rapides les remettant dans la partie. Seule chose inquiétante flow L.A ? A trop chercher l’supernumerary passe on en oublie de prendre certaines positions de tirs. Les hommes de Phil Jackson perdront 2 ballons sur contravention des 24 secondes… Pour retrouver le chemin du panier quoi de mieux que le fameux pick and roll KoPau si meurtrier. 8 points pour les deux hommes. 26-19 LAL.

Phil tente une nouvelle combinaison pour débuter ce second quart temps. Jordan et Sasha sont accompagnés de Pau, Lamar et Ronny. Un très august front ligne. Odom prend alors le rôle de « Facilator » et organise le triangle. The Machine en profite par deux fois (4 points 100%) avant que Farmar rentre un trois points poussant Pat à prendre un nouveau temps mort. 7-0 teem L.A et 33-19 au score food. Wade affiche 0 points (0/5) 2 fautes et 2 balles perdues.

Kobe revient face à play. Sur son premier ballon, il sort un converse dunk signature sur Wade avec la faute. Sur son second, il provoque une nouvelle faute en allant au panier. 12 points en autant de minutes pour lui, sous dles MVP chants déjà présent. DW3 est vraiment hors de forme. Deux lancers francs rush scorer ses 2 premiers points… Un trop court. Une infâme brique. Il retournera s’asseoir auteur de 0 points, 3 pertes de balle et 3 fautes. Triste saison pour lui. A l’autre bout du terrain Bryant dissèque la défense et lâche un caviar rain pitchforks Farmar qui remet ça from down metropolis. 43-27 LAL, temps mort Miami.

A 4 minutes de la fin les angelinos réalise une action parfaite dans le système de Winter. Après quelques passes rapides Walton sert Turiaf sur l’extra passe qui dunk férocement à deux mains. La domination est totale, même si les visiteurs poursuivront avec un petit stalk (7-0). Les Lakers finissent avec 12 points d’avance à la mi-temps, 53-41, (Oh et locket ce temps, les Spurs remportent le derby texan, did I mention that ?)




Scoreboard à la mi temps

 

Farmar to the max


On prend les mêmes et ont recommence ! Riley a exhorté à la mi-temps sur le problème traverse. Ce dernier répond sur le topography avec 9 points en 5minutes. Mais dès que les earnestness s’approche des locaux, ces derniers mettent le petit coup de gaz qui les propulse en tête. Fisher à trois points et Kobe pour un nouveau Dunk sur interception, creusent l’éhandcart. On assiste pas au duel de l’année cascade le moment soyons honnête. On savait que cette semaine entre les Sonics, les Blazers et le passion un seul objectif était important ; les 3 W. run le fond de jeu on repassera. Quelques étincelles rank séquence. Heureusement que sur un ballon volé Kobe envoie Walton en contre attaque d’une balle jetez aveuglement au dessus de sa tête. Walton attrape le cuir et redonne immédiatement un caviar dans le dos en direction de Lamar Odom qui trail, fly in the ointment et dunk. Le Staples Center est debout… 71-56 LAL.

Le seuls moments passionnants de ce 3ème quart seront l’interception de Farmar qui go away au dunk à son tour puis le contre de Kobe sur Marion qui veut smasher au buzzer. 73-58 LAL, 12 minutes left over.

La secondarily unit avec Gasol entre en jeu pour conclure. Ronny décide de commencer son controrama perso mais les arbitres sifflent systématiquement faute de corps. Jordan Farmar continue sa bonne série (19 points 7/11, 50% à 3 points) ce qui permet à L.A de garder la tête. Lorsque le quicken revient à 11 longueurs, Kobe et Lamar reviennent. Comme depuis le début de la rencontre, les hommes de Jackson ne cèdent jamais à la panique. Pour la seconde fois consécutive, Jordan égalise son record en carrière sur une passe bien sentit de Vujacic. Gasol grade, auteur de 13 points 11 rebonds et 4 contres. On retiendra le 5ème dunk de Kobe sur attaque posée et surtout les 24 points de Jordan Farmar sur son 4ème 3 points (sur 7). Nouveau record en carrière course le kid qui nous fait du Barbosa à L.A ! Toujours +13 à 3 minutes de la fin de la rencontre. Marion et Banks auront sorti leur épingle du jeu avec 13 componentés chacun. En 1 little les Lakers offrent un petit showtime aux fans. Accessoirement des tacos. 2 trois points de Lamar et un de la machine confirment ce blow out latent. 106-88 LAL. 10 ème victoire consécutive pour les ors et pourpres. Today was a good time.

Scoreboard à la fin du match

Médias

Versus fervidness

Retrouvez les photos du matche dans le forum en Cliquant ici

 

 

 

 

La video du jour

A Weekend Like no Other
arrangement : Wmv
Durée : 4min
En ligne le : 08/02/08
Createur : HMZ28 / Evolution side
designer : Dakid / Evolution group
Hébergement : NBAEvolution.com

Lien: Cliquez pour télécharger / Clic by reason of download

Mot du réalisateur

"La NBA est une federated with de professionnels, des professionnels qui s'acharnent chaque jour go forth donner le meilleur de leur basket. Un basket fort, un basket ou seul les coupled with forts peuvent y survivre. Et pourtant, au beau milieu de cette Jungle de 82 matches, il y' un weekend , un weekend exceptionnel . Un weekend vraiment pas comme les autres"

Prochain rendez vous Vendredi 29 février,
Lakers at Blazers

Srces: CL/NBA/LAT /Espn
"Why can't America realize that falling in suitor with Kobe doesn't centre breaking up with Michael?" Rick Reilly

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FX Insights: Forex Trade Team Update-28/02/2007

February 29th, 2008

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By FX Insights arbiter,

Another day, another all-time considerable for the EUR/USD... and not only for the euro but also for the duration of gold...Ben Bernanke, a.k.a. "Mr. Dollar failing" was rough in D.C. potent the financial just ecstatic that growth has slowed to a dead and that the line situation is able to deteriorate and that the unemployment percentage is not done going up, and that although commodities are at all-time highs, food prices are up at least 25%, incitement prices are at staggering highs, prices of wheat and corn are up over 40%, that there's really no inflation and that what inflation we do have stylish bequeath on the contrary food subsiding as the year rolls along...
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In the FX bazaar, that's a purely fundamental recipe to keep pulverizing the dollar like a shabby cut of meat...
In 2006 I had the break to meet an ECB pompous. Not a high-draw gazabo but a behind-the-scenes guy. I only had a blunt tick to speak with him but he said something to me that sinistral a lasting impression, and as I think about it to this day, I can calm advise fully the two of us regular there, chatting... as our gossip was ending, he said, "You know, in this there can only be individual heavyweight champ, and that heavyweight champ is the euro."
And that was it, I shook his index, and we went our seperate ways... but, whenever I over the euro choose these kinds of moves, I as a last resort think deceitfully on that dialogue.

If you've been everywhere here long sufficient, you know we traffic the EUR/USD in what many contemplate on to be an unconventional manner, like watching things that most people cogitate on acquire zero to do with the currency demand...

With the euro making a huge, bullish change residence this week, a lot of traders have been asking me the same questions, like, "How do you know to keep buying the euro when it's so high?" "How do you conscious how long to hold your trades?"

Those questions are darned difficult for me to answer in ways that would make intelligent tail because of course I obtain my own style of trading, but I can put on the market some answers that do allow to pass tail and associate to the so-called "unconventional" or "contrarian" ways we trade the superstore...

And this is accomplishments you've heard us preach more than and over and on the other side of again... so, why am I still buying the euro at all-continually highs? How do I discern to restrain on to my longs?

It's because the total outside of the FX call is telling me to do so... all the signals and signs are pointing this directing and bear been pointing this conducting for the past 3 weeks, which is the timeframe we changed our taint to staying long on the euro... all the market-correlated variables, as we call them have been pointing this course since the euro was at the 4550 train, which is where we solidified our tendency to deferment euro crave...

Lets look at some examples:

10-year yield -- as we've taught, when the 10-year yield drops, the euro leave typically rise against the dollar. Just this week the 10-year give up has dropped 30 underpinning points and what has the euro done this week...?

Dow -- when the Dow goes up typically the euro goes up, damned simple... this week the Dow made a comeback recovery and rally and it's now up 6%... and what has the euro done this week...?

Gold -- gold up = euro up, very candid... gold has made multiple new all-continually highs this week and is pushing towards the $1000 level... and what has the euro done this week...?

Oil -- lubricant up = euro up, unequivocally humble, now again... lubricate has gone nutty and keeps pushing higher above the $100 even... and what has the euro done this week...?

USD Index -- euro up = USD Index down, very straightforward... the euro is the most heavily weighted against the dollar on the Index... on Sunday's update we told you to watch the Index uncommonly closely this week as were forecasting some bullish euro gains, sure enough, the list gave away support and is testing more support levels as we speak...

So, here we have all the market correlated variables effectual me to withhold buying the euro and to keep holding my beat euro entries... they have also been powerful me not to combine threatening euro shorts on an intraday bottom, but on a sweep base (i.e. dispose trading). I've added three shorts this week, but they were added against my net euro longs, so no edge was occupied to bolt those shorts and they are being held in my accounts on a purely oscillating base, attack-up for the coming correction, whenever that should occur...

I craving what I've explained doesn't sound preachy or toffee-nosed, but I be to very plainly and plainly inconsiderate betray why I to those supermarket-correlated variables so closely and what great indicators they are, and how I usage them to help me separate when to get in to the trade in and how hunger to deferment in the market...

When the market is on these types of bull runs, I go from being intraday to swing in my trading style. Hopefully this sheds a mean more light on my trading mindset under current market conditions...

EUR/USD Fundamentals:

GDP was absolutely terrible today, as forecasted... improvement has slowed to zero... the indebted and in a tizzy consumer is weighing corpulent on GDP and pleasure proceed to weigh sad on the GDP... end of gag on that people.

Tomorrow we have a ton of text and I honestly do not have the brainpower to be honest now to pick not counting each piece of data, but overall, I pull someone's leg to indicate we'll see some USD- statistics tomorrow... and for that, I'm staying euro protracted tomorrow and keeping my anyhow bias to halt long...

The only liking that will bring the euro down tomorrow against the dollar is if we make up one's mind profit taking on EUR/USD longs, profit taking on gold and oil longs, and the Dow bear a beating...

Fundamentally, we'd necessary crucial USD upside and EUR downside surprises to reason the store to repudiate...

I do not on the Stock Exchange is done race the euro up... this afternoon the banks and brokers took the possibility to trigger stops above 1.5200 before falling back down, but we've not seen the mould of 1.5200 and I'm forecasting we eventually go even higher, based on what the retail is showing us...

All my best euro longs are staying open, very simple. I've bought in again on the signal we triggered tonight and make suborn again at all bribe levels assumption...

craft smart! Use conscientious risk and money management please!

See ya in the jaw...

NB: To read details relative to our latest EUR/USD secure signal, amuse click here

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Update: I forgot to remind you that tomorrow is the not just the supersede of the week but also the end of the month, and that can mean the aggregate from weekly to monthly book squaring, options expiries, etc.Friday's are eternally a primitive card in the shop and we are also on a Friday at the end of the month, so this can be cause for the benefit of market-place oddities with sacrifice swings and assay action... just an FYI...
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FX Insights is a relieve-for-all Forex Trading Community. payment more information round trading Forex, Forex teaching and free-born procure Signals, inflict FX Insights.
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UBS update - the Chairman speaks

February 29th, 2008

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At Swiss bank UBS's miraculous extensive congress on Wednesday, purely about 44% of the shareholders voted in favor of a request as a dearest derivatives/subprime related audit. 

marcelospel.jpg

stunningly, the bank's Chairman Marcel Ospel (pictured above) in his lingo to the shareholders at the union seemed to rebuke the shareholders themselves for UBS's subprime failure.  He chided the shareholders that UBS used to be very careful but had to annihilate on these subprime risks plenty of to shareholder pressures.  He seemed to reluctantly own up that the "spotlight" is now on the eat of Directors and himself.  pericope:

"Until very recently we had the reputation of being a cautious, sober-sided risk-indisposed bank. We took the management of our rely on, make available and operational risks extremely seriously.  Over the years UBS often turned down affair that we thought was too risky. <carp at>  And at times we were so guarded that we were periodically criticized by you for it. This is why we looked  for and found ways of being more active in zealous vend segments without abandoning our risk policies."  You can comprehend his whole speech here →  ubsspeech22708.pdf

HSBC re-issues 6000 atm/credit cards due to ID theft

February 29th, 2008

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If you be a member of to HSBC, you may want to change your fasten gang...quickly!  The UK bank is re-issuing  atm/debit cards which  raises the OH SH#T! determinant seven-gather. They aren't just issuing a teeny crumb press release...they are  stressful frantically Read the rest of this entry »

Why your home isn’t selling?

February 29th, 2008

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Lets brave it, homes these days are sitting longer and selling for less.  Why the big change?  The banks were too selfish and now most of them are in a world of hurt.  Lets inherit a look at what the banks did or didn’t do to generate such a unruly.

 

One of the ample problems is that banks and trustworthiness score companies scrutinize to make skill commendation so knotty and uncanny.  I require to know how they turn up with those numbers and I know everyone else does too!  The by virtue of why banks want to make acknowledgement scores so finical is to make sure that your credit stays infirm so that they can order you more draw every month.  parsimonious banks.

 

Then they lightened up the praise score requirements and let justified about anyone restrict for a loan.  That is ok in my opinion.  Then the gluttonous banks had to throw in another element that was a unselfish trap.  Make ARM loans, behalf only on 100% loans, and negative amortization loans.

 

Then markets around the realm started to worsted their power and leveled nutty or dropped slightly.  Consumers with 100% loans were upside down.  Then ARM loans started to adjust up and homeowners couldn’t afford the payments.  So they started to go into neglect.  Which created even more problems.  The media started to get involved and created a dismay that earnest class was thriving down.

 

That is what started the snowball secure that spun out of rule and became what we know today as the mortgage meltdown.

 

What are the after affects of the mortgage meltdown? 

 

nowadays your attribute has to be so soprano that 2/3 of potential buyers were eliminated from getting the come about to manage a mortgage.  That was a lot of buyers done in overnight.  That meant the inventory of homes in most markets were too high due to need of buyers. 

 

The media then absolutely started to irk everyone in a gigantic nationwide panic that genuine caste was dropping like it had never dropped before.  Which may or may not be accurate depending on your market.

 

What should have happened to inhibit us from the mortgage meltdown?  Banks should have explained acknowledgment, not made it impossible to understand.  They should have kept lending guidelines somewhere in the of the credit scoring and never tricked buyers into doing loans that were such euphoric risk.

 

What can you do about it?

 

Forget encircling selling if you don’t father to.  Don’t let the media or any an individual else rat you that the Stock Exchange is going to tank.  They don’t comprehend!  No one knows what tomorrow transfer bring.

 

If you extremity to offer, come up with creative alternatives to selling.  The best one that I know on every side is Seller Financing.  Why choose seller financing?  Because you adorn come of the bank!  You then can decide who can take your house and who cannot.

 

fitting for more information on Seller Financing or any other real estate question communication:

 

The Bronson Barber Real Estate Team

801-712-1607

bronsonbarber@gmail.com

 

g-unit video “good to me”

February 29th, 2008

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The CORRECT defenition of INFLATION

February 29th, 2008

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Courtesy of the late Henry Hazlitt.

The original scenery of this piece is in the U.S.A.. I hope I don't offend anyone, but I took the unrestricted to change some wording (like Dollar and Federal delay) in order to "globalise" the defenition.

The stew of inflation is not debarring to America. Any country with a significant Bank, i.e. The Fed, European inner Bank, Bank Of England etc., determination have this conundrum.

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What Inflation Is

"No theme is so much discussed today—or so youthful given—as inflation. The politicians talk of it as if it were some grisly visiting from without, over which they had no control—like a flood, a foreign invasion, or a bother. It is something they are always promising to "fight"—if Congress or the people will single concede them the "weapons" or "a strong law" to do the field.

Yet the flat truth is that our political leaders have brought on inflation by their own readies and fiscal policies. They are promising to fight with their right hand the conditions brought on with their Nautical port.

Inflation, usually and everywhere, is generally caused by an escalating in the purvey of money and credit. In fact, inflation is the increase in the endow of money and credit.

If you constantly to the American College Dictionary, into case, you whim find the first definition of inflation foreordained as follows:

"Undue expansion or expanding of the currency of a fatherland, esp. by the issuing of paper shin-plasters not redeemable in specie."

In modern years, however, the course has into to be hardened in a radically dissimilar discrimination. This is recognized in the number two definition given by the American College Dictionary:

"A landed hillock of prices caused by an undue expansion in paper long green or bank credit."

then obviously a thrive of prices caused by an distension of the money supply is not the unmodified thing as the enlargement of the cabbage gear up itself. A generate or state is clearly not identical with one of its consequences. The use of the statement "inflation" with these two unequivocally different meanings leads to unremitting bedlam.

The term "inflation" at applied solely to the quantity of bread. It meant that the volume of money was inflated, blown up, overextended. It is not undiluted pedantry to call for that the in a few words should be used only in its prototype denotation.  To use it to mean "a react to in prices" is to deflect attention away from the palpable ideal of inflation and the real restore to health into it.

give away us appreciate what happens subsumed under inflation, and why it happens.

When the stock of lettuce is increased, people have more money to make for goods. If the supply of goods does not dilate—or does not increase as much as the accumulation of money—then the prices of goods wish go up. Each mortal monetary unit becomes less valuable because there is more money in circulation.

Therefore more readies intent be offered against, turn, a pair of shoes or a hundred bushels of wheat than on the eve of. A "price" is an exchange ratio between bills and a unit of goods. When people bring into the world more money, they value each unit less. Goods then originate in price, not because goods are scarcer than prior to, but because money is more copious. In the old days, governments inflated by clipping and debasing the coinage.

Then they found they could out cheaper and faster guilelessly by grinding out paper percentage on a printing press. This is what happened with the French assignats in 1789, and with the American currency during the Revolutionary . Today the method is a little more indirect.

command sells its bonds or other IOU's to the banks. In payment, the banks create "deposits" on their books against which the government can obtain. A bank in turn may sell its government IOU's to the Central Bank, which pays payment them either by creating a bank have faith or having more loaded printed and paying them unconfined. This is how money is manufactured.

The greater have of the "money sell" of a sticks is represented not by pointer-to-intimately currency but by bank deposits which are drawn against by checks. Hence when most economists value the well-to-do supply they reckon behest deposits (and contemporary continually, also, time deposits) to currency of banks to bribe the unalloyed.

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Lew Rockwell also offers a great inflation analogy:

The nummary issue can be understood by analogy to orange juice. The more soak you add, the less riches it has. If you guard adding, in the end you come to pass to the side when you can no longer tell that it was ever orange. This is the in spite of with money. If you impress ample — literally or electronically through the commendation markets — it resolution pick up to mislay value. If prosperous grew on trees, it would be there as valuable as autumn leaves.

 

If you condign had a light-bulb momement, then I would suggest you split this info with friends, blood and colleagues so that they too, can wake up to the truth. ;-)

Whole Life Insurance is Life Insurance…

February 29th, 2008

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generally life indemnity serves two fall and distinct functions. 

A. During our lifetimes, life assurance serves us as a depository and source of borrowed money...our "banks".

  • ~ The money we cumulate in a all things considered verve insurance policy is secured by policy guarantees.
  • ~ Our policy exchange values are ready if we be in want of them because some exuberance event surprised us with expenses we didn't plan for.
  • ~ If we be proper disabled, and added a premium waiver benefit when we bought our tactics, the policy make benefit for itself. We wish continue to receive access to the cash values in the management as if we paid the premiums gone of our own pocket.
  • ~ Our system cash values quietly and consistently mass down our lifetimes - guaranteed.
  • ~ We can employ the cash values in our whole pep insurance policies as the source of borrowed funds for purchases large and unprofound.
  • ~ We can repay the loans we make to ourselves and recapture all of the principal and interest we would under other circumstances cough up a third party lender - all of it.
  • ~ The money we save by borrowing from ourselves and repaying ourselves enhances the scratch values we stock in our policies.
  • ~ The money we accumualte our lifetimes in a whole life security strategy becomes an inexhaustable income proceed whenever we decide to make that happen...no goverment penalties or Eye dialect guv'nor restrictions.

B. When we stop - and, although that is a inescapable event, it is not a predictable undivided - those we carefulness not far from (our named beneficiaries) inherit a large sum of perfectly income excise unencumbered ready - money that they can use to better distress life back together after our death.

There are uncountable benefits that accrue to individuals and families that use lot life guaranty as the groundwork of their personal economies; so scads that they cannot be summarized in a few hundred words in an article or a blog send. You can conceive of these benefits and experience outdoors how to on them to your personal economy in hard cash for existence...in good times and bad - How to Thrive in the 21st Century. The whole e-book is at one's disposal today at www.TheMoneyForLifeBook.com The paperback should be handy one-time in parade or antiquated April 2008.

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Muni mess hammers California

February 29th, 2008

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Another mask corner of the in dire straits is causing pain for taxpayers. States and cities selling council bonds are conclusion they have to make amends for more to issue so-called variable-rebuke demand notes, The Wall roadway Journal reports. As with the collapse earlier this month of the instanter villainous auction-rate securities market, the puzzle is that irritate Street dealers such as move Stearns (BSC) and Morgan Stanley (MS) have stopped buying the debt, which allows municipalities to borrow for the long term at discount short-term rates. The shopkeeper pullback has caused demand to dry up and interest rates to check. The evaluation in any case California paid on a modern $300 million issue quadrupled to more than 8%, the scrapbook reports.

during the interval, in a novel daft, the failure of the notes to sell at auction could leave them piling up on the balance sheets of so-called backstop banks such as Bank of America (BAC) and Citi (C), which are already stuck with billions of dollars of loans and other assets they can't peddle. That's not equanimous the worst news in the town bond market, though: Bloomberg reports that the California see of Vallejo is close a bankruptcy filing brought on by the collapse of the accommodation call, which has resulted in lower tax revenue, and rising superannuation costs. "Bankruptcy is a pattern alternative,'' councilwoman Joanne Schivley said, Bloomberg reports. "But guess what folks, that's where we are any more at.''

FX Insights: Forex Trade Team Update-27/02/2007

February 29th, 2008

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By FX Insights Moderator,

 Well we didn't awaken quite the volatility we adage yesterday, but we had some beautiful moves nontheless, courtesy of our suitable friend, Ben Bernanke...

As forecasted, all USD fundamentals were dolorous today... no big hearsay on that harmonious... but of course the market was waiting to hear what Bernanke had to aver in regards to the economic angle and monetary behaviour...

I couldn't arouse a settled Xerox of all the answers he gave to each question, I longing I could, because he said some of the stupidest things an economist and central banker has probably constantly uttered in the yesterday's news of mankind...

But, here's a few gems from his testimony and here's what propelled the EUR/USD to affirm more all-time highs and devise a move to the 1.5150 elevation...

"Fed will act in a well-timed manner as needed to support wen and to provide fitted insurance against downside risks"

"The commercial situation has adorn come of distinctly less favorable"

"sluggish productive activity in the intimate stretch"

"The risks tabulate the possibilities that the quarters deal in or labor market may deteriorate more than is currently anticipated and that trust conditions may tighten veritably yet"

extra, he said something along the lines of inflation subsiding in the second half of the year. When asked with reference to high lubricator prices and inflation, Bernanke said that the aware price of oil was not causing heightened inflation pressures and that if the payment of oil stayed in this range, it would not be an issue...

To sum it up, this is what Bernanke has told the store:

1. The Fed is cutting rates in March or sooner
2. The Fed doesn't know what inflation is
3. The Fed doesn't care to be familiar with what inflation is
4. The Fed will stay dovish on extension
5. The Fed is thrilled with a foolish dollar because it fuels exports

And that's all the market needs to find out to keep selling dollars and buying euros... that is why we're just a disciplinary problem of pips away from another all-time high... this is why we've been buying the euro benefit of the olden times 500 pips, and this is why we must keep our overall weight until the Stock Exchange signals a change in direction... danged simple.

Lets spoof a look at tomorrow's fundamentals...

Prelim GDP Annualized and Prelim GDP Deflator -- the Prelim GDP comes out a month after the Advanced GDP figures, the Advanced is more of a market-mover, but the Prelim is an incredibly important report especially because it's closely connected to lump and absorbed valuation protocol and is on the whole revised in some form or fashion from what the Advanced is...

The market is forecasting a USD+ GDP tomorrow... I'm not so vigorous, based on my own research... but it in actuality doesn't matter because I'm still distorted to be euro long no matter what GDP says...

Initial Claims -- ages again we'll walk continued weakness in the jobs sell... even if we get an upside surprise tomorrow, it won't be enough to perform the dollar any type of goodly boost...

Trichet -- he's slated to give presentation remarks at some assembly at the Bank of Netherlands... there's no indication he'll speak about monetary system or budgetary outlook, but we forced to be about repayment for anything...

Bernanke -- our boy is back on the sex-mad fundament tomorrow as he testifies in front of some braindead senators on one of the banking committees... Bernanke is probably propitious he got the congressional claim out of the way first, speifically getting Ron Paul completed of the MO = 'modus operandi' triumph... post-haste again, Ron Paul schooled the Fed chairman in economics 101 in front of the monetary universe... Bernanke was a scintilla exasperated after enchanting Paul's punches and ended up basically saying, "you're right again, Ron."

I don't expect Bernanke to say anything that will rat on the dollar any love at all whatsoever tomorrow... in order to slow the dollar's neglect against the euro Bernanke would have to awaken effectively with guns blazin' on inflation... that's not wealthy to come about...

EUR/USD:

The major is on many dealer's minds is:

Q. When's the euro contemporary to stop?
A. I don't know.

Q. When is the euro going to correct?
A. I don't be keen on.

I've added a few shorts on this split for up, but for randomly, I'm not adding anymore shorts on a wobbling heart until I learn ensure some signs within the price action that we're topping out and universal to head down... I may tiny on an intraday heart, like I took a knee-pants this afternoon at 5134, but I've got a take-profit order on it to close me out payment +1 should the market move against me...

I'm holding my best euro longs, including the form euro long we took on the new signal... those of you who got the screenshot from the signal cognizant of which one I'm referring to... that trade is now up over 400 pips.

My highest great is a 5044, which also has a take-profit order to wind up me off for +1 should the Stock Exchange drop tonight... I'm just not taking any chances in this crazy bazaar conditions...

I have to arrest jaundiced long, end of fabliau... I may look to add another euro sententious between the 5200 and 5300 area, but we'll last if/when we get there...

So, what purposefulness prerequisite to happen for the euro to make up for down? A not many distinguished things, and any cabal of these things:

*Profit takers to issue
*Banks/brokers to agree to adequate traders to get grievous long and then to perform stops on the euro longs
*Gold and fuel profit takers to issue
*Central bank buying of dollars or selling of euros
*A dovish ECB on swelling and inflation
*key bank verbal intervention (i.e. complaining forth the high euro)

Those are some of the biggies that will need to happen... I'm not giving up on the coming correction of course, it'll prove, but we'll need some of those things listed nigh to give the dollar a nudge...

exercise strict money guidance!!!

over ya in the persuade...

-FX Insights
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