A picture says more then a thousand words ...
Regards, Ton. ----- Original Message ----- From: Edward Pottasch To: [email protected] Sent: Friday, November 07, 2008 10:08 AM Subject: Re: [amibroker] Re: OT: Fed to cut rates below 1% soon ? if the oil price is determined by supply - demand, deleveraging, fear for a slowdown, who knows. These clowns at GS call for 40$ and 3 months ago they called for 200$/barrel. We all know that when these clowns call for 40$ they are buying. That these practices are still allowed after all what happened beats me. Personally I think that natural gas is getting interesting right now since the US has vast reserves and they want to move away from foreign oil. I placed some bets on small players in hopes we will see takeovers taking place in the near future. They were giving the smaller players away for free in the last few weeks. ----- Original Message ----- From: brian_z111 To: [email protected] Sent: Thursday, November 06, 2008 11:26 PM Subject: [amibroker] Re: OT: Fed to cut rates below 1% soon ? >The reasoning changes all the time. whatever fills the page. The quota to be filled, by the deadline, is the media message (apologies to Marshall McCluhan). > Oil and markets now move parallel. And then some .... that is what I am finding eerie .... watching the major markets, at the moment, is like watching synchronized swimming. >I thought the average production costs of oil is 70$/barrel. Guess >today it's cheaper. Who nows? My point is that reality and the Gulf Producers spin could be worlds apart. > Cheap oil is bad, it means recession or worse depression :) Just thinking out loud here .... let's face it ... if my predictions go better than 50/50 I am a statistical aberrhation or a scientific freak! Oil at $140 was BAD ... and now oil at $70 is BAD? There is no good news in there anywhere ... no companies or industries that will increase earnings, in the next quarter or two, based on $70 oil? Re interest rates and economies ... below 4%, with 3% inflation, does a 50bp rate cut move mountains.... this is headline news? Re the US interest rates ... I am suggesting that with rates == inflation anyone and everyone will have loaded up to the hilt a long time ago and fresh cuts aren't going to stimulate anyone too much. By comparison, cheap oil doesn't get a headline anywhere? Specifically I am speculating that oil may well hover around about $70 for the next 3 months, maybe even 6 months. Now that's either a brave or foolish prediction. brian_z --- In [email protected], "Edward Pottasch" <[EMAIL PROTECTED]> wrote: > > Cheap oil is bad, it means recession or worse depression :) The reasoning changes all the time. whatever fills the page. Oil and markets now move parallel. I thought the average production costs of oil is 70$/barrel. Guess today it's cheaper. > > > > > > ----- Original Message ----- > From: brian_z111 > To: [email protected] > Sent: Thursday, November 06, 2008 3:02 PM > Subject: [amibroker] Re: OT: Fed to cut rates below 1% soon ? > > > Sounds like you are on the USD (smile!) > > The news is out on the net - it's 50 bp (inflation heading down but > still above ECB target rate?). > > Sorry Ed but the FX market appears to be indifferent to such news. > > There is an eerie hush around world markets right now .... strangest > response of all is that no one is interested in the positive effect > oil at $70 has on industrial economies ... it seems to be trading in > a band capped at 70 (is oil in the tent?). > > brian_z > > --- In [email protected], "Tomasz Janeczko" <groups@> > wrote: > > > > 150 bp cut by BoE - nice:-) Do they know something we don't know > yet? > > Time for 100 bp cut by ECB ? > > > > Best regards, > > Tomasz Janeczko > > amibroker.com > > ----- Original Message ----- > > From: "Tomasz Janeczko" <groups@> > > To: <[email protected]> > > Sent: Friday, October 24, 2008 8:03 AM > > Subject: [amibroker] OT: Fed to cut rates below 1% soon ? > > > > > > > Hello, > > > > > > Did you see this daily effective FED rate chart: > > > http://www.newyorkfed.org/charts/ff/ > > > > > > Usually effective rate follows closely target rate (currently at > 1.5%) > > > > > > In recent days effective FED rate dropped below 1%. > > > > > > It looks to me that FED is going to be walking in footsteps of > Japan central bank in '90s. > > > > > > Now EBC funds still at 3.75% ? They are going to cut fast, much > faster than FED, IMHO. > > > If situation evolves in that direction we are going to see EURUSD > = 1.0 soon > > > and probably Japanese Yen remaining the strongest currency for > months to come. > > > > > > Any thoughts? > > > > > > Best regards, > > > Tomasz Janeczko > > > amibroker.com > > > > > > ------------------------------------ > > > > > > **** IMPORTANT **** > > > This group is for the discussion between users only. > > > This is *NOT* technical support channel. > > > > > > ********************* > > > TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail > directly to > > > SUPPORT {at} amibroker.com > > > ********************* > > > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > > http://www.amibroker.com/devlog/ > > > > > > For other support material please check also: > > > http://www.amibroker.com/support.html > > > > > > ********************************* > > > Yahoo! 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