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Bill Gross is the bond king. When he speaks the bond market moves.

Context? Large capital? Experience? WTF? Nick Leeson brought down Barings bank in 1995 by averaging down: http://www.amazon.com/Rogue-Trader-Nick-Leeson/dp/0751517089/ref=sr_1_1?ie=UTF8&s=books&qid=1228574834&sr=1-1 Keep averaging down and you'll eventually blow your account. You can...

It took me blowing two accounts before I learned to never avg down again.

This is just terrible.

Good analysis achilles28! I agree with you %100. I am going to wait until summer or fall of next year before I start piling up on ZB shorts. That sucker is way overbought.

Indonesia's turmoil was rooted in ethnic conflict, which was triggered by an economic melt down. Many of those south east asian countries are torn societies, where 5-10% ethnic Chinese control 80+% of the economy. China doesn't have this problem as they are one of the most homogeneous societies...

Yeah that’s what I am thinking too. I was about to short Yen today in my position trade account, but held off. I'll wait and see if BoJ will let it go above 90. I have a gut feeling we are going to see 80-85 before coming back down.

Will the central bank of Japan intervene again to bring the Yen back down?

ET predictions?

Well said! I sometimes laugh at these clowns who get out of college with liberal arts degrees owing 150K+ in student loans. Now, don't get me wrong, some degrees are worth paying top dollars, but the majority of them aren’t.

$36.9 billion is still a lot of money, considering this only a non-profit org. Some countries don't even have that much capital in their treasury.

You are underestimating these cockroaches. Most of these guys are well polished, well connected and good at BSing. They'll move into other industries and replace the management teams in those sectors. They are down, but not out. Just wait and you'll see!

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPdFyfMybk4w&refer=home "... Companies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today..." At this rate, unemployment will be at 10% by spring.

Good call so far. Lets see if goes down to 12550 this week.

Ford would break even if it wasn't for foreign manufactures dumping their cars here while at the same time closing their markets to our goods. Ford is the victim of unfair global trade.

I hope this translate into less of those annoying "You are pre-approved for this fantastic APR" junk mails that I get every month.

It doesn't matter who your broker is. Don't listen to people that would say otherwise. Just pick any broker and start trading.

Thats true! The current market activity is erratic, especially on shorter time frames. We are getting 3-5 days of choppy market followed by a wild 200 pips one day swing. Moving averages get whipsawed under these conditions.

The embedded charts are tiny. Can't see them well. Anyway to make them bigger?

Typically volume is thin on both days, but trading range is tight on Thursday and wild on Friday: