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Another example of morons at work duping the even more moronic public, straw man entities have already been created to get around the limits per entity and margins mean nothing. The trading will simply move to exchanges in locales that don't bow to NY/CFTC rules. It's the oil that has the...

disconnect:

Keep diconnecting from sat. have a new monkey friend helping out with keyboard here. He thinks he might know some of your relatives Will. Look on Google earth and find the co-ords @ the bottom of the pic. That's where I am.

Daily chart, start with the longer TF and work down for a better reality fix. I only trade the futs contract now so had to reconstruct this. There is a defined up channel and has been for 10 days.

http://www.ft.com/cms/s/0/2a1afcee-42e0-11dd-81d0-0000779fd2ac.html Pay attention to the last paragraph. FX pairs are like a partially used tube of toothpaste ,squeeze one end , the toothpast moves to the other, it can't get out of the tube, it just moves back and forth as one of the ends...

US GDP coming up right now 8:30 est

http://www.latimes.com/business/la-fi-wificar25-2008jun25,0,1676276.story

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alUJZgGm4GUI

http://www.newegg.com/Product/Product.aspx?Item=N82E16832116515

http://www.theinquirer.net/gb/inquirer/news/2008/06/25/firefox-wins-memory-benchmark

http://news.yahoo.com/s/nf/20080624/tc_nf/60443;_ylt=AhSOxZarFfPGncookQDNZZas0NUE

June 25 (Bloomberg) -- Bank of America Corp.'s $3 billion takeover of Countrywide Financial Corp. will be financed by 138 million tax-paying Americans. http://www.bloomberg.com/apps/news?pid=20601087&sid=a8C74i7bBnh0&refer=home

http://www.marketwatch.com/news/story/new-dubai-hub-handle-up/story.aspx?guid=%7BA6652B50%2D6D2F%2D4BC6%2D9916%2D195AE2A35DD8%7D&dist=msr_1 http://www.marketwatch.com/news/story/new-aerospace-kid-runway/story.aspx?guid=%7B0A0B938F%2D6C1D%2D4E84%2DB07C%2D3D95CE8B6C85%7D

RESEARCH AND ANALYSIS outfit Gartner, reckons the number of installed PCs globally has now exceeded one billion units. And there was much rejoicing. Yay. http://www.theinquirer.net/gb/inquirer/news/2008/06/23/billion-pcs-currently-gartner Got electricity?

KUWAIT CITY (AFP) - The oil-rich Gulf Cooperation Council (GCC) states are projected to earn close to 1.3 trillion dollars in oil revenue in 2008 and 2009, a Kuwaiti economic report said on Saturday...

2 salient macro points: http://www.marketwatch.com/news/story/big-brokers-threatened-crackdown-shadow/story.aspx?guid=%7BFA23DF5A%2D918F%2D41DA%2DB794%2D7E553ADAFAA7%7D any action by regulators may further weaken the dollar short term...

Hedge fund fugitive’s girlfriend arrested http://www.ft.com/cms/s/0/053faebe-3e81-11dd-b16d-0000779fd2ac.html

SAN FRANCISCO (MarketWatch) -- A network of lenders, brokers and opaque financing vehicles outside traditional banking that ballooned during the bull market now is under siege as regulators threaten a crackdown on the so-called shadow banking system...

Homeowners Turn To Spray Painting To Keep Lawns Green http://www.thedenverchannel.com/news/1637755/detail.html

Friction over oil prices at EU summit http://www.ft.com/cms/s/0/eecfac44-3e1f-11dd-b16d-0000779fd2ac.html