Gotta love ZERO RISK in the SP500 = $$$

If the US Dollar keeps selling off, the fed will have to talk tough again. The last two days its taken it on the chin and broke support @ 84.40.

Mark my words they will not stand by and let the dollar fall, the may not raise rates but they will jaw bone and talk tough.

After doing my research tonight looking at various components and market internals, I am not as bullish as I was during the day today.

I am closing my long position, and looking to establish a short in the June contract soon.
 

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Quote from myminitrading:

If the US Dollar keeps selling off, the fed will have to talk tough again. The last two days its taken it on the chin and broke support @ 84.40.

Mark my words they will not stand by and let the dollar fall, the may not raise rates but they will jaw bone and talk tough.

After doing my research tonight looking at various components and market internals, I am not as bullish as I was during the day today.

I am closing my long position, and looking to establish a short in the June contract soon.
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Here is the spread bewteen the current month in he US dollar and the forward month. Currently its inverted, thats bearish.
 

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yet another rally across the board, shanghai was down nearly 10% in a week has now gained back nearly every bit of loss.

Symbol Name Last Trade Change Related Info
^AORD All Ordinaries 5,972.90 11:26PM ET 35.20 (0.59%) Components, Chart, More
^SSEC Shanghai Composite 2,948.20 10:30PM ET 43.10 (1.48%) Chart, More
^HSI Hang Seng 20,535.04 10:26PM ET 325.13 (1.61%) Components, Chart, More
^BSESN BSE 30 14,235.33 11:26PM ET 225.43 (1.61%) Chart, More
^JKSE Jakarta Composite 1,782.85 11:26PM ET 31.87 (1.82%) Components, Chart, More
^KLSE KLSE Composite 1,255.07 11:26PM ET 9.43 (0.76%) Components, Chart, More
^N225 Nikkei 225 17,888.80 11:06PM ET 136.16 (0.77%) Chart, More
^NZ50 NZSE 50 4,192.64 11:00PM ET 11.33 (0.27%) Components, Chart, More
^STI Straits Times 3,233.09 11:26PM ET 50.88 (1.60%) Components, Chart, More
^KS11 Seoul Composite 1,445.48 11:26PM ET 9.38 (0.65%) Components, Chart, More
^TWII Taiwan Weighted 7,809.45 12:46AM ET 72.62 (0.94%) Components
 
Quote from S2007S:

yet another rally across the board, shanghai was down nearly 10% in a week has now gained back nearly every bit of loss.

Symbol Name Last Trade Change Related Info
^AORD All Ordinaries 5,972.90 11:26PM ET 35.20 (0.59%) Components, Chart, More
^SSEC Shanghai Composite 2,948.20 10:30PM ET 43.10 (1.48%) Chart, More
^HSI Hang Seng 20,535.04 10:26PM ET 325.13 (1.61%) Components, Chart, More
^BSESN BSE 30 14,235.33 11:26PM ET 225.43 (1.61%) Chart, More
^JKSE Jakarta Composite 1,782.85 11:26PM ET 31.87 (1.82%) Components, Chart, More
^KLSE KLSE Composite 1,255.07 11:26PM ET 9.43 (0.76%) Components, Chart, More
^N225 Nikkei 225 17,888.80 11:06PM ET 136.16 (0.77%) Chart, More
^NZ50 NZSE 50 4,192.64 11:00PM ET 11.33 (0.27%) Components, Chart, More
^STI Straits Times 3,233.09 11:26PM ET 50.88 (1.60%) Components, Chart, More
^KS11 Seoul Composite 1,445.48 11:26PM ET 9.38 (0.65%) Components, Chart, More
^TWII Taiwan Weighted 7,809.45 12:46AM ET 72.62 (0.94%) Components
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I am getting a feeling that we might be blowing our very first world wide bubble.
 
Quote from austinp:
Thank you for the advice!
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You're welcome, gotta love risk free cash $$$

300funny_money.jpg
 
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