spot check team, page-40

Glad i took friday off, thats one wild intra day chart, euro has continued its stalla pop but gold didnt move infact it fell and closed below 1700 usd, looks like its boom time again and the PM speculation might be unwinding near term.....

Aud pog falls further friday night as aud cranks higer

and china,,,talk about a spike, thats about 10 pc in a fortinght,,,,,hsbc must be happy with their survey of flash pmi........given the index is mainly concerntrated to a few banks, its little wonder things wipsaw so insanley there, i suppose if the world beleived it, all other markets would have followed, i hear on tv channels, china to boom everywhere because its lagged, i need more of a mreason to invest than that, but others havle their own objectives

Sadly for the miners and other business in oz. aud's continued is bad formmargins going forward, its climb is supposed to cushion oil impact but oil is racing atm and going forwardm unless that changes i expect quite,a few,profit warnings

Futures expiry next week, volume low so no doubt some wild swings.....
Many more special divs in usa next week so their market should be capped

Japan elections this week end, priced for unlimited money printing by the market appointed favourite, somthat will be interesting ti see the result.....

Euro rise and rise and rise cant be good for weak in recession block, but advantage usa, not sure but wild swings this week in currencies may have something to do with renewed usd swap lines....

Markets priced for perfection in usa but interestingly the VIXmhas finally moved above 17, any higher and we willmstart to see soM e triple digit swings imo, but market seems to want much higher everywhere , regardless of aud, increasing supply and rising costs, quite amazing to me

Fiscal cliff, can they readjust the next terms taxation rules and spending requirments in four days?, market seems to think so despite companies not beleiveing its possible as reflected the the huge list of Special diivs being paid next week.......

Talking to some friends the this week, not one beleived me that the usa market is approaching its all time high"......

Interesting times, government Self serving intervention everywhere, all concerned about pushing and index number, sadly not much happening for mainstreet

Have a good week end