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Yuki,
Nothing is over as long as Gold is under this severe pressure.
Thank you for your comments, it is the best way to start the new day.
Dimitris
--- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> Hi DT,
>
> Tuesday, July 15, 2003, 11:40:22 PM, you wrote:
>
> DT> Yuki,
> DT> see above the first text of predictions series. Unfortunately
time
> DT> does not permit a full presentation, I hope to continue ASAP.
> DT> Until then, take care
> DT> Dimitris
>
> I wonder if you know how much you are appreciated on this list.
^^_^^
>
> Looks like a "sell on the (Intel) news" day in Tokyo. I expected a
> flat opening based on the combination of US pullback and the strong
> Globex, followed by see-saw trading and probably an uptick into the
> close. But we got a fairly good uptick at the open, hit the highs
of
> the day so far in minutes, and sank like a rock. We are off about 1
> percent at the noon hour, with at least three clear morning rally
> attempts failing. The PM session can be a whole new ball game of
> course, but a lot of intraday technical damage was done this
morning,
> and it would take some reversal to get much better than a flat close
> right now.
>
> Rather surprising, since on top of Intel's news (which isn't really
> news of course, but a big sigh of relief), Mr. Greenspan threw a
> (green?) spanner (just punning you all) into the bond market last
> night, and I suspect it is the suddenly widening yield differential
> that has the dollar pounding the yen this morning. Normally that is
> going to give exporters like Sony and Nissan, just to name two of
> them, a bid, but not so far today. If we close this weak today, the
> rally here has probably run out of steam for the summer, I'd say,
> unless the US goes berserk to the upside tonight. Volume here is
> pulling back as one would expect, but futures are driving the
market,
> and the volume there is very big. At the moment, futures here are
> liquidating, and the market does not expect any upside open in the
US
> to hold at all.
>
> Best,
>
> Yuki
>
> mailto:yukitaga@x...
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