Matt from Queens

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    • Fri Aug 15th 14:37 PM | Rating: 0 0
      Commented on:
      The Euro's Long Run Is Finally Over
      And in other timely news, the Boston Red Sox have won the 2007 World Series.
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    • Fri Aug 15th 10:41 AM | Rating: 0 0
      Commented on:
      The Euro's Long Run Is Finally Over
      Where was this article when the euro was 1.60? The euro stopped appreciating in April, so I don't even know why they published this.
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    • Wed Aug 13th 11:04 AM | Rating: 0 0
      Commented on:
      U.S. Session Wrap: Meredith Whitney Does It Again
      I think you are missing the point here--the LFB seems to be supplying a lot of economic info and they also made an important point.

      Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.

      Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource.
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    • Tue Aug 12th 08:04 AM | Rating: 0 0
      Commented on:
      S&P Poised to the Upside; Dollar Should Maintain Strengthening Trend
      I like the analysis but I wish i could see the chart.
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    • Tue Jul 15th 20:34 PM | Rating: 0 0
      Commented on:
      Calling Today A Short-Term Bottom for Financials
      What's the big rush to buy now? How about waiting to see if an increase in price is being accompanied by rising volume?
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    • Thu Apr 17th 17:43 PM | Rating: 0 0
      Commented on:
      A new Bullish Divergence
      I'll give you another one to look at. Use a slow stochastic set at 5,3 and use a line chart to show closing prices.

      Price closed at stoch oversold on March 31 and it closed stoch oversold on April 15. Price on April 15 was a higher price then on March 31. That means even though price has gone up at teh second point relative to the first the market still considers the price to be cheap, which is a bullish sign.

      Another way of saying this is that the stochastic has made a double bottom.
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    • Sat Mar 29th 11:17 AM | Rating: 0 0
      Commented on:
      S&P 500 A/D Line in Neutral Territory
      You had a bullish divergence that formed at the bottom of the A/D line between Jan 22 and Mar 10
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    • Sun Mar 9th 12:14 PM | Rating: 0 0
      Commented on:
      Why the Fed's Interventions Aren't Working
      The limited success of the TAF to this point may have something to do with the Fed offsetting whatever funds are auctioned with open market operations-therefore no additional supply of money is being created.

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    • Sat Mar 8th 16:24 PM | Rating: 0 0
      Commented on:
      Financials and Retail: Not as Dire as They Seem
      A Double Stochastic Overbought was indicated on Feb 27 and this market still has a ways to fall.
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    • Sat Mar 8th 16:13 PM | Rating: 0 0
      Commented on:
      Payrolls Report Indicates Recession
      There are a number of factors to take special note of in this month's NFP

      1. The economy has now lost jobs for 2 months in a row and the 3 month moving average of job creation is -14,667/mth, so on a moving average basis we have contraction in job creation over a 1 quarter period (gov't and private sector).

      2. When you factor out gov't job creation, the 3 month moving average of job creation in the private sector is -21,667/mth.

      3. The labor participation rate in the Household survey fell 450,000 and if these job seekers were counted the unemployment rate would have risen to 5.1%.

      4. The number of part time workers swelled by 637,000 from Jan. 07 to Jan. 08. This category includes those who either can't find (but want) full time jobs or who have had their full time hours reduced to part time.

      5. Factoring out government job creation (38,000) in February reveals the private sector lost 101,000 jobs overall in the month.
      View article »
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