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USD: BERNANKE PREPS MARKET FOR POLICY CHANGE

We have been hearing a pretty consistent message from Federal Reserve officials which is that they are warming to the idea of an inflation or unemployment target.  With the unemployment rate remaining at a “painfully high” level, the Fed is “focusing intently on supporting job growth” according to Bernanke. He then went on to say that the central bank has the latitude to set an inflation target, a notion that seems to be gaining support within the central bank by the day. Everyone agrees that the U.S. will not escape the turmoil in Europe and the volatility that it creates in the financial markets only adds further strain to the U.S. economy. At this point, there is an extremely good chance that the central bank will introduce an inflation and/or unemployment target in the coming month.

 

http://www.fx360.com/commentary/kathy/6501/usd-bernanke-preps-market-for-policy-change.aspx

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Plunge Protection Team

I am simply saying that the Fed’s ongoing injection of liquidity (whether you agree with it or not) is an intangible that you should consider when trading…and a force that should not be argued with. It’s no coincidence that since Operation “Twist” (a.k.a. QE3) began on October 4, 2011, the market has gone straight up with little pause. As the saying goes: Don’t fight the Fed!

 

http://joefahmy.com/2011/10/25/plunge-protection-team/

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I am long ftse 100

 re-entering long ftse from here 

4958 upto 4930 if need be 

avg = 4945 region 

stop loss = 4850 

tgt = 5050 , 5100

 

2

http://wallstreet1928.ning.com

 

Any opinions, news, research, analyses, prices, or other information

contained within this email is provided as general market commentary

and does not constitute investment advice or recommendation by me and

is not intended to be relied upon by users in making (or refraining

from making) any investment decisions.

 

The value of investments can go down as well as up. The past is not necessarily a guide to future performance. Investing in equities can lose you part or all of your capital although the potential returns are theoretically unlimited.

 

I will not accept liability for any loss or damage, including without

limitation to, any loss of profit, which may arise directly or

indirectly from use of or reliance on such information.

 

Appropriate independent advice should be obtained before making any

such decision. Any arrangement made between you and any third party

named in the site is at your sole risk and responsibility.

 

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I am long nasdaq from 2070 and FTSE from 4966

long nasdaq upto  2050 

 

avg = 2060 

 

stop loss = 2000

 

tgt = 2120 , 2150 

 

 

long ftse upto  4926 

 

avg = 4946 

 

stop loss = 4846 

 

tgt = 5046 , 5100, 5150  

 

 

http://wallstreet1928.ning.com

 

Any opinions, news, research, analyses, prices, or other information

contained within this email is provided as general market commentary

and does not constitute investment advice or recommendation by me and

is not intended to be relied upon by users in making (or refraining

from making) any investment decisions.

 

The value of investments can go down as well as up. The past is not necessarily a guide to future performance. Investing in equities can lose you part or all of your capital although the potential returns are theoretically unlimited.

 

I will not accept liability for any loss or damage, including without

limitation to, any loss of profit, which may arise directly or

indirectly from use of or reliance on such information.

 

Appropriate independent advice should be obtained before making any

such decision. Any arrangement made between you and any third party

named in the site is at your sole risk and responsibility.


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