Intraday Market Thoughts

Archived IMT (2010.01.29)

by Ashraf Laidi
Jan 29, 2010 19:46

DOUBLE WARNING & IF THEN SCENARIOS: Subscribers of these IMTs and followers of alaidi on twitter were warned about not only a possible GDP explosion that was a full percentage point above consensus, but also about the INTERMARKET IMPLICATIONS of such a move. As US GDP blew up expectations (5.7% instead of 4.5%), USD immediately rallied along with stocks and commodities, only for the USD to maintain its strength while gold, oil and stocks all headed lower. This is exactly what we warned about (60 mins before the GDP release) referring to the same scenario we saw on Dec 4th when those strong jobs figures were released. On Thursday, we broke the S&P headline on UK rating on twitter 5 seconds after it broke on newswires and gave you the $1.6070 target. AUDJPY, GBPUSD and EURUSD are some of the many fundamental & technical calls we offered with no vested interest or fees. Do you know of another FREE service that warns, predicts & ties in the various markets as is done on this website? Those who havent yet followed us on, we have no idea why you haven't done so. You are missing real-time insights & analysis that no one provides with the same depth and intensity. The nomination round in the Shorty Awards is now over. We will inform you of the next step next week. THANKS AS ALWAYS


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