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Posts by "qiman"

248 Posts Total by "qiman":
228 Posts by member
Qiman
(United States)
20 Posts by Anonymous "qiman":
Qiman
United States
Posts: 237
14 years ago
May 10, 2010 0:38
In Thread: EUR
Britain said on Sunday that it will refuse to underwrite a European Union bailout fund worth some 60 billion euros that finance ministers want to agree at emergency talks in Brussels.

"We wouldn't participate in a European bailout fund," a British diplomat told AFP of moves for all 27 EU member states to guarantee borrowings destined to bailout troubled economies in the crisis-hit 16-nation eurozone.
http://www.google.com/hostednews/afp/article/ALeqM5iv8bxssdRfLb54PyKfnISxuhQoNw
Qiman
United States
Posts: 237
14 years ago
May 10, 2010 0:33

Feds probing JPMorgan trades in silver pit


Federal agents have launched parallel criminal and civil probes of JPMorgan Chase and its trading activity in the precious metals market, The Post has learned.

Read more:http://www.nypost.com/p/news/business/feds_probing_jpmorgan_trades_in_gZzMvWBqOJpB55M7Rh9vwM#ixzz0nThvT6Q6


Qiman
United States
Posts: 237
14 years ago
Apr 17, 2010 19:59
A lawsuit over the fudging of the true level of Greek debt would indeed be interesting, and wouldn't shock me. Here is another article regarding how European banks were hurt by Goldman and the possible ramifications of the latest developments:
http://blogs.reuters.com/columns/2010/04/16/europeans-wont-be-amused-by-alleged-goldman-scam/
Qiman
United States
Posts: 237
14 years ago
Apr 17, 2010 17:58
I guess this is the best sub-category into which to post this Goldman story, could add some more heat to their situation:

"Lehman Brothers Holdings Inc. may have grounds to sue Goldman Sachs Group Inc. and Barclays Plc after they obtained assets from CME Group Inc. for less than half their value, bankruptcy examiner Anton Valukas said..."


The examiner concludes that an argument can be made that the transfers at issue were fraudulent, Mr. Valukas said in the report. Under bankruptcy law, the auction may be able to be undone, he said."
http://www.crainsnewyork.com/article/20100414/FREE/100419939/1072
Qiman
United States
Posts: 237
14 years ago
Mar 26, 2010 14:28
Some of you may find this article on Sports Psychology and Choking very pertinent to your trading and getting into the Zone. Most traders have had days where they rather effortlessly flow with the market's energy, and profits come more easily than usual. When this has happened to me, the mindset reminds me of my best moments playing sports, and I think that great traders have a lot in common with great athletes in terms of psychology, minimizing excessive thought, and letting experience take over:
http://www.guardian.co.uk/sport/2009/jul/26/sports-psychology-choking
Qiman
United States
Posts: 237
14 years ago
Mar 26, 2010 14:00
Here is an article regarding new allegations of JP Morgan manipulating silver. Yes, we have heard such stories before, but this one appears to have some new info from an insider:
http://www.zerohedge.com/article/whistleblower-exposes-jp-morgans-silver-manipulation-scheme
Qiman
United States
Posts: 237
14 years ago
Mar 25, 2010 12:29
In Thread: CHF

Does the Swiss National Bank fear currency manipulator label?

"The Swiss National Bank is apparently a no-show in currency markets so far Wednesday, uncharacteristically staying its intervention hand even as the Swiss franc soared to a record high against the euro. Could the SNBs wariness have anything to do with the semi-annual report by the Treasury Departments April 15 report on global currency markets and concerns it could get slapped with a currency manipulator label? Maybe, says Sue Trinh, senior currency strategist at Royal Bank of Canada in Hong Kong. "
http://blogs.marketwatch.com/marketjunkie/2010/03/24/does-the-swiss-national-bank-fear-currency-manipulator-label/
Qiman
United States
Posts: 237
14 years ago
Mar 25, 2010 0:38
In Thread: USD
Very important article on spreads on CDS for US:

"As the folks at Standard Poor's Valuation and Risk Strategies division noted in a research note Monday, the difference between the spread on U.S. sovereign credit default swaps and an equivalent benchmark for AAA-rated euro-zone sovereigns flipped into positive territory March 12. As U.S. CDS spreads expanded to their widest levels in two years, that cross-region gap blew out to 5.7 basis points last Friday before narrowing to 4.7 Tuesday."
http://online.wsj.com/article_email/SB10001424052748703312504575142112712294450-lMyQjAxMTAwMDIwNDEyNDQyWj.html
Qiman
United States
Posts: 237
14 years ago
Mar 24, 2010 21:13
In Thread: EUR
Interesting view from John Taylor of FXConcepts LLC, the world's largest currency hedge fund, sees the euro dropping to $1.20 by August, and believes parity is possible:


http://www.zerohedge.com/article/john-taylor-worlds-largest-currency-hedge-fund-sees-euro-dropping-120-august
Qiman
New Mexico , United States
Posted Anonymously
14 years ago
Mar 18, 2010 14:37
Regarding the comment that this technique is "sooo old":

"From the information released by UTA, we don't know precisely what innovation the scientists stumbled upon. The Austin TV reporter quoted Prof. Dennis as saying: "I had the idea for this while I was walking to my car. I ran back to the lab and I started drawing it out in my notebook."

As the scientists describe it, though, the technology uses "micro-fluidic reactors" that convert coal to synthetic crude at a fraction of the cost incurred with traditional conversion methods - and in a fraction of the time."

BTW, one of my best friends since childhood is a highly experienced petroleum engineer for the EPA in the Houston area--he disagrees with those who are immediately writing this off. And history is full of eureka moments that radically improve technology. Time will tell, as with all purported technological breakthroughs . . .