Tuesday, July 28, 2009

Eco-cal and comment

EventsActualConsensusPreviousRevised
--EURGerman CPI M/M Jul P0.20%0.40%
--EURGerman CPI Y/Y Jul P-0.20%0.10%
23:50JPYRetail Trade Y/Y Jun-2.50%-2.80%
03:00NZDNBNZ Business Confidence Jul--5.5
08:30GBPMortgage Approvals Jun47.0K43.4K
08:30GBPM4 Money Supply M/M Jun F---0.20%
08:30GBPM4 Money Supply Y/Y Jun F--14.20%
12:30USDDurable Goods Orders Jun-0.50%1.80%
12:30USDDurables Ex Transportation Jun0.10%1.10%
18:00USDFed's Beige Book----
21:00NZDRBNZ Interest Rate Decision2.50%2

I gave some good advice this morning and yesterday I told you those steel earnings were gonna be a rough pill and it went down three bucks from the overzealous goldman sachs trap reco this morning you don't lose 3.45 BILLION and go up that day it does not occur often.
Also I came out around 6 am with a direct email buy in at 66.5 two cents off the low
We have are hanging in the base of the buy channel and if inventories come fat
with the regulation overhang w could breach so day trade tonight but you would be foolish to have a position coming into that news react don't guess if you miss a half so what lets be right




Click donate below for a one hour phone consultation
and drop an email chrgr06@yahoo.com to schedule