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The Traders Thread - Tuesday 28th July (TRAD)     

Greystone - 27 Jul 2009 21:14

Greystone - 27 Jul 2009 21:14 - 2 of 9

Hello traders!

In the US tonight, the Dow rose 15 points to 9,108, the Nasdaq added 2 points at
1,968 and the S&P500 gained 3 points at 982.

Updates in the morning....

G.

Master RSI - 27 Jul 2009 23:01 - 3 of 9

VOG 3.65 / 3.70

Last Friday news has encourage takers of stock today with a rise from this recent lows, the volume has increased and the price has steady around the second placing tranche.
The news were about Hyundai building a power generation station near Doualla were VOG has plenty of gas to run it.

Chart.aspx?Provider=EODIntra&Code=VOG&Si

Kyoto - 28 Jul 2009 06:46 - 4 of 9

Morning all. Market reports:

Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money

The US housing market is showing further tentative green shoots after new house sales rose 11pc in June - the biggest monthly increase in eight years - albeit on the back of a sharp fall in prices.
Green shoots in US housing as sales rise

The financial crisis and the worldwide economic recession have sparked an outbreak of protectionist reforms that some analysts believe could threaten global trade. Now a group of trade economists is fighting back with the launch of a database that provides real-time information on state measures taken during the global downturn that are likely to affect foreign commerce.
Worries grow that downturn will prompt states to pull down shutters on free trade

Chinese regulators on Monday ordered banks to ensure unprecedented volumes of new loans go into the real economy and are not diverted into equity or real estate markets where officials say that asset bubbles are forming
China warns banks on asset bubbles

US regulators will in coming weeks release more detailed information on short-selling activity as they move to further boost transparency of trading. The SEC said on Monday that aggregate short-selling volumes in shares would be published on a daily basis while information about short-sale transactions in all publicly traded shares would be provided with a one-month delay.
US to divulge detail on short-sellers

Market participants have criticised leveraged and inverse ETFs, alongside commodity ETFs, as being too complex for retail investors to understand. In fact, many have said they would prefer to have them billed as structured products. Thats because more often than not as it turns out these instruments fail to perform as expected.
The ETF blowup begins

About 80% of the derivative assets and liabilities carried on the balance sheets of 100 companies reviewed by Fitch were held by five banks: JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley. Those five banks also account for more than 96% of the companies' exposure to credit derivatives.
Five Firms Hold 80% of Derivatives Risk, Fitch Report Finds

Algorithmic trading, by eliminating the human touch, presents an uncomfortably tempting proposition to the retail investor. One area where this is clearly becoming evident is in the loosely regulated spot foreign exchange market. Scores and scores of products claiming to have the ability to make you money while you sleep, with no need for financial knowledge at all, are hitting the marketplace. Dubbed forex robots,of FX-bots, theyre mainly promoted via the internet, Youtube, forums or FX platforms themselves.
Free money! Honest

Kyoto - 28 Jul 2009 06:49 - 5 of 9

NIKKEI 225AUSTRALIA ASX200SHANGHAIHANG SENG
t?s=%5EN225t?s=%5EAXJOt?s=000001.SSt?s=%5EHSI
KOSPIVIXGOLDNYMEX CRUDE
t?s=%5EKS11t?s=%5EVIXgold_1d_o_USD.pngchart.jpg

Kyoto - 28 Jul 2009 08:00 - 6 of 9

ARM Noble: sell, tp 90
BP. NCB: reiterated accumulate, tp reiterated 560
PSON S&P: downgraded to sell from hold
REX UBS: downgraded to neutral from buy, tp cut to 290 from 400
RYA Citigroup: upgraded to buy from hold
WOS UBS: downgraded to neutral from buy, tp cut to 1300 from 1382

Kyoto - 28 Jul 2009 08:00 - 7 of 9

Twitter Updates
more >>

Master RSI - 28 Jul 2009 09:45 - 8 of 9

VOG 3.95p +0.25p

An UP it goes on further good news............

Victoria Oil gets approval for West Med estimate

Victoria Oil & Gas says the Russian Ministry of Natural Resources has approved a resource estimate for its West Medvezhye project of 170 million barrels of oil equivalent.
Chairman Kevin Foo said, 'The West Med project continues to gain momentum.

'We have worked closely with the Russian authorities on our strategy of thorough delineation of the subsurface potential and these results are very satisfying.
'West Med remains one of our brightest prospects and we are planning further subsurface work in the winter.'
------------
170 Million Barrels of Oil Equivalent C3 Resources Approved for West Medvezhye
Project, Russia
* Calculation of C3 recoverable resources of approximately 170 million barrels of
oil equivalent for three structures at West Medvezhye gas and condensate project
in Western Siberia, Russia
* More than 30 potential structures identified and approved by Russian Ministry of
Natural Resources ("MNR")

Master RSI - 28 Jul 2009 16:06 - 9 of 9

COULD HAVE BEEN FUN FOR THE DAY

The FTSE have been on the UP
during the last 11 strait days

On managing to finished UP today
would have been a record 12 times

On being 54 points lower now
no much time for the turn around


Chart.aspx?Provider=EODIntra&Code=ukx&Si
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