Dentalfloss
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gordon wants youre money
Thanks for that...2 factors
1. fall in demand for exports - IT sector gets battered along with negative IBM data
2. disappointing Treasury note auction raised concerns of flagging foreign interest in U.S. government debt
"Our auction didn't go as smoothly as the last one did, so that's basically telling people maybe it's the start of China and Japan not as interested in our bonds as they were." said Dave Rovelli, managing director of U.S. equity trading at Canaccord Adams, in New York.
If China in the future doesn't want U.S. government bonds, "that would be very, very bad for our economy, especially since with Obama's new budget he needs trillions of dollars," Rovelli said.
but the real reason as we all know is TA
TA rocks.............
closed @3924 for 10 points scalp
closed @3924 for 10 points scalp
bw - what broker do you use?
cmc is currently a 4 tick spread and iii/finspreads/city index is 6!
bw - what broker do you use?
cmc is currently a 4 tick spread and iii/finspreads/city index is 6!