Fri, Nov 14 2008, 16:23 GMT
by Anthony Samaha
A. (14 November US) Latest Impact: G20 might be Depressed!
There is so much uncertainty in the equity market while heading towards the weekend as all eyes are on cautions stand ahead of this weekend’s summit of leaders from 20 major economies in Washington, where they will discuss how to tackle the global financial crisis.
I won’t expect much from G20 summit even if the world relies on it. I wish I had another opinion towards that summit; unfortunately pumping billions of dollars to an already dead-system is not working and the $700bn already sent as a rescued package can’t save more than 10-15entities in the US alone.
Any positive accomplishment might only buy time till Mr. Bush is out of the White House and afterwards, what they used to call ‘subprime’ crisis will continue. They are not referring to the crisis anymore as ‘subprime,’ aren’t they? Of course, because they hid the real initiatives of the financial conspiracy plan long time ago and cover it by the wordings ‘subprime.’
When I referred to the unreality of the ‘Subprime’ real existence and wrote about a disintegration of the globalized system in 2007, summer time, my fellows make the hell fun of me. Now the tap on the back is non-stoppable! I will find that article and analyze it next time.
Have a nice weekend!
Detailed Signals Statements for the “$5M” account have been released for a 2nd consecutive week; check the ‘$5M Statement’ link on our main page and find ForexSurvivor all necessary charts that compel the FX business to profit ahead of year end and within the most difficult environment. The crisis is behind us and we are looking brightly to the future!
B. Signal
Limit Order Valid till XX November
C. Mission Accomplished:
n/a
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on Fri, Nov 14 2008, 16:25 GMT
ForexSurvivor
| 1860 Rue Robinson, BLDG 108 Laval, PQ H7T 1L6, Canada
http://www.forexsurvivor.com | support@forexsurvivor.com
Daily FX Market Commentary - Bond yields and equities are down. FX markets stable by Danske Bank A/S
Fri, Nov 13 2009, 13:51 GMT
Forex Technical Report - Tumbling Dollar Sends Equities Markets Sharply Higher by ForexHound.com
Tue, Nov 10 2009, 06:22 GMT
Forex Technical Report - Dollar Index Reaches 15 Month Low on Massive Selling Pressure by ForexHound.com
Tue, Nov 10 2009, 06:21 GMT
Currency Trading News - US Dollar, Japanese Yen Down as G20 Revives Hopes for Global Recovery by DailyFX
Tue, Nov 10 2009, 05:36 GMT
Forex Technical Report - Increased Demand for Higher Yielding Assets Fuels Stock Market Rally by ForexHound.com
Mon, Nov 9 2009, 18:33 GMT
Forex: EUR/USD nudges past 1.5000 but settles to 1.4992
FXstreet.com | Tue, Nov 10 2009, 00:40 GMT
CURRENCIES: Dollar Falls To 15-month Low After G20 Meeting
Dow Jones | Mon, Nov 9 2009, 20:43 GMT
CURRENCIES: Dollar Falls To 15-month Low After G20 Meeting
Dow Jones | Mon, Nov 9 2009, 18:34 GMT
CURRENCIES: Dollar Falls To 15-month Low After G20 Meeting
Dow Jones | Mon, Nov 9 2009, 15:52 GMT
CURRENCIES: Dollar Weakens In Wake Of G20 Meeting
Dow Jones | Mon, Nov 9 2009, 15:19 GMT
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program