Intraday Market Thoughts
Archived IMT (2009.10.27)
by
Oct 27, 2009 16:34
Latest Chart on EURJPY vs. SP500. http://chart.ly/9cafcx
Ashraf's Latest VIDEO ANALYSIS on FX, STOCKS, OIL
Dow is up but S&P500 and NASDAQ are down mainly due to IBM's announcement of its intention to repurchase $5 billion worth of stock. Stock buybacks have proven positive for equities in the latter stage of the last bull market. USDX faces 4-mth trend line resistance at 77.77.
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