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The U.S. nonfarm payroll report was a huge surprise and a complete disconnect from just about everything we saw regarding the U.S. labour market in November. This is not to suggest that the pace of decline in employment is failing to subside, but rather the magnitude of the improvement in the so...

This is a little off the topic, but very important so I'd like to share it here. Attached is a daily chart on UUP (US dollar ETF), we are clearly still in a down trend, noticed the circled lower highs and lower lows? So while I'm playing a quick rebound of dollar and shorting the stock...

I just moved my blog to a new host with improved layout and forum, welcome to drop by and leave comments. http://www.starinocean.com/iceman/welcome

<strong>In summry, we are breaking record on every single foreclosure measure%</strong>

In the latest fiscal foray, the Administration is using taxpayer money to subsidize the homebuilders ? no other sector in the economy receives so much favorable treatment and yet the industry adds so little to productivity growth. As part of the extension of Fiscal Stimulus 1 (they don?t...

Just a couple quick thought on gold, 1. Gold market is as manipulated as the stock market at the current stage. Keep remind yourself these two magic words "Carry Trade". Gold price went up simply because dollar was trashed by the Fed, stop talking about stuff like higher consumer demand for...

Just a quick note to thank everyone's good feedback on my blog. I hope it'd help some people in their trading by sharing my disciplines and strategies which work best for me over the last 20yrs. I will be the first to admit I'm not a good day trader and never intend to be one, I identify short...

<strong>FED CAN'T RAISE RATES UNTIL AFTER 2011</strong> The reason ? there is a wave of mortgage refinancings coming in the housing market for one, and not only that, but in the commercial space, there are 2.7 trillion of debt coming due through 2011 and another 1.5 trillion of leveraged loans...

<strong>Bailout Tracker from CNN</strong> http://money.cnn.com/news/storysupplement/economy/bailouttracker/index.html