Alan Greenspan vs Ben Bernanke, abstract vs transparency. It must be tough filling the shoes of Greenspan for Bernanke as he take over the Fed chairmanship. On Greenspan's reign, the market breathes with every word he makes. And he seems to reveil on it with seemingly incomprehensible terms and sentences.Fast forward to the present, Bernanke promises a transparent policy-making and so far has kept his promise as every interest rate increase or rate cuts are pretty much anticipated without much surprises.
Going forward, it leaves much to be seem how well Bernanke would lead the US economy towards a new year, beating inflation without seriously affecting demand and growth.
STATCP ~ 3 white soldiers bullish, supp 1.04, res 1.18/1.34
SingPost ~ the mailman delivers! supp 1.00, target 1.10
Global Voice ~ bullish price-volume, supp 0.135, res 0.165/.185
Welcome! Have a profitable trading day ahead of you!
Monday, November 20, 2006
Every Move You Make
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