Monday, September 27, 2010

Men Wearing Women's Swimwear




The past week has taken a very particular, very weak until Friday, then significant increases at end of session, compelling books. Possible extensions and then new highs for the period. This concerns both the indices strong market for the DAX for the sector with greater force (Personal Chemistry, Auto, Retail and Industrial), and for those most vulnerable (see Ftse Eb). Of note last week, the strengthening of the euro on all major currencies, Dollar, Pound Sterling and Yen. Last week, in fact, was dominated by the announcement of the Fed, which confirms its readiness to conduct a new round of quantitative easing. This has led, predictably, a depreciation of the dollar, a rally in Treasuries and subsequent recovery of the shareholder base and gold. Friday to give support to the upward movement of the indices was also the figure of U.S. leading indicator that has been strengthened more of wingless. Help also came from U.S. Treasury Secretary; Geithner, confident in the economic recovery.

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