DIA Dow Jones 30 (ETF)

[nitramus]

Murddock, no te gusta el stochastics corto para tradear? A mi me da señales bastante confiables para mercados con serruchos profundos. Saludos

[bufontrade]

Beny no te vayas ... te queremos y estamos con vos !

FRANKFURT—European Central Bank President Jean-Claude Trichet offered qualified support for a U.S. plan to rein in the size and activities of large banks, though he stressed such proposals should be coordinated globally.

In an interview with The Wall Street Journal at his office on the 35th floor of ECB headquarters in downtown Frankfurt, Mr. Trichet also urged U.S. lawmakers to confirm Ben Bernanke for another term as Federal Reserve chairman, saying he holds Mr. Bernanke "in very great esteem," an unusual public backing from a central banker who zealously guards his independence from politics.

The bank-reform plans the White House outlined last week "go in the same direction of our own position, namely ensuring that the banking sector focuses on financing the real economy," Mr. Trichet, 67 years old, said in his first public remarks on the proposal. Under U.S. President Barack Obama's plan, limits would be placed on the market share of the largest U.S. financial firms and put restrictions on proprietary trading by banks.

Several European countries including Germany and France have pushed for international consensus on a new regulatory framework for the banking system. The European approach has emphasized forcing banks to increase their capital cushion instead of restricting their business activities.

Though Mr. Trichet said the ECB was "examining [the Obama proposals] with great care," some analysts question whether Germany and France, the euro zone's most influential members, would endorse reforms that could diminish their own universal banks, Deutsche Bank AG and BNP Paribas SA.

Mr. Trichet, who arrives Wednesday for the World Economic Forum in Davos, Switzerland, admonished bankers across the globe to remember their role in generating the biggest financial crisis since the Great Depression, and who got them out of it.

Some at financial institutions see a return to normalcy "and have forgotten that governments put over 25% of GDP of taxpayer risks on the table and that major central banks have engaged in nonconventional measures, which have been absolutely extraordinary," Mr. Trichet said. Banks, he said, need to restore their balance sheets by issuing new shares when possible, setting aside a "significant" portion of profits and fixing compensation practices so the financial sector can "do its job, which is financing appropriately the real economy."

Addressing the most acute problem facing the ECB—the fiscal and economic crisis in Greece—Mr. Trichet said he believed the country's government would make good on its recent promise to quickly rein it its ballooning budget deficit, despite the painful public spending cuts such a course would entail.

"It is what the government has committed to do," Mr. Trichet said when asked whether a country with Greece's massive public-sector spending could really meet its ambitious deficit-reduction targets. "I trust it is not only realistic but also necessary in the present demanding circumstances to take the right decisions to meet the goal."

Greece has said it will shrink its deficit from almost 13% of GDP in 2009 to less than 3% by 2012.

Many investors and economists doubt that ambitious timetable is possible and yield spreads between Greek sovereign debt and safer alternatives such as German government bonds, have skyrocketed.

Greece accounts for only a fraction of the euro-zone economy, but its deep economic turmoil has raised concerns that its troubles could spread to other countries with exploding budget deficits, including Ireland, Spain and Portugal. Germany and other healthier euro-zone members are particularly concerned about the effect the Greek crisis could have on the stability of the euro and have pressured Athens to repair its finances.

In response to the Greek crisis, which has been exacerbated by years of faulty analysis of economic data by Athens, Mr. Trichet called for "all data, facts and figures" to be audited nationally and "when judged necessary" by Europe's official statistics arm. He said he expects the European Commission to take up the issue soon.

He also called for "rigorous" application of budget rules under the euro zone's stability and growth pact that call for deficits to be less than 3% of a country's GDP.

The former Bank of France governor rejected growing worries that governments would seek more influence over monetary policy in the aftermath of the financial crisis.

"I don't trust this is serious," and the need for independence is now greater than ever, he said.

Mr. Trichet offered strong support to Mr. Bernanke, who is battling to secure enough votes to stay on as Fed chairman for another four years amid criticism by some over his handling of the financial crisis. Unlike the Fed, ECB presidents can only serve one term."I do hope and am confident that he will be confirmed by the U.S. Senate," Mr. Trichet said.

Mr. Trichet has generally received high marks for steering Europe through the financial crisis. Though the ECB has drawn fire for increasing interest rates only two months before the 2008 collapse of Lehman Brothers, the bank quickly shifted course, slashing rates to a record-low 1% within a few months. Mr. Trichet also advocated pumping hundreds of billions of euros into banks to stave off their collapse, a largely successful effort which the ECB is slowly withdrawing this year as banks stabilize.

Mr. Trichet, who is due to retire at the end of his eight-year term in October 2011, reflected on 30-plus years at the highest levels of global policy making. Much of his career has been spent battling economic disaster, he said, from Latin America to Africa, Russia, Mexico and Asia. As the head during the 1980s of the Paris Club, a sovereign debt-restructuring body, Mr. Trichet said he dealt with around 55 countries that were essentially bankrupt. The Frenchman's secret for handling such crises: an ability to make rapid decisions and a dose of "sangfroid."

[valiant]

cuanto gano respecto a lo esperado?
siempre fue una lacra el resultado de yahoo

[murddock]

XLF cerca del soporte de 38,2% de Fibo de caída de ésta última pata alcista en 13,80. Un rebote podría dar.

Más abajo 13,23 y 12,65 con varios GAPS muy cerca de esos valores. Las EMA's se pusieron francamente bajistas.

Lo que no me gusta del sistema de medias es que en un TR te da muchas señales falsas. Si te fijas en ese chart que pusiste, en Octubre por ejemplo te da señal de vta. entre 14.75-85. Liego en Nov te da señal de compra casi en el mismo valor quie habias salido. Es decir funciona con Delay. Cuando estas en un TR y la tendencia precedente se revierte tan rapido no te da tiempo a tomar beneficios segun el cruze de EMAS. Solo sirve cuando la reversion es mas duradera en el Tiempo. Entonces la pregunta es: sera esta vez buena la señal u otro amague mas??

[CHIQUI1]

Parece que no gusto el bce de YAHOO , ya no gusta nada - 2% en el after

[Bono]

Ya desde esta zona deberian empezar a rebostar un poco sino esto no lo atajan ni con un mediomundo.

las alegorías de murddock son de salón.

[Poo]

demoras en el tren por un OSO tirado en la via pero pronto sera resuelto

El boleto era ida y vuelta hoy, mañana?

[murddock]

En varios Banks ya se ven 5 ondas muy claras completas, con una 3 super extendida, IDEM XLF con el Low de hoy en 13.99. Ya desde esta zona deberian empezar a rebostar un poco sino esto no lo atajan ni con un mediomundo.

Che Nitramus, esta 0.30% el SPX, positivo el Dow y -0.20% el NDQ. Tan grave es?? Que vas a decir entonces cuanod el Dow caiga 7% en un dia??

[nitramus]

Referi, la hora!!!!

[nitramus]

Ah....digo con qué tranquilidad la esta tomando el mercado semejante noticia??? jaja Me parecia raro, con razon.

Es mi opinion no hay fuente.

[PAC]

demoras en el tren por un OSO tirado en la via pero pronto sera resuelto

[mendigo]

[quote="nitramus"]Fuente, please?
Gracias

Es mi opinion no hay fuente.

[nitramus]

Fuente, please?
Gracias

Lo rajan a bernanke.