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Denbury Resources Inc. Message Board

  • pddane_01929 pddane_01929 May 19, 2010 8:22 AM Flag

    Early Indications


    There has been all-hell-to-pay in the markets over the last day about the German banning of naked short selling and, indeed, much of this recent fall has been about concerns on the issue of various governmental interferences in finance. The result has been being expressed in dollar terms and the $USD index nearly touched 88 overnight.

    This am we are pulling back from that. So, today's theme should be the same as yesterday's: yes, there are pressures which will continue to cause the flight to safety that we have seen but that flight should end reasonably soon as the levels of all indicators that we have of it are registering profound overbought signals.



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15.66-0.04(-0.25%)Sep 19 4:00 PMEDT

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