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Posts by "carlco"
193
Posts Total by "carlco":
43 Posts by Anonymous "carlco":
My reasoning is that there is no more equity led consumer credit, the whole model is broken, Japan tried exporting its way out of recession, it didn't work. So, raise interest rates America take the defaltion and unemployment hit.
However, good news for traders!, range bound for years, with tighter regulation, (hopefully weeding out the cowboy speculators and institutions) leaves trading the ranges a joy for years to come! ;)
GBPUSD dancing with 165 , could we see this get back up to test 167 this week ? 16026 & 16275 are starting to look like good support levels now.
i think we have seen as much market shock financially, if we end up bouncing along +-1% growth might aswell be in stocks with a dividend right? just my thoughts, it hinges on results this week but Poland and Japan have been a little more upbeat about their economies today.
Do you follow grains and natural gas ?
GBPUSD rally now over, but will this establish a new trading range 162-158 ? the 162 was a good support now it looks like turning into resistance.
Q. oil 'falling' with USD 'strength' is this the alarm bell that all is not right in the world ?
its still suprising how tentative equities are around 877 that the pullback might not be that bad though, Bernanke & BoE have backed off on their intervention,
Q. do you think 'they are saving up their ammo' ? ready for a squirt later in the year if needed?
IF this is true and 877 is the magic number if we draw a new trend line in from march lows to 877 'now' that is a long slow trudge to June tops. opinions as always appreciated (yes including you speculator)