Forum Posts by : daveo (Forum Member)

DaveO

UK

Posted Anonymously

13 years ago

May 30, 2011 2:08

In Thread: EUR

The EU common currency idea has been completely responsible for making the piigs countries lazy and greedy, living way beyond their true income. It was all soooo predictable.

DaveO

UK

Posted Anonymously

13 years ago

May 30, 2011 1:35

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

Here is why I say the scientists are capable of saving the day with our planet, and in more ways than the one illustrated here. Doubtless the benefits will be offset by continued govnmt and financial sector corruption but there is a solution coming along to that problem as well.

In spite of all the doom and gloom over recent years we do have reason for optimism over the next 20 to 30 yr period. Scientists must be given free reign, their handcuffs released for the scientific revolution already underway.
http://www.arpllp.com/core_files/The_Absolute_Return_Letter_0511.pdf

This is only a small example of what could lie ahead given the will of the people over the ruling elite and current regime of banksters. I do believe that something good will come out of the www social networking, perhaps not in my lifetime but for my children and their children----THE TAXPAYERS.

DaveO

UK

Posted Anonymously

13 years ago

May 26, 2011 0:40

In Thread: EUR

Hi Subs, I agree your upside level at 4175ish. Also have key level at 4220 to take out for further advances. Agree below 4012 for downside :-)

DaveO

UK

Posted Anonymously

13 years ago

May 25, 2011 18:57

In Thread: EUR

I knew Frank Williams of the Williams F1 team back when his wages cheques bounced at the bank every week. trying to build a race team on fresh air before big sponsors came on the scene.

DaveO

UK

Posted Anonymously

13 years ago

May 25, 2011 14:01

In Thread: GBP

UK/US Special Relationship well in tact and now to be named Essential Relationship.

Obama's current visit to UK going extremely well. He had the royal treatment yesterday after his visit to Ireland to witness old family roots and pep talk the people there. Today is biz where he joined the cabinet mtng at Downing Street. David Cameron and Obama very easy body language together, even flipping hamburgers together to feed the party in no 10 Downing Street garden. Most the talks are about foreign policy and I guess economic issues will also be addressed.

Obama is still held in high esteem generally amongst the brit population, middle england. That's not to say that middle england have much other than fresh air between their ears but the importance of the us/uk relationship is paramount imho. Obama gets the red carpet treatment where ere he go.

The comparisson between that old fart Gordon Brown and David Cameron is quite stunning and its good to no longer feel totally embarassed at all appearances Brown made on the international stage. Not only that but I fancy Samcam big time :-)

DaveO

UK

Posted Anonymously

13 years ago

May 25, 2011 12:41

In Thread: EUR

Whereas looking at the GU which is mostly quite closely correlated to EU the pattern down from the April high could very easily be labelled corrective with 100% ABC symmetry at 1.6041. Price made 1.6056 yesterday, knats whisker jobby. Again the GU move down (which started a few days before the EU) is not a nice pattern but it does have the potential symmetry projections. Further downside would likely go to the 127.2% extension @ 1.5912. Current price 1.6235.

I have a feeling that the correlation between GU and EU has changed, bit early to be sure.

I noted coupla days ago the possibility of gbpjpy daily chart corrective down move completing at 130.26 as against the 100% sym target at 130.01. Current price 133.10 and testing 100DMA for the 7th time. 55DMA just above at c 133.60. Above these MA's might be worth considering longs. Further downside would likely target 129.11 area.

DaveO

UK

Posted Anonymously

13 years ago

May 25, 2011 12:12

In Thread: EUR

well skipper, I got my EU dancin shoes on. It failed to take out that signif 4130 cluster area of resistance for the potential ABC corrective north from the 3968 low. I mentioned your one hr stoch because it reflected the weakness of the C leg up by showing divergence ( sickness). I waited for some confirmation to short. The move down is a clear 5 waves on a 15 min chart with wave 5 = wave 1 at 4016 which where I exited. Now we could be in a corrective up before next drive down. Below 4012 for shorts or above 4132 for longs. current price 4074.

My main problem with EU is the pattern from 4938 high to 3968 low is not readable with any moderate degree of certainty. Hence the "dancin shoes" !

DaveO

UK

Posted Anonymously

13 years ago

May 25, 2011 10:53

In Thread: USD

My same thoughts would apply whether the conspirator be Fed or Sarkosy. I do wonder however how DSK could be so incredibly dumb as to expose himself to that kinda risk. The man is obviously an experienced womaniser and would know all about american attitude to attempted rape and the consequences. All eyes will be on the trial !

DaveO

UK

Posted Anonymously

13 years ago

May 24, 2011 16:51

In Thread: EUR

Subz, you and skipps are the rocks here, or should I say nuggets of gold. Guys like chloe also make a big contribution for any novice peeps we dont see. Catnip great on fundie comments imho. Might have left one or two out as the backbone of this unfortunate forum.

DaveO

UK

Posted Anonymously

13 years ago

May 24, 2011 15:11

In Thread: EUR

You have a lot of work to get through to get up to speed with this stuff. If you want to chase every blip in the markets you will find it difficult to get on top of the studies/software issues etc etc. You will need to force yourself to prioritise and that will mean standing aside trading at times in the interests of furthering the study program.

Posts by "daveo"