Posts by "pippedoff"

In the fairness of full disclosure, I will admit I just loaded up long on Aussie 15 minutes ago at 0.8948, and just dumped for a nice short-term profit bounce. I don't hold items long for long which are in a down-trend. I am glad to leave LOTS of money on the table on a short-covering mindless rally.

I'll make a lot on the way back down, which is where we are heading within 36-hours on trash euro and gbp, overpriced aussie and kiwi and gold.

I am hoping, make that praying, that the RBA comes out yet again and either talks up their overpriced currency nor directly intervenes to prop their currency up.

SNB inetervened on CHF again by selling CHF earlier today, making that the 5th time in five weeks. Hoiw come no one wants a strong currency EXCEPT the country which routinely exceeds its intentionally low-balled economic estimates in the sake of propping their currency higher (Australia)?

I forgot who the WEATHERMAN ANALYST (actually a woman) was who pounded the table during Aussie's "comeback last week on AUDJPY, screaming it was over for the yen as the Japanese demographics were just a bunch of old-geezers putting money in a bank to receive 0.0000000005% on their savings.

I recall her mentioning up to 90 for that pair. We sit at 80.80 currently.

Someone did post it in one of the forums last week after I had seen it.

@said, you sound as if you are in a panic. I have always known you to be supremly confident on your prognasticating.

I don't need a WEATHERMAN to tell me which way the wind is blowing...Bob Dylan, circal mid 1960s

@Pipster-as Ashraf terms the EURUSD pair the "anti-dollar", I have coined those analysts who do nothing more than tell us which way the wind is blowing (which way a currency pair is moving and give us more targets in that direction) the WEATHERMEN ANALYSTS. I ripped it off from an old Bob Dylan song, but it is SO appropriate here. WEstpac are great examples of Weathermen AnLYSTS.

Now ASHRAF IS THE ANTI-WEATHERMAN ANALYST, PROGNOSTICATING beforehand THE INTERMARKET DYNAMICS of FX and economic release relationships.

ashraf is simply and absolutely THE BEST.

He's calling for 1020 on GOLd in 2 weeks. a balsy call. Yet you see WeATHERMEN like XARON calling for 1150 simply and only because the recent price movement of gold has been up.