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Posts by "rob"

366 Posts Total by "rob":
333 Posts by member
Rob
(New York, United States)
33 Posts by Anonymous "rob":
Rob
New York, United States
Posts: 305
15 years ago
May 22, 2009 22:24
Ugh, I here you loud and clear on that Ashraf - any general forecasts on the US economy would be appreciated. You mentioned an "L"-shaped recovery in one of your interviews today, if I'm not mistaken. Do you project a "lost decade" type scenario and near depression in the US ahead? Thanks.
Rob
New York, United States
Posts: 305
15 years ago
May 22, 2009 14:09
Just read your last IMT - if those levels pan out - EUR/JPY and GBP/JPY will follow higher, yes? Sticking with the hot-chart? By the way, I enjoyed your interview on CNBC, I like the crime scene analogy.
Rob
New York, United States
Posts: 305
15 years ago
May 22, 2009 13:54
How many times can GBP/JPY knock on the 150.00 door before it finally opens? Do you see renewed Yen weakness even if equities fall? Has that game changed as well? I guess you'll be spending the summer writing a new book! Ha
Rob
New York, United States
Posts: 305
15 years ago
May 21, 2009 17:09
Hey Ashraf,
I haven't watched the markets much this morning - but is there any good reason for Yen to be losing ground while equities are doing the same - it doesn't look like the typical risk aversion plays are going the way they usually do with falling stocks - any thoughts are appreciated
Rob
New York, United States
Posts: 305
15 years ago
May 21, 2009 0:58
Regarding your IMT about the 1USD/3USD - WHY would the government do that? Who OWNS the Fed, where does the extra money go to???
Rob
New York, United States
Posts: 305
15 years ago
May 20, 2009 14:05
I think the saying for this year might be - "sell before Memorial Day, and go away"
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 18:10
Gold at $16,000 - and the time-frame you're giving is a year or two? I don't think central banks and govt's around the world will allow that to happen, because of how it will make their (fiat) currencies look. Still seems fixed in some way to me. But hey, $16,000 gold is fine with me.
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 15:30
Went short GBP/JPY this time, perhaps a tad too early - however, have you looked at the 4-hour or daily chart - seems as if 150.00 couldn't be breached 3x already and is a very strong resistance, would you agree?
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 15:16
I've been selling both EUR/JPY and GBP/JPY on downward moves in stocks - do you prefer EUR/JPY over GBP/JPY because the EUR is the weaker currency? It seems to me that GBP/JPY loses more (and gains more) depending on the direction of the day?
Rob
New York, United States
Posts: 305
15 years ago
May 19, 2009 14:27
Question/Comment for anyone who wants to respond -
Shouldn't a drop in housing starts actually be GOOD for the US economy? The housing bubble and glut of excess inventories seems to be the major problem, or at least the major consumer driven problem. And with less houses constructed, the supply goes down, which is just what we want for a recovery. In my view, the last thing the US needs is growth in the number of new houses, right now.