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Posts by "speculator"

804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
speculator
Posted Anonymously
15 years ago
Nov 16, 2009 8:06
dollar index currently broken below 75 and if closes below this level the dollar could suffer further pressure.
speculator
Posted Anonymously
15 years ago
Nov 14, 2009 17:06
ashraf, UBS research shows that equities have not shot up due to the dollar being used as a cheap carry. would you agree? I think not.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aM3zjGUTVe4E
speculator
Posted Anonymously
15 years ago
Nov 12, 2009 20:10
its interesting that bloomberg believes sterling bearishness remains at an extreme high since march levels and speculators are net short of cable. This COULD pave the way for a huge rally in cable on a contrarian basis. However this will be negated should equities pull back over the next few months.

I would still look at the dollar index for a view on sterling. Should we convincingly break below 75 I would go long cable, if not I would stay sidelined, possibly short with tight stops.
speculator
Posted Anonymously
15 years ago
Nov 12, 2009 19:01
off the subject...but amazing how YET AGAIN a solid breach below 75 on dollar index was declined this is a major support for the dollar.
speculator
Posted Anonymously
15 years ago
Nov 11, 2009 19:45
citigroups judgement was good in closing its long cable a few days ago.

Again, its amazing that 75 on dollar index STILL remains unable to be clearly broken. We are back above 75 but just about.
speculator
Posted Anonymously
15 years ago
Nov 11, 2009 16:02
The USD index has broken below 75 today which could imply further weakness for the index unless we close above this today. I see this as key support for the dollar.
speculator
Posted Anonymously
15 years ago
Nov 11, 2009 15:50
ashraf excellent call on cable today!
speculator
Posted Anonymously
15 years ago
Nov 11, 2009 14:36
i agree with ashraf on cable as BoE set a rather risky outcome for QE and confirmed low rate approach.
speculator
Posted Anonymously
15 years ago
Nov 10, 2009 18:41
ashraf i know you dont like answering this question, but what are the chances that we are in a bear market rally in european/us stocks and that we can expect retest if march lows in 2010/2011
speculator
Posted Anonymously
15 years ago
Nov 10, 2009 16:12
there is a small chance of 1.70. i rather be on the side or short