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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
Sep 1, 2009 9:27
asad well done on your call for ftse how did you work that one out?
speculator
Posted Anonymously
15 years ago
Aug 31, 2009 21:15
i would trade oil as u can also make big money very easily and lose of course. but i would just focus on oil and nothing else unless a simple hedge like usdcad. i would use tight risk management and have intra day open positions.
speculator
Posted Anonymously
15 years ago
Aug 31, 2009 20:13
odd day today probably due to holidays. dollar was up nicely then gave up a lot of its gains. was it just because of the PMI data???
speculator
Posted Anonymously
15 years ago
Aug 31, 2009 12:37
yes asian markets sell off has caused major buy of yen safety and asraf's gbpyen target is almost half met.
speculator
Posted Anonymously
15 years ago
Aug 31, 2009 12:35
asad forget what is available now think about what will happen in technology. the petrol engine is long overdue a suitable replacement and will come sooner tha you think. the higher oil price goes the more incentive to make alternative engines.

bentley is bringing its first electric car out after 2010. with all the problems of pollution, combustion engines in cars will start to be replaced slowly over the next 10 - 20 years.
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 18:40
ashraf 1.50 for cable is a doable target but it wont be that easy to get there. It will largely depend on eurogbp and i think if euro keeps rising against sterling so will the dollar.

investments funds have had to invest in risk due to high levels of retail fund inflows by bank clients and investment funds (since march lows) which helped boosted pound, euro etc due to international asset allocation. Once we hit the true equity highs for the year, these overbought currencies will revert back to fair value which is 1.50 for cable at the most.
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 18:33
qin i do not work for cmc or a trading company! I am a financial planner at a bank!
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 18:30
asad, petrol cars are probably take a great bulk of oil needs in the world.

we have sat nav on phones and on the way to phasing out petrol cars in the next decade or two. I'm sorry but it will happen far sooner than you think. Plus the more expensive oil becomes the more profitable to have a replacement for consumers.
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 11:40
the point is ashraf and a few of us feel we will have dollar strength for now so play with that! the dollar is oversold against a few currencies. secondly, as we COME OUT of recession, risk aversion may not be the deciding factor for currency movements rather will be monetary policy and growth. this is because there is a lot of cash on sidelines which will need to be internationally asset allocated and capital will move to the area where most growth can be expected. therefore if emerging markets start having issues, this can hugely benefit dollar.
speculator
Posted Anonymously
15 years ago
Aug 30, 2009 2:36
we will probably finish off the year with USD index at 90 once the fed ceases QE and comes out of recession. The market will have no real to reason to rally and stocks will also fall sharply along with oil.