Forum

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
Aug 30, 2009 2:32
barclays capital need to fire their analysts they talk a load of rubbish. oil will CERTAINLY not reach 300 as we will have new substitutes for cars which will slowly replace demand for car fuel. in ten years i cant see it more than 100ish.

telephones on the street got replaced and so will petrol cars.
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 20:31
rpats good luck. hopefully you will close without loss.
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 15:25
sterling's days are numbered. i can easily see near parity with euro this year. looking at the boe's minutes says it all. Mr king wants to devalue big time and will by way of fiat pumping and possibly zero or negative interest rates.

this will give a lifeline for Uk property market of course. HSBC is to launch new lower fixed rates from september which will continue to prop up house prices thank to mr king.
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:57
qin who said i am trading now? its a position to get in to when they reopen. i told you i dont even trade, so just watch the market and dont take my advice. you may as well go on holiday as you may be tempted to lose again by shorting the dollar again so best stay out this season!

if you have a look at your record you were wrong last year and right this year so you are hardly someone to listen to. currency forecasting is a 50% chance anyway.

watch the dollar rally hard when fed ends QE and that point stocks will plummet!
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:51
qin you have lost yourself a lot in the past so what makes you think you wont again? it will come when the market reverses by surprise and you will be on the wrong position for a while and lose anything you made this year. the market will not warn you in advance. keep shorting the dollar going forward!
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:49
GBPEuro go short 1.14 target 1.12
GBPUSD go short 1.6260 1.62
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:45
strategists dont trade would you not take their advice? I am not one of them tho.

anyway, this stock market correction will NOT come this september but will come later.

We are due for a currency crisis again and it could be sterling certainly not dollar.
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:41
dont long oil at these levels for an extended period of time. Dollar remains in ultra bearish mode (dollar bottom base built) which could lead to an unexpected reversal in positions as scope for more bearishness is very limited.

However, for stocks i doubt we will get a correction in september as most people are expecting it. In an efficient market this has probably already been priced in. Friday saw some profit taking thats all.

So i think september could be range bound with no sharp corrections. But the dollar index is highly possible to edge up and oil to fall
speculator
Posted Anonymously
15 years ago
Aug 29, 2009 13:31
qin, you need to keep revising your targets and not being so stubborn hence you made losses in 2008 or whatever. having the policy of being short usd is not so wise.

now, change of subject but i think one area to jump in to for investment is Property Funds UK . Better still to buy one offshore denominated in USD. Because i think the dollar will rise against sterling over the next 6 months minimum and property will rise in the funds based on speculation. So a perfect hedge even if dollar does go down, property is going up.
speculator
Posted Anonymously
15 years ago
Aug 28, 2009 22:08
also i will have to add that unlike fx, the banks seem to have a pretty similar range of guesses for equity indices so best listen to them as they really move this market well. many of them predicted year end of s&p500 between 900 -1100 back in q1/q2. banks will tend to encourage risk taking as it provides huge profits from their clients for the bank.

so my best best is follow bank equity index forecasts but with fx it is pot luck. i do believe that there is some kind of manipulation in the us stock market by the banks anyway as the number of sessions stocks indices turned + from - within a matter of moments from close in unbelievable