Posts by "speculator"

houram, they printed an insiginificant amount of money compared to actual falls of global wealth. Besides, compare what the fed have printed against bank of england and it is relatively small based on amount of dollars in circulation. Secondly, mark faber believes the dollar will rise over the next few months.

the rally we have had in risk based investments is partly a reaction to money printing which was not largely expected. once this monetization runs out there will be far less worries of siginificant inflation for a very long time and less speculative position for inflation.

having said that, if fed DO decide to extent QE then I will have to revisit my forecast.

fair enough but at that point it also reached 1.415 after i posted but i never said anything.

but we will see who is laughing when the dollar index rises quite nicely to year end. remember not many are so bullish on the dollar and even if they are they expect a small shortlived bounce

redstone good idea! but i am worried i may get eggs thrown at me by ashraf :-)

ashraf agreed 80% remark. concensus is not always right and I dont fall in to that category.

what do you have to say about the ultra bearish stance of traders in regards to the dollar? apparently, such bearishness has happend only a few times in history and normally follows a contrarian reversal. does that not signal anything?

asad,
we dont trade in a perfect world. the market is full of issues and uncertainties. economists are good at predicting shocks more so than financiers.

so all my point was to garbabe stock bears predicting 20%+ pullback for no apparent reasons. not to see we wont get that but it will come under a shock condition if it is going to be a sharp move - this we cannot predict.