Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View Analytic
This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
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PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 18:21
Think about it? What better way for Goldman to pay those mind-boggling bonus' than to front-run equities, bonds, currencies, etc.

That's what they do, that's who they are?

Hey, whatever happened to perma-bull Abby Joseph Cohen? She take her billions and hide in the witness protection program?
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 18:09
chloe-it may take a day or two because of all the economic releases coming out this week.

It is clear Goldman is frontrunning sterling again, so when they come out with their bullish sterling report is THE opportune time to add to the position. There still may be 50/100 or so more pips to the upside.
chloethebull
Posted Anonymously
15 years ago
Jan 25, 2010 18:00
ok pippedoff,im gonna listen to ya..im gonna short gbp @ 1.6240...u made me $$ the last time i shorted the gbp..thanks for your help
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 17:57
Cable Prediction:

Goldman frontrunning sterling by offering eur/gbp to drive gbp/usd to higher levels as they have their bullish sterling report written, but not yet released, awaiting UK GDP release tomorrow.

THE WORLD knows the # will be positive, yet Goldman won't release the report until; AFTER the GDP number is released. At which point, within an hour or two, sterling will begin its sub 1.600 descent in earnest.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 17:16
Chloe-NOW on cable
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 17:11
Correction on my last post.

This weekend Goldman said USD is undervalued, not overvalued, thus spearheading the sterling rally vs USD.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 17:09
Last month Goldman put a buy recommendation out on the Euro, and it proceeded to drop 250 points THE NEXT DAY. Then this month theyb front-ran a 450 pip rise in sterling before they "officially" released their bullish-sterling report to the public. Needless to say, sterling dropped over 300 pips the next four days.

This weekend they said the U.S. dollar is overvalued. Immeditaly, sterling gaps down on the open, and never looks back vs USD, already up 150 pips at 1.6240.

They've been doing this, well, forever. And yet no one ever seems outraged.
chloethebull
Posted Anonymously
15 years ago
Jan 25, 2010 17:05
hey pippedoff,how far can the cartel run up the pound?looking for a possible entry point.. thanks
montmorency
Abingdon, UK
Posts: 610
15 years ago
Jan 25, 2010 16:59
@Pipped: Here is some more anti-Goldman fuel, if you need it ...
http://www.thedailybeast.com/blogs-and-stories/2010-01-18/what-wall-street-really-fears/
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 25, 2010 16:08
Long live Goldman's Cable Cartel...
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