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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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This thread was started in response to the Article:

VIX, Oil, BRICS & Sterling's Sell-Appeal

BRICS equity indices fail at key fib retracements, VIX and oil near major trend lines and sterling's sell-appeal hasn't looked this good in a while.
 
asad
London, UK
Posted Anonymously
15 years ago
Nov 20, 2009 14:36
Oh...and ofcourse, Yen's strength for the fourth consecutive weekend (this time thanks to Trichet)


Asad
asad
London, UK
Posted Anonymously
15 years ago
Nov 20, 2009 14:24
Mates,

I've collected a MASSIVE *heheh* 200 (short) pips on oil...and still looking for more! As I say...

- Friday is a gamers' day (yet again!)

- No matter what the analysts say...oil is overpriced (amateurs rule!)

Again, we'll see 75 before 85... :)


Asad


Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 20, 2009 14:19
ROFL. Alright, alright. I think we'll see the Euro at parity again... after we've seen the 2.0 level. *gg*

...actually I don't think we will see any of both levels...
asad
London, UK
Posted Anonymously
15 years ago
Nov 20, 2009 14:16
Xaron,

You're cornered mate...by two stalwarts of the Forum! Give up or... :p


Asad
asad
London, UK
Posted Anonymously
15 years ago
Nov 20, 2009 14:15
Agreed, agreed, agreed...


Asad
speculator
Posted Anonymously
15 years ago
Nov 20, 2009 13:58
xaron, how do you base your overvaluation of the dollar?

i refer you to a 20 year chart of the dollar index and PPP then quote on its valuation. QE will be only a short term variable as once they reverse most excess liquidity will be taken out of the system when the government sells bonds rather than buys. The dollar should be higher next year. Also note that the dollar is very bearish and short against more currencies. thinking that the dollar will keep falling is an emotional response. the reveral of the dollar likely to be very quick as risk trades rapidly need to unwind.
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 20, 2009 12:19
Hehe, yes, you're right, asad. ;)
asad
London, UK
Posted Anonymously
15 years ago
Nov 20, 2009 11:52
Xaron,

Being a novice at forex...even I know that your overvaluation is a bit overstated... :)


Asad
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 20, 2009 8:01
Thanks spec, for your answer. I tend to take the opposite view and see the Dollar still very overvalued.
kidwai
karachi, Pakistan
Posts: 77
15 years ago
Nov 20, 2009 7:22
Hi Speculator, How are you I am agreed with your statement.
Thanks