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Posts by "cat0nip"
1999 Posts Total by "cat0nip":
72
Posts by Anonymous "cat0nip":
started long USDNOK USDSEK
USD the only trusthworthy major. All else phony.
Bernanke top economist. :-)
5195 ans short eurgbp from the peak 8740
more construction more building approvals : less chance to bring
those homes to market. if however then home price index tumbles.
Construction becomes too expensive , job losses, etc.
The best solution is a civil war all homes get burned off or bombed or Napalm ....
insurances won't pay for damages due to war...
everything ok.
It was exactly the same bull trap pattern that was used on crude.
They'll never ever learn
the EUR bull dollar and Yen bears were dead wrong an I bet they'll never analyze how and why. How ist it that EUR is the weakest major after speculation Fed could refrain from asset buying? You won't hear any such consideration from analysts.
But again if Goldman calls EUR long you'd better go short.
If Merkel calls strong EUR is wonderful you'd better go short.
When you see a credit deterioration in High yield and Investment grade you go long USD without a single look at whatever chart.