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Posts by "cougr"

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109 Posts Total by "cougr":
101 Posts by member
cougr
(Australia)
8 Posts by Anonymous "cougr":
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cougr
Australia
Posts: 101
15 years ago
Jul 27, 2009 10:10
In Thread: Gauging the Bounce in Appetite
Spec, stocks typically bottom and begin new bull campaigns long before recessions end and economic figures turn positive.
cougr
Australia
Posts: 101
15 years ago
Jul 23, 2009 2:36
In Thread: Ashraf's Book: Currency Trading and Intermarket Analysis
Ashraf ,do you mean 5pm NY time?
cougr
Australia
Posts: 101
15 years ago
Jul 20, 2009 13:29
In Thread: USDJPY 4-week Cycles
14Raj ,just a while ago ,Ashraf gave his opinion about EURUSD in his Intraday Market Thoughts section. Check it out.
cougr
Australia
Posts: 101
15 years ago
Jul 20, 2009 2:10
In Thread: How low will GBPUSD go in May?
Just for the sake of completion of my previous post immediately below ,another probable scenario based on past precedents is that if the S&P breaches 950 this week then it should move to around 9100 - 9110 before a decent downwards correction begins. Again with this scenario the previous March low will most likely not be breached in any downturn.
cougr
Australia
Posts: 101
15 years ago
Jul 20, 2009 0:34
In Thread: How low will GBPUSD go in May?
Ashraf ,I've been comparing the pattern on the S&P with similar historical patterns and one highly probable scenario is that it may move from here to it's previous recent highs (ie around 950)and then fall to a level that won't breach it's previous low . This compares nicely to what you have sugggested below.
cougr
Australia
Posts: 101
15 years ago
Jul 19, 2009 11:58
In Thread: From GreenShoots to Head&Shoulders
Whilst many of us have focused on the small head and shoulders pattern developing since May ,we've missed the larger reverse head and shoulders developing since last Nov evident on both the S&P and Dow.
cougr
Australia
Posts: 101
15 years ago
Jul 19, 2009 0:04
In Thread: Falling Equities Still Key for Dollar
Carlco gotcha. Agreed ,once this rally terminates the plunge should be breathtaking.
cougr
Australia
Posts: 101
15 years ago
Jul 18, 2009 0:32
In Thread: Falling Equities Still Key for Dollar
Rajesh68 ,you'll note that EURUSD moved down contrary to your expectations but shortly therafter moved back up. Markets do this all the time ie.defy our immediate expectations and trying to understand and rationalize every small movement will drive one crazy.
cougr
Australia
Posts: 101
15 years ago
Jul 18, 2009 0:23
In Thread: Falling Equities Still Key for Dollar
Carlco , I take your point about pe ratios being too high etc, but don't forget the old cliche about markets being able to remain irrational longer than most traders ability to remain solvent. If 950 gets taken out(and I know that's a big if ,with many out there thinking this unlikely) ,all the short covering should easily push it to 1000.
cougr
Australia
Posts: 101
15 years ago
Jul 18, 2009 0:11
In Thread: Falling Equities Still Key for Dollar
liked that carlco,very amusing .
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