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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 17, 2009 13:51
In Thread: Falling Equities Still Key for Dollar
Just my opinion based on technical observations ,S&P very strong above 910 , dollar sitting on precipice and ready to tank .
cougr
Australia
Posts: 101
15 years ago
Jul 17, 2009 11:30
In Thread: Gauging the Bounce in Appetite
Mojo regarding how high she'll go ,I haven't got a clue but we do have some guideposts to go by,namely that 880 is significant support and 950 resistance.If 950 gets taken out getting to 1000 will be a good bet.
cougr
Australia
Posts: 101
15 years ago
Jul 17, 2009 2:13
In Thread: Falling Equities Still Key for Dollar
Ashraf, back in early march Roubini's widely publicized negative views on the economy coincided with the market's bottom .Yesterday when I read the report on Roubini's positive take on the economy I took it as a signal possibly marking a top in the markets. But now that you have made me aware of his retraction of such views I don't what to make of his comments. I suppose I'll stick to what I've always been doing and that is to take my leads from the price action itself.
cougr
Australia
Posts: 101
15 years ago
Jul 16, 2009 10:43
In Thread: Falling Equities Still Key for Dollar
Notwithstanding the VIX divergence signal with the S&P ,price action at least for now appears strong and maybe this rally still has some legs . What is interesting is that the rally coincided with a Bradley trend turn date ( Jul 15 ).I think the key is to watch support at 880 .
cougr
Australia
Posts: 101
15 years ago
Jul 16, 2009 10:16
In Thread: Falling Equities Still Key for Dollar
Hi Ashraf ,I trust that your question below regarding the VIX is rhetorical therefore thankfully I won't go into answering it . Feeling lazy.
cougr
Australia
Posts: 101
15 years ago
Jul 16, 2009 1:30
In Thread: Falling Equities Still Key for Dollar
VIX again moves up in tandem with S&P 500.I think a pullback is in the cards.
cougr
Australia
Posts: 101
15 years ago
Jul 15, 2009 14:36
In Thread: When Will GOLD Hit $1,050?
spec,I agree.
cougr
Australia
Posts: 101
15 years ago
Jul 15, 2009 13:56
In Thread: When Will GOLD Hit $1,050?
Spec , some of my favorite financial commentators are huge deflationists but nevetheless due to certain technical aspects I think that there is a good chance that gold will go higher and sooner than many suspect . In any case my experience of the markets is that they really don't care about anyones opinions and prognostications so I just merely buy and sell when my signals get triggered.
cougr
Australia
Posts: 101
15 years ago
Jul 15, 2009 13:27
In Thread: NZDUSD Eyes Sub-0.63
All that I know is that both currencies have gained relative to the dollar since the news.
cougr
Australia
Posts: 101
15 years ago
Jul 15, 2009 13:19
In Thread: From GreenShoots to Head&Shoulders
880 is definitely an important support level at this stage.
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