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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
Jun 23, 2009 13:22
In Thread: Where will EURUSD close by end of June?
SEC filings show corporate Chiefs cash out of their share holdings at rapid pace .Ashraf this is from your twitter site . Can we assume tis bolsters the argument for more equities weakness and hence more dollar strength ? [ At least in the short term. ]
cougr
Australia
Posts: 101
15 years ago
Jun 18, 2009 13:44
In Thread: CADJPY's Next Target
Steven ,momentum is currently favoring the upside but price should fall again when momentum fizzles.
cougr
Australia
Posts: 101
15 years ago
Jun 17, 2009 13:19
In Thread: How low will GBPUSD go in May?
Ashraf , regarding risk aversion rationale , where risk aversion is predominating in the markets shouldn't that be beneficial for gold and hence the AUD ? It seems that the opposite is happening here .
cougr
Australia
Posts: 101
15 years ago
Jun 15, 2009 4:30
In Thread: Falling Equities Still Key for Dollar
Correction ,in my post below it was meant to read .......that the dollar will fall below 70...........
cougr
Australia
Posts: 101
15 years ago
Jun 15, 2009 2:19
In Thread: Falling Equities Still Key for Dollar
Hi Ashraf , it was very interesting reading in your book about the corellation of the fed chiefs' backgrounds and the implication for the dollars movement . The model is currently playing out exactly as expected . From time to time you hear of 'experts' proclaiming that the dollar will for way below the 70 mark to figures such as the 60's and even 50's.In your opinion is this a probable or even possible scenario within say the next year or two.
cougr
Australia
Posts: 101
15 years ago
Jun 14, 2009 4:43
In Thread: Where will EURUSD close by end of June?
Ashraf I take it that your bearish stance on the usd has bullish implications for oil and commodities going forwards in 2009 , correct ? I am also aware that the euro is your favorite antidollar currency but am wondering if the aud will also be a good beneficiery of dollar weakness.
cougr
Australia
Posts: 101
15 years ago
Jun 12, 2009 13:44
In Thread: Falling Equities Still Key for Dollar
I remember around this time last year when the SPX rose from March to June,there was talk that the markets were being propped up ,and if it wasn't JP morgan or some other big firm it was the PPP,and then the markets had a precipitous fall from mid year to years end .This year may be different of course but it feels eerily the same ,so that a significant correction in equities beginning soon wouldn't surprise me.
cougr
Australia
Posts: 101
15 years ago
Jun 12, 2009 11:30
In Thread: Where will EURUSD close by end of June?
That's a huge call on the euro Ashraf and I am not debating it , but does this also suggest that equities by years end should be a lot higher?
cougr
Australia
Posts: 101
15 years ago
Jun 11, 2009 15:09
In Thread: Yield Shoots, Dollar Leaves
"Finally USD technically in over sold territory at the moment, and any farther decline is limited"

Forextrader ,I am with you on this point and believe that once we get a technical sell signal in equities the dollar could rise by at least 5% from current levels. I am anticipating that this will occur within the next month.
cougr
Australia
Posts: 101
15 years ago
Jun 11, 2009 5:23
In Thread: Yield Shoots, Dollar Leaves
Ashraf , from a purely technical perspective one may argue that the 10 year T bonds are due for a significant downwards correction ,hence applying upwards pressure to their yield . I am wondering ,can the government prop up the treasuries indefinitely or for longer than one dares to care because otherwise it appears that yields will sooner or later begin to rise in earnest.
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