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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 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.
cougr
Australia
Posted Anonymously
15 years ago
Jun 10, 2009 22:40
In Thread: Falling Equities Still Key for Dollar
For what it's worth a similar pattern of daily stars on the dow pre empted it's crash back in '87 .
cougr
Australia
Posts: 101
15 years ago
Jun 10, 2009 22:16
In Thread: Falling Equities Still Key for Dollar
Good article Ashraf ,the charts of the FTSE and SPX above also clearly show the negative [ or hidden ] divergence between the stochastics and prices which augur for an equities correction.
cougr
Australia
Posts: 101
15 years ago
Jun 10, 2009 13:16
In Thread: Yield Shoots, Dollar Leaves
I've lost count on how many times I have read that the Dollar has weakened on rising inflation expectations yet where foreign currencies are concerned they seem to strengthen when such expectations apply to their country . The strengthening of the NOK today is a case in point .

Without going into too much detail can someone enlighten me on this ?
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