Posts by "fxhandler"

Asad,
yes, no need to be so hard on Qin. We are all humans. Coming from so many different places on this earth, we are not always communicating so well to each-other.
However, Qin have done good in his predictions so far (USD/NOK), most that have read this blog, know this.
So, even he can be abit harsh and have strong meanings, we are all different. If we want respect, then we should be the first ones to give respect as well.
And, as in the Bible, who is 100% perfect can throw the first stone....

Have a good day

TB,
what have you got against Sweden? I like the country. However I like Australia more and I can relate to Aussies. They are abit crazy like us Norwegians. lol
Anyway, Qin is not Swedish.
Personally I think it is good that people here not always agree. I just got told of 2 times cause of my own lack in manners and foul language. I always appreciate feedback and note myself others opinions. No hard feelings.

However, Ashraf, oil is looking relative strong now and with most Majors strengthening against the dollar, trends intact. Do you see oil reaching higher (above 75$)before we get a pullback in stocks, short-term?
Cash for clunkers program is already finished, stimulus packages are finishing, still waiting for the market to correct. Markets must be running on beleif, hope and love now... or just air....
Haven't had time to finish your book, but so far so good.
Thanks.

USD/JPY cycle is still intact as Ashraf predict. Also set a lower low today 90.12, and rebounding, when will it drop through 90.000?

Spec,
yes, dollar can go higher, as I also expected, risk aversion and stocks beeing over evaluated. The overall stock market follow the US. But, when after some time, countries will not follow the US anymore!!! This is what I hope for as well. Most are sick and tired of their following crisis... their wars, their problems, their stupid decisions! It is time for Europe to be the dominant in this WORLD!!

But you have a tendency to talk about strenghtening in the US economy! This is far from any truth at all! As a bankman, you should know this!
Most of guys are sick and tired of the US-lies! So, after reading your BS stories for 6 months... I get sick too! There is only one way for the US economy in total..... it is DOWN!!!!

best regards

Spec,
You got to understand something about the dollar. The dollar go high up of risk aversion, but is slows down when US economy is going down and Vice Versa, when US economy go up, the dollar go up. Sorry, I guess you know this already.

But can you see any fundamentals giving a good economy for the US right now?
You gotto to be kidding me if you say so!!!! Anyway, I know from my job, US can sell shit, and they have done for many years! Many of their products are shit compared to many other commodity producing countries, but US are so good in selling.

(Don't you think they are selling YOU this shit also?)

Now people are fed up with their bullshit, and also China! It is time the US take their finger and stick it in the ground and see what kind of economy they have beeing living of... otherwise they could stick their finger up some other place....

They fuck up this world, time over and over again. Now oil price... they fucked that up also.

For us in Norway, it is volatility like shit, we have a good economy, but the oil price is going up and down too much. The point is the US dollar is trending DOWN!!!! Anyone can see it! So, it means the the oil price should go sky high?.... Well I don't know, but the thing is, many investors here look at the oil price, still it doesnt matter, as long as the oil price is given in US dollar!
So in NOK... Oil is actually going in a down-trend now. However, stock market react positive on US market... It is silly!!!
Stupid!
If you compare oil prices, SnP prices and echange it from US dollar, it means it is actually less worth now than before. The rise of the stockmarket in US have no fundamental ground, and it have also no actuall comparizing pricing against any other country!

Spec: I have been very patient with you, undertood you. But you are far out. You talk to me about eating, and getting fat, this ha nothing to do with the economy at all! You MUST be a bankman!!!
I told Qin to relax about you, I gave you my respect. But you are far out man, nevertheless, I will never trust a "bankman" ever again. You guys still don't have F----k clue!

And... Why do you tell me that the EU is not printing money? In Fact they ARE!!! You should know this, as a bankman! Everytime some country want to depreciate their currency, that is what they do!

However, I also beleived in a dollar rally. But this seems abit stupid now. Nobody beleive in it anymore (so it should rally then...) but the thing is that as long as they print their money, no one will buy their shit.....
Untill the US have (once again) fooled normal people to buy stocks and the rally is to an end, then they will sell out all their stocks and pay some of their debt!!!
After that, we get it over again. The next 1-20 years will be very volatile!!!

Can't you see this SPEC? (and stop beeing so ignorant!)