Posts by "fxhandler"

Ashraf,
thanks for clarifying. I saw your interviews earlier today, giving me a better understanding of your predictions.

Stocks and oil went crazy today, good, it means the correction is gonna be even bigger. Waiting for Asia to lead the way......down. And giving me another chance to short JPY.

Said,
Waiting for the correction.
SEK is not gonna be as strong as NOK in the long-term, they struggle now and will do for a long time. Interest rates are most likely to get higher in Norway before Sweden. Their unemplyment rate is 2 times as we have.
(Look at the history, before oil made the Norwegian economy boost, the SEK was around 135, now we around 83.
When oil finish, I will most likely not live in Norway, the hit will be big! But for now, the economy is stronger than Sweden.
Anyway, as I mentioned earlier, the NOK is not affected so extremly to the oil prices as before. Mostly it is affected by risk aversion.
Therefore, wait for correction, go in on JPY/NOK, and wait...
Volatile? Yes, but that is how you guys like it. Right?

Said,
September, statistically.. yes, it is not good. I don't look at that, I look at the overwhelming rally that have been going on. And we are soon at 9/11, my guess is that the correction is very close now.
SP500 struggling to go over 1036. Doubble tops have been made on several indicies, fundamentals are not changed, Hang Seng Index bearishness. And the biggest indicator of all, people already started to forget about last year.... Dumb money... going in now.
Correction on it's way. You can thank me later.

Statoil is a very good pick cause the Government was the prime owner before, now it is out on the open market, but still the government have the biggest influence on this oil company. It means it can NEVER go bankrupt.

regards

Ashraf,
see what you mean. But it seems you are not 100% sure? Do you have the same view as Pretcher? What about interest rates? Do you see them rally up soon? (if they do, stocks will go lower).
Just want to learn about your views while I am waiting for my book....

Regards

Ashraf,
Regarding the question Inflation/Deflation. Can you please give me your views about the future (5-10 year forward in time).
There are many different views about this. Experts don't agree about this subject.
(I haven't received your book yet, so I don't know your aspect of this).

best regards