Posts by "fxhandler"

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!)

Yes, Ashraf. I see it now. It peaked at 6,56 today... and still going strong.
Too bad I didnt buy yesterday and exit the trade today. The dollar is so unpredictable, I should have stayed away....
Do you think it will go even further in the closest future?

Regards
FXHandler