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Posts by "ginger"

82 Posts by Anonymous "ginger":
Ginger
UK
Posted Anonymously
14 years ago
Apr 16, 2010 17:13
Ashraf, It's amazing what a difference a day makes - I thought when I threw in the towel something big had to happen and here we are - ratio now at 63. My guess is that this story has a few more days/weeks to play out. Surely the US public will now be more outraged than ever with Wall Street and will want a proper clamp down on investment banks - may be the Elliot Wave guys will have their day now.
Ginger
UK
Posted Anonymously
14 years ago
Apr 16, 2010 16:36
all depends on sentiment now - if sentiment changes for the worse today we'll have a correction next few weeks. Problem is that the bull run is so strong that this may just pass over again - I doubt it though this time - we'll see.
Ginger
UK
Posted Anonymously
14 years ago
Apr 16, 2010 16:20
why it's taken so long to expose GS and now is a matter for those in power
Ginger
UK
Posted Anonymously
14 years ago
Apr 16, 2010 16:16
GS news just about the only thing that could have derailed the rally - remains to be seen how far the market falls but helping the ratio with vix up over 12%
Ginger
UK
Posted Anonymously
14 years ago
Apr 14, 2010 21:45
interesting article in cnbc today saying that the so called "boom" in retail sales in US is mainly due to consumers spending the remainder of their cash in the malls rather than paying their mortgages before foreclosure ultimately is enforced. JP Morgan's good results were again on the back of trading - i.e. casino operations. Their retail operations were a drag due to the consumer.
Ginger
UK
Posted Anonymously
14 years ago
Apr 14, 2010 21:27
melt-up continues, guess the way this market is going the ratio now irrelevant - even I've had to admit defeat
Ginger
UK
Posted Anonymously
14 years ago
Apr 12, 2010 16:31
In Thread: EUR
Ashraf
Are you able to give us a revised forecast on Euro dollar by end of April and end of May?
Thanks
Ginger
Ginger
UK
Posted Anonymously
14 years ago
Apr 12, 2010 9:18
In Thread: EUR
is this token offer not just that - amounts to only 10% or so of Greece's debt mountain. Feels like a band aid to plug a gaping hole - short-term relief rally in Euro understandable but overdone imo.
Ginger
UK
Posted Anonymously
14 years ago
Apr 12, 2010 8:46
In Thread: EUR
anyone shorting from here?
Ginger
UK
Posted Anonymously
14 years ago
Apr 11, 2010 22:51
In Thread: EUR
Catnip agree totally - none of the problems have been solved - the can has just been kicked further down the road. That's why I don't see Euro strength lasting for more than a few days. Also any sell-off in over-bought equities will be dollar positive.