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Posts by "montmorency"

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montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
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montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 2, 2010 15:20
In Thread: Commodity FX (CAD AUD NZD NOK)
FWIW, I had been expecting it to fall (continue falling), bearing in mind recent stock market falls, but the SM seems to have stablised, plus a lot of correlations seem to have broken down, at least temporarily.


But I'm trading like a lemon these days, so don't take any notice of what I say :)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 2, 2010 0:14
In Thread: GBP
@Said: OK, using those dates I see more or less the same numbers as you now.
Having said that, choice of dates seems a little arbitrary, and that's always the problem with trendlines.
But thanks, and it's certainly heading in the direction you indicate.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 1, 2010 21:46
In Thread: GBP
@Said: Where is the earliest touch on your trendline? (i.e. how far back are you going?).

I think I see what you are getting at, but I can't make it come out with those numbers.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 1, 2010 20:35
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
@Asad (or anyone who cares to comment): If the stock market does really crash (and it seems not unlikely), will gold crash with it?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 1, 2010 20:26
In Thread: GBP
And to think I was long cable earlier today, then thinking I'd made a potentially serious mistake, cut the position for a v. small profit. Oyveh!
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 1, 2010 20:24
In Thread: GBP
Isn't the sharp gold fall and sharp dollar fall (compared to EUR) also a bit strange?
"Interesting" day today.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 30, 2010 23:05
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
@Qiman: Can't remember where I saw it, but somewhere I read that the _price_ of GS stock (rather than their predictions) could sometimes be a leading indicator for where the stock market as a whole is headed. I pass this on for what it may be worth. (I haven't verified it for myself).
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 30, 2010 12:14
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
"Moscow Centre" - straight out of John le Carre' :-)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 21:23
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
I'm waiting to see if there are any more attempts at ~1260-1265 before this expected correction.
We can't rule out a jump even higher, I would have thought. I was interested to see a gold-bullish article in the mainstream Guardian newspaper today:
http://www.guardian.co.uk/business/2010/jun/28/gold-new-high-double-dip-recession

If that isn't a warning to get short, I don't know what is :-)

To be honest I think we have to get ready for it to go either way, and fast.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 21:13
In Thread: USD
@Walky: What I think is that you are a spammer and are not welcome here.
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