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Posts by "newman"

13 Posts Total by "newman":
6 Posts by member
newman
(Minnesota, United States)
7 Posts by Anonymous "newman":
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 18, 2009 2:15
Thanks, Ashraf! Much appreciated.
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 17, 2009 20:44
To clarify: meaning EUR/USD, and "near-term" = if starts a trending move over the next week or 10 days. Thanks.
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 17, 2009 20:04
Ashraf: Watching the ADX indicator on the Euro, it looks like the Euro might start trending soon. (It's been non-trending here recently.) If you were a betting man (and I believe you are) which way do you think the Euro will trend near-term? THANKS!

By the way, really like your mid-day video updates. Very informative. You're a Rock Star!

NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 9, 2009 5:09
Ashraf: I know you're a very busy man. And I realize this newest article of yours is only 6 days old. But please write another one (with a Big Picture focus or implications) soon. We "Little Fish," who almost never get the high-quality advice that only the rich can afford, rely on you to help us survive. :^) THANKS for all your help. --NewMan P.S. I and my family and friends and their families and friends DON'T want to end up in a sardine can! (Just as you share your expertise with us, I try to pass my imperfect understanding on to as many people as I can help. Ultimately, WE'RE ALL IN THIS TOGETHER.)
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 9, 2009 0:52
14raj: Maybe I'm missing something here, but isn't the IMF saying that the dollar is OVERVALUED?http://www.bloomberg.com/apps/news?pid=20601110&sid=a5ritflpCi34 All the best. --NewMan
NewMan
Minnesota, United States
Posted Anonymously
13 years ago
Nov 8, 2009 20:50
14raj: I certainly can't answer for Ashraf, but wonder if you've seen this article that gives some indication of his thinking for the coming weeks. Please go to the "Intraday Market Thoughts" tab at the top of this page...and once on that page, click on the top post (Nov.6). In the article, "Ashraf Laidi Regains #1..." you'll see that "In the medium to long term, CMC expects some dollar strength..." Then go into the table below the article, entitled "Current Forecasts." There, in the first column, you'll see Ashraf's forecast (CMC Markets) for Euro/dollar. The Euro is now at 148.47. Ashraf forecasts that in one month (I assume from the beginning of November), it will be 1.46 -- so the dollar going up for roughly the next 3 weeks or more. Then: 3 months out: 1.49; 12 months: 1.56. Hope this helps. Good luck to you!
NewMan
United States
Posted Anonymously
13 years ago
Nov 7, 2009 1:48
Ashraf--Just wanted to say THANKS VERY MUCH for sharing your great insights and expertise. Very much appreciated. I just bought your book. Look forward to studying it. All the best -- NewMan.