Posts by "pippedoff"

Westpac HOMER WEATERMEN ANALYSTS are POUNDING the table to their clients, telling them this is their LAST chance to overpay for the overvalued Aussie before the RBA raises rates in 1-1/2 hours. Idiots, Aussie was at 0.88 three days ago when they were crying Aussie was headed to 0.85.

Can you say, "PUMP N' DUMP"!!!

Tomorrow is huge day for USDCAD. Got pounded today on Cad GDP. That is why I closed my long at 1.0544 1-1/2 hours prior to the release. I have been buying back down here in the 1.0420's. But the short-term outlook will depend on what the BOC says tomorrow.

BTW, Oil is down today, usually a positive for USDCAD. If the right thing is said tomorrow by BOC, we could light a match to USDCAD and watch it explode to 1.0700.

what has also prevented the breakout is another round of risk aversion is just around the corner in the form of a massive equity selloff. The PPT has been intervening on a daily basis to sopport their beloved U.S. equities, trying to convince Mr. and Mrs. Jones that everything is ok and economic recovery from a doble recession is being spearheaded by a 10 plus% unemployment number (which everyone knows understating the true unemployment rate).

Smartest folk are in FX. They know equity selloff is coming, and are therefore buying bidding the worthless JPY higher against allcurrencies (including USD). Once this selloff occurs, USDJPY will be a SCREAMING buy!

Smart FX players shorting USDJPY in preparation of equity selloff, while PPT dupes public into buying equities under false confidence.

mont and I's Gold short at 1120 took the air out of Gold, knocking it sown $5 in no time, from 1120 to 1115. Your're welcome!

need a break in equity markets (is it possible with the PPT's constant intervention) to knock USDJPY into the mid 88s.