Posts by "pippedoff"

WEATHERMAN HOMER analyst from NAB out pounding the table in Sydney today, calling AUD the "cheapest" it's been against USD in years according to their model. Pounding the table for 0.944.

@Rob, think the RBA will permit AUD sub 0.9100? heck, just two trading days they defended 0.900 like it was the end of the world. Then yesterday it was 0.9100. Today it's been 0.9120.

Be careful and don't get sucked into their game. Play your game.

Dude, you're not allowed to go on CNBC is you have anything negative to say about equities. They just put up a chart showing small caps are up 100% yoy. Instead of encouraging the masses to perhaps pull some off the table for another day, they exhalt the masses to continually buy.

The problem is, the masses got wiped out a year ago and have not bought this rally. This is nothing but a PPT generated rouse devised to get Mr. and Mrs. Jones to put their hard earned cash back into the markets and the market makers (Goldman) pockets.

You saw today when the PPT stepped out to lunch, the market dropped 60 points in no time. AUD dropped 22 points and put the RBA scurrying like rats to protect the value of Australia's National Pastime. What happened? Stevens found out where the PPT was eating lunch, made the call, and begged the PPT to goose the spoos and gold, guaranteeing all players who were doing the goosing against loss, in a frantic effort to prop AUD back to the highs of the day, even after the RBA engaged in a four-hour buy program on AUD, and to get U.S. equities back in black.

There is tremendous fear in the states that if equities have consecutive down days, the PPT will lose control of the mindless rally they have been orchestrating the past month.

Hence, idiots rush back into risk like fools, and buy trash euro and GBPUSD, and gorge themselves on overpriced and overstuffed items like gold and AUD.

The writing is on the wall though.

@chloe-after a near scare of a complete breakdown in their beloved AUD, the RBA spearheaded a four hour ninety pip assault higher on shorts.

RBA was in a sheer panic when USDCAD popped over 1.030, as they know any strength against another commodity-backed currency would upset their Mardi Gras AUD party.

speaking of oil, eighth straight down day in USDCAD. Had this been euro or GBPUSD, people would be screaming and blaming the speculators. Greece offocials are crying fools. They are the one's who deceived the public by engaging in the commission-generating swaps packaged by Goldman. They specifically lied and utilized criminal activities to deceive the public. Now they point fingers at the speculators.