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27 Posts Total by "simon":
22 Posts by member
simon
(gauteng, South Africa)
5 Posts by Anonymous "simon":
 
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simon
gauteng, South Africa
Posts: 23
15 years ago
May 28, 2009 18:14
In Thread: Here Comes the 2-Month Cycle
yeah.... and please never mention the moon on tv please. I would like that not to be common knowledge.


Thanks


Simon
simon
gauteng, South Africa
Posts: 23
15 years ago
May 28, 2009 18:10
In Thread: Here Comes the 2-Month Cycle
Just a thought

You ever thing about full moon dates?


John Percival wrote something on that.

I my experience there is something there

7th May 2009 - full moon = most recent S&P top. (map them on the charts you will see)
http://www.die.net/moon/

Next Sunday 7th June (ECB / NFP)


Simon
simon
gauteng, South Africa
Posts: 23
15 years ago
May 28, 2009 17:47
In Thread: When Will GOLD Hit $1,050?
Ja dude

I read your book, (well pg 120 now). Stuff on gold and oil was dynamite.

Been long XAUUSD, XAUGUSD for a while and XAUEUR recently.


Been trading proper 2 years and wish i had stomach for more leverage.


Thanks / Regards

Simon
Simon
Harrogate, UK
Posted Anonymously
15 years ago
Nov 25, 2008 19:29
In Thread: Fed's Quantitative Easing Extends Seasonal Reversals
Hi Ashraf,

I closed my GBP/USD & GBP/EURO trade today. I'm surpirsed the UK Budget report did not scare the markets as the outlook is dire. I'll go with you seasonal theory. Maybe after Xmas when the economic data is bleak it will be time to short GBP.

All the best SIMON
Simon
Harrogate, UK
Posted Anonymously
15 years ago
Nov 20, 2008 17:34
In Thread: GBP Trade Index 18-Year Chart
Ashraf,

I base my parity hypothesis on looking at a 30yr. chart and seeing that it went to $1.05, c.1985. The UK is even more of a basket case than America. At least there is a chance you guys might bounce back. The UK economy has so many structural problems it could collapse into a severe depression. We may need the IMF to bail us out, as happened in the '70s.

I agree the Great Unwind is causing USD strength and this will probably continue for a while.

Some say the Euro is the better place to hide if you have GBP. If the chart breaks c.1.16 it has no support, I've heard 80 cents is possible.

Sitting here in the UK it is all very bleak. The elite have deluded themselves that this is going to be a V shaped recession and the economy will start bouncing back in late '09. I feel like I'm surrounded by lunatics.

Onwards and upwards.
Simon
Harrogate, UK
Posted Anonymously
15 years ago
Nov 19, 2008 15:38
In Thread: GBP Trade Index 18-Year Chart
I think GBP is probably heading to parity with USD. Our economy has been built on three pillars:

~Financialisaton.
~Property Speculation.
~The State.

Financialisation is bust. Property Speculation is crashing. The State is skint.

GDP is expected to contract -1% to -2% in 2009. I expect it to be worse than this, as our economy is based on Service and Consumption. This will now contract viciously as the multiplier goes into reverse due to huge debts and little free cash flow.

I hope GBP dead cat bounces as I'll be shorting more.

Good fortune.
Simon
Harrogate, UK
Posted Anonymously
15 years ago
Nov 9, 2008 20:23
In Thread: Bank of England Plays Catch-up at Expense of Sterling
Hi Ashri,

Just found your site via Seeking Alpha.

Some bears reckon that the UK will need to call in the IMF as the economy shows sign of serious structural collapse over the coming months. The debt fuelled Service Sector multiplier will go into reverse, with GDP falling -3%+ during 2009.

If you sat in the pound which currencies look solid?

I have got the USD & NOK.

My sense is that the USD will continue to be the big directional trade.

I can't work out how the Euro/Sterling is going to pan out.

Thank you

All the best.
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