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Posts by "speculator"
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Posts by Anonymous "speculator":
guys i warn you DO NOT BE SHORT ON CABLE more than intraday as we are due a very large drop before may. There is absolutely no reason for a cable rally until then at the earliest. House price info just came out which was very unimpressive. By the way, there are quite alot of cable bulls out there so its not one sided. But the hedge funds are UNBELIEBABLY bearish and they were right back in the end of summer when we saw a bit later the pound collapsed. Hedge funds get in first. We political and economic risk which not many G7 have so until politics imporoves pound WILL NOT rally to 1.60.
action: sell/sideline euro