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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
subway90
Posts: 1078
13 years ago
Nov 29, 2010 20:09
Catnip....

what's the use with all the fuss if you hadn't made that trade... only shows your confidence level is rock bottom and you can't even trust your own prediction.... well.. you were short all the time since 1.2xxx level and calling for parity by yearend..... so no point in arguing...

empty cans really do create a lot of noise.... :)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Nov 29, 2010 19:41
from EURUSD 1,42 on I have been predicting and trading eur short everything eurusd target 1,36 end november ( ok that missed by 550 pip) and USDx 80 ( also a miss). For ye my prediction holds eur usd 1,20 and USDX 85 .
FXDave
Oregon, United States
Posts: 5
13 years ago
Nov 29, 2010 19:01
I am curious and a bit forward to ask --->>>

With so many experts in this forum is there anyone willing to provide their actual trading results to backup their expertise and add credibility to what they say?

Or....

Please post some sort of credentials because most of what I am reading (except for a select few) is so far out of focus and so far from the truth it can not even be seriously considered.

"The victorious strategist only seeks battle after the victory has been won, whereas he who is destined for defeat first fights and afterwards looks for victory."

- Sun Tzu

Peace...

FXDave
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Nov 29, 2010 18:44
QE2 is not printing money as such. Real unemployment in US is nearer 19% than 9% with manufacturing jobs having declined for many years. The only way the US can pull through is by creating new industries in time to save the day. Furthermore their demographics are not as bad as Japan's but bad enough to become a major problem.

When bernanke was first appointed he was taken into the back room and genetically programmed to do whatever it takes to fight deflation so we can expect more of the same.

We are all doomed in one way or another. Its just a matter of time for the day of reckoning. The only tiny ray of hope lies with our scientists and the removal of their handcuffs.

So what's the point of arguing about which nation is in more trouble than the next. China also have massive potential problems lurking.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Nov 29, 2010 18:42
Wrong. In the long run both EUR and USD will not survive.
And you are right. The Fed does not print physical dollars. It is easier. They just make electronic transfers. But at the end of the day the exprorting emerging economies collect physical dollars. Just check how much China has collected. LOL
And of course Larry Fink will say that. Otherwise he will be shitting on his background as an American. He is biased. But it seems you cannot figure that.
USA is the failed super power. EZone never been a super power.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Nov 29, 2010 18:29
No. The US is in excellent condition in terms of solvency, the Eurozone is insolvent. Btw with QE2 not a single buck is printed. Btw Larry Fink from BlackRock is one of the happy view who understand why Euro cannot survive but USD will.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Nov 29, 2010 17:53
catnip, and why EZone is insolvent and USA is not? Because the Fed is more loose and can print as much money as they want while ECB is not so loose because of the EU bureaucratic machine. Just check out % of debt to GDP in this table to see where is more red and decide who is more indebted:
http://www.economist.com/blogs/dailychart/2010/11/government_debt?fsrc=scn/fb/wl/dc/inthered

Repeat: USA is in the same deep shit situation but the FED is more loose and is doing whatever thet want without much of a scrutiny, while the ECB is not so loose.
subway90
Posts: 1078
13 years ago
Nov 29, 2010 17:04
long Euro 3081.... tp 3400...
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Nov 29, 2010 16:51
just called Ben he said not that bad boy, btw I need some help gardening dish cleaning car wash...
DaveO
UK
Posted Anonymously
13 years ago
Nov 29, 2010 16:27
wish I had your debth of understanding catnip. Stick around, we can work together I'm sure :-)