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by Ashraf Laidi
Posted: Jul 16, 2009 17:32
Comments: 89
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This thread was started in response to the Article:

Gauging the Bounce in Appetite

Forex markets have yet to buy into the rally in US equities.
 
speculator
Posted Anonymously
12 years ago
Jul 27, 2009 10:16
cougr yes i know that
cougr
Australia
Posts: 101
12 years ago
Jul 27, 2009 10:10
Spec, stocks typically bottom and begin new bull campaigns long before recessions end and economic figures turn positive.
Ashraf Laidi
UK
Posted Anonymously
12 years ago
Jul 26, 2009 20:06
chart, yes and the latest bear market rally is the biggest since the post 1930s bounce which was still described within a bear market as stocks ended up falling again. let's see if S&P closes the month above the 200-day month average.

Ashraf
speculator
Posted Anonymously
12 years ago
Jul 26, 2009 19:44
chartvuze i havent read the arcticle but wonder if any of them were in a middle of a global recession!
Chartvuze
salisbury, UK
Posts: 18
12 years ago
Jul 26, 2009 18:56
Hi Ashraf and all

ref Saturdays Times re David Schwartz a stock market historian only 23 times since 1950
has the market risen ten days in a row, every time indicated a BULL market.

Your comments
redstone
UK
Posts: 25
12 years ago
Jul 25, 2009 18:13
Hi Ashraf, any idea on GPB/JPY at years end. 140 would be nice. If not is it time to run with the trend and go into Brazilian Real or AUD ? Comments appreciated.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 25, 2009 16:39
Xaron, yes, expecting yen strength to resurface towards end of July. Mind you though, yen has mantained robustness at the support lines against GBP, NZD and AUD.

Ashraf
Xaron
Munich, Germany
Posts: 528
12 years ago
Jul 25, 2009 14:33
Hi all,

how do you see the current situation now as S&P500 and Dow have closed at new highs? Actually I expected at least some profit taking in the last hours. Everything fine again in lala-land?

Ashraf, do you stick to your current targets (1.3850 in the Euro, much stronger Yen and Dollar) till the end of July? I'm just curious...
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 25, 2009 11:44
mo, id say BoC and Finance Ministry would have problem near 1.05 in USDCAD

Ashraf
Carlco
bristol, UK
Posts: 151
12 years ago
Jul 24, 2009 18:22
interesting that GBPUSD 167 is looking like a def. spike not to be challenged for a good while.