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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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This thread was started in response to the Article:

VIX, Oil, BRICS & Sterling's Sell-Appeal

BRICS equity indices fail at key fib retracements, VIX and oil near major trend lines and sterling's sell-appeal hasn't looked this good in a while.
 
FXHandler
Norway
Posts: 195
12 years ago
Sep 5, 2009 22:53
Spec,
You gotto be kidding me. "We need some kind of shock to get a pullback this year"?
WTF?
Did you sleep the last years? I am amazed of your insanity. Don't you see around yourself. The World economy has got the biggest kick in the ass than anyone could see coming. You still think that things are gonna blow off cause some speculators "drive" the stock market up now? Suddenly everything is ok now? Come on. Use your common sense man.....

Fucking hell! The world has gone crazy!
Qin
Jonkoping, Sweden
Posts: 492
12 years ago
Sep 5, 2009 22:46
I don't know how many of you are believe spec and follow him to trade............but I know on the daily comment, he has been wrong for 5 months...........you don't need to believe, but just check his comments record.....

houram, China is reducing the holding of US debts, in June they reduce by 3%, but Japan and UK increased in June.........but anyway, you don't need to really care about long term or even short term, because you are trading for 30 pips profits..........there is no strategy for you......
Forexwolf
New Zealand
Posted Anonymously
12 years ago
Sep 5, 2009 22:03
Hi Speculator; what was driving GBP & AUD so high on Friday. Do you expect them to continue their upward trend from here. I was so convinced that GBP will come down steeply, that I shorted along they way up - not expecting it to break higher. Same with AUD. I think Ashraf is only looking at he charts.
speculator
Posted Anonymously
12 years ago
Sep 5, 2009 21:21
and just to add, i think sterling will be the biggest medium-longer term loser of strength going forward and there is plenty of downside to come. The bank of england has more money printing to do and too high debt ratios, to sustain even current strength for at least 5 years to come. i do see parity in europound still to come. my prediction is regardless of global recovery.
speculator
Posted Anonymously
12 years ago
Sep 5, 2009 21:11
i am not even doubting that the dollar will depreciate substantially in the long run against certain currencies NOT all. but dont expect it to crash any time soon. It has fallen since march and has probably formed a support short term against euro/pound. we are still in a dollar rally and very likely to see further rallying continuation of fall 2008 into 2010.
tarazuze
UK
Posted Anonymously
12 years ago
Sep 5, 2009 19:36
getting a bit rude in here no need as we are all meant to be professional traders .i for one greatly value the posts made by the speculator and hope he continues to make them as i agree with most of his remarks. i do not like the rude nasty remarks typed by a certain person in this forum. please try to be polite thankyou.
houram
Vancouver, Canada
Posts: 55
12 years ago
Sep 5, 2009 18:57
Yes I agree with spec. We have now a very solid economy now with ONLY 10% unemployment, a very small debt, mostly borrowed from the chinese, and may be the US will borrow even more to pay the interest, foreclosures are at record high but who cares about the small man, the cash for clunkers program was a great success why not extend it to the real estate? "Cash for your shelter" .... and the list goes on. Great .... isn't it?
Qin
Jonkoping, Sweden
Posts: 492
12 years ago
Sep 5, 2009 15:02
I don't want to talk about what Ben should do.......because he is just a dog follow Obama everyday.....I don't think Obama knows what he is doing either......

But I am a trader......The most important thing for me is go to the market and make money......I am doing very well everyday.......

But you should look back your prediction during the past months, then you will understand you don't have the talent to trade or predict on the market.....please shut up your mouth and learn it for years, before you speak out again....
spectlator
Posted Anonymously
12 years ago
Sep 5, 2009 14:53
qin, if u were fed chairman u would do nothing and ensure s&p went down to 100 and banks went bust. what would u have done? they wont give the post of chairman of fed to someone who has studied english would they? ben is a doctor of great depression so he understands deep shocks better than u my friend.
Qin
Jonkoping, Sweden
Posts: 492
12 years ago
Sep 5, 2009 14:44
spec.....Bernake is PHD....Greenspan is PHD too.....if they trade on the market....they will bankrupt too.....

Scholars should go to school and government for looking for jobs......market is not belong to them.....I suggest you go back to school and take PHD.....you can work in your government and learning how to print money as fast as you can.......