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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
I enjoyed your interviews this morning. You'd mentioned buying AUD/USD in pullbacks - do you have a short/medium-term target for that pair.
I suppose since it broke the resistance of 84.50-55 there is little chance of it returning back to that level or lower? Thanks.
Hope you are enjoying your vacation. How do you feel about that AUD/USD trade now that the resistance was broken? And are you still standing firm with 148.00 GBP/JPY target?
Also, are you still bearish overall, despite equities barely budging downward? And, do you think the China QFII quota being raised will lift China (and world) equities even more?
Thanks
Hope you are enjoying your vacation --- wanted to thank you for telling to "wait it out" on my long USD/CAD. I might not have, glad I did.
Short GBP/JPY for a target of 148 as you suggest -- I just hope the UK data this week doesn't come in better than expected to goof that up.
When would you thrown the towel in on a long USD/CAD. Thanks and enjoy! Please share where you are going if you are comfortable with that, just a curious person I am. I won't hunt you down, don't worry.
Unfortunately, on his own site, he yells and screams which I think can discredit him to some people but if you have some time, this is definitely worth listening to. I don't have a fact-checker for his statements but it sounds dead on. It's worth listening to, even if just to discredit the bears and me on how "ridiculous" and over-blown his statements are.
By the way, does anyone follow this guy?
http://www.garynull.org/wp-content/uploads/2009/08/GaryNullShow080309.mp3
Read this! Bank of Japan's positive tone may as well be the same as the Fed's rhetoric of a stabilizing economy - all to force those uninformed, distracted Americans who already have the wool pulled over their eye's, get completely suffocated on reality. The only thing stabilizing is the investors wallets with money in stocks and commodities. The number of "for rent" commercial real estate properties is growing by the day. I literally see this walking down the street. Granted NY got hit harder because of the loss of finance jobs, but consumers are spent, they're done! Citi and BoA are still sitting on so many potential (probable losses) and Meredith Whitney is talking about many more (I believe 300) bank failures. I wouldn't be surprised if this turns out to be a 10-year deflationary (hopefully not inflationary for me with dollars in US) depression.
Anyway Japan is advertising on TV, to their citizens to buy their debt. Just digging deeper into the hole.
I know less than anyone on this forum about the economy, etc.., I chose to be a health expert - as you are worthless without you health!
I wonder if Yen is appreciating because of those people who realize we're in no way shape or form in a stabilized place. The system may not collapse but...
http://www.telegraph.co.uk/finance/financetopics/recession/6065071/Japanese-turn-to-ads-to-sell-national-debt.-What-slogan-should-a-UK-campaign-use.html
Sorry to take up so much space, thanks for letting me vent a bit.
Anyway - I'm here now to say CONGRATULATIONS Ashraf!!! "Educator of the Month" of FXstreet!
Thanks for everything Ashraf and enjoy the rest of your weekend!