sell! sell! sell!

[Dawoofdaddy]

I dont think we have anyone trading currencies here, but if so, realize the short usd trade has become very crowded and markets dont go one direction day after day for long periods of time.

A short term dollar bounce would not at all surprise me the next couple weeks.

 

[tiznow]

I dont think we have anyone trading currencies here, but if so, realize the short usd trade has become very crowded and markets dont go one direction day after day for long periods of time.

A short term dollar bounce would not at all surprise me the next couple weeks.

dollar bounce should coincide with tankage on overall markets

 

[tiznow]

asia not looking too hot right now

ron paul money bomb and major tankage on markets in same day? :think2:

 

[VaultedTreehouse]

Nice effort on that Citi balance sheet boys...A documentary about you will be in the works soon!!

 

[Dawoofdaddy]

Dont get too excited today bears...I see a snake in the weeds this morning and expecting market to rally.

I went long xlf at 9:40 am for a daytrade.

 

[cussin'it]

That's the spirit! Bear hunting season just beginning. Haircuts for everyone to start the day, makes for a nice buying discount early on.

 

[Dawoofdaddy]

Booked a small profit with xlf trade.

Its Monday and the time change has me feeling tired this morning.

:aktion033

 

[VaultedTreehouse]

When supermodels like Giselle refuse to be paid in dollars anymore, I wonder what that means. She's no MIT professor, yet she can do the math that so many on this board can't.

 

[cussin'it]

When supermodels like Giselle refuse to be paid in dollars anymore, I wonder what that means. She's no MIT professor, yet she can do the math that so many on this board can't.

May not be such a wise move in the short term. Dollar should rebound over the next few weeks or so.

 

[VaultedTreehouse]

May not be such a wise move in the short term. Dollar should rebound over the next few weeks or so.

Longterm it sure is.

Plus the "dollar bounce" people have been expecting was talked about at 1.38 and ever since and it just hasn't materialized....in the least.

 

[tiznow]

Booked a small profit with xlf trade.

Its Monday and the time change has me feeling tired this morning.

:aktion033

good thing you got out early :toast:

definitely not a market you want to be heavy on the long side for an extended period of time as could go belly up at any moment

only smart way to play the long side right now is like you short term trades

 

[VaultedTreehouse]

Even a melt up caused by a toilet paper dollar can't save the Citi's of the world where basically fraud occurred. Notice gold still goes up today, anyway? No inflation here.

 

[Romanowski]

VT are you planning on moving for the country at some point?

I dont think people who know diss you just because, its how certain few can misinterpret the data you present.

The currency is the country in essence, if you lose faith in the currency the country will die

 

[tiznow]

daily chart double bottom short squeeze in progress

how many times have i seen this before

shorts/bears just have no conviction been raped way too many times

all will be gone soon enough

 

[VaultedTreehouse]

VT are you planning on moving for the country at some point?

I dont think people who know diss you just because, its how certain few can misinterpret the data you present.

The currency is the country in essence, if you lose faith in the currency the country will die

I have no idea if this is a shot or not?

I love this country, that's why I'm sad about the direction of our underlying economy and the policy makers in particular....You are astute to realize a currency is a good guage of a country.

What I'll say is so far the people on the bearish inflationary side of the fence in here have been correct. Plain and simple, we were discussing this when the Euro was 1.33(not even using a currency basket) in August and now it is 1.45. That's a whole 3 months when you have also seen gold go from the low 600's to over 800. These things simply haven't happened in the past....Plus, seeing oil at 95 dollars after it was under 70 back then simply put shows that inflation is rampant. These are enormous moves in a short period of time. How can the other crew claim victory? B/c our GDP went up? Which begs the question of why you would cut rates at a 3.9% growth clip? Or why you would bail out every homeowner who took a poor ARM loan and penalize those who took a fixed. This is not about being pessimistic, its about being realistic. I haven't been negative on the market long term until a few years ago....End of the day, I hope I am wrong. Why that makes me, or Tiz, or Woof a negative person I am not quite clear on.

 

[BASEHEAD]

Despite Citi the market is still going to pull itself out of the muck today...lol.

 

[tiznow]

I have no idea if this is a shot or not?

I love this country, that's why I'm sad about the direction of our underlying economy and the policy makers in particular....You are astute to realize a currency is a good guage of a country.

What I'll say is so far the people on the bearish inflationary side of the fence in here have been correct. Plain and simple, we were discussing this when the Euro was 1.33(not even using a currency basket) in August and now it is 1.45. That's a whole 3 months when you have also seen gold go from the low 600's to over 800. These things simply haven't happened in the past....Plus, seeing oil at 95 dollars after it was under 70 back then simply put shows that inflation is rampant. These are enormous moves in a short period of time. How can the other crew claim victory? B/c our GDP went up? Which begs the question of why you would cut rates at a 3.9% growth clip? Or why you would bail out every homeowner who took a poor ARM loan and penalize those who took a fixed. This is not about being pessimistic, its about being realistic. I haven't been negative on the market long term until a few years ago....End of the day, I hope I am wrong. Why that makes me, or Tiz, or Woof a negative person I am not quite clear on.

how can you support rudy :think2:

authortarian, national IDs just fine, internet regulation just fine, gun grabber, the list goes on and on

his style might work okay at the local mayoral level in a city like new york

but at the federal level he's one scary mofo to me

and in the end he doesn't really truly understand the underlying economic issues

 

[tiznow]

Despite Citi the market is still going to pull itself out of the muck today...lol.

came back to close the daily gap down, now turning back down some

alot of technical trading going on today seems like to me, but what's new

 

[BASEHEAD]

I have no idea if this is a shot or not?

I love this country, that's why I'm sad about the direction of our underlying economy and the policy makers in particular....You are astute to realize a currency is a good guage of a country.

What I'll say is so far the people on the bearish inflationary side of the fence in here have been correct. Plain and simple, we were discussing this when the Euro was 1.33(not even using a currency basket) in August and now it is 1.45. That's a whole 3 months when you have also seen gold go from the low 600's to over 800. These things simply haven't happened in the past....Plus, seeing oil at 95 dollars after it was under 70 back then simply put shows that inflation is rampant. These are enormous moves in a short period of time. How can the other crew claim victory? B/c our GDP went up? Which begs the question of why you would cut rates at a 3.9% growth clip? Or why you would bail out every homeowner who took a poor ARM loan and penalize those who took a fixed. This is not about being pessimistic, its about being realistic. I haven't been negative on the market long term until a few years ago....End of the day, I hope I am wrong. Why that makes me, or Tiz, or Woof a negative person I am not quite clear on.

Rate cuts were proactive not reactive (looking foward-not backward) and the reason you are made out to look like the 'bad guys' so to speak it that you seem to take solice in the unfortunate circumstances that have arisen,even as you guys claim to be cleaning up.Go figure.

We all can win.

I think Ive asked this before-where do you guys think this ends when the bottom falls out?

 

[tiznow]

Rate cuts were proactive not reactive (looking foward-not backward) and the reason you are made out to look like the 'bad guys' so to speak it that you seem to take solice in the unfortunate circumstances that have arisen,even as you guys claim to be cleaning up.Go figure.

We all can win.

I think Ive asked this before-where do you guys think this ends when the bottom falls out?

ends as in a number on markets? I dunno

what you mean by end

recession on the horizon is of high probability, the question is how bad is it gonna be, holiday shopping should tell the story, think retailers in for a very tough holiday season

plus we got gas at the pump prices starting to catch up to oil, back up to 3 bucks a gallon average nationwide

all i do is eat, drive a car, pay rent, pay taxes, pay fees, pay insurance, pay utility bills, the necessisties (well minus the taxes :lolBIG as well as the vices of smokes and alcohol and i see for damn sure inflation hitting my pocketbook