Search results

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3023276>

I am keeping Long position open.

Herds keep bidding this market up. DB (aka The Oracle) says the herd is dumb, because markets will soon sell off. Yet all this time it is the herd that is making money, whilst The Oracle keeps getting stopped out. I tell you, I would rather be dumb & right, rather than smart & wrong.

http://www.marketoracle.co.uk/Article24643.html

Something to consider. Re: wikileaks & a major bank info to be revealed. http://www.marketoracle.co.uk/Article24643.html

For instance: In the UK we have X Factor. Some folks got together via Facebook to keep one loser in the contest by voting him in no matter how bad he sings and succeeded to keep him in for quite a few weeks. But when British Gas raises prices by 7% nobody does anything. So what does that tell...

Unfortunately, an overwhelming majority of Americans are dumb and/or gullible folk, same goes for majority of Brits, Europeans, Russians & Marsians. Therefore, Wikileaks is a terrorist organisation. Who cares anyway? Nuke 'em!!! :eek:

I don't use it for trading. But I do reference its weekly patterns. Prior to the flash crash I posted on another forum that it wasn't a good idea to be long equities because weekly TICK pattern was very bearish (second peak in histogram was tiny - a sign of weakness), shortly afterwards there...

I didn't imply that gold ought to downtrend (retrace perhaps), so no disagreement there. But 'Dollar down' is what I opposed. Secondly there is no deflation in housing. The housing bubble has popped, just like .com did, just like Japan's bubbles burst. But that doesn't constitute deflation...

Hold on there matey, it wouldn't take 'much' for Dollar to strengthen. For instance - further QE in Europe as bailout of PiIgBS (B 4 Belgium) is estimated to be well over 1.5 trillion Euros (around 2t US). Then we have Korea conflict - cash is King. Technically USD is in a pennant with above...

Possible. But I would be more interested in an IHS as trend is up & I haven't read anything that would suggest end of this long term uptrend.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3021937>

1.3 is midpoint of EURUSD saga

<img src=http://www.marketoracle.co.uk/images/2010/Nov/Sovereign-Debt-Default-Analysis.gif>

Eurozone

Buy on 10m edit - negated

L1,188.5 sl1,170

"The graph below is a long term index of 12 emerging market currencies priced in Yen terms. Is it bottoming? Well, I would like to think so. I sincerely think that the Yen crosses are unlikely to go any lower and that the next big move will be to the upside. It is interesting to note that the...

Looking to buy NQ.

NFP next week.