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I'll take the other side of your trades any day. You go be long EUR/USD all the way down to parity. Yours, your amount. And yes. The current president of Iran is an idiot. I don't have a problem saying that.

Principally because: 1. Interest rate differential between US and EUR keeps increasing, and is likely to increase more. 2. Intermediate downtrend since EUR 1.30 or so with really strong support in the 1.19 range just taken out today. 3. Can't be a dollar bear all your life! 4...

oh come on. Considering that the new president in Iran is causing a massive flight of capital from the country and a near widespread economic disaster, I wouldn't be suprised if the inept iranian government decided to be paid in a currently depreciating currency. It would be par for the...

Actually, wage price decreases = deflation. (destruction of wealth & concentration in only those who have the highest amount)

Well, when I called the 'top', I was only about a year off. Not one of my better calls . Anecdotal report - 2 million plus USD trophy property in FL which was listed high one month ago and now reduced $400K has YET to have anyone look at it. Granted, there's a limited market, but it doesn't...

Yeah, baby... The BRIC can complain all they want, but the US runs the game, and isn't likely to roll over and play dead. If we can't keep ourselves doing well, we'll just stop the game - and nobody will like that very much. These southamerica threads are a waste of time. I would prefer...

Wow... when I said you could call me full of crap, I didn't expect the thread to become a discussion on chinese defecation habits. Won't bring up that topic again! to hook - yes, you cannot predict the unpredictable. But think back to the '87 crash, and the mini crash back in 90. If...

This is an interesting question. I wish that I had an answer, although if you look at who holds the derivative portfolios, you would not be suprised (JPM & Citibank). If those two go under I would expect you're going to be in a lot worse shape simply because that would be akin to wiping out...

I'm in the 1-6 month time frame for many of my plays, with some of them potentially lasting for as long as the trend looks like its going to be viable. I would have no problem with holding a particular position for 1-2 yrs if it made sense. More than that I find difficult to reason. Keep...

Buy some here, wait for confirmation. Trade small to avoid bogus stops. Dow under 9800 yields truth of the matter if it happens.

My understanding of the whole China situation is that the country needs to build an equivalent of a major US city on a monthly basis or so to accommodate its population. China's demand for building materials is important because of a massive need to house its population. Increasing wealth in...

Yes, you're quite right. I concur.

Short bonds baby... that's the bernake play.

I enjoy writing on ET - it really helps me to crystallize my thoughts by putting them down on the BBS. I've been posting about 18 months now, and I've come a long way in my thoughts, done some serious reading, and am trying to formulate a plausible long-term macro view to guide my trading...

I wholeheartedly agree with this statement. While I'm tempted to be a bit of a permabear, I know factually that the likelihood of continued investment growth is reasonable. This is particularly considering 1) global expansion of world markets through new consumers entering via the...

Victor's a cool guy & all that, but while I think he gets the award for most resilient, I would rather have someone like Ed Sekoyta or PTJ mentor me since I think I would learn the most about succeeding from them. Victor can teach anyone a lot about stick-to-it-ness and never say die, but I'd...

no, since: 1.) Interest rates on those homes will rise to prohibitive levels 2.) REIT dividend payouts will seem anemic relative to bank deposits 3.) Why spend your $$ on a non-appreciating asset when you can buy into the equity market, designed to outpace inflation, with 100%up room to...

Bernake's focus seems to be on DEFLATION, not inflation. See his famous "helicopter" speech (probably a term more accurately attributed to M.Friedman, but he's stuck with it) Suggests to me that long term fed policy will now be: 1. USD weak 2. Increased short and long term interest...

This post misses an important point about system testing. You can over-optimize any system to within an inch of its life and tweak out the last 0.001% of profitability. And then go & try to trade it - it falls flat on its face. Also, to increase profitability, just increase the length of...

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh81992_2005-10-20_22-12-56_n20330212_newsml "Earlier this week, home builder NVR Inc.(NVR.A: Quote, Profile, Research) reported quarterly earnings that missed Wall Street's projections, blaming it on the weak Washington...