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    IMF Chief Proposes New Reserve Currency to Replace Dollar

    I have very strong European roots. See above post. I am only trying to discuss objectively the world moneyflows and apologize if I wandered off base. I would like facts and well thought out discussion. In all my cycnicism I hope to bring and gain some understanding so that I and those...
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    IMF Chief Proposes New Reserve Currency to Replace Dollar

    I am a trader. I am interested in the flow of money. I tried to provide some background information to fill out the discussion. I welcome your analyses of these other countries. It would help everyone understand the money flows. Rather than just take issue please add to the discussion. I...
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    IMF Chief Proposes New Reserve Currency to Replace Dollar

    Yes that may be true that the US has debt but let's be logical here. The US rolled 8.2 TRILLION out to support the GLOBAL financial structure as the world's reserve currency and largest economy it was imperative lest a full scale meltdown allow the world to spiral into a horrific deflationary...
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    Fair enough. In fact I think we might be in for a bounce before the trounce as well. It's all good---just business so they say.
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    You must be one of those brilliant economists like Greenspan. He is brilliant and yet f*#ked up huge even by his own admission. He has said in so many words. I failed. So for the record are you short the pound long the USD or not so we can keep track.
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    O.K. Do not short the pound. My lack of understanding perhaps helps me. Trading is simple. I was trying to be nice. You can have the other side of my trade. Are we good on that for the record.
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    Obvious Prediction: Powerful Seller Returns Next Week

    http://charts3.barchart.com/chart.asp?sym=%24INX&data=H http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y We are in a trading range between 1130 and 1050. We formed a bearish doji on the monthly. The P & F chart clearly shows we did not break support...
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    off charts.gif This clearly illustrates why the Pound is overvalued due to that drastic drop in exports from Britian. It also shows why the Yuan/Remnibi is undervalued. These figures are based in USD. You can trade currencies off this chart. Short the Pound.
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    IMF Chief Proposes New Reserve Currency to Replace Dollar

    Dominique Strauss-Kahn, often referred to as DSK, (born 25 April 1949 in Neuilly-sur-Seine, Hauts-de-Seine) is a French economist, lawyer, and politician, member of the Socialist Party (PS). He was selected as the new Managing Director of the International Monetary Fund (IMF) on 28 September...
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    Easiest trade in today's market. Here's a gift-----short the pound!!! For retail investors the symbol is FXB. Cheers!!! This round of drinks is on England. Hip, hip, hoorah!!!
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    Old merry England, eh? Um let say you actually have money and trade. Where you gonna put your money. Pound or USD. Have a looksie at this chart. Remember the markets discount for the future. So What is this saying about England...
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    Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

    A couple years ago 2008 I spent a month touring Europe. Luckily I had accumulated Euros and spent the bulk of them at the peak. The worst was running into Brits who couldn't wait to fill me with crap talk about how f#+ked the US was and how they were golden, blah, blah, blah. I was...
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    Forum Sponsor Trade Journal

    No offense but these trades were called ahead of time or in real time just look at the thread. A lot of points. http://www.elitetrader.com/vb/showthread.php?s=&threadid=191975 Nothing for sale. Enough substance for anyone with the gumption to start figuring stuff out. Cheers:)
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    SPOOS Target Prices daily/weekly/monthly

    I could talk about a lot of trading issues but suffice it to say the market is at a crossroads. Bull/Bear stalemate at present wedged up into the 50d ma on the daily. I feel like the market needs to breakdown, however, on the PIGS and Greece news, poor CCI, poor housing, and other dire...
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    SPOOS Target Prices daily/weekly/monthly

    Morning Recap: Short at 1105 cover at 1102.5---zero line. Price again barely tapped 1105 again once then made its way again to the "Zero line" Better to take profits than turn it into a loser. Price is going up again. Need to establish a lower high and direction although today is a...
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    SPOOS Target Prices daily/weekly/monthly

    Why? We bounced off the "Zero line" Better to take profits than turn it into a loser. Price is going up again. Need to establish a lower high and direction although today is a rotational day as expected. The best trade would have been the buy at 9:06am.
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    SPOOS Target Prices daily/weekly/monthly

    Take 2.5 pt profit at 1102.5 Now FLAT again
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    SPOOS Target Prices daily/weekly/monthly

    Short 1105 Stop 1109 Todays target 1196 May hold over the weekend depending on price action
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    SPOOS Target Prices daily/weekly/monthly

    Friday 2/26/10 no trades this am. FLAT Of note 1099.5 was the pivot low for the open. New numbers for today since overnight session H 1107.50 L 1095.0 C 1099.5
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    Buffett's Partner: 'It's Over' for U.S. Economy

    I guess that's why the short sale rule was implemented. We're gonna ride this sucker into the dirt. All proceeds will be used immediately at days end to buy hard commodities for barter. Right now land, a munitions depot, an energy source (gravity fed water wheels come to mind, wind, solar...
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