New Zealand Dollar Drops After Central Bank Sells Currency - where is George Soros ?

Quote from pqt:

It better happens soon...
The longer he takes to back up his words and timid warning shot, the higher the risk the savage will perceive him as a spineless wimp and beat down the hatch and rape n burn everything in sight!

In otherwords, you're short and you need him to come to the rescue :)
 
Quote from pqt:

It better happens soon...
The longer he takes to back up his words and timid warning shot, the higher the risk the savage will perceive him as a spineless wimp and beat down the hatch and rape n burn everything in sight!

Now don't hold back pqt.
Tell us what you really think and feel.
 
Quote from fearless9:

Now don't hold back pqt.
Tell us what you really think and feel.
You must have an idea of what I feel :p
My point is someone in his position should think twice b4 putting his foot in his mouth if he doesn't have the MEANS or the BALLS to back it up.
Now, what I THINK is that he is absolutely right in the assessing of the value of the kiwi, but in taking half-hearted (so far) action, he is meddling foolishly with the market instead of letting the players duke it out. In doing so, he is needlessly muddling the waters and hence my criticism (if not of the global community).
But nowadays, maybe credibilty doesn't mean much anymore...
 
Quote from Ivanovich:

1. It depends on how you define small player. I have a mid level 6 figure account. I have been on this site for a long time, any of the traders who have been here for several years can attest to what type of trader I am. I would be willing to bet they would find you rather amusing.

2. My response to your call? My response is that your call looks bad. NZD just went south. I win. By the way, have you gotten stopped out yet, or are you one of those tough guys that doesn't use stops?

3. A million USD into a bet with an unknown trader from the internet? No, I wouldn't and couldn't do that. But neither can or would you. You're just a blowhard.

4. (I added a "4"). You have on your profile that your occupation is "Hedgfundmanager". I think that is the most amusing thing I've heard in the last week!
Bye now.

Sorry for not responding to your insult. Next time if you are answering to professionals in the industry you will name me "Sir", O.K. ? And by the way :
if your account is an "impressive" 6 figure number : learn how to make it a 7 digit number and talk to me again ! Have fun !
 
Quote from pqt:

You must have an idea of what I feel :p
My point is someone in his position should think twice b4 putting his foot in his mouth if he doesn't have the MEANS or the BALLS to back it up.
Now, what I THINK is that he is absolutely right in the assessing of the value of the kiwi, but in taking half-hearted (so far) action, he is meddling foolishly with the market instead of letting the players duke it out. In doing so, he is needlessly muddling the waters and hence my criticism (if not of the global community).
But nowadays, maybe credibilty doesn't mean much anymore...

Lesson one : NEVER trust a Central Banker. :D
 
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