THE SHELL GAME
#1
Posted 31 January 2007 - 06:58 PM
#2
Posted 31 January 2007 - 07:15 PM
#3
Posted 31 January 2007 - 07:33 PM
#4
Posted 31 January 2007 - 08:23 PM
Edited by dasein, 31 January 2007 - 08:24 PM.
klh
#5
Posted 31 January 2007 - 08:46 PM
although the debt we are serviceing makes short the dollar the obvious move, chartwise it looks more like a bottom formation if you look at the weeklies in JPY, CHF, EUR...
Dasein, I had the same confusion and my conclusion was the dollar must be bottoming, the liquidity is already drying. I think an extended decline in the USD from these levels might occur if the other central banks do not play along with the Fed's inflation game and force them to raise into the slowing US economy, it wouldn't be fun...
- kisa
Edited by kisacik, 31 January 2007 - 08:52 PM.
#6
Posted 31 January 2007 - 10:04 PM
#7
Posted 31 January 2007 - 10:19 PM
#8
Posted 01 February 2007 - 02:25 AM
shell game????........sounds like a complaint......:>)
Not at all... I just explain why "da-bull" sounds like a hog. Next time you have to add "honk-honk" at the end of your comments.
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RE: drinking.
He-he-he.... I'm not such a strong drinker. Very little practice in it....
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RE: open interest, correction.
Kisa, I think it will happen next quarter.
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RE: dollar-stocks relationship.
Well, dasein... I really don't care what dropped first. The result is clear: American Stock Market won as much as American Dollar lost. Here is my early comment on this.
#9
Posted 01 February 2007 - 08:51 AM
klh
#10
Posted 01 February 2007 - 09:00 AM
Hey Karen, no doubt, and I shudder to think about deflation. Not saying it's around the corner but rising rates = indeed not pretty.Dasein: when you look at stocks vs US debt since 82, they seem closely related
Best,
Doug