draw line from nov 8 to feb 7 to now.
Do you think that line will hold?
This stuff in the middle east has got Ben all riled up. His former allies are nowhere to be seen (the board bulls). One of them even turned traitor and went 200% short!
Ben is busy cranking the printing press. That is his only ally now.
If he has to, he will buy every Spoos offered so he doesn't look stupid to the American people and congress whom he said his objective is to GOOSE THE MARKETS.
look at the dollar
Started by
dcengr
, Feb 23 2011 03:50 PM
8 replies to this topic
#1
dcengr
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Posted 23 February 2011 - 03:50 PM
Qui custodiet ipsos custodes?
#2
SemiBizz
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Volume Dynamics Specialist
Posted 23 February 2011 - 04:07 PM
Trashing the dollar not doing too much for broad equity indices.
Doing a nice job for the metals and oil though.
Might help them jam the futures like last night.
But when this market opens, all bets are off.
Whoever is selling here, does not give a darn about the US$...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
fluid
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Posted 23 February 2011 - 04:07 PM
draw line from nov 8 to feb 7 to now.
Do you think that line will hold?
This stuff in the middle east has got Ben all riled up. His former allies are nowhere to be seen (the board bulls). One of them even turned traitor and went 200% short!
Ben is busy cranking the printing press. That is his only ally now.
If he has to, he will buy every Spoos offered so he doesn't look stupid to the American people and congress whom he said his objective is to GOOSE THE MARKETS.
I thought a weak dollar was suppposed to be bulllish for stocks? Wouldnt that be counter to yout positioning?
TIA>
#4
MikeyG
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Posted 23 February 2011 - 04:21 PM
Rotation was to oil and PM's...
Not the dollar, so liquidity is still there, tells me this is part of the topping process...
That being said, I think we could test the 50 day tomorrow or Friday before moving back up...
#5
dcengr
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Posted 23 February 2011 - 06:17 PM
draw line from nov 8 to feb 7 to now.
Do you think that line will hold?
This stuff in the middle east has got Ben all riled up. His former allies are nowhere to be seen (the board bulls). One of them even turned traitor and went 200% short!
Ben is busy cranking the printing press. That is his only ally now.
If he has to, he will buy every Spoos offered so he doesn't look stupid to the American people and congress whom he said his objective is to GOOSE THE MARKETS.
I thought a weak dollar was suppposed to be bulllish for stocks? Wouldnt that be counter to yout positioning?
TIA>
You still 200% short from 1320?
Yes its bullish for stocks.. I am 1000% long
Qui custodiet ipsos custodes?
#6
redfoliage2
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Posted 23 February 2011 - 07:23 PM
1000% long? Just wondering what make you so bullish now?draw line from nov 8 to feb 7 to now.
Do you think that line will hold?
This stuff in the middle east has got Ben all riled up. His former allies are nowhere to be seen (the board bulls). One of them even turned traitor and went 200% short!
Ben is busy cranking the printing press. That is his only ally now.
If he has to, he will buy every Spoos offered so he doesn't look stupid to the American people and congress whom he said his objective is to GOOSE THE MARKETS.
I thought a weak dollar was suppposed to be bulllish for stocks? Wouldnt that be counter to yout positioning?
TIA>
You still 200% short from 1320?
Yes its bullish for stocks.. I am 1000% long
#7
dcengr
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- Traders-Talk User
- 13,391 posts
Member
Posted 23 February 2011 - 08:34 PM
1000% long? Just wondering what make you so bullish now?draw line from nov 8 to feb 7 to now.
Do you think that line will hold?
This stuff in the middle east has got Ben all riled up. His former allies are nowhere to be seen (the board bulls). One of them even turned traitor and went 200% short!
Ben is busy cranking the printing press. That is his only ally now.
If he has to, he will buy every Spoos offered so he doesn't look stupid to the American people and congress whom he said his objective is to GOOSE THE MARKETS.
I thought a weak dollar was suppposed to be bulllish for stocks? Wouldnt that be counter to yout positioning?
TIA>
You still 200% short from 1320?
Yes its bullish for stocks.. I am 1000% long
Hmm I did post this thread saying dollar was about to take a crapper... and that was bullish for stocks..
Qui custodiet ipsos custodes?
#8
dcengr
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Posted 23 February 2011 - 09:19 PM
Qui custodiet ipsos custodes?
#9
dasein
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Posted 24 February 2011 - 04:01 AM
to me, that $ chart looks constructive - just shows how subjective this all is.
best,
klh
klh
