can anyone tell me what scenario/count would have to exist to get the dollar going a lot higher? I still expect 117 minimum in eurusd, which isnt asking too much given europe.
Macro Thoughts on Galloping Gertie Syndrom
Started by
stubaby
, Apr 22 2011 05:01 PM
26 replies to this topic
#22
senorBS
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Posted 11 May 2011 - 09:05 AM
you long usd amigo?
long YCS and EUO, so si I am long the dollar
NO BS
Senor
#23
senorBS
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Posted 11 May 2011 - 09:07 AM
Senor, do you think it is headed significantly above 78? Just curious.
don't know but I think it's at least going that high, that bueno enough for me. I will reevaluate assuming it gets to that level.
Senor
#24
senorBS
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Posted 11 May 2011 - 09:08 AM
can anyone tell me what scenario/count would have to exist to get the dollar going a lot higher? I still expect 117 minimum in eurusd, which isnt asking too much given europe.
more buyers than sellers, looking for "reasons' does not work for me, following the charts does
Senor
#25
dougie
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Posted 11 May 2011 - 02:05 PM
dollar signalling uptrend intact today
meanwhile miners have gone nowhere in 3 1/2 years
amazing
#26
senorBS
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Posted 11 May 2011 - 03:54 PM
dollar signalling uptrend intact today
meanwhile miners have gone nowhere in 3 1/2 years
amazing
that is why I have tried to stress that miners are great for swing or intermediate term trading but not for buy and hold like one has been able to do in gold itself so far. You could easily see the HU decline to low 435 or lower.
NO BS
Senor
#27
dougie
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Posted 11 May 2011 - 06:52 PM
435 area would be just a 28% retrae so yes
course the area we are in here is also reasonable point to bounce
