If it dont hold....LOB, most likely in hurry...
Copper taking aim on $3 again
Started by
K Wave
, Jul 09 2013 09:45 AM
7 replies to this topic
#1
K Wave
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Posted 09 July 2013 - 09:45 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2
ogm
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Posted 09 July 2013 - 09:46 AM
I think this time it will take it out. And dollar is about to burst higher.
Long dollar, short copper.
#3
K Wave
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Posted 09 July 2013 - 09:49 AM
I think this time it will take it out. And dollar is about to burst higher.
Long dollar, short copper.
YEP, SPX is child's play compared to the action in the currencies already this year, and Uncle Buck is just clearing the launch pad now....
Edited by K Wave, 09 July 2013 - 09:49 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
PrintFaster
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Posted 09 July 2013 - 09:54 AM
King Dollar on a roll, as well as XRT and XLY, which are now up a world record 10 consecutive trading days.
Global investors have the ultimate faith in the power of the U.S. Consumer to pull the rest of the world out of a recession.
#5
PrintFaster
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Posted 09 July 2013 - 09:56 AM
FDX up 7%, holy cow!!
#6
K Wave
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Posted 09 July 2013 - 09:57 AM
Swiss France looks ready get creamed after making secular panic high in 2011...once Uncle Buck clears 98 (possibly later today), Swiss should get destroyed...
Now that banking secrecy is dead, who really needs the Swiss, or their currency anymore....
Now that banking secrecy is dead, who really needs the Swiss, or their currency anymore....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#7
PrintFaster
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Posted 09 July 2013 - 10:04 AM
This pretty much says it all about the global recovery.
Investors are dumping all currencies and buying dollars had over fist in order to invest in U.S. blue chip stocks which are the most closely tied to economic recovery.
[attachment=21187:ups0709.png]
#8
ogm
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Posted 09 July 2013 - 10:28 AM
This pretty much says it all about the global recovery.
Investors are dumping all currencies and buying dollars had over fist in order to invest in U.S. blue chip stocks which are the most closely tied to economic recovery.
Economic "recovery" 5 years after the recession. I think its time to stop using the "recovery" word. Economy is crappy , slow and weak, and its not going to get any better for many many years to come. "Investors" will be disappointed.
The rest of the world is getting weaker, and rising dollar will hurt multinational profits.
US consumer with their part time McDonnalds jobs will not pull it out.
Edited by ogm, 09 July 2013 - 10:33 AM.
