The Law of Unintended Consequences..
Started by
SemiBizz
, Aug 15 2007 04:00 PM
4 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 15 August 2007 - 04:00 PM
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
#2
sglasson
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Member
Posted 15 August 2007 - 04:07 PM
would also like to see the yen cooperate and turn south
#3
Cirrus
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Posted 15 August 2007 - 04:30 PM
I think the US dollar is due a nice IT rally. The macro economic trends that have caused the bear market in the dollar are still in place and showing no signs of a significant reversal. We export $30 billion a month just to buy petro products not to mention other goods.
#4
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 15 August 2007 - 05:02 PM
We could see a giant stakes game of chicken... Of course there's got to be a lot more pain in the equity market and panic to make it work, but basically the flight to the US $ is on... no matter what you think of it. And Burn-Yankee is doing nothing to stop the market slide, because it suits his purpose. We could see US $ Index back in the mid 80s in just days... then when he gets ready to cut, there will be a co-ordinated cut by all the central banks... and if they don't play nice - he raises and then it's game over... as that will spark a huge rally in 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
#5
skyymaster
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- Traders-Talk User
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Member
Posted 15 August 2007 - 05:15 PM
We could see a giant stakes game of chicken... Of course there's got to be a lot more pain in the equity market and panic to make it work, but basically the flight to the US $ is on... no matter what you think of it. And Burn-Yankee is doing nothing to stop the market slide, because it suits his purpose. We could see US $ Index back in the mid 80s in just days... then when he gets ready to cut, there will be a co-ordinated cut by all the central banks... and if they don't play nice - he raises and then it's game over... as that will spark a huge rally in the US $.
Semi, the Market Clue info from ur previous post was excellent. Thanks for the heads up of what appears to be a strong possibility. It fits well with current environment.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
