13 replies to this topic

[NAV]

2003 - Both DOW and Bovespa (Brazil) were at 8000 2007 - DOW 14000, Bovespa 61,000 The sucker is moving at 1500+ points per day. What the...? My obsession with the "Emerging Disasters" continues....

Edited by NAV, 27 September 2007 - 10:53 PM.

[Mtrader]

This is what happens when they devalued their currency. US is next, 25k is a reality.

[Rogerdodger]

shanghais so called parabolic, was justa taste....
a 3rd wave blast may be getting started

Edited by Rogerdodger, 27 September 2007 - 11:12 PM.

[vitaminm]

ewz

http://finance.yahoo.....p;c=ewz,^GSPC

Dec 07 EWZXO.X 5.40 1.20 5.10 5.70 5 971 put

[NAV]

This is what happens when they devalued their currency.

The brazilian "Real" has been actually appreciating vis-a-vis the Dollar. So is the Rupee in India. It's because of the massive dollar inflows into these countires. Now that poses a big problem to these export oriented economies, if their local currencies appreciate agianst the Dollar.

So what do the central banks do ? They mop up the excess dollars in the system by selling the local currency, thereby creating huge amounts liquidity in local currency. That excess liquidity gets pushed into the stock market. As i have said many times before, these rallies are nothing more than repricing of assets relative to liquidity levels.

ewz

http://finance.yahoo.....p;c=ewz,^GSPC

Dec 07 EWZXO.X 5.40 1.20 5.10 5.70 5 971 put

vitaminm,

Most of your posts are out of context and i just don't understnad what you are trying to say.

[da_cheif]

2003 - Both DOW and Bovespa (Brazil) were at 8000
2007 - DOW 14000, Bovespa 61,000

The sucker is moving at 1500+ points per day. What the...?

My obsession with the "Emerging Disasters" continues....

have u forgotten......its called the "epicenter of primary wave 3 up"....or as rn elliot called it ...."the recognition wave".....recognition of free enterprise sweeping the globe.........i saw it all coming in the early 80.s........the hot part is ded ahead.......the dow divisor is now a multiplier.......what you are going to witness in the months ahead will be breathtaking.......fear of heights will rise dramaticly..........nose bleeds all over the place.......the words bubble, tulip mania etc etc will blind investors to whats really unfolding...... .......lookit tha hang seng......watch the nikie........watch the naz.....the amex isnt wasting any time........a puny 5 years ago most laft at the thought of what is now unfolding before our very eyes.........

[Rogerdodger]

As I said:

Feb 14 2007,
Cheif, if you are right, (and so far who could argue) can we change your name to...
Da King!
or as you would spell it:

Da Knig!

[jack]

ewz

http://finance.yahoo.....p;c=ewz,^GSPC

Dec 07 EWZXO.X 5.40 1.20 5.10 5.70 5 971 put

I think vitaminm may be suggesting it is time to short the Brazilian market?

[da_cheif]

As I said:

Feb 14 2007,
Cheif, if you are right, (and so far who could argue) can we change your name to...
Da King!
or as you would spell it:

Da Knig!

uhhhh.....we dont use the K word around here......Knig??????

[Tor]

This is what happens when they devalued their currency.

The brazilian "Real" has been actually appreciating vis-a-vis the Dollar. So is the Rupee in India. It's because of the massive dollar inflows into these countires. Now that poses a big problem to these export oriented economies, if their local currencies appreciate agianst the Dollar.

So what do the central banks do ? They mop up the excess dollars in the system by selling the local currency, thereby creating huge amounts liquidity in local currency. That excess liquidity gets pushed into the stock market. As i have said many times before, these rallies are nothing more than repricing of assets relative to liquidity levels.

ewz

http://finance.yahoo.....p;c=ewz,^GSPC

Dec 07 EWZXO.X 5.40 1.20 5.10 5.70 5 971 put

vitaminm,

Most of your posts are out of context and i just don't understnad what you are trying to say.

thats interesting nav. thanks.