Market refuses to go down

Discussion in 'Trading' started by detective, Aug 27, 2009.

  1. Mvic

    Mvic

    Don't know about the second half of your post but the 1st half sounds right.
     
    #71     Sep 11, 2009
  2. Oh brother.
     
    #72     Sep 11, 2009
  3. Mvic

    Mvic

    If the USD loses 3% over the weekend where do you think we open Monday?
     
    #73     Sep 11, 2009
  4. quite right. They are very distorted and may well be for a while.

    But gold should stay bid as the printing press rolls on.
     
    #74     Sep 11, 2009
  5. you are not my brother and you never called a top in your life!
     
    #75     Sep 11, 2009
  6. S2007S

    S2007S


    gold no doubt rises at least 5% and equity markets lose close to 2%
     
    #76     Sep 11, 2009
  7. Your right never want to call a top or bottom, I'll just pull from the middle.

    You will learn how risky it is to call tops and bottoms.
     
    #77     Sep 11, 2009
  8. Every bear needs to read what this guys talks about. He will keep you shorting and that will provide the fuel nessary to keep pushing the market higher


    http://market-ticker.org/
     
    #78     Sep 11, 2009
  9. Would you mind letting us know what you see that allows you to make this call?
     
    #79     Sep 11, 2009
  10. Mvic

    Mvic

    Disagree, should be good for gold but even better for equities, especially tech. Gold is an OK hedge but people need to park money in something that throws off income and global tech does. A lower USD means higher profits when repatriated in USDs or lower cost of exports and simple asset price appreciation due to lower currency denomination, the essence of this current stage of the bear market rally.
     
    #80     Sep 11, 2009