Remember 2008? Fed aggressively cuts interest rates in 0.5% chunks every month Oil goes to $150 Then everything collapsed 2011 Fed aggressively prints money oil goes to $115 Then everything collapsed 2012 February Fed aggressively prints money PLUS ECB aggressively prints money PLUS BoE aggressively prints money Oil is $110 and +10% for a week And next week another 1 trillion injection from ECB Wait till April and then buy September puts and you're rich in 3 months
Sorry to sound like Professor Dolittle --- does anyone really believe we'll be bulls all the way to August and then November? I'll add, there is very little real buying going on. Very light volume, and the accumulation of shares relative to price (accumulation/distribution) is VERY low.
im trading forex, im just a student at University studying something completely unrelated to finance/trading (pharmacy) so i'm not playing with large amounts of money, but im building short risk position by shorting eur/usd and going long usdcad in small chunks... so far its a red position but if we rollover within the next few weeks ill be happy and be able to pay a nice part of my tuition. what you guys think?
staffpro good USDX rally is coming ...once equities and euro tanks. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Check out EURAUD and EURNZD asap $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
I tend to agree with tenthousandmen. The market seems to be held up by styrofoam. I have some short positions that I would love to close out. How long do I have to wait? Grrr...