It's going to get very funny when intrest rates go to 20% again, I'll bet it will be the same people opening thread to complain about how their margin costs are killing them. LMAO
with recent developments in the housing market there, the AUD is the last place i want to be at 1.0550. http://globaleconomicanalysis.blogspot.com/2011/04/australian-home-sales-sink-luxury-units.html
Some people would complain if "you hung them with a new rope". Should we just man-up and accept, "the rope is new, so the noose is probably scratchy.. GET OVER IT"!
over 5000 posts and no brain, what can you do about it but to actually use the cord to hang yourself !
That's like the traders shorting EUR against USD and saying it can't go higher. And why would you wait until 1.0550 to get long AUD? You should have got in at 0.98 or below last year and have been collecting 4% interest in AUD for the past several months. In addition, you don't have to short USD against AUD. You can short JPY. Many say JPY is way too strong on a fundamental basis.
You're a JERK and an ASSHOLE. You obviously have nothing of value to add to this forum. You've indicated that anything you say will be a waste of time to read. ON IGNORE!!
Excellent point re price can always go higher. Be very careful shorting JPY - especially against one of the commodity currencies like AUD. Pull up a chart of AUD/JPY during the last major selloff and see what happens to EVERYBODY unwinding the carry trade at once.
Winnah!!!!!! But - you can take solace in the fact that your involuntary contribution is saving the Big Banks from their own folly. And saving Big Banker bonuses.