Disliked{quote} Haha, thanks man. I really like that. It is so true. That cheered me upExcept for me, it's been more like fall down 70,000 times, stand up 70,001. LOL
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Fall down 7 times, Stand up 8.
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Geppy - Pick the bottom 18 replies
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Disliked{quote} Haha, thanks man. I really like that. It is so true. That cheered me upExcept for me, it's been more like fall down 70,000 times, stand up 70,001. LOL
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DislikedPlus, no offense bro, but you'd be stupid to argue with Geppy. He is the master of all masters. Just take a quick look at his history and it's hard to argue with that. Hell, this thread is even NAMED after him!I'll have some more thoughts coming soon... regarding actual GJ analysis.
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DislikedWonder if we'll start seeing UJ go down with EU, GU, AU, etc. Pretty sure this was happening more recently? Would love to see everything sell off hard and give really good entries on the yen pairs. One can dream. For now there seems to be a ton of buying interest in UJ.Ignored
DislikedAhhhh, well I'm expecting about a 100 point drop in the S&P sometime soon to 1600 level or so, so that would be awesomeIgnored
Disliked{quote} This could actually very well happen. I think 1600 is a perfect target. I trade the S&P a lot and today's action was pretty bearish (it kinda goes hand-in-hand with GJ... I actually use GJ as a leading indicator), I'm thinking it could be the start of a correction. We gave up 4 days worth of gains today. Plus there is huge put volume over call volume... Could even be the catalyst for an actual selloff and not just a correction if I am right that people are starting to think a little longer-term here. But if I am wrong about that, it would...Ignored
Disliked{quote} I found it hard to listen to the Emperor early into his first term. He is so facile and empty. Anyways, I do agree this market is getting top heavy. I have mentioned way back when that Geppy is a good proxy for the S&P although sometimes they to decouple. Personally, I think the short yen may get tired out for a while. It's down 10+% this year alone. The BoJ can only do so much, IMO. They can keep buying but the JGB risk of going haywire. I think central banks are bitting off a bit more than they can chew.Ignored