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- cougar73 commented Jun 20, 2013
Pumping easy money into the system, doesn't create jobs. It's just a tool the Fed has to keep a recession temporarily at bay. Eventually printing money (in order to devalue the USD and help out the US Exporters) always causes a recession. It has in ...
- cougar73 commented Apr 5, 2013
This is a diversion to take everyone's focus off of Europe. Check out the Euro zones PMI numbers. All countries are reporting a downtrend. Draghi said that the Cyprus 10% grab wasn't a template for what the others (Portugal, Ireland, Italy, Greece, ...
- cougar73 commented Feb 1, 2013
It's a manipulated figure...that gets revised every month...after it gets put out. If you're a short term day trader...don't trade into the NFP with a tight stop. Better yet, sit on the sidelines with your cash squared. If you're a position ...
- cougar73 commented Jan 30, 2013
Yeah...I'm sure that's why UJ is going down right now. They posted less that expected returns on both the Prelim Industrial Production and the Currency...and BOJ says this...and the Yen rises...UJ falls. Another example of the news being used to ...
- cougar73 commented Jan 8, 2013
The only question you need to ask is...is Long USD or Short USD a good play for today? If you're bullish on USD, then short the Euro and Pound. If you're bearish on USD, buy the Euro and Pound. Forex trading doesn't need to be more complex than that.
- cougar73 commented Dec 14, 2012
EU Spot is the biggest auction on the planet. And as long as it still goes up and down...we can still make money. If anyone playing intraday was watching EU not being able to close below the 1.3075 BigRoundNumber or the DailyPivot at 1.3071 on the ...
- cougar73 commented Nov 27, 2012
And with that bit of news EU should drop like a rock...instead...it stalls out above the S2 Pivot at 1.2916. Somebody in Tier1 is thinking this is a good time to buy.
- cougar73 commented Oct 23, 2012
I think my favorite Apple fires employees story, was from years ago when they got pink-slip crazy and accidentally laid off the guy who was writing the optimizing compiler for a soon to be announced Apple desktop unit. By the time they figured out ...
- cougar73 commented Oct 21, 2012
They are doing the best they can at inflating the problem away. Greece borrowed money they knew they could never repay, and Goldman Sachs cooked the books so the ECB was none the wiser. Now ECB sees what they were doing all along...as did Portugal, ...
- cougar73 commented Oct 19, 2012
But, think about where the rich assets in the country will be going. Not the Mom ans Pop on the street...but the Rich of Italy, Spain, and Portugal. Where will they put there money...and which currency will they want to invest in...during the ...
- cougar73 commented Oct 10, 2012
Yes, well, the Gov sets up a set of Bad Banks, and then transfers all of the underperforming loans to the Bad Bank. Go look in wikipedia for the Bad Bank model the Germans are using. The Gov owns the Bad Bank and the Citizens are the ones who get ...
- cougar73 commented Oct 10, 2012
17% of the remaining 3,855 is 655 Billion...larger than the entire original ESM. And it's going to be money that you pour down into a big empty hole that Portugal, Ireland, Italy, Greece, and Spain can never pay back...and they already know it. And ...
- cougar73 commented Oct 10, 2012
Sell 4.5 Trillion in what kind of assets? Bad debt assets? Imagine a barchart with two bars on it. One bar represents the European Stability Mechanism and it is 645 Billion USD (500 Billion Euros). The other bar in the barchart is 4,500 Billion USD. ...
- cougar73 commented Oct 9, 2012
Just another excuse to buy EURO on the dips. My charts went to 1.2905 before the Tier 1's thought that was a nice place to buy it.
- cougar73 commented Oct 2, 2012
After a nice rally, the Euro usually sells off after 11:15 AM here in the Eastern US. If you want to buy this pig on the dips...wait until Tokyo and Singapore come online. Doesn't always work...but then again...what does?
- cougar73 commented Sep 28, 2012
Meanwhile the Euro has stopped going up and now is a good time to short it.
- cougar73 commented Sep 20, 2012
Confidence goes down and the Euro goes up...yeah that makes sense...any news is a good reason to push the Euro up.
- cougar73 commented Sep 7, 2012
The Yields dropped...because the PRICE went up. They're inverse to each other. PRCE went up because ECB says they'll BUY everything in unlimited quantities. The only problem is that the German taxpayers (by proxy) are the only ones doing the buying.
- cougar73 commented Sep 6, 2012
Ummm... To make the Euro go up. There is a Daily EU Price Flip at 1.2560. Go look at a Daily chart and plot a line at 1.2560. Price reacts very strongly at that level. The Dip this morning went to 1.2560...and then started its climb.
- cougar73 commented Sep 6, 2012
The SNB is long HUGE amounts of Euro. The only way it can get rid of it is to sell it when it's higher. Easiest way to make it go higher is to sell USD in coordination with the FED...who also wants the USD to go lower ('cause it's good for US ...