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- flyingiguana commented Sep 29, 2012
taxes are gonna have to rise at some point. the only ways around this are increases in productivity, population increases or inflation (which is a tax in itself)
- flyingiguana commented Sep 28, 2012
spain leaving would cost too much. i wouldnt be surprised to see one or more of the stronger northern countries leave (not talking germany).
- flyingiguana commented Sep 21, 2012
i'm waiting until 1.35 to even consider any longer term shorts.
- flyingiguana commented Sep 19, 2012
1.35 is where i'm looking for it to go. i'd rather not short at this point just in case there's one last risk-on rally before the election.
- flyingiguana commented Sep 15, 2012
he was calling for a short-term rally the past few months...
- flyingiguana commented Sep 12, 2012
it would be retarded to blow their load at this point. after the elections when economic data worsens is when they'll need to use the ammunition. i'd expect QE3a before year end then QE3b in the spring.
- flyingiguana commented Sep 12, 2012
we still got like 30 hours
- flyingiguana commented Sep 11, 2012
Bernanke is gonna want to show that he has a loaded gun, but he doesn't want to fire just yet.
- flyingiguana commented Sep 9, 2012
maybe europe can be setup like pro sports. have the pro's with germany and other northern countries. then have the minors with all the troubled countries.
- flyingiguana commented Sep 1, 2012
QE helps keep a floor on the market and the economy. I don't think we need pro-growth fiscal policy and given debt levels there isn't much more that can be done on the fiscal side. sure more public debt will help aggregate demand, but the government ...
- flyingiguana commented Aug 23, 2012
i thought the god of economics was ludwig von mises
- flyingiguana commented Aug 19, 2012
reporters shouldn't be too positive or too negative. their job is to report the news
- flyingiguana commented Aug 16, 2012
customer satisfaction...when they tell everyone in canada to close their positions to move their account and lie saying regulators told them to do it.
- flyingiguana commented Aug 13, 2012
the US dollar is a safe haven currency. the yuan and euro are not safe haven currencies...
- flyingiguana commented Jun 16, 2012
u should have already 'traded' a greek exit over the past 2-3 years...
- flyingiguana commented Jun 2, 2012
if germany won't allow inflation or transfer money to the pigs then the euro is doomed. this isn't 10 years ago...
- flyingiguana commented May 5, 2012
once all the retail stops are hit the euro will go towards 1.2
- flyingiguana commented May 5, 2012
they need to punt greece and portugal then attempt to ringfence spain and italy. something that should been done last fall.
- flyingiguana commented May 3, 2012
neither party has a clue, so...
- flyingiguana commented Apr 26, 2012
i do something very similar but i don't think multiple signals are redundant. u need confirmation of a signal. get a trend on a higher TF chart. have an indicator such as DMI to confirm the trend on a pullback. now look at a lower TF and use say 2 ...