ok then better be busy trading
writing sharing and helping is my passion buddy !!!!!!
i am writing an article on risk aversion now.. will release shortly ok ?
- #139,262
- Sep 6, 2009 3:34am Sep 6, 2009 3:34am
- Joined May 2009 | Status: Re-member | 6,497 Posts
writing sharing and helping is my passion buddy !!!!!!
i am writing an article on risk aversion now.. will release shortly ok ?
Perfect, let us know 801
- #139,263
- Sep 6, 2009 3:48am Sep 6, 2009 3:48am
- | Membership Revoked | Joined Oct 2008 | 2,791 Posts
writing sharing and helping is my passion buddy !!!!!!
i am writing an article on risk aversion now.. will release shortly ok ?
- #139,264
- Sep 6, 2009 4:02am Sep 6, 2009 4:02am
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #139,266
- Sep 6, 2009 4:38am Sep 6, 2009 4:38am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #139,268
- Edited 5:41am Sep 6, 2009 4:54am | Edited 5:41am
- | Commercial User | Joined Aug 2008 | 7,691 Posts
- #139,270
- Edited 6:39am Sep 6, 2009 5:38am | Edited 6:39am
- | Membership Revoked | Joined May 2008 | 1,027 Posts
My take on whats happening
1. Usd may Crash article below from person who predicted the global financial crisis Dated Sept 4 2009
2. Usa unemployment 9.70%
3. Europe/Usa/Uk economies screwed, our little Aussie dollar Downunder ,doing AOK, broke 85 cents Friday quite remarkable actually a miracle Infact Australia didnt go into a technical recession, Our govt got it right , ..or maybe flipped a coin on what to do when things got in the shit last year..
4. Possible double Dip recession Usa
5. China Desparate for Strong Usd or thir manufacturing Industries may collapse, Maybe China Is The BULL in Usd food for thought..
Whats going to happen???
With whats going on in the world today I see a Weak Usd till first couple weeks of October
Then As mentioned in High cirlces of China, China will sell there stock market DOWN to strenthen Usd Early Oct 2009
Im Long eur/usd till end of Sept, After that I am going Short..China rules the world IMHO..
Is the Usd the flight to Safety now , maybe Not with the article below, maybe it will now be gold or something else?? .., What Fund manager in their right mind would now see a Strong Usd ..
Whatever happens I see wild moves coming in the weeks, months ahead.. and a serious amount of money to be made by traders who get these moves right..
Goodluck everybody And Happy Pippin
U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says
By Sonia Sirletti and Jeffrey Donovan
http://www.bloomberg.com/apps/data?p...d=ix4SuWGd1BSY
Sept. 4 (Bloomberg) -- The dollar will weaken and the U.S. risks seeing a crash of the currency unless it does more to control the deficit and reduce debt, said New York University Professor Nouriel Roubini, who predicted the financial crisis.
“If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,” Roubini said in an interview today in Cernobbio, Italy. “The value of the dollar over time has to fall on a trade-weighted basis, but not necessarily relative to euro and yen.”
Roubini said he didn’t see a risk of a dollar crash in the “‘short term.” The value of the U.S. currency relative to currencies such as the yen or the euro “cannot change too much compared to current levels because if the dollar were to weaken a lot and the euro strengthen a lot, that’s going to warp any chance for the European economy to recover, same argument as to the yen,” he said.
“Most of the adjustment of the dollar in the future has to occur relative to China, relative to emerging Asia and relative to some of the other commodity exporters in the world, whether these are advanced economies or emerging markets,” he said.
Foreign creditors need assurances that the U.S. will address its deficit, Roubini said.
“Unless in the medium term these issues of fiscal sustainability are addressed, and unless we mop up that excess liquidity from the financial system, eventually the financial markets and the foreign creditors of the United States might get more concerned about the sustainability of the U.S. fiscal deficit and about the U.S. being tempted to use the inflation tax as a way of resolving its private and public debt problems,” he said.
1. Usd may Crash article below from person who predicted the global financial crisis Dated Sept 4 2009
2. Usa unemployment 9.70%
3. Europe/Usa/Uk economies screwed, our little Aussie dollar Downunder ,doing AOK, broke 85 cents Friday quite remarkable actually a miracle Infact Australia didnt go into a technical recession, Our govt got it right , ..or maybe flipped a coin on what to do when things got in the shit last year..
4. Possible double Dip recession Usa
5. China Desparate for Strong Usd or thir manufacturing Industries may collapse, Maybe China Is The BULL in Usd food for thought..
Whats going to happen???
With whats going on in the world today I see a Weak Usd till first couple weeks of October
Then As mentioned in High cirlces of China, China will sell there stock market DOWN to strenthen Usd Early Oct 2009
Im Long eur/usd till end of Sept, After that I am going Short..China rules the world IMHO..
Is the Usd the flight to Safety now , maybe Not with the article below, maybe it will now be gold or something else?? .., What Fund manager in their right mind would now see a Strong Usd ..
Whatever happens I see wild moves coming in the weeks, months ahead.. and a serious amount of money to be made by traders who get these moves right..
Goodluck everybody And Happy Pippin
U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says
By Sonia Sirletti and Jeffrey Donovan
http://www.bloomberg.com/apps/data?p...d=ix4SuWGd1BSY
Sept. 4 (Bloomberg) -- The dollar will weaken and the U.S. risks seeing a crash of the currency unless it does more to control the deficit and reduce debt, said New York University Professor Nouriel Roubini, who predicted the financial crisis.
“If markets were to believe, and I’m not saying it’s likely, that inflation is going to be the route that the U.S. is going to take to resolve this problem, then you could have a crash of the value of the dollar,” Roubini said in an interview today in Cernobbio, Italy. “The value of the dollar over time has to fall on a trade-weighted basis, but not necessarily relative to euro and yen.”
Roubini said he didn’t see a risk of a dollar crash in the “‘short term.” The value of the U.S. currency relative to currencies such as the yen or the euro “cannot change too much compared to current levels because if the dollar were to weaken a lot and the euro strengthen a lot, that’s going to warp any chance for the European economy to recover, same argument as to the yen,” he said.
“Most of the adjustment of the dollar in the future has to occur relative to China, relative to emerging Asia and relative to some of the other commodity exporters in the world, whether these are advanced economies or emerging markets,” he said.
Foreign creditors need assurances that the U.S. will address its deficit, Roubini said.
“Unless in the medium term these issues of fiscal sustainability are addressed, and unless we mop up that excess liquidity from the financial system, eventually the financial markets and the foreign creditors of the United States might get more concerned about the sustainability of the U.S. fiscal deficit and about the U.S. being tempted to use the inflation tax as a way of resolving its private and public debt problems,” he said.
- #139,271
- Sep 6, 2009 6:38am Sep 6, 2009 6:38am
- | Additional Username | Joined May 2009 | 2,719 Posts
- #139,272
- Sep 6, 2009 6:39am Sep 6, 2009 6:39am
- Joined Oct 2008 | Status: sideline is a position | 105,125 Posts
those who can, do. those who cant, talk about those who can
- #139,274
- Sep 6, 2009 7:32am Sep 6, 2009 7:32am
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
it is not about that, it is just a sales and marketin gimick
yeah FNN .. i am not in it.. i am not worthy enough i guess
Its all in the mind.
- #139,275
- Edited 9:27am Sep 6, 2009 8:36am | Edited 9:27am
- | Commercial User | Joined Aug 2008 | 7,691 Posts
