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  • #295,261
  • Sep 22, 2010 11:19pm Sep 22, 2010 11:19pm
Quoting realjumper
How much for the girl?
Hey buddy
Hehe, she's yours. I'll take the car... Zing!

Are you also waiting for BOJ to interact? took some at 84.40 & 50...
  • #295,262
  • Sep 22, 2010 11:21pm Sep 22, 2010 11:21pm
If 3382 breaks, some downside could be in the cards.
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  • #295,263
  • Sep 22, 2010 11:25pm Sep 22, 2010 11:25pm
Quoting Larseg
Hey buddy
Hehe, she's yours. I'll take the car... Zing!

Are you also waiting for BOJ to interact? took some at 84.40 & 50...
It's a deal...she'll go well on the Ducati.....wait a moment....the Ducati only has one seat...hmmmm....hope she can cook!!

When BOJ acted last time I was lucky enough to be watching, so I made hay while the sun was shining!! This time I may not be so lucky, so I have a pending buy just in case. I think the next BOJ meeting is the 3rd or 4th of next month, so there may be no action until then....unless the uj pair falls off the cliff.

Who knows?.......just have to wait and see.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #295,264
  • Sep 22, 2010 11:28pm Sep 22, 2010 11:28pm
Quoting Bootleger
China is not lacking of buyers for cars... and also compare to the US, citizens are paying CASH their cars... they do not pay them into a 5 year agreement ! Chinese people got money, they want a stronger Renminbi to get a better purchasing power. Then their savings going to get a better value.
so you thought this out.. so if u.s. economy sucks (worlds largest) and unemployment goes to the sky. and u.s. imports less it helps the worlds next biggest exporters. (mainly to the u.s.) like chinermany ? and the value of the exporters currency going up helps them? and the cost of commodities out pacing the improved currency value helps? all it means is exporters make less in their own country currency while the price of raw materials increase.
got bread.. turn down the radio
those who can, do. those who cant, talk about those who can
  • #295,265
  • Sep 22, 2010 11:32pm Sep 22, 2010 11:32pm
Quoting Bootleger
Can you realize that your country is broke and printing more and more money, regulations coming up, the future is not bright at all
do you honestly know when u.s. prints money? turn down the radio
those who can, do. those who cant, talk about those who can
  • #295,266
  • Sep 22, 2010 11:32pm Sep 22, 2010 11:32pm
Quoting realjumper
It's a deal...she'll go well on the Ducati.....wait a moment....the Ducati only has one seat...hmmmm....hope she can cook!!

When BOJ acted last time I was lucky enough to be watching, so I made hay while the sun was shining!! This time I may not be so lucky, so I have a pending buy just in case. I think the next BOJ meeting is the 3rd or 4th of next month, so there may be no action until then....unless the uj pair falls off the cliff.

Who knows?.......just have to wait and see.

Hehe, she has to sit reversed in front, if you know what I mean, yea..yea..

Here is the one we discussed earlier

0248 GMT [Dow Jones] Chances of another round of FX intervention in Japan, after last week's Y2 trillion move to weaken JPY, are keeping USD/JPY well above 84.00 mark, says UOB. Still, notes that, with Japan and other North Asian markets closed today, actual intervention doesn't appear likely in Asian session, ahead of much-anticipated summit in Washington; "it looks like PM Naoto Kan might wait until his meeting with President Obama on Thursday before he acts." USD/JPY last at 84.55 vs 84.54 late in NY trade. ([email protected])
  • #295,267
  • Sep 22, 2010 11:37pm Sep 22, 2010 11:37pm
Quoting gatorinla
so you thought this out.. so if u.s. economy sucks (worlds largest) and unemployment goes to the sky. and u.s. imports less it helps the worlds next biggest exporters. (mainly to the u.s.) like chinermany ? and the value of the exporters currency going up helps them? and the cost of commodities out pacing the improved currency value helps? all it means is exporters make less in their own country currency while the price of raw materials increase.
got bread.. turn down the radio
China DOESNT need the US to consume what they produce... instead of sending their production abroad, Chineses themself gonna consume what they PRODUCE... that's the reason why the Renminbi going up is a good thing for the citizens there.

They are more than a BILLION folks... if that isn't a big enough consumer base, tell me what it is. Chinese people HAVE SAVED their money with rate of 30-40% of savings a year ! They got money to buy and get a better living standard
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,268
  • Sep 22, 2010 11:40pm Sep 22, 2010 11:40pm
Quoting Bootleger
Can you realize that your country is broke and printing more and more money, regulations coming up, the future is not bright at all
Okay then sell all the dollars you can. Let me know when you can't find a buyer.
  • #295,269
  • Sep 22, 2010 11:42pm Sep 22, 2010 11:42pm
Quoting Larseg
Hehe, she has to sit reversed in front, if you know what I mean, yea..yea..

Here is the one we discussed earlier

0248 GMT [Dow Jones] Chances of another round of FX intervention in Japan, after last week's Y2 trillion move to weaken JPY, are keeping USD/JPY well above 84.00 mark, says UOB. Still, notes that, with Japan and other North Asian markets closed today, actual intervention doesn't appear likely in Asian session, ahead of much-anticipated summit in Washington; "it looks like PM Naoto Kan might wait until his meeting with President...
Yeah...my personal feeling is, and I've nothing to back this up....after Obama has said his party piece, Kan and Noda will compare notes at the BOJ meetings on the 3rd and 4th, and come out of there with a plan of action. Doesn't really matter what Obama says regarding FX intervention, he's a 'backdoor interventionist' while BOJ just do it up front.....so it's a bit rich if Obama is going to give Kan a growling when he is doing the same thing!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #295,270
  • Sep 22, 2010 11:46pm Sep 22, 2010 11:46pm
Quoting 2+2=4ex
Okay then sell all the dollars you can. Let me know when you can't find a buyer.
When this giant US Debt Ponzi scheme will come to an end. You might find buyers but what is going to worth a US Dollar compare to what it is now ?...
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,271
  • Sep 22, 2010 11:48pm Sep 22, 2010 11:48pm
Quoting Bootleger
China DOESNT need the US to consume what they produce... instead of sending their production abroad, Chineses themself gonna consume what they PRODUCE... that's the reason why the Renminbi going up is a good thing for the citizens there.

They are more than a BILLION folks... if that isn't a big enough consumer base, tell me what it is. Chinese people HAVE SAVED their money with rate of 30-40% of savings a year ! They got money to buy and get a better living standard
hmmmm if they just consume.. how will they buy commodities? like food to feed the billion? its a big world. . they have to export. that middle/elite class is dependent on exports. when you stop exporting, the currency will have little value.. currency = work..
those who can, do. those who cant, talk about those who can
  • #295,272
  • Sep 22, 2010 11:51pm Sep 22, 2010 11:51pm
Quoting gatorinla
hmmmm if they just consume.. how will they buy commodities? like food to feed the billion? its a big world. . they have to export. that middle/elite class is dependent on exports.
I'm not saying they will not export... but their economy will evolve in a sense that the consumption in the country will rise drastically... so there will be less things to export if they buy what they produced.

They are already buying lands, gold, silver, oil, copper, coal, lead etc... They are getting their hands on commodities all over the world right now...
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,273
  • Sep 22, 2010 11:53pm Sep 22, 2010 11:53pm
Quoting realjumper
Yeah...my personal feeling is, and I've nothing to back this up....after Obama has said his party piece, Kan and Noda will compare notes at the BOJ meetings on the 3rd and 4th, and come out of there with a plan of action. Doesn't really matter what Obama says regarding FX intervention, he's a 'backdoor interventionist' while BOJ just do it up front.....so it's a bit rich if Obama is going to give Kan a growling when he is doing the same thing!!

Sounds reasonable, I will steal that thought

It will show in the PA, yey,:nerd: can't wait
  • #295,274
  • Sep 22, 2010 11:53pm Sep 22, 2010 11:53pm
With a stronger renminbi, they can import commodities at a lower price... so that's an excellent thing for them. They get more purchasing power !
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,275
  • Sep 22, 2010 11:54pm Sep 22, 2010 11:54pm
Quoting Bootleger
I'm not saying they will not export... but their economy will evolve in a sense that the consumption in the country will rise drastically... so there will be less things to export if they buy what they produced.

Why can't they buy commodities ? They are already buying lands, gold, silver, oil, copper, coal, lead etc... They are getting their hands on commodities all over the world right now...
re-read the post. its in reference to yours..
those who can, do. those who cant, talk about those who can
  • #295,276
  • Sep 23, 2010 12:03am Sep 23, 2010 12:03am
Quoting Bootleger
With a stronger renminbi, they can import commodities at a lower price... so that's an excellent thing for them. They get more purchasing power !
when converting to usd it creates usd demand. commodities are priced in usd.

china currency is pegged to usd atm.. commodities go up for china equally.. they get cheaper for others that are strong comparable to usd at a given moment. but commodities have gone up % wise more on most commodities excluding oil verses most currencies.
those who can, do. those who cant, talk about those who can
  • #295,277
  • Edited 12:22am Sep 23, 2010 12:05am | Edited 12:22am
Quoting forextine
You looking at 1.3280 level also?
yeah 3286 is also a support while up but less than 23.6% fibs may not hold and if hold then bull very very strong moving to the next 5th wave up or the camel is no longer a camel perhaps having so thin neck going up & up in the sky , perhaps a flying kite where we see only the thread , still to view the kite itself.
anyway it will be not any strong if so just feeling most healthy before the demise & lost in space , we have seen lots many times before .

lets see what wants to !

my single long miss tp though set conservatively at only 3417 for the last bounce & others short still to work .

Morning to you & all .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,278
  • Sep 23, 2010 12:10am Sep 23, 2010 12:10am
Quoting fontu
yeah it is also a support while up but less than 23.6% fibs may not hold and if hold than bull very very strong moving to the next 5th wave up or the camel is no longer a camel perhaps having so thin neck going up & up in the sky , perhaps flying kite where we see only the thread , still to view the kite itself.
anyway it will be not any strong if so just feeling most healthy before the demise & lost in space , we have seen lots many times before .

lets see what wants to !

my single long miss tp though set conservatively at only 3417 for the...
What does look like the DXY to you ?
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #295,279
  • Sep 23, 2010 12:19am Sep 23, 2010 12:19am
Example of Previous Resistance become support.............. What will London DO ???? will break our will this be a pullback area..........
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  • #295,280
  • Sep 23, 2010 12:19am Sep 23, 2010 12:19am
Quoting Bootleger
What does look like the DXY to you ?
sorry not seen yet , need a cup of tea first before open the chart but can think it try a last bounce or need feel some more healthy or prisner to have his last wish before hanging at the very 200ma low weekly . next only need resuscitation with all adrenaline, nikathemide & everything if can done successfully .
be back soon to see this dx matter .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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