Look Sharp/Trade Tight
- #449,161
- May 25, 2011 11:15pm May 25, 2011 11:15pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #449,162
- May 25, 2011 11:15pm May 25, 2011 11:15pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
it would take something epic to turn oil. but i target 89.37
but there is a big upper mofu that maybe only the Chinese blowing up their economy could probably make it give up.. or the usd flexing.. big time... gold silver can fall.. they and oil are below a big mofu... what helps oil, is its between a big one on the top.. with a much bigger one for support. gold and silver dont have this support and are following a bear path as is oil.
You may recall that I don't the Kiwi or the Aussie (swaps too high), but the kiwi is within range of it's high of 82.20 and I don't see too much stopping it at the moment, from a TA point of view.
Of course, last time we hit 82 the reserve bank intervened, but that won't happen this time........
Edit: There is the 81 barrier in the way of 82, but that's it!
Doing what you like is Freedom. Liking what you do is Happiness.
- #449,163
- May 25, 2011 11:18pm May 25, 2011 11:18pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #449,164
- May 25, 2011 11:18pm May 25, 2011 11:18pm
- Joined Oct 2008 | Status: sideline is a position | 105,208 Posts
those who can, do. those who cant, talk about those who can
- #449,168
- May 25, 2011 11:30pm May 25, 2011 11:30pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #449,169
- May 25, 2011 11:31pm May 25, 2011 11:31pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #449,171
- May 25, 2011 11:37pm May 25, 2011 11:37pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #449,176
- May 25, 2011 11:49pm May 25, 2011 11:49pm
Its okay, USA can default, All 50 states will then issue their own currency, like the California Pesos, blah blah blah. It will turn to how the EU was 20 years ago.
Deficit is too big with no real money making industry. When Auto collapsed, its just Boeing left. What the hell does the USA produce in masses that can really profit that is made in the USA?
The only thing I see is selling services like Educations, and such, and make a big profit off of that.
Unless the political climate changes, the arguing within the government would go on tediously...
sorry if I'm still confused,
only an analysis, and I'm always wrong,
don't follow me,
- #449,179
- May 25, 2011 11:58pm May 25, 2011 11:58pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #449,180
- May 25, 2011 11:59pm May 25, 2011 11:59pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts