big spike down coming
Yes pls...I like to see that.
What's coming..
Jordan will be declared president this week.
At the most next week But I expect this week only.
Chances of new member inclusion also high so we will have new team.
Poland selling bonds in CHF so it will redeem in fancs so demand will be high for them still safe heaven
http://www.bloomberg.com/news/2012-0...y-says-2-.html
CAD becoming strong as government may take the stimulus out CAD/CHF should rise further.
EUR/CHF still depend on the intervention, too heavy to...
- #5,687
- Apr 17, 2012 8:29am Apr 17, 2012 8:29am
- | Joined Feb 2012 | Status: "May the odds be ever against you" | 457 Posts
i have to say u still surprise me with ur strong-minded opinion about the peg breaking instead of snb declares at least twice a week they do not let it happen
I think thats trading..different opinions...If everyone thinks alike no one loose or gains.
Well.. my views are long term franc will weaken with time..if Euro able to hold which is very big "if" no one knows..
and
Swiss are crooks when it come to money and they will not make retailers rich like this.. so they can try to hold for some time.. But not forever otherwise.. it wouldn't have fallen to these levels at all...
I want swiss govt to declare some strong steps to weaken francs.. and it will happen only once the peg is broken so they have sufficient reason to do what they ultimately wants to do "weak franc"
All luck again..
- #5,688
- Apr 17, 2012 8:41am Apr 17, 2012 8:41am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
i have to say u still surprise me with ur strong-minded opinion about the peg breaking instead of snb declares at least twice a week they do not let it happen
It's very stressful to stay on the line and wait, especially when the market stay flat for half year.
God bless us!
I think thats trading..different opinions...If everyone thinks alike no one loose or gains.
Well.. my views are long term franc will weaken with time..if Euro able to hold which is very big "if" no one knows..
and
Swiss are crooks when it come to money and they will not make retailers rich like this.. so they can try to hold for some time.. But not forever otherwise.. it wouldn't have fallen to these levels at all...
I want swiss govt to declare some strong steps to weaken francs.. and it will happen only once the peg is broken so they have...
Double bind is, they can't do anything without making anybody "rich" (I've got my doubts, if retailers on the long side really get rich). But if they let the peg be broken, big players on the short side probably actually are getting big money rather than retailers with their ridiculous long positions.
- #5,690
- Apr 17, 2012 8:51am Apr 17, 2012 8:51am
- | Joined Feb 2012 | Status: "May the odds be ever against you" | 457 Posts
Double bind is, they can't do anything without making anybody "rich" (I've got my doubts, if retailers on the long side really get rich). But if they let the peg be broken, big players on the short side probably actually are getting big money rather than retailers with their ridiculous long positions.
Until and unless some outside bank takes very big position against them.. they can easily break them in some losses.. But the positions which lot of people are buzzing it by swiss banks only
- #5,691
- Apr 17, 2012 8:57am Apr 17, 2012 8:57am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
Double bind is, they can't do anything without making anybody "rich" (I've got my doubts, if retailers on the long side really get rich). But if they let the peg be broken, big players on the short side probably actually are getting big money rather than retailers with their ridiculous long positions.
Looks like the SNB is the only "captain" of this market at this moment, they are the ones who can move it (directly or indirectly).
Said this, their mandate and their purpose is not about play the trading-game like investment funds or private traders do, their purpose is to assure that the swiss economy get benefit from their actions.
In other words, i doubt that the snb is right now thinking about who bought or sold eurchf, but we have to say that if price is soo near to the peg right now, is because there are more sellers than buyers, there are more sellers than buyers (ok retail traders are buyers, they represent maybe 5% of the market partecipants, this taking in consideration the fact that retail brokers really offset their clients positions, thing that is absolutely not sure).
Now, if the snb really can decide who reward and who punish (financially speaking), the idea is that they would prefer to reward their allies (the net-longs) rather than their enemies (again, financially speaking, the net-shorts, the sellers of eurchf).
It's getting tiring to keep posting the same things over and over again, please eurchf wake up, i want to close this shit!
- #5,697
- Edited 10:38am Apr 17, 2012 10:08am | Edited 10:38am
This is the market, whenever price move in one direction there are people that make money and people that loose money, it's actually impossible for a market to move from one point to another and nobody make or loose money.
Looks like the SNB is the only "captain" of this market at this moment, they are the ones who can move it (directly or indirectly).
Said this, their mandate and their purpose is not about play the trading-game like investment funds or private traders do, their purpose is to assure that the swiss economy get benefit from their...
Moreover this was the problem of Himbeerland
. One has to see the specaility of the situation. Crookplay:generally yes, but not now, not this time, rather later.He will have enough time if he rebuilds good reputation. SNB is not GS that has to beat the market for success. To play the mentioned game would be too obvious and thus further damaging the already sore image, right at the beginning.Disclaimer:Just my opinion, these are of course probabilities, maybe someone break the peg tomorrow who knows.
Good luck for those who hold the line...
