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Deckard

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Everything posted by Deckard

  1. ah yes, Elliott Wave theory: the inside track to wealth ...
  2. I agree, it sounds like BS and there is no mention of it on Italian news websites. Still, there is a truckload of bad news coming out of the EZ daily and every man and his dog is long euro up to their eyeballs, so you can't blame hungry FX traders for spreading a rumour or two just to get the ball rolling
  3. Oh yes please!!!! Let the EZ pantomime start in earnest Watch all the shoeshine boys who sold £ at 0.97 and above [email protected] their pants and start the panic buying... Oh, but wait - BX said parity by jan 14th
  4. keep dreaming dude take profit now on your euro long and stop blabbing on ... greed is a very dangerous thing
  5. Watch the euro head south bigggg time when all this SHTF in the EZ ...
  6. If you are 100% sure, why don't you borrow money and buy even more Euros on a margin, instead of posting here 50 times a day telling everyone else to sell the pound?? AvaFX.com will give you 200:1 leverage (as per banner on HPC). Borrow £100,000 (should be a walk in the park for a man with your contacts ) stick it on a margin with them and you can buy over 20 million Euros. If you are so sure it will go to parity or even higher, you can still make plenty of money selling £ at 0.93, right?
  7. http://www.bloomberg.com/apps/news?pid=206...&refer=home http://business.timesonline.co.uk/tol/busi...icle5375499.ece
  8. Yes, we will. Just remember: only a fool keeps all his eggs in one basket...
  9. best post on this useless thread!!! Just ignore these muppets AR, everyone is entitled to a shoeshine moment...
  10. +1 What happens to the Euro when the Irish banking system collapses? I just posted this on another thread:
  11. ANGL closed at 0.28 today, down 15%, all time low. You think that is bad news? Wait for this: Calypso Capital Management, Lansdowne Partners, Tiger Global Management and Citadel have been short the stock since September (when it was above 5) and are all STILL SHORT: http://www.londonstockexchange.com/en-gb/p...rue&ns=ANGL When do you think they are planning to take profit? IMO they are betting on the total collapse of the Irish banking system, with Anglo Irish to go down first. Let's see what happens to the Euro if they are right...
  12. Yes, PIIGS countries (Portugal, Italy, Ireland, Greece and Spain) are in as much trouble as the US and UK. Their consumers may not have as much debt as their anglo-saxon counterparts, but their governments do - and PIIGS economies are hugely hampered by a rigid labour market, which is a real business killer in a deflationary environment. Unfortunately this has been going on for years now, and even faced with the credit crunch, it is highly unlikely that any of the PIIGS countries will actually do anything against the Frankfurt/Paris axis, other than occasionally voice their discontent. As for the Euro meteoric rise against the £, I suspect we'll need to see a major crisis in one of the Eurozone countries (like Ireland defaulting on their depossts guarantee - which IMO is going to happen sometime in Q1 09) before the trend is reversed.
  13. Thank you Vedanta, great chart. I certainly hope you are right as I'd like to see a significant correction in Euro/£ over the next few weeks. Just one question: your chart goes back to 93, when the Euro didn't exist yet. Did you use the Ecu as a proxy for the Euro prior to 99? Also, why is this thread not on the main board???
  14. Didn't seem to have a lot of an impact on Anglo (who are the closest to the abyss IMO): share price up by just 0.01 today. US and UK hedge funds are still heavily short the stock: http://www.londonstockexchange.com/en-gb/p...rue&ns=ANGL
  15. Quality !!! I certainly hope you are right on the BOE, right now it looks like they don't give a toss
  16. Well, they do say that TA is an art, not a science... Let [email protected] Narco blubber on... I bet he's the trading desk teaboy somewhere in London, dreaming a place at the big table
  17. Which means absolutely nothing if not confirmed by the lower low rule. Without that, you could draw a parallel of the two highs wherever you wanted. I'll give you an A for effort though, keep trying
  18. TA 101 Trendlines are supposed to join successive highs or lows (higher high, lower low etc). Your middle line (the key one on the chart) does not do that. Try again
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