35854 replies to this topic

[RBM]

I am sitting with shorts open not sure wheather I should close now or not on the ALSI,do you think tomorrow morning will open high or low?

[RBM]

Plasma, what did the S&P open today at and what do you think it will close at? thx

[Plasma]

Have taken a last long should there be a strong ending to the S&P ....not very confident though ...

[davidp13]

So hoe does one counter it when it happens?

[HendrikB]

Mark Faber also said about a year ago that FED will never stop QE.
I'm starting to believe it.

But, something will happen and their folly will be revealed.
Same as housing bubble crises.

 

Mark my words... the next financial crisis will be a currency crisis.

[HendrikB]

I have a long on Euro50 and Nasdaq. They are both going up now.

It's a dollar account. I dont even have to trade USD/ZAR. I'm in a long position by  just having a dollar account.

My money is more. I sent over my money when USD/ZAR was just R 9.30

I have more buying power when i spend it in South Africa

 

 That's good.  Also, if you trade the NYSE you can buy Chinese Yuan (NYSE: CYB) Wisdom Tree Dreyfus Chinese Yuan ETF.  This gives you exposure to the Chinese Yuan, most likely the next reserve currency.  I see the SA Reserve is also buying up Chinese bonds so good time to start accumulating.  

Edited by HendrikB, 14 November 2013 - 08:32 PM.

[Beorn]

Crazy Market is addicted to low rates and QE like a Junkie.

Just when everybody was talking about taper, the ECB decides to cut rates. It's tough to be a central banker.
The FED are stuck.

Trust me, there is no exit strategy… and I’m not just talking about the Fed here – BoJ, BoE, ECB are all in the same boat… there’s so much that you guys aren’t being told…

As Argento said, QE infinity is here.
The 1st bank to raise rates in G7 countries will choke their economy.

Currency wars is what is happening.

Mark Faber also said about a year ago that FED will never stop QE.
I'm starting to believe it.

But, something will happen and their folly will be revealed.
Same as housing bubble crises.

[Sunesis]

Crazy Market is addicted to low rates and QE like a Junkie.

 

Just when everybody was talking about taper, the ECB decides to cut rates. It's tough to be a central banker.

The FED are stuck.

 

Trust me, there is no exit strategy… and I’m not just talking about the Fed here – BoJ, BoE, ECB are all in the same boat… there’s so much that you guys aren’t being told…

 

As Argento said, QE infinity is here.

The 1st bank to raise rates in G7 countries will choke their economy.

 

Currency wars is what is happening.

 

 

[Sunesis]

Recovery in prices are not bubbles says Yellen

 

On housing she says that in some areas the market is just recovering from deep falls over the financial crisis.

 

• Fed needs to watch investment in real estate
• Savers are hurt by low rate policy but low rates will get the economy back to normal
• All too many people have left the labour force
• Full employment ranges from 5-6%

 

[Sunesis]

I wonder if there is any sane person that believes equities are fairly valued.
She is going to be a bigger joke than Bernanke.
But very good for the fat cats.

Remember i said yesterday that, she will make Bernake look like a hawk.

The market will do as it pleases now. It will correct when it wants to correct, but the upside will be the trend.

 

Those who are saying the market is too high will be the ones who will get rolled over by the bull train.

Peaking market tops is hard because nobody is on pain. Everybody is happy

[Beorn]

Super Dove Yellen

Comments:

Stock prices are not in ‘bubble-like’ situation
Lowering interest on excess reserves has been considered in past, remains a possibility
Fed should never be ‘a prisoner of the markets’
Policies have to some extent likely boosted stock market

It does not get better than this for the Bulls

Viva La Bull

I wonder if there is any sane person that believes equities are fairly valued.
She is going to be a bigger joke than Bernanke.
But very good for the fat cats.

[Beorn]

For some ftp reason I took a small short just before the market closed @ 40370 in hopes that Yellen didn't sound to dovish.
The perma bear in me got the better of my rational mind, sigh......

[Sunesis]

 Super Dove Yellen

 

Comments:

 

• Stock prices are not in ‘bubble-like’ situation
• Lowering interest on excess reserves has been considered in past, remains a possibility
• Fed should never be ‘a prisoner of the markets’
• Policies have to some extent likely boosted stock market

 

It does not get better than this for the Bulls

 

Viva La Bull     

[Sunesis]

Agree... I also think traders/investors need to look at their local portfolio in dollar terms and see how much money they've really made over the past year.  Like it or not, the dollar is king and the rand is going to ****. 

I have a long on Euro50 and Nasdaq. They are both going up now.

It's a dollar account. I dont even have to trade USD/ZAR. I'm in a long position by  just having a dollar account.

My money is more. I sent over my money when USD/ZAR was just R 9.30

I have more buying power when i spend it in South Africa

[HendrikB]

some or other time the US money pumping machine will cause ZAR to erode which is a call for us traders in SA to join those having off shore shares and trade offshore indices and stocks - and if SA get its deserved downrating by rating agencies we might even exit the Citi World bond Index which will cause more downside to the ZAR - note to self: stop thinking about opening offshore account and fund it - secondly slowly stock up on neglected Resi stocks that benifit from ZAR drop.

 

Agree... I also think traders/investors need to look at their local portfolio in dollar terms and see how much money they've really made over the past year.  Like it or not, the dollar is king and the rand is going to ****. 

[Sunesis]

Australian dollar getting stronger now. this is a sign off a bullish momemtum

The train is coming.

Dow going for 16 000 tonight

[Sunesis]

Australian dollar getting stronger now. this is a sign off a bullish momemtum

The train is coming.

[OceanWalz]

some or other time the US money pumping machine will cause ZAR to erode which is a call for us traders in SA to join those having off shore shares and trade offshore indices and stocks - and if SA get its deserved downrating by rating agencies we might even exit the Citi World bond Index which will cause more downside to the ZAR - note to self: stop thinking about opening offshore account and fund it - secondly slowly stock up on neglected Resi stocks that benifit from ZAR drop.

[Sunesis]

SUPER DOVE YELLEN

 

THINKS THE MARKET IS NOT HIGH ENOUGH

 

HOW HIGH DOES SHE WANT IT TO GO,

 

DECEMBER RALLY WILL BE GOOD.

 

39800 MUST JUST HOLD, BECAUSE WE MIGHT BE GOING TO THE MOON

[Mad Max]

I wonder where they get these idiots with the academic records to be FED presidents.
Anyone listening to her talk? She sounds worse than an EFF leader I can think of.
When asked about bubbles, she said the FED can not see any signs of bubbles, now that either means that they are all idiots, or all liars, I dont know which is worse.

It does not matter how she talks, what matters is that they keep on pumping free money !