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Tuesday, October 20, 2009

Dollar weakeness worry ? Gobal economy recovering ? What next .... ?

Will be back to update
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17 comments:

  1. AnonymousOctober 20, 2009 at 7:34 AM

    Hey Pred,
    what do you mean that Crude Oil have storage problems right now? I thought Oil will run to $100+ ?
    Anthony

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  2. Preditor1976October 20, 2009 at 7:58 AM

    Hi Antony ,,

    Yesterday I have post a link on this news from bloomberg. I was trying to said , as long as there are no storage problem for crude there should not be any pressure on oil price if there is any problem in storage, better jump ship fast ..

    ..

    ReplyDelete
  3. Allen32321October 20, 2009 at 8:37 AM

    hi preditor,

    watching currency crossings if euro/us 1,4880
    breaks will start some selling, but holding on corn..
    big short attack could come around dow 10200 from technical view..
    hm like u warned yesterday oil, shows some weakness

    ReplyDelete
  4. AnonymousOctober 20, 2009 at 8:37 AM

    Pred,
    British Pound has big commercial buying last week. EUR/GBP is going down..., can't believe it. Same with dollar, it gets bigger & bigger buying. I'm worry with gold position
    Anthony

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  5. Preditor1976October 20, 2009 at 8:53 AM

    ECB drop another bomb on EURO again


    don't buy anything today, be on the side

    ReplyDelete
  6. Preditor1976October 20, 2009 at 8:56 AM

    Anthony,

    If no currency want to get stronger then dollar, then I bet gold will do the magic ... still wait and see in gold price

    ReplyDelete
  7. Allen32321October 20, 2009 at 9:14 AM

    hm preditor, could u give link pls what said trichet..

    ReplyDelete
  8. UnknownOctober 20, 2009 at 9:30 AM

    Hi Pred,
    I agree with you about gold and silver. In fact, I'm thinking like Jim Rogers who won't short anything right now. Money printing goes wild.
    Some of my buy orders were triggered already. Hopefully the down leg today won't be too bad. Bought LTON @ 2.32,TXIC @ 11.03 and IGC @ 2.05

    Have a great trading day. I will be out most of the day.

    ReplyDelete
  9. CBSOctober 20, 2009 at 9:51 AM

    shirley, would you mind sharing how you happened to pick 11.o3 to buy txic?

    ReplyDelete
  10. AnonymousOctober 20, 2009 at 10:44 AM

    Hey Pred,
    any interest on Soybeans? It's forming a triangle now, i think will have breakout? I have plenty beans. Oil should go up fast to $100 mark, if stay down too long then i become suspicious... Oil and gold breakout was fast & furious, shouldn't stay around too long. Their congestion was a long time for gold. Don't know why they don't run up.. Oil is overbot now.
    Anthony

    ReplyDelete
  11. Preditor1976October 20, 2009 at 11:01 AM

    Anthony,

    Oil will recover soon ..

    I think Gold have managed to consildate so I not so worry about gold for now.

    Ol is something need to watch closely , anyway I still keeping my oil position ..

    ReplyDelete
  12. AnonymousOctober 20, 2009 at 11:28 AM

    Pred,
    Nat.Gas rally big time today. Got a strong breakout. Do you think it will go up more ? I think it can go up more, my target at $7.50. Do you have NGas ? I have only 1 contract.
    Anthony

    ReplyDelete
  13. AnonymousOctober 20, 2009 at 11:35 AM

    10yr & 30yrBond goes back up to its uptrend channel, like i thought before. I am going to short 10yr bond at ~119-120 level, near top of the channel. I think, this could be the last rally before collapse?? May be forming a Head and Shoulder now? Looks very weak.
    Anthony

    ReplyDelete
  14. UnknownOctober 20, 2009 at 8:54 PM

    Hi CBS,
    Regarding TXIC, I would like to tell you I had some great formula, but I just wanted to buy this stock back at a reasonable good price as I had sold it 2 weeks ago. I put in an order yesterday for a few cents above 11.00. You probably asked me this because at the time that price was the low of the day and it was pure luck then.
    I am not very good usually at market timing and today is not different. I am a newbie and the stocks I bought today closed lower. On the plus side, they usually do well once they take off. TLR went up 20% on Monday.

    ReplyDelete
  15. Allen32321October 21, 2009 at 4:33 AM

    @shirley
    you have done great on the long site in stocks think 90% as u said performance, but never forget to protect yourself with stop loss orders..if something goes horribel wrong thers a chance we could move down to march levls..

    ReplyDelete
  16. CBSOctober 21, 2009 at 4:59 AM

    Shirley, yes thats correct. Thanks for your reply :)

    ReplyDelete
  17. Allen32321October 21, 2009 at 5:43 AM

    people start moving out of galleon hedgefunds very fast...top 10 positions sec
    Ebay EBAY $116.1
    Apple AAPL $78.3
    Google GOOG $77.4
    OSI Pharma OSIP $52.6
    Bank of America BAC $42.9
    JP Morgan JPM $41.9
    Cisco Systems CSCO $38.6
    SPDR Trust SPDR $34.4
    Dell DELL $31.8
    EMC EMC $29.6

    hm could that really hurt this big companies dont know

    ReplyDelete

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