The Chinese holding 2tril US dollars is in a predicament we Americans call a catch-22. It devalues everyday but getting rid of it will devalue it even quicker. Confucius say: Who let this happen. Doh!!

Cable Update (GBPUSD)

Partial to Molson Brador, when I can get, which isn't often. So my head is safe.

Do Not Yell At Me For Discussing Fundamentals

You just can't leave good enough alone, huh? I am rude and negative by asking you to back up your statment that there are divergences. Where, who knows, based on what ??? Oh so now it is RSI on a daily chart. Hmmmm. Let see. If you are talking about ...

Cable Update (GBPUSD)

Ok call me rude. But if I called for a reversal across what is it (?) most markets (I don't remember) at least I would back it up. All I asked for is where are these divergences? So that makes me rude, so be it. You posted your opinion. Well this is ...

Cable Update (GBPUSD)

Whatever

Do Not Yell At Me For Discussing Fundamentals

nonlagMA. Now somebody is going to tell me that the world is flat after all.

Nonlag MA cross indicator

Um, this thread is about funnymentals - not chart setups. Doesn't mean you can't talk charts. But you seem to have an axe to grind against us cable theaders. Take it out on the market.

Do Not Yell At Me For Discussing Fundamentals

I'd give "her" a package check if you know what I mean, or at least look for the old adam's apple. LOL.

Cable Update (GBPUSD)

( Sharp moves + Divergences + Euphoria = Reversal ) = meaningless statement if you can explain further. Anyone can throw spaghetti at a wall and make it stick to claim they see a change in market direction coming. What f...... divergences? Still ...

Cable Update (GBPUSD)

Yen just got hit with some selling across the board.

Cable Update (GBPUSD)

No rate change.

Cable Update (GBPUSD)

You mustn't be taiking about NY gold (Comex) it hit $735.30 today.

Cable Update (GBPUSD)

Well I don't know whether $80 or $800 is next. I just follow the trend and the trend right now is in the direction of $800. What divergences are all over the markets. Because you think some markets that are going up which "should" be going down and ...

Cable Update (GBPUSD)

Short gold, huh??

Cable Update (GBPUSD)

Dow previous swing high after the drop from 14000 is 13696 which is about 25 more points. Might be all we get today?

Cable Update (GBPUSD)

Excitement all done now. Mark calendar Oct 30-31 for next Fed meeting. In the end CBOT rate watch came close calling for 100% chance of -25pcs cut and 50% chance of a further -25pbs cut.

Do Not Yell At Me For Discussing Fundamentals

A correction is only a pause in a trend. I follow EW too but would never consider myself a elliottician if it considered anything to do with Robert Prechter. The man who called for a Dow top back about 20 years ago. The inventor of the "X" wave and ...

Cable Update (GBPUSD)

Well my opinion is based on what the commodity markets are doing - which tells me inflation is going higher, much higher. Take a look at CRB index. Thats all I need, not another war. Gold goes up with uncertainty in the geopolitcal realm and ...

Cable Update (GBPUSD)

It may not be good for cable longs after the anouncement because of the correlation to the Dow. Right now Dow is pushing higher and it may be a setup to "sell on the news" whatever the Fed does (no cut, -25bps or -50bps). If there is a selloff, down ...

Cable Update (GBPUSD)

Get some cough medicine. Gold is in a new bull phase. Not today but keep watching.

Cable Update (GBPUSD)