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gammase1 replied Mar 6, 2009Or depression. Of course, we know that. We were making a much, much broader point concerning the over-population of the planet and the challenges and problems it will bring.
EURUSD
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gammase1 replied Mar 6, 2009Hahahahaha... seeing Penelope Cruz has cheered me up no end! Have a good weekend all.
EURUSD
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gammase1 replied Mar 6, 2009I'll go for some of the former, as technology improves and delays the time when we pay the price for our excess, but ultimately I believe we humans will take things to the extreme, where natural disasters and mass starvation will force a cruel ...
EURUSD
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gammase1 replied Mar 6, 2009You're very right, friend. There are clear warnings from history. At the very least, the deteriorating economic climate will cause great instability in many countries, particularly those in the emerging markets.
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gammase1 replied Mar 6, 2009That's just plain nasty to look at.... And beyond that chart there is so much individual suffering.
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gammase1 replied Mar 6, 2009It's like watching someone die a slow and painful death by a thousand cuts. There has been no carthartic sell-off either - when panic selling engulfs the market - only a slow but steady grind lower. This is a very bearish sign for stocks.
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gammase1 replied Mar 6, 2009Great thread, EO. Cool to see many of the Cable thread "old boys" posting, the likes of Shilva, Turtle, Cisco and, of course, Infinity. I will pop in and silently lurk from time to time, occasionally adding some value, if I can. I see it's a ...
Trade what you see NOT what you expect
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gammase1 replied Mar 6, 2009Patience, friend. Don't rush in, as there will always be many, many more opportunities, that is guaranteed...
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gammase1 replied Mar 6, 2009I am flat in this pair and on Cable right now, due to my positioning in other assets, namely equities. Through going long on this pair, I would be too heavily reliant on equities staging a rebound from these oversold levels and dragging EURUSD along ...
EURUSD
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gammase1 replied Mar 6, 2009definitely. and the move could be huge... weak performance of equities are holding eurusd back at the moment, but these are at extreme oversold technical levels and due a rebound..
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gammase1 replied Mar 6, 2009The Chairman part was said in jest in response to the environment of creeping nationalisation and increased state control we find ourselves living in!
Don't ever feel honoured talking to me, as I make lots of mistakes and suffer losses as well as ...Cable Update (GBPUSD)
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gammase1 replied Mar 6, 2009Spent many years working for an investment bank, so received continuous training on macroeconomics matters, through being surrounded by some very able individuals. It is not essential to have an in-depth knowledge of fundamentals to succeed. ...
Cable Update (GBPUSD)
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gammase1 replied Mar 6, 2009I agree. It acts as a leading indicator towards future readings of CPI. These are price pressures that producers currently face, which, to a large extent, will eventually be passed onto the end consumer in the form of higher prices in the coming ...
Cable Update (GBPUSD)
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gammase1 replied Mar 6, 2009I think the UK has no choice but to print money, via QE measures. They are starting with a relatively small amount, when one compares it to the sharp contraction in credit to the economy. Essentially, it is an attempt to partially mitigate the ...
EURUSD
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gammase1 replied Mar 6, 2009My views on American politics? Remember, things are never quite as they first appear. Right, back to ignoring you.
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gammase1 replied Mar 6, 2009Nice try, young man. I worked as a FX derivatives market-maker, specialising in originating and trading structured notes, for a leading house in London. It's what is commonly known as getting a good education followed by a relatively successful ...
EURUSD