i appreciate the welcome henry, specifically my interest lies in the ebb and flow of liquidity with respect to the North American markets
an interesting post highlighted the potential political impact of gold sales, US $/political influence and the DM/Euro
the Japanese and Swiss being wildcards, the UK supporting the US in gold sales (apparently)
something is driving the markets upward, i'm not sure that it's retail or even institutional domestic buyers
in thinking of a teeter-totter, the rush into the US markets may be in anticipation of US$/Yen/Euro/DM realignment
sales of Yen+Euro for US$ and investments in US markets driving both dollar and US markets up, then selling the dollar to repatriate foreign profits while leaving investments intact providing a hedge with excellent upside, in my simplistic thinking
politically this won't be allowed to happen very long so US rates increase easing $/Yen pressure with the 'smart' money buying the Yen BEFORE the announcement, imho
this scenario assumes purchase of top notch US investments which would potentially be bid upward even if US$ dips
bwthdik
the markets i am interested in tracking are Nasdaq (qqq, nas100) SPX and Gold, Soyabeans
i am a novice trader and appreciate your feedback and suggestions or recommendations, i will also start reading the previous posts :)
my tools of choice include japanese candlesticks, MacD, and i am slowly learning Andrews Pitchforks and am attempting to integrate some of Gann's concepts with my knowledge of I Ching cycles/square/compass
regards, ynot :) |