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Strategies & Market Trends : John Pitera's Market Laboratory

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To: nspolar who wrote (9043)3/16/2008 11:01:17 PM
From: John Pitera  Read Replies (1) of 33421
 
Thank you Falcon, I and the other regulars have been trying to give folks a heads up and ideas on how to mitigate losses and or make a few dollars by getting on the right side of the bigger trends. The dollar just continues to get hammered and of course we just continue to lower short rates in the US which costs people the negative interest rate differential to be invested in USD and Dollar denominated assets.

We have to keep an eye on emerging markets and how they hold up and then continue to watch the $/JPY which has moved from 108.14 down to a 95 handle just since February 26th.

Any time you are seeing multiple daily moves in the FX market of 2% or more you know you are in very extreme, unusual and dangerous markets.

I had thought Mr. John Pitera was maybe over hyping the fundamental issues w/r to the broader credit picture, just a tad perhaps. Rather, now I think he and others on this board have done an excellent job.

hey and we've worked at staying postive on the precious metals, grains, the energy complex, while being negative on Equities and the USD.

I'd have to say I have been the most continously postive on precious metals on this board the past several years. But the Gods of Hubris will be after me and smolt me, shortly after I post this -g-.

I've been a little disappointed that my work commitments have minimized my time on SI recently. I should put out a shingle to do some work for someone who reads me on SI.

If some one has a gig in SF, Minn, or NY, I can be had for cheap compensation value. In fact if you need someone like me to go deal with your venture in Moscow or Bejing... I'm your man. No fear -g-

thanks for the complement,

John
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