Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.27

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Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (98517)	11/14/2017 2:58:27 PM
From: Alias Shrugged	Read Replies (1) of 220727

I am a "forced" buyer of the Peso, since I live full time in Mexico. When you say "it looks like a short", do you mean the peso is going to weaken and go from 19 to the dollar to 21 or 25, or that "USDMXN" will go down, meaning the peso will strengthen vs the dollar (change to 18 or 16 to the dollar)? When I moved here in 2005, the peso was 10 to 1 USD. Not that long ago it was 13 to 1. If I thought the peso was going to strengthen (go from 19 to 1 to 18 or 16 or 14 to 1), I would convert more USD to Pesos right now. If I thought the peso was going to weaken more (go to 21 or 24 to 1 USD), I would just continue to wait. Mike

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