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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (77178)10/29/2007 3:26:53 PM
From: Real Man  Respond to of 94695
 
It will start its decline after a strong GDP report and no
cut this week. That's my take, and it is based on widespread
manipulation of various so-called free markets, primarily
the market for treasury bonds (5% rates don't make any sense in
this environment)

forbes.com

The dollar should rally, commodities should drop, stocks
should rally, but it remains to be seen if they succeed. With
all the Fed buying of the dollar in August from Caymans and
London (that's the Fed's gateway for dollar support),
it still dropped sharply from 82 to 77.

Note: Tic data is here, so one can see all the buying -g-
Message 24005411

Naturally, I believe that when this manipulation fails, we
should see a spectacular market crash, and that the weak
dollar is a byproduct of this manipulation. We may see
hyperinflation if manipulation continues and intensifies.



To: $Mogul who wrote (77178)10/29/2007 10:07:44 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Another cut, and the dollar is likely to start free falling,
IMHO. We could see oil flying to 120 in a heartbeat and
stocks crashing then. BB should
think twice about doing what he's told to do (25-50 bp cut).
I'm not entirely sure that whatever he does is relevant
at this point, i.e., the dollar could start free falling
at any time regardless. No cut could buy some more time,
and that's why I think he will opt for that one, but the
dollar run is coming. A 50 bp. cut will likely start
this process right NOW. Expected 25 bp. will increase the
dollar slope some more.



To: $Mogul who wrote (77178)10/30/2007 9:38:22 AM
From: Real Man  Respond to of 94695
 
CL spec position is not large enough to indicate an imminent
sharp drop? It's a different story for gold, for which the
drop has started, I think