By: brukevlay
18/08/2007
9:42 am Yahoo! Profile:
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Smart,
"I believe the same but we need the correction if it is to go higher you have to understand precious metals had been trading sideways for the better part of 5 months and that is not good for any investor."
I may be no good for the investor, but it is good for the market as gold went to $730 too quickly. It is building a base now for another run. It may get hammered down again when it reached $700 but watch it fly when this is breached. |
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By: smart.moves2000
18/08/2007
8:59 am Yahoo! Profile:
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crazyjimsmith
I believe you will find that the discount rate cuts in fact will bring the one economic woe under control going forward many will find gas prices dropping all across this Wonderful Global and more so in the US.
That will impact the price and demand for crude greatly as more and more are moving toward their conservative nature as hybreds begin to take the markets by storm. Many factors are beginning to come into play and the best part is crude demand will decline.
Ch!na has already begun trying to reduce the number of vehicles on the roads for many reason but the end result will be a reduction in crude demand. Great news all the way around that is why I continue to short crude going forward.
Try by not responding to those you feel are not genuine and honest in their post, you should not let it get personal as nobody really know your truest intentions.
Regards |
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By: crazyjimsmith
18/08/2007
5:45 am Yahoo! Profile:
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Rate cut and the supporting of Bear Sterns has done the trick for now.
All good.
Yes smart there are people here that don't know much and do not do much other than criticize. |
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By: smart.moves2000
18/08/2007
4:40 am Yahoo! Profile:
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Having an outstanding intraday with Financials running high and banks fOllowing close behind retail bouncing off their lows.
La Vita et Bella!
Regards |
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By: smart.moves2000
17/08/2007
8:35 pm Yahoo! Profile:
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crazyjimsmith
I see more of the same this intraday with one exception that being the JPY we may begin to see some slowing as the valuation seems to have moved ahead of itself. We may see a draw down in the Ja P anese markets as globally it becomes more costly to trade with Ja P an.
I expect the EURO and the GBP will continue to retrace where the CHF looks to be a good buy here and below these current levels. I continue to see crude declining and Nat Gas likewise while we may begin to see gold and precious metals holding steady throughout this intraday but be cautious as they look to return to the day opening prices moving into the weekend, this as well maybe a good place to hold out till the markets settle through the Tuesday.
Expectations are that Financials and Banks will continue to move higher while all technologies are getting squeezed as are most commodities.
Regards |
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By: smart.moves2000
17/08/2007
8:21 pm Yahoo! Profile:
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crazyjimsmith
Right back at you, very well said!
It people like this person that makes this trade such a wonderful profession as they hang on to every word as though change is nonexistent as so many scrutinize one's typing skills likewise. It seems they either have no market position or are simply just hanging around to bash.
Absolutely correct the one thing we can count on in this profession is change.
Regards |
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By: crazyjimsmith
17/08/2007
8:01 pm Yahoo! Profile:
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Well said smart.
The market is dynamic and constantly changes.
A skill full trader adjusts his views and positions according to the current and anticipated market conditions/direction. |
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By: smart.moves2000
17/08/2007
7:57 pm Yahoo! Profile:
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I suppose one must first explain the differences between trading and investing maybe you should pickup a book and look into that end.
It seems you really do not have the expoerience that is the trader. Nothing in the rules says that I must hold all expectations of the daily outcome to law. Rather just when trading the EURO for example many would have been foolish to continue holding but on the otherside one may find that holding USD several day longer and adding a few swaps may infact be to your advantage instead of taking a loss to fees and taxes.
But I am sure you already knew most of what I said, instead you may want to focus on your investment strategies rather than trying to scrutinize mine but thank you for your continued concerns. Maybe next time I time anything on this message board I send it to you for proofing.
Regards |
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By: smart.moves2000
17/08/2007
7:46 pm Yahoo! Profile:
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ecchi.gaijin
Well it like this in the US we have an unusual financial system if one takes their monies out of the system they have to pay taxes but gradual transfer from one account to another can reduce taxes. Then what one need to do is invest in strong equities that have little to no retracement and unfortunately the same has happened to PPS expansion but the risk of loss has in fact been reduced. This allows on to collect any potential losses in dividend while exchange in the equity shelter.
What I find incredible is that you try to scrutinize my financial structuing seems you may in fact be looking for a deeper insight into investing and structuring. Even the average day trader must find shelters when trading what I find is many use small IRA and ROTH accounts rather than becoming limited I use a system that allows to take a loss and add as net gain through dividends.
If you hang around long enough maybe one day you to can learn to trade with little risk and great reward.
Regards |
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By: ecchi.gaijin
17/08/2007
1:52 pm Yahoo! Profile:
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Smarts, how much of what you say can anyone believe? 2 weeks ago you said
"I would never trade any longer than daily and even then keeping my finger on the trigger at all times.
I would never trade any longer than daily and even then keeping my finger on the trigger at all times."
But now you say you are still holding long some stocks since 2001? Are you giving others advice that you don't trust yourself or are you just full of it? |
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By: smart.moves2000
17/08/2007
12:38 pm Yahoo! Profile:
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I believe we will begin to see the signs of a recovery in most quality value and growth securities and continue to see weakness in the fandamentally fallen. But, I have a bad habit of selling into strength and never buy weakness.
Seems that the rules of the trade have implied the only way to win is taking that which others are only to willing to give you.
I figure that we will see volatility leveling and many more hedge funds digging themselves ever so much deeper.
I like all securities equally as the bottom line is all in percentages so if I can pull in 5% on 50000K @ 5USD or 5%5000K @ 50 it all comes out in the wash.
It seems all to many investors forget why they came to the game.
I expect Financials and Banks will climb more tomorrow and expect they will start the recovery. Although, I have not begun to to my analysis for tomorrow as of yet but so far it looks like the JPY is heating up and if somebody does not slow it down inflation in Ja P an will get away from them making for more volatility.
Regards |
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By: michiandsorafrayda
17/08/2007
10:38 am Yahoo! Profile:
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i dont think people genuinely expect a recovery today, just a slow down of the share dumping. thats the most i can hope for. Although, the lower the market goes, the better it is for the cashed up inverters. Heck if it drops far enough, youll be able to make as much off the Blue chips as we were getting on the Specs over the last 6 months.
that said, its bad Karma wishing something bad on others. So, GO MARKET!! ?? |
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By: anthony_sadgrove
17/08/2007
10:33 am Yahoo! Profile:
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| great recovery - market down 0.2% |
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By: smart.moves2000
17/08/2007
10:20 am Yahoo! Profile:
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crazyjimsmith
It been a wild ride with volatility of which one can not simply explain. How have you fared these past week. I have read many of your post but none seem to be firmly commited.
You should find plenty of green this intraday and considering you start the markets off you can capitalize nicely.
Best Wishes and may you Prosper Always
Regards |
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By: crazyjimsmith
17/08/2007
9:48 am Yahoo! Profile:
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| Nice call Smart and a very welcome late rally! |
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By: smart.moves2000
17/08/2007
6:59 am Yahoo! Profile:
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brukevlay
I believe the same but we need the correction if it is to go higher you have to understand precious metals had been trading sideways for the better part of 5 months and that is not good for any investor.
I trade long you have too I have holding that have been in my portfolio since 2001 and I take profits and enjoy the returns and dividends likewise. Nothing wrong with going long but if you really want to diversify you position you should trade in and out as well as derivatives and options and swaps. Nothing wrong with understanding what makes the markets move to and fro.
Hold tight I believe we are getting to the bottom on gold but it may still have a bit more downdraft momentum.
Regards |
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By: legsio
17/08/2007
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From what i can see copper is down from 3.40/lb to 3.15/lb or 7%?????? From :
http://www.kitcometals.com/charts/copper.html
Is this right??? If it is miners will be hammered today... |
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By: brukevlay
17/08/2007
6:30 am Yahoo! Profile:
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Good pickings. But I still say longer term: Gold and silver up. USD down. DOW and S&P down. All Ords down.
You have to keep in mind most of us here are not day traders.
I can't put a time on "long term" except to say when it becomes too difficult for the pr!cks at the "Federal" Reserve to keep the USD from tanking. Yet one more bounce up from it's support recently. Gold and silver hit yet again. |
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By: smart.moves2000
17/08/2007
6:00 am Yahoo! Profile:
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GOLD down Crude down EURO down GBP down
Had a prefect trading day could not have asked for a better day if I had designed it myself.
Wait I did!
Regards |
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By: smart.moves2000
17/08/2007
5:57 am Yahoo! Profile:
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Crazy
DOW and S&P Closing UP
And all my financials and banks out on TOP!
Regards |
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By: smart.moves2000
17/08/2007
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Well maybe but I told you for several days Financial were set to break and guess what?
Financial Broke and the percentages are unbelievable. Wonderful Hit this one out of the Park "Triple Play"
Has never been better I told you if you are going to make a profit you had better get on the financial and banks.
Regards |
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By: crazyjimsmith
17/08/2007
2:44 am Yahoo! Profile:
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| US Markets continue to get smashed.......... |
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By: smart.moves2000
16/08/2007
9:36 pm Yahoo! Profile:
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I continue to be short crude, precious metals the EURO, GBP, CAD
and Long Financial Institutions, Global Banks CBA, WBC, MBL, USBN.VX, AAH.AS, BARC.L, BAC, C, WFC and several other global banks. While grain future and soft futures continue to be attractive as do the packaging equities.
I believe we will begin to see the markets gain and equities bounce in the face of options expiration just maybe this will be the positive note needed to slow the fear selloff trend.
Regards |
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By: smart.moves2000
16/08/2007
9:22 pm Yahoo! Profile:
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With manufacturing in the US on the rise and the US TIC hitting the highest levels since the Asian buying spree began currently at 130B.
Honestly, does anybody expect housing numbers to expand with most builder, timber on the decline, although bad for the economy great news for the enviroment. As we continue to expect weakness in Canada we find that will add more strength to calls for lower crude pricing, so it widely expect that crude will continue the Bearish trends.
Now, we need only to convince the BOE to lower the central bank as the WestPac continues to express calls for lower rates as more and more Hedge Fund lack of risk management continues to threaten the the better than 10,000 global hedge funds.
We continue to watch these energy pigs in the Middle East and the White House looking to scare consumers with higher crude pricing and again it all began with the inflated crude pricing sending speculators into the crude markets. As this continued over the past 3 years the sucking sounds coming spun the carry trade out of control as much of the currencies transfers placed great stress on the currency markets. Then once the economy pivoted and crude and currencies followed the trends both and likewise precious metal continued to Bubble the POP was realized as the global economies faultered against the speculation and manipulation of crude pricing.
If anybody needs somebody to blame you need only to look at the Fund Managers for beating the drums on speculation and the central banks for allowing it to continue.
I expect a major correction as option expiration nears and securities begin to get a bounce and fear selling declines. Now all we need is for someone to shout in the EARS of the EU and UK to lower the central bank rates. in that face of more crude speculation as the hurricane season has the first of the near misses to the US coast lines.
Regards |
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By: smart.moves2000
16/08/2007
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tradermum
The biggest risk to the Australian markets continues to be your hedge funds with the Basis Capital expected to loss better than 80% at current calculations. Seems that with a continued rising JPY and USD while the AUD continues to correct. The light at the end of the tunnel continues to be the overall strength of the Australian Banks and Central Bank. What may begin to happen is a swift reduction to the central bank rate to lower than 5.5% that in itself will add large blocks of liquidity and security to consumer.
I believe that the real cause of much of this fear was the lack of action by the EU to correct the expanding EURO back in May till now and they continue to look to strengthening the EURO can somebody please tell them "It's the EURO, stupid".
Just take a look the the UK with declines in the Claimant Count Change while declining it simply has not declined to the estimated target and what will make this even worse is a decline in UK retail sale with an expanding inflation.
Now, is the time to start cutting central bank rates and please don't add to the fire by raising the Bank rates, don't these Far King Morons know that that is exactly what has subprime and now prime spinning out of control with the ARMS at extreme rates.
I once told these the greatest minds in economics to buy down the ARM rates at the beginning of May and even just before this blow up at a discount and we would not have had these problems which at present are continuing to expand into the rest of the markets sectors.
Seems it really does not matter just how much you know but who you know inorder to be appointed to the highest economic positions across this great globe. Now, that banks and financial have bottomed we can expect many will find that most bottom feeders are looking to buy up this banks. Just watch as Ch!na steps in and begins to aquire huge blocks of these multi international banks.
With manufacturing in the US on the rise and the US TIC hitting |
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