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I am all for it .I got a SPY short to make up.BullBear52x wrote:New high enough to take out shorts stop, I think we roll down now
BullBear52x wrote:Classic Bulls trap
of course I can. you might not understand the story behind it: if all you have are US$ but you have to spend in other currency, you're essentially broken, no matter how hard you work. just look at how much the dollar depreciated. Once, CAD to US is 0.62:1, now, it's 1.05:1, and the Canadian goods are still 25% more expensive than US plus you have to pay far more tax than US, income tax, 13% sales tax etc etc. Just think about the other countries, say, China, all the US debt it holds depreciated 40%, that means 40% of its properties are gone and no signs that this is going to end soon because still QE3 or QE2.5 is possible. The question is to what extend that the other part of the world (other than US) wouldn't accept the US$ and US debt anymore?q2model wrote:Cobra wrote:just kidding. if the dollar keeps dropping like this, eventually I have to ask you guys for money (because I earn dollar but spend in CAD and this is true that I lost more than 40% of my properties simply due to dollar depreciation! those who live in US don't have single idea, how much dollar depreciation can affect the other's life!). and please, the money has to be CAD, absolutely no US$ please!
Can u use your methods for Canadian market?
Lots of support below still, we play you pay, that's how Washington rolls. today's problem is too little tax not enough money to spend LOLMe XMan wrote:But they keep hitting the BUY button!
BullBear52x wrote:Classic Bulls trap
Cobra, can you please explain the text book pull back target of this chart? thanks!Cobra wrote:still ChiOsc is too high. let's see if the wedge support could hold here.
no target. used to mean 4 hour pullback.jasmine wrote:Cobra, can you please explain the text book pull back target of this chart? thanks!Cobra wrote:still ChiOsc is too high. let's see if the wedge support could hold here.
BullBear52x wrote:$vix is too low to get the Bears going. I am not cheering for the crash. to me market spend same energy to move up and down, if it moves one way or the other far enough I am good. hate side ways
what does that indicate?cletus wrote:Massive intraday volume spike in DRV.
You could buy a house in Florida and trade over there. Why are you stuck in Canada?Cobra wrote:of course I can. you might not understand the story behind it: if all you have are US$ but you have to spend in other currency, you're essentially broken, no matter how hard you work. just look at how much the dollar depreciated. Once, CAD to US is 0.62:1, now, it's 1.05:1, and the Canadian goods are still 25% more expensive than US plus you have to pay far more tax than US, income tax, 13% sales tax etc etc. Just think about the other countries, say, China, all the US debt it holds depreciated 40%, that means 40% of its properties are gone and no signs that this is going to end soon because still QE3 or QE2.5 is possible. The question is to what extend that the other part of the world (other than US) wouldn't accept the US$ and US debt anymore?q2model wrote:Cobra wrote:just kidding. if the dollar keeps dropping like this, eventually I have to ask you guys for money (because I earn dollar but spend in CAD and this is true that I lost more than 40% of my properties simply due to dollar depreciation! those who live in US don't have single idea, how much dollar depreciation can affect the other's life!). and please, the money has to be CAD, absolutely no US$ please!
Can u use your methods for Canadian market?
i think he will be.99er wrote:Wanna Bet On Bernanke?
http://www.intrade.com/v4/markets/contr ... tId=748903
h/t Zero Hedge