Ok, stand by for a huge dollar - rally your not suppose to know about...

reply to post by sligtlyskeptical

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damn straight

i hate stops as well, but that is the name of the game, although you must have one in futures contracts - equities a diff. story, but its like this

1. its good to have a plan of attack

2. not good to play the professionals in their arena

thats like me going to isleworth cc and taking on t. woods - dont get in the way of a retail heavily traded biotech - should be a rule to live by

and those pro's def. saw everyones stops lined up and ready - dont give the market makers the gift - tough lesson though

To repeatedly misspell the word ''stochastic'' is odd.
I'd love to know something about your past.
Maybe then I could understand why you are hung up on this word.
Do you pronounce it ''schocastic'' live and in person?!

reply to post by Cabaret Voltaire

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yea, I have asked for a spell check here on ATS, I'm a terrible speller...
If you see a thread of mine thats all 100% correct everything...
thats because I have people who actually do good in that arena.
and they from time to time take dictation and I post it... my strong points are on detail. problem solving, adapt and overcome adversity. heck I bet you use one or two of my idea's everyday. that corporations and people have stolen from me over the years... Iam not famous, nor do I wish to be. that is not my job as I see it. I see 300 million lame duck Americans that are fixing to get a rude awakening... I just hope its before its too late... after all they have almost destroyed religion in this nation. when they do... its all over -- evil wins, and it doesnt matter if a good guy does something or not. they will just kill the good guy.

reply to post by cpdaman

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well like I said this stuff is not new... they just dont teach it, Phil does.
and I'm not Phil so what does that say about what I'm telling you...?
they want all the money - and the markets is how they are going to do it.
notice the ETF they are new... they are all wired to allow a few to control the many... so we are in the final stages of what ever they have planned.
ETF's are a major part of this... ? why do they allow ETF's its because they can crash a whole industry all the companies at once in that segment...
with just one stock. they are going to move the markets in absurd territory according to Lindsey Williams... we are not in absurd territory in my opinion... for this is still ground that the markets have already achieved so therefore Lindsey is saying the super rich are moving the markets really far out on the limb before they cut off the limb at the trunk sort of speak -- trapping trillions of $$ in a very deceptive kind of way.


[edit on 23-10-2009 by Anti-Evil]

reply to post by Anti-Evil

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I agree OP.

I see gold at 600$ before it hits 1200$. We are set up for a massive stock market crash. This is one of the best times to short the market I have ever seen. Long the dollar, short the market is my current strategy.

I hope you are right. I have concluded the same thing.

HAIL LA FREAKIN LU YA !
Its "ALL" paper fake money transfers speculation risk over no value margined leveraged smoke and mirrors crap-tas-tic.
Need =Demand =Employ=Produce=Sell=Earn=Purchase

repeat as necessary


Not in America Anymore, the best and the brightest as we are told, DO NOT run this country .... its been sold long ago for a few pieces of silver and personal promises.

Star for You Z

To add credibility to your post, it is an interesting note that you started this discussion only a few days before an article titled 'Dollar Turnaround?' was published by TheStockAdvisors.com. The article can be read at -

Dollar Turnaround?

Elliott Wave International is predicting a rising dollar also.

"An increasingly loud chorus of investors expects the imminent demise of the US dollar and US Treasuries. They also expect that an exploding monetary base and the US’s structural problems will lead to massive inflation. This opinion may prove to be correct in the very long run, but evidence continues to mount that a deflationary phase will come first."

www.elliottwave.com...

reply to post by downtown436

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When gold hits 600 or even 300 again, I will buy all I can and wait for another year like this. I have seen gold cycle over and over. It is a long term investment to sit on, but it will eventually happen. I could have done this twice in my lifetime and come out smelling like a rose. Just wish that I had the capitol and/or the guts. Now, I do!

Anyone that touches gold now needs their head examined, unless they can deal in *huge* volumes, in which case, it would just be a game to them anyways, with some spare change to play with. A million here, a million there...

reply to post by Anti-Evil

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I am a professional advisor and you are wrong my friend, and I'll explain why. There are two types of stock movement, macro and technical. Macro is when a stock, currency, commodity, etc are moving because of an underlying issue. Technical movements are when something is moving for reasons as you describe such as charts and moving averages. Sometimes they can couple, but if the underlying macro reason for the move isn't fixed, the overall direction of the asset in question won't change.

Given why the dollar is getting crushed, this movement isn't likely to abate for sometime. There will be times when the dollar as small rally's or movements up. But you also have to keep in mind that the dollar has its own value to each currency out there. So it may rally against the British Pound, but continue its decline against the Japanese Yen.

Additionally, for something to make a purely technical movement, there needs to be a huge amount of people trading the same way. The US dollar is so widely traded and used, and people speculating on dollar movements only account for 10% of dollar trades. My point is, your reasoning is sound if we are talking about a stock like Google or Apple, but it is wrong when applied to the dollar in this current environment.

well, like I said if you look at the schocastics you will notice the weekly and daily are on the bottom... odds are it will go back to the top. dont you think if its on the bottom now, my friend. it can stick down here and continue to go down 2% a day... so time it when it comes back up... and go for a ride... but I dont think it can go down much further given the schocastics is basically why I started this thread... and I still think I'm a little early.... but as long as your time horizon is longer than a couple of days... this is a very good method of staying on the right side of thetrade...
and Sprint Netel is coming close to stopping me out... all I will do is wait and watch it more... when it starts moving my way again a week or so, I will wade back in and go for another ride... I could have gotten out at 3.48 with a 2 cent lose.. but what the hell... I still have them... and it cant go much further down either... but weekly says I am early... like a couple of weeks but I was under the gun for another example of the system that is kicking the crap out of people... they are looking at the crap to determine what... how to lose... ???? this is simple keep your loses low and your winners as long as you have higher lows.. and higher highs... its simple huh... why the other stuff ...???? other than to convince you a Word call FUndamentals starts with FU...

reply to post by johnny2127

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well thats the whole point of this thread is to prove it is accurate... so stay tuned ... before margin calling me ok... I have been doing this almost forever.. and my friend you are wrong... stay tuned, watch and learn... the market always does what its suppose to, just not when you expect it... its hard to comprehind why I buy down here... because no one does.... DAH...


oh and go back and read what I said about S and look at Thurs. chart and Friday chart... down to hour dude...

[edit on 24-10-2009 by Anti-Evil]

[edit on 24-10-2009 by Anti-Evil]

Buddy, you are talking about value buying right now. And if you know how to calculate currency valuations, the dollar is still overvalued.

The only way the dollar rallies in the 10%+ amount is if the economy and stock market start to crumble again and people pour into the dollar for safety. Absent that, valuation and internal market fundamentals indicate much further for the dollar to weaken. But nothing goes in a straight line and there may be little blips up.

I would recommend reading this article, because even according to technical indicators the dollar's tumble should continue.
Seeking Alpha

reply to post by Underworlds

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I just read the charts, I dont get programmed like CNBC or MSNBC... I turn on Bloomberg say 5Am and off at 7:30Am ... just to keep tabs on world markets and currency exchange, gold & silver - BKX.x .... XLF
UUP - UNG - SRS ... give me a good idea whats going on.. just watch the above and in a week or two they become my stock world... and I usually day trade Tech with the same pivot point style listed above.. for a eye opener .... I just do that and I dont recommend anyone doing it... Its Dangerous and boy do I know it.. I know these stocks, I watch them daily all day if I'm going for fast cash... I would never date a stranger, for a score on the first date .. there is a difference... and if you been around you know what works...

[edit on 24-10-2009 by Anti-Evil]

Thats just dead wrong. ETF's are just a sum of the parts of any industry or index. Shorting an ETF just effects the premium discount of the ETF, it has no effect on the underlying securities. They can try to influence investors in those with their actions, but it is always the underlying stocks which determine the price of an ETf. An ETF does not effect the prices of the underlying stocks.

I am also a "professional" or as i say a "licensed" advisor. Wondering where you got that "professional" designation. I think the OP is absolutely correct in his assertion of a rising dollar. I don't base my opinion on schocastics, but i also agree that they aren't a bad way to trade. i generally do not trade, but invest for the record.

As to the dollar, the truth is there is less money in the economy than at any point in the last decade. Sure our government is borrowing a ton, but the majority of that is coming from domestic sources. This means domestically the money is tied up by the government and can't be used to spend or invest. As we go forward, that will continue, and we will find there is less and less money in the economy as a whole. With less money in the economy the dollar should be stronger.

That said the folks running this country want a weak dollar to alleviate part of the debt burden. Just because they want it doesn't mean it will continue to be so. Eventuall the true economic realities will come to light and the dollar will strengthen. It's not until the goverment starts paying off their debt that the dollar will actually merit it's weakness. For that we are looking at a decade at least.

There is no money getting lost on the Stock Exchange. Only somebody else
will have the money.

Rather than trying to convince others of your system of trading, Anti-Evil,
and thereby watering down your own chances, just go to a bank with that
good idea and take up a big loan to multiply your stake.

Don't worry about trying to talk sense into him. He track's the US dollar with an ETF, which doesn't even track it 100% accurately. Which is the death of a currency trader given that most track it down to fractions of a penny. He readily admits that his strategy has gotten him killed at times. When it comes down to it, if you are trading anything purely on technicals, you will eventually get destroyed. Technicals and charts are not right all the time, or even anywhere close to it. Eventually the macro story and valuation plays out accurately. But an amateur trader that is more cocky than educated on the markets is a danger to his own bank account, and thankfully no one else's.

I can't bring myself to go to Philsgang.com, nor would I - but just wondering if old Phil has changed his tune since (suprise surprise) this mystical dollar rally noone was supposed to know about has yet to materialize?

Since Phil's call was made (and with it the associated call to exit gold positions) - gold is up another 120 bucks. Big losses/opportunity cost losses were you to blindly follow.

My advice, do your own due diligence and do not become a gang member of Phil and his secret system.

Jim Rogers also appears to believe that there may soon be a dollar rally.

Dollar Rally