ManAboutDallas

Today in Commodities: Dollar Up, Again

You appear to be one of those poor souls who thinks the world begins at the Statue of Liberty and ends at the Golden Gate Bridge.
Sure enough, the United States is in recession and heading for worse, but the U.S.'s day in the sun is over, and the rest of the world is raring to go.

On Oct 28 11:19 PM CLH wrote:

> Commodities don't go up during a recession (depression?). Gold doesn't
> go up during deflation. These things seem simple to me.

Today in Commodities: Vindication as Markets Make Sense

Be sure you tell the Chinese that, as their economy continues to grow at near double-digit rates. I'm sure they have NO IDEA how bad it's going to be for them. ( eyeroll )


On Oct 31 02:27 AM Rokjok777 wrote:

> China demand will surprise on the downside before H2 2010. That will
> kill the AUD; and maybe alot more things too

Today in Commodities: Vindication as Markets Make Sense

The double bottom at $16.13 today put the fix in for silver. All kinds of great butter-the-Chumps setups in the works. Next week the plug gets pulled on all of them. Aussie looks ready to scream for Parity, and it'll drag Kiwi along whether it wants to go, or not.

Today in Commodities: Utilizing Leverage

Same reason snails are tastier when you call 'em "escargot".


On Sep 26 03:29 PM Rick S. wrote:

> Is there any reason why we have to "utilize" leverage? Can't we just
> "use" it?

Today in Commodities: The Almighty Buck

If it looks like a duck, and it walks like a duck, and it talks like a duck.... it must be Yogi Berra, doing an AFLAC commercial.


On Sep 24 05:39 PM woodennickels wrote:

> Matthew "Art Cashin" Bradbard....
>
> just remember... cash... is just as good as money

Today in Commodities: The Almighty Buck

Just a "death rattle" rally for the US$, 'Bard.... nothing more than that. It'll be lucky as all get out to make it to that 78.50 target of yours, there are two powerful Fibo's waiting right below that number; I don't think it'll make past 77.50. All the "dollar rallys" for the last week have had this Roman candle look to them, brief bursts and then... pppppphhhhhhtttttt..... no reason to think this one will be any different.

Today in Commodities: Living Up to Expectations

'Bard.... let me share something with you I learned a long time ago:

The more that one is hated, and the more enemies one makes, the closer one knows they are getting to the truth.

NG is in final capitulation mode, and you'll be vindicated. Nearly all of the Canadian NG juniors I follow have formed classic divergence bottoms against the NG low itself. Steady as she goes.


On Sep 03 05:52 PM Matthew Bradbard wrote:

> Hammer
> Did someone hit you in the head with a hammer? I am long $1 call
> spreads not futures so though clients are down they are still in
> expecting a move higher. See previous posts. Clients that listened
> to me are down in this trade but most are also long sugar and silver
> from much lower levels. It is called diversification.

Dollar, Gold and Oil: Gauging the Turn

Bartlesby,
I think what Ashraf MEANT to say, and didn't say very well, was that the upward crossing of the 100-MA above the 200-MA was the first time the crossover itself has happened in 2 years. In other words, "It's done it, again". I don't particularly comprehend the significance, but then I don't use either of those values or simple moving averages in my tech work.


On Mar 20 02:31 PM Bartlesby wrote:

> Ashraf - in your chart you say that the 100-day MA exceeds the 200-day
> MA for the first time in 2 years, yet the chart shows that the 100-day
> exceeded the 200-day only 8 months ago.
>
> Could you please clarify and also explain how this suggests a price
> target of $1,050 by the end of the quarter?