usaone
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Post by usaone on Mar 2, 2011 12:39:03 GMT -5
Is now the time to buy the dollar?
I think so.
Bruce?
Flow5?
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verrip1
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Post by verrip1 on Mar 2, 2011 15:47:55 GMT -5
I make a little almost every day holding UDN, the bearish dollar ETF. I used to try to guess or take expert advise when something was going to bottom. I've given up trying and now wait for an inflection point to come. I haven't found that the theorists are ever dependable on predicting currencies, so I wait for the technicals.
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usaone
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Post by usaone on Mar 2, 2011 16:06:00 GMT -5
If the economy takes off Dollar up.
If the middle East goes crazy Dollar up.
One of the two is happening now.
My opinion.
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usaone
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Post by usaone on Mar 23, 2011 16:16:57 GMT -5
Dollar bottom???
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texasredneck
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Post by texasredneck on Mar 23, 2011 16:23:28 GMT -5
Not likely!
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dumdeedoe
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Post by dumdeedoe on Mar 23, 2011 18:41:45 GMT -5
Old school dumb question here. Shouldn't a low dollar increase demand for USA products and help with the private sector unemployement problems?
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usaone
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Post by usaone on Mar 23, 2011 19:20:56 GMT -5
Old school dumb question here. Shouldn't a low dollar increase demand for USA products and help with the private sector unemployement problems? Thats Ben's game plan. ;D |
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decoy409
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Post by decoy409 on Mar 23, 2011 19:31:36 GMT -5
USA,which is it? The economy is improving or it is not improving? You should make up your mind as like clockwork you have been praising the economy as it is magic and we have had a 100% turnaround and everything is coming up roses. That is the analysis you give out yet you state, Quote: If the economy takes off Dollar up. Try watching the FOREX and ICE DOLLAR INDEX and start learning about fiat currency.  |
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Post by frankq on Mar 23, 2011 19:47:42 GMT -5
Come June, with no QE3, we dip, but within a year I'd bet that interest rates start to rise. When that happens, dollar up!
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Driftr
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Post by Driftr on Mar 24, 2011 11:52:19 GMT -5
Come June, with no QE3, we dip, but within a year I'd bet that interest rates start to rise. When that happens, dollar up! I really hope that's the path we take. I could truly care less if the dip turns into a drop and my mom, brother, and I all end up back in the same house plus a couple wives and four kids. It would be worth it to see some light at the end of this insane deficit tunnel and believe once again that it isn't an oncoming train. |
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usaone
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Post by usaone on Apr 27, 2011 9:09:39 GMT -5
No one buying yet? It wont get much cheaper! ;D
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Driftr
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Post by Driftr on Apr 27, 2011 9:28:18 GMT -5
No one buying yet? It wont get much cheaper! ;D You still have dry powder after all the GLL you've been buying? |
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usaone
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Post by usaone on Apr 27, 2011 9:30:31 GMT -5
Yes I do. And it hasnt been much!
A lot is going to happen over the next 60 days or so.
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Driftr
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Post by Driftr on Apr 27, 2011 9:54:07 GMT -5
Yes I do. And it hasnt been much! My bad. I thought you were a stronger believer in the fall of GLD. |
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usaone
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Post by usaone on Apr 27, 2011 10:03:18 GMT -5
I am...just not sure of the timing.
We'll see what the Fed says today. I would like to hear they are at least thinking of tightening.
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reasonfreedom
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Post by reasonfreedom on Apr 27, 2011 11:04:26 GMT -5
The dollar will rise for a couple of different reasons...............  lol, well let me try. The sun will rise for a couple of reasons..... Humans will breathe air for a couple of reasons..... My name is Nostradamus  |
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Post by lifewasgood on Apr 27, 2011 13:15:02 GMT -5
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usaone
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Post by usaone on May 5, 2011 10:22:47 GMT -5
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Post by lifewasgood on May 5, 2011 15:37:54 GMT -5
No, this is a short term bounce that will not last.
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usaone
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Post by usaone on May 5, 2011 18:18:34 GMT -5
It is the start of a long term climb. Buy the dollar. Sell the Euro. |
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usaone
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Post by usaone on May 11, 2011 15:23:13 GMT -5
It is the start of a long term climb. Buy the dollar. Sell the Euro. |
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usaone
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Post by usaone on Jun 24, 2011 9:51:34 GMT -5
Dollar is holding up pretty good. All the angst about the dollar has faded in the last few weeks. With the killing of Bin Laden and the end of QE2 the dollar should have a nice run for a wile. |
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flow5
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Post by flow5 on Jun 25, 2011 15:42:45 GMT -5
I bought the Mexican Peso once when there were rumors of an imminent devaluation. Rumor was denied about an hour later. One of my best trades.
We're already in an uptrend [US DOLLAR INDEX (NYBOT:DX)],
And money, velocity, & flows, have at least temporarily bottomed. BUY BUY BUY.
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usaone
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Post by usaone on Jun 26, 2011 11:48:09 GMT -5
I was a little early on the dollar and getting out of Gold. But I'd rather be early than late. |
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Post by maui1 on Jul 5, 2011 8:19:37 GMT -5
The dollar will rise for a couple of different reasons...............
it will rise, but not for any GOOD reasons. best of the worst, world currencies, does not make for a good foundation investment,
the aussie, swiss, and canadian, are the only real fiat currency values
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usaone
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Post by usaone on Jul 12, 2011 8:06:55 GMT -5
Looks like the dollar is going to make a nice run for awhile.  |
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Post by maui1 on Jul 12, 2011 8:12:08 GMT -5
Looks like the dollar is going to make a nice run for awhile.
it will at the expense of the ignorant. the aussie, swiss, and canadian currencies are the only currencies that should be bought, if you are fleeing to safety.
moving from the pot to the fire is a trap, and those that move into the dollar will find this out, to their detriment.
but- if this is a very short term money play, it will work, as you can take advantage of the stupid of the world.
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flow5
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Post by flow5 on Jul 15, 2011 16:16:25 GMT -5
Dollar strength is in the short-run related to the yield curve. The yield curve is at this point primarily a function of Treasury borrowings (e.g. now the debt ceiling impasse).
Faster economic growth would portend higher private loan demand. But wages and jobs continue to stagnate. And MVt topped in July.
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verrip1
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Post by verrip1 on Jul 15, 2011 19:13:37 GMT -5
The yield curve?  WTF is the yield curve doing, Flow? |
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usaone
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Post by usaone on Jul 15, 2011 21:23:57 GMT -5
What else can you do but play the hand your dealt?
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