There is some banter out there that the dollar rally and
some
US
equity support has been coming from
Saudi Arabia
,
Kuwait,
and the UE. Their rationale goes that those Middle-eastern
countries are afraid that the
US
would not protect their interests under an Obama presidency and
problems from
Iraq
,
Iran,
etc. could spill into their countries while the
US
merely jawbones the problem with the UN. A second part of it is
rumors/speculation that
Israel
would attack
Iran's nuclear installations
in between an Obama win and his inauguration.
This hypothesis suggests that the rip-roaring dollar rally is a
result of the Mid-east support and that they may also be buying US
equity futures at critical times. It also suggests that they want
oil prices down around $100/barrel pre-election and declining
gasoline prices in the
US
.
I
am not suggesting that any implication of what Obama might do or
what middle-eastern countries are doing, thinking, or might do have
any merit at all. I just wanted to put out there some of the banter
I am hearing to consider within the realm of considering “all
sides” of many different spins that investors may be acting
on.
You "could" construe this as having a political bias towards
either major party, but is intended as purely informational.
Can any of the masterful technicians here give me a solid read
on BAC's chart? Or is it not making a compelling case right
here for a trade either way?
The community is delayed by three days for non registered users.
Dollar rumor & speculation
HUI/Gold ratio...already turning up.....!!!!!
Posted by wachy11 on 10th of Sep 2008 at 12:39 pm
RUMORS & SPECULATION (for emphasis)
There is some banter out there that the dollar rally and some US equity support has been coming from Saudi Arabia , Kuwait , and the UE. Their rationale goes that those Middle-eastern countries are afraid that the US would not protect their interests under an Obama presidency and problems from Iraq , Iran , etc. could spill into their countries while the US merely jawbones the problem with the UN. A second part of it is rumors/speculation that Israel would attack Iran's nuclear installations in between an Obama win and his inauguration.
This hypothesis suggests that the rip-roaring dollar rally is a result of the Mid-east support and that they may also be buying US equity futures at critical times. It also suggests that they want oil prices down around $100/barrel pre-election and declining gasoline prices in the US .
I am not suggesting that any implication of what Obama might do or what middle-eastern countries are doing, thinking, or might do have any merit at all. I just wanted to put out there some of the banter I am hearing to consider within the realm of considering “all sides” of many different spins that investors may be acting on.
You "could" construe this as having a political bias towards either major party, but is intended as purely informational.
Bank of America
Posted by wachy11 on 5th of Aug 2008 at 06:33 pm
Can any of the masterful technicians here give me a solid read on BAC's chart? Or is it not making a compelling case right here for a trade either way?
Thanks in advance.
question for Matt
Posted by wachy11 on 24th of Jun 2008 at 01:26 am
Title: Hindenburg Omen
Can you comment on this indicator and the technicals cited to support it?
http://seekingalpha.com/article/82182-high-likelihood-of-a-market-crash