1.4255 at European open?
My assumption is that the move down isn't done and Pound is likely to make another leg down.
JI
jimkane
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I'm still not getting my hopes up. Maybe if it hits 2000 area I'll start to get excited.
JI
jimkane
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Yep.
Originally posted by jimkane
That does look like the start of an upmove.
JI
jimkane
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I can't recall the last time my gut read was 'incorrect'. Let me think, it was the time... no. Oh, yeah it was when... no. I remember, no, wait... Nope, can't think of a time...
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jimkane
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They'll just keep going until one day the explosion is so big it knocks the earth out of its orbit. Until then, their viewpoint is 'game on'.
http://www.zerohedge.com/news/2016-04-06/here-we-go-again-obama-pushes-banks-lower-home-loan-standards
http://www.zerohedge.com/news/2016-04-06/here-we-go-again-obama-pushes-banks-lower-home-loan-standards
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jimkane
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I think I'll be on the long side for quite awhile. I can't see any reason this isn't going to grind right up to new all-time highs.
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jimkane
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There are a few wishes I could make right now, and if I had a wish I surely wouldn't use it on this, but if I had an extra wish, I would. Understand, none of this is a reflection of me fighting the market or not getting the side right, or anything directly trading related, only my unbridled hatred for the power-mongers manipulating things endlessly. My wish would be to have the money to hit this thing so hard here it would rattle the manipulators ancestors. Start selling 1,000, or even 10,000 lot blocks, and do it relentlessly, mercilessly, until this thing implodes or it ends the world as we know it. Just keep giving it to them until there were no takers, then load up the ask hard. I'm talking about a supernatural wish, like from a genie in a bottle. To have many quadrillions of dollars to work with, no, quintillions of dollars. Then just hit it until it's bid at zero. Then I could sing some R.E.M.: 'It's the end of the world as we know it (and I feel fine). I feel fine.
