tag:blogger.com,1999:blog-34323687.post1613564040112185361..comments2024-03-18T18:27:47.714+00:00Comments on Macro Man: Perched On A PrecipiceMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-34323687.post-41888149083665447952009-01-13T08:21:00.000+00:002009-01-13T08:21:00.000+00:00Well, as you asked at the end of the post, the Eur...Well, as you asked at the end of the post, the Euro is going lower, now at 1.32.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-3395050462395971402009-01-13T01:32:00.000+00:002009-01-13T01:32:00.000+00:00The entire market might get a bounce once Obama ta...The entire market might get a bounce once Obama takes office.<BR/><BR/>Think market can rally to 10,000+ before resuming the big leg down.<BR/><BR/>Oil has low risk at these levels, might test 28 or so, due for a counter rally in the next month or two. Negative press is a good indicator.<BR/><BR/>MM, any take on oil at the moment?<BR/>is gold on the cliff or head faking?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-23321133720937482732009-01-12T23:00:00.000+00:002009-01-12T23:00:00.000+00:00ECB is another name for extremely credible bureauc...ECB is another name for extremely credible bureaucrats. Not.<BR/><BR/>There are too many Germans in the Union still fighting their inflationary Great Depression of the Weimar era. Always one step in the grave of a liquidity party.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-50387831495270528782009-01-12T22:54:00.000+00:002009-01-12T22:54:00.000+00:00Absolutely one week ago. Loving risk to hating ris...Absolutely one week ago. Loving risk to hating risk. Perhaps to love again soon. And hate thereafter.<BR/><BR/>Maybe all this is a prelude for 2009. Like a nasty soap opera or two fisted Shakespearean play.<BR/><BR/>"Thou art a fool, a coward, one all of luxury, an ass, a madman."<BR/>http://www.pangloss.com/seidel/Shaker/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-80651083463495174422009-01-12T14:26:00.000+00:002009-01-12T14:26:00.000+00:00MM, am missing the more detailed trade analysis we...MM, am missing the more detailed trade analysis we used to get, esp since we can no longer see your book. I know there's not too much to do at mom, and always appreciate the commentary (and with impressive daily regularity), but...<BR/>Fwiw dipped a toe to short USTs and waiting to go long 2nd WTI contract (or a Brent-WTI compression), also short indices. Think €$ risk is to upside.<BR/>Just a fan, JLAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67955873346767292282009-01-12T12:59:00.000+00:002009-01-12T12:59:00.000+00:00Anon # 1...I think the probability is higher than ...Anon # 1...I think the probability is higher than last year, particularly if and as the yen continues its independent strength against everything. In that sense, EUR/JPY is probably more important than USD/JPY to watch...as intervention at USD/JPY 80 is much more likely with EUR/USD 1.20 than it is at 1.50. The former is yen strength, the latter is dollar weakness. In any event, there's a chance, hence its omission from this year's non-predictions.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-61214855441983302812009-01-12T12:42:00.000+00:002009-01-12T12:42:00.000+00:00EUR/$ is ALSO treading very close to the 55 day m/...EUR/$ is ALSO treading very close to the 55 day m/a at 1.3405 lvl for what it is worth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-73540257837431431322009-01-12T12:34:00.000+00:002009-01-12T12:34:00.000+00:00MM, any predictions for the JPY & likelihood o...MM, any predictions for the JPY & likelihood of MOF intervention this year?Anonymousnoreply@blogger.com