tag:blogger.com,1999:blog-34323687.post8112427013228476295..comments2024-03-29T12:26:35.581+00:00Comments on Macro Man: CloudyMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-34323687.post-78675385883313561362007-07-25T17:07:00.000+01:002007-07-25T17:07:00.000+01:00BR's not a fan of yours because you run real money...BR's not a fan of yours because you run real money and have a clue ..... he worked for a penny-stock firm for many years before going out on his own .... he mistakes being articulate , which he is , with being smart , which is questionableAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-65228750713777541452007-07-25T13:48:00.000+01:002007-07-25T13:48:00.000+01:00"The former Ichimoku cloud resistance zone is now ..."The former Ichimoku cloud resistance zone is now below spot and is turningin into support, and there are also several rising trend-line support clusters on the 118 handle."<BR/><BR/>07/25/07 - from a Swiss bank's sales desk...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-2782715606660903422007-07-24T21:00:00.000+01:002007-07-24T21:00:00.000+01:00MM - I responded to your comment on Avian FX....Se...MM - I responded to your comment on Avian FX....See <A HREF="http://www.blogger.com/comment.g?blogID=18079728&postID=6750506456877794517&isPopup=true" REL="nofollow">here</A><BR/><BR/>-C-"Cassandra"https://www.blogger.com/profile/17412381249313151515noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-54599619798188371572007-07-24T18:33:00.000+01:002007-07-24T18:33:00.000+01:00Well...as I noted in the post, the chart WAS float...Well...as I noted in the post, the chart WAS floating around the London market this morning, so it's not like I "found" it by myself as such. And I'm pretty sure that Mr. Panzner visits here occasionally, so it's entirely possible that he saw it and passed it on to Mr. Ritholtz, perhaps even with attribution. <BR/><BR/>BR is apparently no fan of this space, however, after I denigrated the quality of some posters on his site (some of whom he himself refers to in disparaging terms)and a poster here accused him of biased analysis.<BR/><BR/>However, life's too short to worry about something like this, particularly when it may have come to Mr. Ritholtz in the manner he suggests.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-63548802100668370202007-07-24T18:11:00.000+01:002007-07-24T18:11:00.000+01:00is Barry Ritholtz a stupid nut ? i thought he is a...is Barry Ritholtz a stupid nut ? i thought he is a credible fellow<BR/><BR/>the big mouthed ahole lifted this from here ? too badAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-84961885416604721162007-07-24T17:40:00.000+01:002007-07-24T17:40:00.000+01:00Barry Ritholtz lifted this from you and attributed...Barry Ritholtz lifted this from you and attributed it to his equally bearish buddy Mike PanznarAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7094099604440874232007-07-24T14:40:00.000+01:002007-07-24T14:40:00.000+01:00There have been a few rumblings from Ecofin, but y...There have been a few rumblings from Ecofin, but you probably need to see a meaningful deterioration in Europe's economic prospects and/or external balance before the complaints start in earnest.<BR/><BR/>As you note, Germany is close dislocating a shoulder in patting itself on the back for the euro's strength, but wait until that strong euro is counter do the monetary policy needs of the region generally and Germany in particular.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-27485442580210322302007-07-24T14:33:00.000+01:002007-07-24T14:33:00.000+01:00sarko aside, why is europe so willing to tolerate ...sarko aside, why is europe so willing to tolerate this? i mean, judging from the gripes back in 2000 the gentlemen of frankfurt should be slapping themselves on the back for a euro where it is. but i'm still surprised europe hasn't made the yuan as much of an issue as the US has. i guess that may change slowly as the trade-c/a balance does. it does seem like the burden of pressure is more on europe these days than the US.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-86599321858838071392007-07-24T14:24:00.000+01:002007-07-24T14:24:00.000+01:00re: the eurozone -- agree that the strong euro imp...re: the eurozone -- agree that the strong euro implies a current account deficit. right now that is the only way the world economy can adjust. the weak RMB (and weak yen) imply a rise in Asia's current account surplus that surpasses the fall in the oil exporters current account surplus, which may not fall all that much in any case if oil stays in the 70s ...<BR/><BR/>I actually have been surprised that the eurozone balance moved from a small deficit (it was tracking -40/50b euros on a rolling 12m basis for a while) into what looked like surplus/ balance. The current deficit is at least partially a product the swing from $50 to $75 a barrel oil. but the strong euro isn't helping. The us bilateral deficit with Europe is falling fast. and China/ Japan are both registering large increases in their bilateral surpluses with europe. <BR/><BR/>in any case, the US trade deficit cannot get much bigger, so the only real way east asia can sustain its growth strategy is by inducing a bigger european deficit. or put differently, europe can enjoy the fruits of offering a reserve currency to a reserve rich world ...<BR/><BR/>bsetserAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46171288958046413242007-07-24T13:44:00.000+01:002007-07-24T13:44:00.000+01:00Yeah, I saw that. No doubt if Wagner were alive t...Yeah, I saw that. No doubt if Wagner were alive today he'd write on operatic piece called 'Ride of the Watanabes'.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-74134190032778363362007-07-24T13:24:00.000+01:002007-07-24T13:24:00.000+01:00In case you're wondering. Japanese FX margin trade...In case you're wondering. Japanese FX margin traders on the TFX lifted their net long positions on the yen crosses (USD, AUD, EUR, GBP) by a cool 30% on Friday/Monday, and overall longs are record (on admittedly young data). Ichimoku be damned.Anonymousnoreply@blogger.com