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billv replied Mar 22, 2013yes me. With 72% retail positions short, they'll push the price up until the majority of SL's have been hit. It needs to come down but I feel its not time yet.
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 21, 2013
Thanks I saw it but I'm not familiar with your drawings. Is your TP target the pivot? (where the green dotted line intercepts the MA) Or do you have a lower target than that?
Aussie Trading Room and Cartoons Gallery
- billv commented Mar 21, 2013
So future growth is likely to be limited which is not surprising considering that asset prices are high and the world is going through a period of low inflation and/or deflation.
RBA Edey: The Financial System in the Post-crisis Environment
- billv replied Mar 21, 2013
So what do you think is going to happen? cheers
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 21, 2013
I hope you have a tight stop. With 70% retail positions short the big boys are likely to drive the price up against us
Aussie Trading Room and Cartoons Gallery
- billv commented Mar 21, 2013
She survived this time but she'll lose the elections in September, and a Liberal win will be good for business confidence.
Australia PM Gillard called to step aside, hold leadership vote
- billv commented Mar 19, 2013
They should not vote on it at all. Instead they should leave the eurozone, they don't need to be in it
Cyprus defence minister says parliament may not vote on bill today
- billv replied Mar 18, 2013
don't worry it now started to move, just get the direction right
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 18, 2013
Hi feather No worries mate but their latest reference to world economic conditions was that things are improving. On the other hand the Australian economy is steaming hot by western standards and federal and state governments are involved in ...
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 18, 2013
due to the latest news? How? The RBA doesn't set its economic policy watching bloomberg....
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 17, 2013
They haven't disclosed all details. They are talking about inactive accounts where the account holder isn't contactable but not to worry, this government will be history after September. These guys don't know what they are doing......
Aussie Trading Room and Cartoons Gallery
- billv replied Mar 16, 2013
surfer1 Don't count on housing prices coming down any time soon. With record low interest rates, with the housing shortage we are experiencing and the low level of unemployment there is zero chance of this happening. Also, IMO interest rates have ...
Aussie Trading Room and Cartoons Gallery
- billv commented Mar 14, 2013
statistical error? Bullsh#t
No RBA clown reports errors in the middle of the nightRBA Official: Feb Employment Data Subject To Some Statistical Error
- billv commented Mar 4, 2013
Fortunerider, rate cuts are over and the Aussie $ is cheap at this level. Look at the massive rejection bar on the daily. Here is an appropriate song for you video
Australia Retail Trade
- billv commented Feb 26, 2013
feather Anything is possible but thinking longer term, the Australian economy is very resilient, China & Asia (our biggest business partners) are growing and a change of the Aust. gov is going to be good for business confidence and will be AUD +ve. ...
RBA could cut cash rate to offset high AUD
- billv commented Feb 25, 2013
Funny thing is, at the bottom of the page, the article has maps showing the barrel capacity per country and Australia is 2nd to Saudi Arabia and has more oil than Canada and more than IRAN+IRAQ combined
RBA could cut cash rate to offset high AUD
- billv commented Feb 25, 2013
Fact is that the RBA are running out of ammo and AUD +ve news keep coming. url
RBA could cut cash rate to offset high AUD
- billv commented Feb 19, 2013
you'd think so but this is inflationary and although countries like Japan need inflation NZ doesnt
Wheeler says RBNZ prepared to intervene, warns on 'one-way' bets
- billv commented Feb 19, 2013
He does not have enough reserves for significant currency intervention
Wheeler says RBNZ prepared to intervene, warns on 'one-way' bets