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#14024 (permalink)

07-05-2009, 07:43 PM

apipintime apipintime is offline now

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Quote:

Originally Posted by brad_1199

Cmellon... I was just sitting here thinking of your delta projections for GBPUSD above 1.8000 and I think it's very unlikely... Also that projection is in great contrast to the bearish projection you currently hold for GBPJPY....

This dam market is a mess....

Hey Brad,

I think that projection was for sometime around November of this year, and it is quite possible that we have just completed wave A of a bigger A-B-C on cable. Meaning that we correct for the next couple of months in a B wave and then rally into the end of the year in a wave C. Given that you are projecting a massive surge in oil, that is not going to happen without equal weakness in the dollar.

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