Comments on: Trading Whipsaw http://www.chartsandcoffee.com/2009/11/trading-whipsaw/ Coffee, Charts and Technical Analysis Sat, 13 Mar 2010 17:23:06 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: chartsandcoffee http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-1460 chartsandcoffee Thu, 12 Nov 2009 04:42:37 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-1460 What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term. What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term.

]]> By: Guest http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-1459 Guest Wed, 11 Nov 2009 23:23:11 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-1459 I think about it this way. If oil is at 80 dollars a barrel without hurricanes, demand and Iran problems, then what will it be like when something actually goes wrong? The dollar may be supporting oil, but what happens when there are actually some issues?<br><br>People are still getting killed in Iraq. Iran is still developing nukes. Who knows when the next problem will strike? You know it will strike. What happens when demand picks up? I think about it this way. If oil is at 80 dollars a barrel without hurricanes, demand and Iran problems, then what will it be like when something actually goes wrong? The dollar may be supporting oil, but what happens when there are actually some issues?

People are still getting killed in Iraq. Iran is still developing nukes. Who knows when the next problem will strike? You know it will strike. What happens when demand picks up?

]]> By: chartsandcoffee http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-323 chartsandcoffee Wed, 11 Nov 2009 22:42:37 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-323 What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term. What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term.

]]> By: chartsandcoffee http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-303 chartsandcoffee Wed, 11 Nov 2009 21:42:37 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-303 What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term. What happens if demand goes down? But I understand your point of view and long term the dollar has been in decline for a long time and it is likely this trend continues and that oil continues to go higher. But oil is consolidating right here and I don't like owning it with the dollar so close to support in the short term.

]]> By: mikevadon http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-301 mikevadon Wed, 11 Nov 2009 16:23:11 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-301 I think about it this way. If oil is at 80 dollars a barrel without hurricanes, demand and Iran problems, then what will it be like when something actually goes wrong? The dollar may be supporting oil, but what happens when there are actually some issues?<br><br>People are still getting killed in Iraq. Iran is still developing nukes. Who knows when the next problem will strike? You know it will strike. What happens when demand picks up? I think about it this way. If oil is at 80 dollars a barrel without hurricanes, demand and Iran problems, then what will it be like when something actually goes wrong? The dollar may be supporting oil, but what happens when there are actually some issues?

People are still getting killed in Iraq. Iran is still developing nukes. Who knows when the next problem will strike? You know it will strike. What happens when demand picks up?

]]> By: chartsandcoffee http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-300 chartsandcoffee Wed, 11 Nov 2009 15:09:39 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-300 Support on the Dollar is approaching and will halt things at least for a consolidation. I'm more into trying to figure out whether the Dollar's 2008 will be taken out and whether there is another leg to this government bubble/quantitative easing bubble. <br><br>People are calling this a tough market and irrational and blame GS this and that. The truth is, this market was a gift. If you could identify the government bubble trend and jump on the train, what is easier than just letting it ride?<br><br>I mentioned this morning there were two big trends in 2009 (in my opinion). 2009 is pretty much done. I'm now trying to figure out 2010. Support on the Dollar is approaching and will halt things at least for a consolidation. I'm more into trying to figure out whether the Dollar's 2008 will be taken out and whether there is another leg to this government bubble/quantitative easing bubble.

People are calling this a tough market and irrational and blame GS this and that. The truth is, this market was a gift. If you could identify the government bubble trend and jump on the train, what is easier than just letting it ride?

I mentioned this morning there were two big trends in 2009 (in my opinion). 2009 is pretty much done. I'm now trying to figure out 2010.

]]> By: mikevadon http://www.chartsandcoffee.com/2009/11/trading-whipsaw/comment-page-1/#comment-299 mikevadon Wed, 11 Nov 2009 14:34:57 +0000 http://www.chartsandcoffee.com/2009/11/trading-whipsaw/#comment-299 I think we hit the pivot on the $INDU. I think we hit the pivot on the $INDU.

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