Posts Tagged: ‘pound’

Black Candlesticks in the Euro and Pound say the Dollar is Alive and Well

November 11, 2011 Posted by admin

 

Don’t believe the predictions about the “Death of the Dollar.”  It is doing just fine against the Canadian Dollar and the Yen, thank you; and tall black Candlestick patterns in the Euro and in the Pound are the first evidence of long declines which, in turn, will elevate the Dollar Index to levels which we have not seen in more than a year.

It has been fashionable to decry the decline in the value of the Dollar over the past several months; and the lower it has traded, the louder has become the negativism as the opinion of naysayers has recirculated and reinforced itself while the size of the Dollar-bear baying herd has grown.  It is axiomatic, of course, that when “expert” opinion accelerates in one direction to the point at which nearly all participants are of a single mind, their opinion is probably wrong.

That is precisely what has occurred in the case of the US Dollar.  In Elliott Wave terminology, the Dollar Index had declined ever closer to completion of a major fifth (and last) Wave Down, so in our view it was just a question of time before the bottom was marked and the Index turned about and began to rise.

The Dollar was already low as against the Canadian Dollar and the Yen, so we kept an eye on those two as probably the first to “break.”  The Pound was due for a rebound before it were to fall in a substantial manner, so we determined simply to wait it out until the Pound were to find its own top, and then reverse.  The Euro was high, but our Indicators told us that a turn was coming soon.

Here is what has happened:  The US Dollar has, in fact, advanced very nicely as against the Canadian and as against the Yen, and those advances continue apace.  The Pound did make its top, as forecast, showing a bearish tall black Candlestick, and has turned strongly down; and the Euro has now topped and reversed to the downside, also as forecast, also in a strong bearish black Candlestick.

The upshot, of course, is that the Dollar Index is making a strong recovery, while displaying bullish tall white Candlesticks.  We expect to see the Dollar Index at 85 or better.

We knew it was coming.  We knew it all the time.

William Kurtz

October 26, 2009

http://www.candlewave.com

 

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Article Source:http://www.articlesbase.com/investing-articles/black-candlesticks-in-the-euro-and-pound-say-the-dollar-is-alive-and-well-1383187.html

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Categories: Uncategorized

Tobacco, Cigarettes, Cigars, Smokeless Tobacco, Chewing Tobacco, Pipe Tobacco And Anything Else I Left Out.?

May 28, 2010 Posted by admin

I buy tobacco by the pound and roll my own cigarettes. I paid $14.49 for it. Sense the Tax rape it is now $60.00 per pound. The cheapest I can get it is $45.00 Per Pound, but there is no way to get it because of the run on it and the discount stores will not carry it anymore due to a deposit that has to be retained for it. The cheapest generic Pack Cigarette is now $5.00. The premium Cigarettes Went off the chart. I know not Everyone is stopping smoking. I know there is a solution for us financially challenged people to continue smoking. What is it? Spill your guts, tell your secrets, tell you resources and give me and or the rest of us a reliable connection.
Oh! And FYI to those non-smokers out there. I appreciate your concern for mine and everyone elses health that uses tobacco, but this is not the question being addressed here. I am addressing those hard core, dyed in the wool tobacco users. If you are so concerned about our healths, why don’t you tell and or get everyone concerned ( medical field, government, ect.ect) to quit making it so difficult to stop useing tobacco products ie. fleecing us with the high prices of those products that enable us to stop.
You that don’t have an idea about tobacco addiction, please refrain from making any comments or remarks.
This is serious as you have no idea the affects of withdraw from tobacco use.
There is going to be a bunch of ANGRY! Grouchy! PISSED OFF! people ready to kick butt on or about the 12th hour of withdraw. It don’t make you sick or weak or any of those other things that junkies go through, You just get angry very fast and your adridline kicks in high speed and become aggressive.
Unfortunealty ladies and gentlemen, the problem with getting tobacco from sources ie. indian reservations or on-line, by the time you pay the shipping and taxes to get it into texas it come out to the same price as if I bought it here.

As far as smoking a pipe, well lets think about that, I buy bag tobacco, which is also used as pipe tobacco but much cheaper than pipe tobacco. Please read the question thouroughly and understand what your reading before you answer. Thank you.

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Categories: cigars