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Holy Cow

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    Holy Cow

    Who says technicals dont pay.

    http://charts.insidestocks.com/chart.asp?
    vol=Y&jav=adv&grid=Y&divd=Y&org=stk&sym=GFF1
    &data=H&code=BSTK&evnt=adv

    Been watching this for a while waiting for the
    breakout,is it here?I dont know but very interesting.

    #2
    It looks like the cattle markets could be the place to be for a while. The gap higher on the weekly plus the high close on the daily look promising. Divergence on the monthly, though.

    Comment


      #3
      If we hit 124 for 3 days in a row im in,funny enough
      the etf symbol is COW,lol

      Comment


        #4
        It happened.

        This is what you call "realtime trouble":

        http://www.chinadaily.com.cn/china/2010-11/24/content_11599087.htm Pars

        Comment


          #5
          The US dollar is "risky" and has "exposed faults", but they are not challenging it.
          Interesting development. Who is next?

          Comment


            #6
            Russia made an oil deal with China last year.

            The price of a barrel of oil is presently set in dollars

            Once the price of a barrel of oil is set in another currrency, (renminbi? yuan?) the world is going to puke economics.

            How will it effect the price of canola?

            What happens to the price of oil?

            Of gas?

            ..If the dollar becomes worth .50cents?

            ...If the yuan doubles in value?

            China has purposely kept the yuan low, so what happens to our cost of imports from China?


            China needs to become Saudi Arabia's next best boyfriend....... go courting and throw away the $ ring and buy her a new expensive ring. Pars

            Comment


              #7
              Pars,im starting to rub off on you,lol.

              There will come a point in time when the chinks
              wont mind having a strong currency,domestic
              demand will fill the void of vanishing broke western
              economies.

              Also the rest of the developing world's currency and
              import demands will be rising.

              These two factors will dwarf any losses.

              Comment


                #8
                Forgot to say there will be a vacuum period of time
                between the upcoming currency wars when great
                fortunes will be made.

                Comment


                  #9
                  Not too often when we've been on a different page EXCEPT when you developed a Lambda persona while reading and gazing at Gore, and this believed everything he told you.... A half a decade doe-eyed! It happens to even the wary. lol You slapped yourself over that one I'm sure. LOL

                  I presume you assume all Swedes are dumb and docile? Yup, I am.
                  Pars

                  Comment


                    #10
                    Ag setting up facilities in Russia means that when the Russian dollar gains in value, their facilities will also capital gain in value.ie Cargill. They've anticipated.

                    Even AV'ers were predicting that the US would inflate money and pay China back with worthless money. As if China is dumb.

                    In the future, when Canada sells $CAN priced canola to China, who then processes it and ships it back to us based upon higher valued Chinese riminbi, the canola oil on the shelves will be expensive to buy.

                    If Canada is going to do well, there are things you can do and demand from your farm, with your vote and your recommendation, and your voice:

                    1. We must develop a manufacturing base.

                    2. We must allow only immigrants who are skilled to work in skilled jobs, in manufacturing and in a cold clime.

                    3. We must quit the stupid borroewing, pay down deficit and debt.

                    4. We must demand mathematics and science based school cirriculums and slap the teachers and fire them, who do not support benchmarked examinations.

                    5. We must cut government by half.

                    Parsley

                    Comment


                      #11
                      1-the climate debate is not over and i have not
                      slapped myself

                      2-manufacturing in canada is dead,throwing money
                      at it is stupid

                      3-immigrants are good

                      4-we should borrow more,for stuff that
                      performs,mines,farms,equipment,logging,oil,

                      5-government should be cut by at least half

                      6-massive education reforms

                      7-Aver's were antticipating the debt to be inflated
                      away phphphphphphp....

                      Comment


                        #12
                        CP do you mean immigrants or invaders? Or maybe there is no difference any more. Used to be that invaders had to overpower the natives. Now we give them welfare and call them immigrants. Guess that is good for some businesses but not for most of us people me thinks. HT

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