Comments on: The Dollar Trade…Too Easy and Too Crowded? http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/ TRENDS - Find them, ride them and get off! Stocks, venture and civilization. Fri, 19 Mar 2010 10:45:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: howard lindzon http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149823 howard lindzon Mon, 12 Nov 2007 00:17:29 +0000 http://howardlindzon.com/?p=2886#comment-149823 good stuff everybody. nice to see my dentist from toronto in the comments :) cheese - it is good to see the great jimmy k at least in my comments good stuff everybody. nice to see my dentist from toronto in the comments :)

cheese – it is good to see the great jimmy k at least in my comments

]]> By: cheesefries http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149820 cheesefries Sun, 11 Nov 2007 22:43:02 +0000 http://howardlindzon.com/?p=2886#comment-149820 JimK, So your saying the Fed is cutting rates not to offset slowing growth, but to provide liquidity to the money centers with the only curb being inflation? Miss your blog! caught this from Reuters: Federal Reserve Chairman Ben Bernanke will discuss the central bank's communications policies in a speech next week, the Fed said on Friday, in all likelihood bringing to conclusion a long-running review. Fed sources said last month the bank was close to agreeing to changes in its communications strategy that would include extending the horizon of published forecasts to three years from two. JimK,
So your saying the Fed is cutting rates not to offset slowing growth, but to provide liquidity to the money centers with the only curb being inflation?

Miss your blog!

caught this from Reuters:

Federal Reserve Chairman Ben Bernanke will discuss the central bank’s communications policies in a speech next week, the Fed said on Friday, in all likelihood bringing to conclusion a long-running review.

Fed sources said last month the bank was close to agreeing to changes in its communications strategy that would include extending the horizon of published forecasts to three years from two.

]]> By: cheesefries http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149819 cheesefries Sun, 11 Nov 2007 22:42:45 +0000 http://howardlindzon.com/?p=2886#comment-149819 JimK, So your saying the Fed is cutting rates not to offset slowing growth, but to provide liquidity to the money centers with the only curb being inflation? Miss your blog! Just caught this from Reuters: Federal Reserve Chairman Ben Bernanke will discuss the central bank's communications policies in a speech next week, the Fed said on Friday, in all likelihood bringing to conclusion a long-running review. Fed sources said last month the bank was close to agreeing to changes in its communications strategy that would include extending the horizon of published forecasts to three years from two. JimK,
So your saying the Fed is cutting rates not to offset slowing growth, but to provide liquidity to the money centers with the only curb being inflation?

Miss your blog!

Just caught this from Reuters:

Federal Reserve Chairman Ben Bernanke will discuss the central bank’s communications policies in a speech next week, the Fed said on Friday, in all likelihood bringing to conclusion a long-running review.

Fed sources said last month the bank was close to agreeing to changes in its communications strategy that would include extending the horizon of published forecasts to three years from two.

]]> By: BARRY http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149818 BARRY Sun, 11 Nov 2007 16:23:59 +0000 http://howardlindzon.com/?p=2886#comment-149818 I agree with the counter trade on the $. problem is mr. goldilocks (kudlow) thinks so too. I agree with the counter trade on the $. problem is mr. goldilocks (kudlow) thinks so too.

]]> By: jack maltz http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149816 jack maltz Sun, 11 Nov 2007 14:22:25 +0000 http://howardlindzon.com/?p=2886#comment-149816 Love you baby, A good contarian article, but I wouldn't put any money on it. The Dollar may boucce to 80 in coming weeks, but follow the trend,plus stong resistance qt 80. A good way to play thiss may be to chance to get into gold on a dip, which is now overdue.Moere important how is golfing in ARZ this week JM Love you baby, A good contarian article, but I wouldn’t put any money on it. The Dollar may boucce to 80 in coming weeks, but follow the trend,plus stong resistance qt 80. A good way to play thiss may be to chance to get into gold on a dip, which is now overdue.Moere important how is golfing in ARZ this week

JM

]]> By: JimK http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149815 JimK Sun, 11 Nov 2007 14:20:06 +0000 http://howardlindzon.com/?p=2886#comment-149815 Dollar trade is always crowded and still dominated by longs: Uncle Sam, the good ole Peoples Republic - just for starters. To cheese's first point, with last week's trade data and coming inventoriesd, Q3 GDP will likely be revised to 5%. Yet in q3 the Fed started lowering interest rates. Non farm payrolls (+166k) and accopanying household survey went in totally opposite directions. There's a 100% chance according to Fed Fund futures we get another quarter point cut in December. The Fed is not paying attention to the headline numbers. No 500 point up days coming. Dollar trade is always crowded and still dominated by longs: Uncle Sam, the good ole Peoples Republic – just for starters.

To cheese’s first point, with last week’s trade data and coming inventoriesd, Q3 GDP will likely be revised to 5%. Yet in q3 the Fed started lowering interest rates. Non farm payrolls (+166k) and accopanying household survey went in totally opposite directions. There’s a 100% chance according to Fed Fund futures we get another quarter point cut in December. The Fed is not paying attention to the headline numbers.

No 500 point up days coming.

]]> By: Mark http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149814 Mark Sun, 11 Nov 2007 07:38:09 +0000 http://howardlindzon.com/?p=2886#comment-149814 What do you mean "building a list"? What do you mean “building a list”?

]]> By: howard lindzon http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149811 howard lindzon Sun, 11 Nov 2007 04:10:38 +0000 http://howardlindzon.com/?p=2886#comment-149811 go cheesefries go cheesefries

]]> By: Soren http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149810 Soren Sun, 11 Nov 2007 02:37:38 +0000 http://howardlindzon.com/?p=2886#comment-149810 I don't buy the too crowded/too oversold argument for the USD. For starters take a look here: http://bespokeinvest.typepad.com/bespoke/2007/11/dollar-oversold.html On top of the technical picture you've got ben "spineless" bernanke running the fed who is more than happy to cave into debasing the currency because wall street throws a hissy fit. You've got silence on the part of european policymakers (save sarkozy) expressing concern about a strong euro. I could go on but the bottom line is that the dollar is weak both fundamentally and technically. I don't see any kind of abrupt turn save from a black swan type of event... I don’t buy the too crowded/too oversold argument for the USD. For starters take a look here: http://bespokeinvest.typepad.com/bespoke/2007/11/dollar-oversold.html

On top of the technical picture you’ve got ben “spineless” bernanke running the fed who is more than happy to cave into debasing the currency because wall street throws a hissy fit. You’ve got silence on the part of european policymakers (save sarkozy) expressing concern about a strong euro. I could go on but the bottom line is that the dollar is weak both fundamentally and technically. I don’t see any kind of abrupt turn save from a black swan type of event…

]]> By: cheesefries http://howardlindzon.com/the-dollar-tradetoo-easy-and-too-crowded/comment-page-1/#comment-149809 cheesefries Sun, 11 Nov 2007 02:18:38 +0000 http://howardlindzon.com/?p=2886#comment-149809 Howard, Take 2 Valium and drink a 1/5 of Scotch. Q3 GDP 3.9% 166,000 jobs added last month. The only market event coming up will be the +500 point day next week when all the puts /shorts get covered in a mad frenzy. Ask yourself this with a 10yr time frame: Would I rather be sitting in a 3 bedroom house in Miami, Florida or running a 300 P/E Chinese IPO. I will take the thongs down in South Beach. Rubber dog shit is always rubber dog shit. Howard, Take 2 Valium and drink a 1/5 of Scotch. Q3 GDP 3.9% 166,000 jobs added last month. The only market event coming up will be the +500 point day next week when all the puts /shorts get covered in a mad frenzy. Ask yourself this with a 10yr time frame: Would I rather be sitting in a 3 bedroom house in Miami, Florida or running a 300 P/E Chinese IPO. I will take the thongs down in South Beach.
Rubber dog shit is always rubber dog shit.

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