wednesdays warblers, page-6

Oh dear, ehsaale. It might be a good idea if we can encourage other posters here, whether still around or in absence. Seems to be doing more good than being negative.
So, thanks Mongolombo, Wink, AFP, Lighthouse and others for filling in the huge void left by Robbbbbbb and Volt.
I couldn't get on HC yesterday arvo, I think its a case of the Voltaire Karma, first ASX then HC, now what today? Miss yer posts Volt, and hope we see u back soon. Miss ya too Ro(b)^7.
Perhaps others who feel reluctant to post can put up comments or obsevations, questions etc.

Well, Lighthouse yes a lot of assets seem bubbly at the moment, but it would seem wise to stay on the side of anti-US dollar assets, with FED money pumping to go on for several more months. Oil has been rampant, and the WTI-Brent Crude spread is still widening was over $16 difference when I last looked. Bet the US are just itching to get their hands on Gaddafi's oil.
Good call on that AUD short yesterday. Would seem a good trade every RBA meeting, as long as ya wait for the decision otherwise they can pull a swifty on ya. For the AUD, I'm looking at the bottom of that triangle to go long here (down with the US peso). The triangle I mention has been forming across 3 months, and I don't mind a wave 5 up from a wave 4 out of that big triangle (like Mr Wink's wave 4 on XJO weekend thread, but looks better EW wave 3/4 on SPX and copper), maybe even just a leg back up to the top of the channel still could be good risk/reward if parity can hold. I have the bottom of the channel a bit under 1.002, and rising slowly as shown on the 30 min chart. I'm more inclined to go long the AUD than XJO, as I cant see a change to the pattern of muted XJO rises vs other markets.

Maybe good buying on XJO in next few days, but I find myself asking; What would Volt do?

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