when Dow rallies, DJ Stoxx, CAC, DAX will usually rally as well

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Added on February 9, 2009, 11:00 pm

wei...not just some nonsense arguement...i did point out on Treasuries and etc..

Well you have not stated why YOU believe in the so called Dow indicator .

Cherroy has expanded on what I started so it is basically the same line of thought that i have
ie ) bottom line : Supply of USD increasing , so price go down vs. other currency, basic economics. This directly related though [not soley] to US treasuries.

With 1 addition , to me the GBP is going to fair worse than the USD , per capita wise the debt / money overhang is worse than USA and it does have the status as a reserve currency .

Dow moves on their own have no real bearing on the $ , Dow can go up $ can stay the same or go down or up . D moves down , if in panic times , $ may even go up as people go to treasuries. In normal times , no effect.
Slow down speed up, Soros is Soros and he is not you or us but a million miles apart.

Anyway to answer my Q which you chose not to.

The reason why small time traders like cannot follow guys like Sor is cause the effect of size in execution . Do you understand this ?

Even if Soros trades in 100's of millions which is not big in today's market , he can afford 100's of pips of slippage and still stay in . his levels and stop loss levels will much larger than small timers.

A small time trader not be able to take 100's of pips as a SL . Soros can and has to due to the moves that his sheer size generates.

Why do you think I am trying to change your mind ? what you think has little bearing on my trades and vice versa - surely you agree ?

1 thing is for sure GBP/$ is down again @ 1.4803 and it was around 1.4900 when I said it would go down again.

have a nice day .

Strategy really need to develop yourself, coz different ppl different emotion.