Just look at what happened to everyone who called shorts in the last month.

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The Weekly Dollar Index — Look like its hitting long time support. image

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Our commodities will now cost too much. It will be cheaper to buy from mining companies based in Africa, South America, Europe ect... If our mining companies want to keep up sales/profits someone is going to have to take the shortfall, and that will ...

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Bye Bye mining boom. Thanks RBA and Gillard govt. I guess I won't be getting that big $$$ job back again.

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everyone will have to pay more for our goods. no brainer.

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Now that our commodities will be the most expensive in the world, how will this affect the mining industry. I don't think its good news.

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Wise words. A lesson to remember.

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Instead of posting such useless messages, why don't you contribute constructivley and show us a chart displaying your trade/proposed trades. That way we will know what you are talking about.

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As per my previous predicition (back a few days), I shorted 2 full at 1.00. Now I'm smoking cubans, drinking lagvulen and the wife is happy. I hope it continues. Good luck everyone. Pay respect to support and resistance!!

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I already stated why houses in regional areas will flourish. You didn't get it. And...you obviously don't live in WA. Our town/regional planning is very different from the East.

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I don't know if any of you guys have noticed, but volume (futures and tick) has been declining over the last few days. Not that this always matters, I've seen trends climb on low volume, however traditionally this is a sign of weakness. If someone ...

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If this happens, I can't see why the RBA will put up rates in the future. I wonder if they had got wind of this prior, influencing their decision to place rates on hold. url

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If I remember correclty, the prices retraced (nearly 50%), creating a buying opportunity and the price never looked back?

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No, not biased. My work causes me travel to most towns (and one city ) in W.A.. The story is all the same. Mining will take off again, but this time the scene has changed, as per my previous post. I have my doubts that it will boom like it ...

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I am amazed how many people who have been calling tops and shorts here (and the EUR & GBP forums) in the last two weeks. Posting charts, explaining fundamentals, always fighting the trend. I'm still laughing about how one senior member told me last ...

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I live in Australia, live in WA where all the money/mining is and I can tell you it is not golden. This is just typical Labour/Gillard propaganda that small minded chest beating Aussies want to brag over. The facts are: The mining companies are NOT ...

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This will be interesting. Wednesday is usually the day for big moves. I think this Wed, Thurs and Friday will be make or break.

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I like how everyone keeps on quoting fundamentals. Always an arguement why the price will correct or blow past parity. Fundamentals ultimately rule, but they are rarely in sink with price. Sometimes fundamentals can be months ahead of price. If you ...

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Hey pinoyboy, I thought I had seen them all, but what charting package are you using?

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Glad to help. A word of caution for the present. We may be at a turning point. At turning points there usually is a lot a volatility both ways, until one eventually breaks out and begins or continues the trend.

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