Thread: My Turn With My Source. {Friend}

One thing is for sure. We will know tomorrow if this Guy knows what he talking about or is like all the rest of us. Just guessing

Originally Posted by Caddieman

OK I got some bad news for ya if this is what he is talking about.

Oanda had the bid price at 1318.10 on Saturday. They have already posted the rate for Sunday the 24th at 1326.40

According to your (Friend) the dinar rate should back track tomorrow. It should be on the plus side of 1360! According to him!

When was this said by Neno's friend; the back track.


Thanks

Originally Posted by Caddieman

OK I got some bad news for ya if this is what he is talking about.

Oanda had the bid price at 1318.10 on Saturday. They have already posted the rate for Sunday the 24th at 1326.40

According to your (Friend) the dinar rate should back track tomorrow. It should be on the plus side of 1360! According to him!

"If" is a Big Word in the World I live in. "If" Oanda is what you are using to messure the Trend of the Market, if will have to prove to hold for a few days before you can compare to the CBI for a Trend.

I agree it should be on the Plus side. But not be what "YOU" say. "YOU are just going be the market of the day to determine the rate change for tomorrow. That is not what my freind Said.

Anyway I am not here to Quarrel with "YOU" are "ANYBODY" else for that matter. "IF" you work a Chart & Compare then come back and state what you must. Until then dont "PUT" words in my thread of what you haven't read. Thank You.

Originally Posted by cigarman

What was Oanda's price Friday? Besides, that's still almost 34 points less than the CBI has posted.

Theres that BIG WORD again. "IF" it doesn't prove to Hold then that should show you that the Trend from Oanda is pushing to hard. Maybe should figure its difference each day to see what really prove to hold. I will get some numbers tomorrow. Then we can see what happens with his Prediction, Speculation, Guess what ever you want to call it. OK?

Originally Posted by Inscrutable

Someone I do business with also told me that tomorrows auction will be 1380 I hope the trend doesn't start to reverse.

That would make some alittle Crazy. Right?

Originally Posted by cigarman

Maybe that's a good thing!! We all know it's a defacto rate anyway and as long as it continues to drop the CBI might be contempt on letting it rise slow. Now if the dinar starts climbing I would think the CBI could justify a reval to curb inflation since nothing else has. I think they just have to get rid of all other possibilities before they flip the switch.

No this has got everyone watching the Markets. Cool. Good Suggestion Cig. Remember Time Tells all of these Predictions, Speculations, Guess's, Resouces. Sources, IMHO's, or what ever. Once it is in Print and Proven to be implemented, then and "ONLY" then is it a "FACT". Dang, isn't this FUN? Merry Christmas.

Originally Posted by Caddieman

One thing is for sure. We will know tomorrow if this Guy knows what he talking about or is like all the rest of us. Just guessing

By your IMHO's. But, I believe you are not comparing the proven hold to the Rate Adjustment. You must do this for a few days to create a comparison. Just because Oanda exchange for the day at 1318, doesn't mean CBI will Adjust to that rate. But as cigarman has explained, it is all good cause it is a Higher Value. We will see and should see a higher value as the markets are testing the value od the dinar.

Originally Posted by adm

When was this said by Neno's friend; the back track.


Thanks

He is right but, in a diferent way. If you have read everything I posted from my "Freind" then you will see what needs to be done to use the markets to find a trend to determine which Direction the CBI should Go.

Originally Posted by neno

He is right but, in a diferent way. If you have read everything I posted from my "Freind" then you will see what needs to be done to use the markets to find a trend to determine which Direction the CBI should Go.

I have read all the thread I guess I just don't get it. I was not trying to be confrontational. Just trying to understand thats all.

Originally Posted by Caddieman

I have read all the thread I guess I just don't get it. I was not trying to be confrontational. Just trying to understand thats all.

No Problem. As I have said many Times. I am not a expert in this Investment. But I will not Post BS, for any of you guys that I dont believe in it as well. Caddieman, I am learning this too. Just didn't want the quotes to get out of hand. Some dont read back far enough in a Thread to get all the info that is needed to see the true reallity of the meaning of the Thread. This is why I try to come in here until I hear more, to quote back. Merry Christmas to all.