New Posts For Thread: Should we short the pound against the dollar?https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollarWith the printing that is forecast next month. ???mr ben - menelaus did kind of give you a clue on 18th Janmenelaus, 18th Jan - A "buy apple" call is impotent at this point. The hedge funds know that, those fanboys blinded by the brand will realize it too late.Stock up 18% since that pronouncement.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=516308261#516308261mr ben - menelaus did kind of give you a clue on 18th Janmenelaus, 18th Jan - A "buy apple" call is impotent at this point. The hedge funds know that, those fanboys blinded by the brand will realize it too late.Stock up 18% since that pronouncement.Mon, 13 Feb 2012 14:33:09 -0600united- melly will not make a call- as we all know.I was hoping he would so I could take the opposite side of the trade. Doing the opposite of melly is a sure fire winner.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515211259#515211259united- melly will not make a call- as we all know.I was hoping he would so I could take the opposite side of the trade. Doing the opposite of melly is a sure fire winner.Wed, 18 Jan 2012 19:36:50 -0600The missing thing out of all this is the size of your investment. I remember some mug not long ago on the footie forum boasting about having backed Man U at 1.40 for 100 quid and won. That's 40pc return on his investment, by the way, which is betterhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515208047#515208047The missing thing out of all this is the size of your investment. I remember some mug not long ago on the footie forum boasting about having backed Man U at 1.40 for 100 quid and won. That's 40pc return on his investment, by the way, which is betterWed, 18 Jan 2012 18:09:03 -0600And you can expect a heallthy bonus if you calculate 30% appreciation your way.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515199131#515199131And you can expect a heallthy bonus if you calculate 30% appreciation your way.Wed, 18 Jan 2012 14:59:50 -0600That's great I love posts that are humorous, especially the "you can come work for me part". Priceless.If you only knew.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515197999#515197999That's great I love posts that are humorous, especially the "you can come work for me part". Priceless.If you only knew.Wed, 18 Jan 2012 14:39:19 -0600Menelaus - if you can beat a 30% p a return on capital, you can come and work for me. Trouble is, I haven't read any evidence of your performance. Make a call. Will the £ be above or below its $ at any fixed point that you care to name?https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515195503#515195503Menelaus - if you can beat a 30% p a return on capital, you can come and work for me. Trouble is, I haven't read any evidence of your performance. Make a call. Will the £ be above or below its $ at any fixed point that you care to name?Wed, 18 Jan 2012 13:40:23 -0600One more thought, as I want to address the first part of the sentence "The pound/dollar rate is the same as it was twelve months ago "Trading F/X is not a "buy and hold" game. No one trading F/X takes a position that they hold for a very long time. Ihttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515178443#515178443One more thought, as I want to address the first part of the sentence "The pound/dollar rate is the same as it was twelve months ago "Trading F/X is not a "buy and hold" game. No one trading F/X takes a position that they hold for a very long time. IWed, 18 Jan 2012 05:23:14 -0600Hmmm, the chap has enough money to buy a $400+ stock but not enough sense to put things in perspective. They have a name for people like that, they call them...... fanboys.The pound/dollar rate is the same as it was twelve months ago but in the samehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515176349#515176349Hmmm, the chap has enough money to buy a $400+ stock but not enough sense to put things in perspective. They have a name for people like that, they call them...... fanboys.The pound/dollar rate is the same as it was twelve months ago but in the sameWed, 18 Jan 2012 03:39:22 -0600We can't get it right all the time. He would appear to understand things much better than most of us on here.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515158197#515158197We can't get it right all the time. He would appear to understand things much better than most of us on here.Tue, 17 Jan 2012 17:13:26 -0600The pound/dollar rate is the same as it was twelve months ago but in the same period Apple has gone up 30% (reference Menelaus's massive Apple short thread to put his contribuition in perspective). I would lean towards the pound weakening. But that'shttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28850015/should-we-short-the-pound-against-the-dollar?post_id=515153511#515153511The pound/dollar rate is the same as it was twelve months ago but in the same period Apple has gone up 30% (reference Menelaus's massive Apple short thread to put his contribuition in perspective). I would lean towards the pound weakening. But that'sTue, 17 Jan 2012 15:30:57 -0600