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grunden
Joined: 18 Apr 2009
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 Posted: Mon Jun 22, 2009 12:21 am Post subject: |
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| T-J wrote: |
Energy prices are starting to rise. As the benefit to exports is outstripped by the price oil, look for the won to slide back into the 1100 range.
Of course I don't know what the hell I'm talking about, so take it all with a grain of salt. |
When I first read your posts I trusted them, you SOUNDED like you had some kind of insight, now I know you are just full of &(*((, I wish guys like you would just keep your mouths shut, cost me a bunch of money I was going to send back |
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Tobias
Joined: 02 Jun 2008
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| Posted: Mon Jun 22, 2009 1:09 am Post subject: |
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Not that I would buy into anyone's economic wizardry here, but understand it may not be his fault. Even economists with PhDs can't predict what will happen in the short run.
Economics is great when it comes to theory but absolutely terrible when it comes to timing. Sometimes ya wins. Sometimes ya loses. |
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phoneboothface
Joined: 26 Apr 2009
Location: Korea
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| Posted: Mon Jun 22, 2009 1:13 am Post subject: |
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| grunden wrote: |
| T-J wrote: |
Energy prices are starting to rise. As the benefit to exports is outstripped by the price oil, look for the won to slide back into the 1100 range.
Of course I don't know what the hell I'm talking about, so take it all with a grain of salt. |
When I first read your posts I trusted them, you SOUNDED like you had some kind of insight, now I know you are just full of &(*((, I wish guys like you would just keep your mouths shut, cost me a bunch of money I was going to send back |
For the sake of humanity I hope you're joking around.
Anyways I see it around 1300 for a while and have been passing money back and forth between here and home for a while at about this rate... |
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cedarseoul
Joined: 16 Feb 2008
Location: nowon-gu
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| Posted: Mon Jun 22, 2009 5:25 pm Post subject: |
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| grunden wrote: |
| T-J wrote: |
Energy prices are starting to rise. As the benefit to exports is outstripped by the price oil, look for the won to slide back into the 1100 range.
Of course I don't know what the hell I'm talking about, so take it all with a grain of salt. |
When I first read your posts I trusted them, you SOUNDED like you had some kind of insight, now I know you are just full of &(*((, I wish guys like you would just keep your mouths shut, cost me a bunch of money I was going to send back |
Surely you don't...make your financial decisions based on the comments on this board?! This isn't, uh, a source for sound financial advice...?!
Oh dear. Dear, dear, dear. |
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T-J
Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae
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| Posted: Mon Jun 22, 2009 5:40 pm Post subject: |
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| cedarseoul wrote: |
| grunden wrote: |
| T-J wrote: |
Energy prices are starting to rise. As the benefit to exports is outstripped by the price oil, look for the won to slide back into the 1100 range.
Of course I don't know what the hell I'm talking about, so take it all with a grain of salt. |
When I first read your posts I trusted them, you SOUNDED like you had some kind of insight, now I know you are just full of &(*((, I wish guys like you would just keep your mouths shut, cost me a bunch of money I was going to send back |
Surely you don't...make your financial decisions based on the comments on this board?! This isn't, uh, a source for sound financial advice...?!
Oh dear. Dear, dear, dear. |
On a related note, I'm considering major surgery tomorrow, which thread should I check out? |
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njp6
Joined: 01 Sep 2005
Location: Gangnam, South Korea
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| Posted: Mon Jun 22, 2009 8:44 pm Post subject: |
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| Damn it, now KEB is selling won for 1313. Is this increase related to NKs saber rattling and brat-like behavior? Did we miss the window to sell a few ago? |
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dimnd
Joined: 19 May 2005
Location: Western USA
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mack the knife
Joined: 16 Jan 2003
Location: standing right behind you...
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| Posted: Mon Jun 22, 2009 10:54 pm Post subject: |
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Yes! Yes! Drop you muthahuh-huh, droooooooooooooooooopppppppp!
Happened a little later than my banker predicted, but it happened nonetheless. |
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PatrickM
Joined: 15 Mar 2009
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| Posted: Thu Jun 25, 2009 1:45 am Post subject: |
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| mack the knife wrote: |
Yes! Yes! Drop you muthahuh-huh, droooooooooooooooooopppppppp!
Happened a little later than my banker predicted, but it happened nonetheless. |
Okay so this guy at my work says to me, "The US Dollar is gaining strength vs. the Won and will continue to do so over the course of the next few years." Well, he didn't EGG ZACHARY say that, because he can't speak English that well!
BTW - this is the same guy who lost ALL of his money and went COMPLETELY bankrupt a few years ago and lost everything his wife & kids had. Now he's trying to give financial advice to everyone. Typical Korean "let's try to teach everyone something when it's obvious that I'm a moron" attitude.
Anyway... has anyone heard this? Is it true? Are we going to lose more money? It's currently at 1,279 won or something per USD. I want it to get better for ME. Sorry to say that (folks back home) but I've got to keep it real. |
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poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
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| Posted: Thu Jun 25, 2009 2:21 am Post subject: |
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"When I first read your posts I trusted them, you SOUNDED like you had some kind of insight, now I know you are just full of &(*((, I wish guys like you would just keep your mouths shut, cost me a bunch of money I was going to send back"
You listened to the wrong genius. I'm up a 30 acre farm and all the infrastructure (since last september?) and getting out.
Ok, ok, I did miss a couple of peaks, but for the most part, I met buy and sell targets.
"On a related note, I'm considering major surgery tomorrow, which thread should I check out?"
It's TOMORROW, so current events of course. |
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minnesota
Joined: 21 Dec 2008
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| Posted: Thu Jun 25, 2009 9:32 am Post subject: |
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Hey everyone. I have a question here that maybe you could help me out with. I'll be starting a job in Ilsan for 2.7M. I'm pretty happy with that, BUT with the way things are looking its only worth about $2100 US. I do have the options to be paid in US dollars....though the offer is $2000/month. If the dollar/won continues this downward spiral, I would want to take payment in USD. BUT if it gets better, I could be making a decent amount. What would you do?
As a side note, I have a hefty loan payment I'll have to be making in USD.
Thanks! |
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poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
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| Posted: Thu Jun 25, 2009 1:28 pm Post subject: |
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| Perosnally, and what I wrote above about being a genius was a joke, I would go with Won. I think, with absolutely no foundation to think so, that we are at the upper end of the Won slide. It might go 1350, it might not. I am much more confident that it will get stronger in the long run than weaker. |
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cedarseoul
Joined: 16 Feb 2008
Location: nowon-gu
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| Posted: Thu Jun 25, 2009 5:04 pm Post subject: |
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| mack the knife wrote: |
Yes! Yes! Drop you muthahuh-huh, droooooooooooooooooopppppppp!
Happened a little later than my banker predicted, but it happened nonetheless. |
You seem really desperate to prove your point, and - uh, I don't think it's going to happen.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQ78n_z8X9Io |
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call_the_shots
Joined: 10 Oct 2008
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| Posted: Thu Jun 25, 2009 5:30 pm Post subject: |
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| cedarseoul wrote: |
| mack the knife wrote: |
Yes! Yes! Drop you muthahuh-huh, droooooooooooooooooopppppppp!
Happened a little later than my banker predicted, but it happened nonetheless. |
You seem really desperate to prove your point, and - uh, I don't think it's going to happen.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQ78n_z8X9Io |
I'm not all that knowledgeable about technical analysis, but what is this "Fibonacci retracement" that they talk about in the article? |
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D-Jay
Joined: 24 Jun 2009
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