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US and Euro stocks mounting one more rally before crashing?

  • #581
  • Feb 14, 2019 8:37am Feb 14, 2019 8:37am
Quoting cat
{quote} Which Dax just hit. which is also the H4 200ema. Now what do they want to do with it?
Cat, here in the states we are getting news that Brexit might be off the table, as the entire UK will not cooperate. Is this true?
If you are good at something, never do it for free--Joker
  • #582
  • Feb 14, 2019 8:42am Feb 14, 2019 8:42am
Quoting jmn5611
{quote} Cat, here in the states we are getting news that Brexit might be off the table, as the entire UK will not cooperate. Is this true?
haha...what do you mean, ' off the table '??!! Cooperate with whom...the EU?
  • #583
  • Feb 14, 2019 8:57am Feb 14, 2019 8:57am
Quoting jmn5611
{quote} Cat, here in the states we are getting news that Brexit might be off the table, as the entire UK will not cooperate. Is this true?
Maybe Juncker wouldn't cooperate with May...don't blame him mind!
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  • #584
  • Feb 14, 2019 8:58am Feb 14, 2019 8:58am
Quoting cat
{quote} haha...what do you mean, ' off the table '??!! Cooperate with whom...the EU?
We are getting news that Brexit is an English thing. Scotland and Ireland want no part of it.
If you are good at something, never do it for free--Joker
  • #585
  • Feb 14, 2019 9:08am Feb 14, 2019 9:08am
Quoting jmn5611
{quote} We are getting news that Brexit is an English thing. Scotland and Ireland want no part of it.

One perspective on that:

https://www.theguardian.com/commenti...nd-nationalism
  • #586
  • Feb 14, 2019 9:10am Feb 14, 2019 9:10am
Quoting jmn5611
{quote} We are getting news that Brexit is an English thing. Scotland and Ireland want no part of it.
Attached Image


do you have a link to this Brexit is not happen nonsense
  • #587
  • Feb 14, 2019 9:18am Feb 14, 2019 9:18am
Quoting Ross88
{quote} {image} do you have a link to this Brexit is not happen nonsense
https://www.bloomberg.com/news/artic...l-crisis-looms

https://www.bloomberg.com/news/video...-no-deal-video

Quoting medici
{quote} One perspective on that: https://www.theguardian.com/commenti...nd-nationalism
A good read. Thank you.

We are hearing the PM is holding on to her coalition by her fingernails. Obviously, this will affect the Euro, the Dollar, and the Pound. It may affect the Aussi and the Kiwi by proxy. This is a big deal.
If you are good at something, never do it for free--Joker
  • #588
  • Feb 14, 2019 9:29am Feb 14, 2019 9:29am
Quoting jmn5611
{quote} We are getting news that Brexit is an English thing. Scotland and Ireland want no part of it.
No, it's a British thing. Scotland had their chance at independence, and they rejected it. If they want to stay tied to the dying monolith that is the EU, they have to separate first. Ireland isn't part of the UK, so it doesn't matter what they want. If you mean Northern Ireland, then it was 54% remain, 44% leave, but again like Scotland, it was the overall vote which mattered, and that, cumulatively between the four nations which comprise the UK, voted out.
  • #589
  • Feb 14, 2019 10:09am Feb 14, 2019 10:09am
Quoting cat
{quote} No, it's a British thing. Scotland had their chance at independence, and they rejected it. If they want to stay tied to the dying monolith that is the EU, they have to separate first. Ireland isn't part of the UK, so it doesn't matter what they want. If you mean Northern Ireland, then it was 54% remain, 44% leave, but again like Scotland, it was the overall vote which mattered, and that, cumulatively between the four nations which comprise the UK, voted out.
Agreed, but I think it's fair to say that on most Brexit related issues one will find a 40+% part of the population for and a 40+% part of the population against. In other words, the country is divided.

And whatever the outcome of the parliamentary Brexit process, it will not settle this division, but rather exacerbate it, as 40+% of the people will be mightily pissed off.

To heal the divide leadership would be needed, but the main political parties are equally divided within themselves, so where is leadership going to come from?
  • #590
  • Feb 14, 2019 10:40am Feb 14, 2019 10:40am
Quoting medici
{quote} Agreed, but I think it's fair to say that on most Brexit related issues one will find a 40+% part of the population for and a 40+% part of the population against. In other words, the country is divided. And whatever the outcome of the parliamentary Brexit process, it will not settle this division, but rather exacerbate it, as 40+% of the people will be mightily pissed off. To heal the divide leadership would be needed, but the main political parties are equally divided within themselves, so where is leadership going to come from?
I see it in a much more straight forward way. The country is always divided, politically and in many other ways. The referendum was a simple in/out choice, one side was going to win, and one side was going to lose. We got the result, and quite naturally, one side was happy with it, and the other wasn't, same as a general election. It should have been simple, and we have had more than two years to prepare to leave. Problem was that the referendum result went against the majority of the political Establishment. Cameron did a runner, and a remainer was put in charge, and since, has done everything possible to frustrate, delay, or overturn the wishes of the majority of the British public who voted leave. ' Brexit is a disaster ' we read each and every day, yet we haven't even left yet. It is the leadership which has been a disaster, on that I will agree with you, and this has given remain voters hope that the whole thing can simply be overturned. Yes the country is divided, we know that, but failure to deliver Brexit, a full Brexit, customs Union and all, will create a dangerous precedent that will poison politics in the UK for a generation or more, and probably lead to widespread civil unrest. It has to be upheld, there is no other way. First step should be to get rid of May, and put a Brexiteer in number 10. I'd vote for Mogg.
  • #591
  • Feb 14, 2019 11:01am Feb 14, 2019 11:01am
Quoting cat
{quote} I see it in a much more straight forward way. The country is always divided, politically and in many other ways. The referendum was a simple in/out choice, one side was going to win, and one side was going to lose. We got the result, and quite naturally, one side was happy with it, and the other wasn't, same as a general election. It should have been simple, and we have had more than two years to prepare to leave. Problem was that the referendum result went against the majority of the political Establishment. Cameron did a runner, and a...
Yes, of course, that was the democratic process undertaken. But the fact that the outcome of the process created more division rather than less points to the democratic process being flawed.

So, not only do we have a leadership vacuum - we also have a democracy vacuum.

Meanwhile, the British people are more divided than ever about their sense of identity and belonging, and about Britain's role in the world.

What is needed is nothing short of both a re-evaluation and a re-vitalisation of democracy, leadership, and politics in Britain. Only with that in place do the the Brexit related issues have hope of resolution.

Mr Rees-Mogg is a great ideologue, but a disastrous leader - a permanent backbencher. My vote was also for Leave, but I am rather dismayed by the shady collection of characters promoting that cause. Dividers, not leaders.
  • #592
  • Feb 14, 2019 11:21am Feb 14, 2019 11:21am
Quoting medici
{quote} Yes, of course, that was the democratic process undertaken. But the fact that the outcome of the process created more division rather than less points to the democratic process being flawed. So, not only do we have a leadership vacuum - we also have a democracy vacuum. Meanwhile, the British people are more divided than ever about their sense of identity and belonging, and about Britain's role in the world. What is needed is nothing short of both a re-evaluation and a re-vitalisation of democracy, leadership, and politics in Britain. Only...
5 points, I'll answer each one.

" Yes, of course, that was the democratic process undertaken. But the fact that the outcome of the process created more division rather than less points to the democratic process being flawed. So, not only do we have a leadership vacuum - we also have a democracy vacuum."

Democracy is always flawed, but the alternative is a dictatorship.

" Meanwhile, the British people are more divided than ever about their sense of identity and belonging, and about Britain's role in the world "

Maybe, but that's got nothing to do with Brexit, Brexit has just put a spotlight on it. What nation today does understand its role in the world?

" What is needed is nothing short of both a re-evaluation and a re-vitalisation of democracy, leadership, and politics in Britain. Only with that in place do the the Brexit related issues have hope of resolution."

Perhaps, but democracy, any democracy will still create division, losers and winners, because going back to the first point, the alternative Soviet Socialism, something the Corbynites would love. The problem is, out entire political system is designed to divide and rule, and it has been that way for hundreds of years. It ain't about to change.

" Mr Rees-Mogg is a great ideologue, but a disastrous leader - a permanent backbencher. My vote was also for Leave, but I am rather dismayed by the shady collection of characters promoting that cause. Dividers, not leaders. "

Don't agree, I think he is biding his time. He wants to be PM, but it would be suicide for him to make a move right now. He'll wait for the dust to clear, for Labour to self-destruct in the coming recession, and then he'l go for the leadership. Like all politicians, he's thinking only of his own political future.
  • #593
  • Edited 3:19pm Feb 14, 2019 3:06pm | Edited 3:19pm
Done for the day. Dow upper short still alive, and initiated and closed two shorts in the last hour because, well, good advice I guess.

Last entries were executed on expected spike to fill orders located above compression stops and SR level in yellow. Original TP was 25200 but I cannot trade tomorrow.
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Hidden in plain sight.
  • #594
  • Feb 14, 2019 3:12pm Feb 14, 2019 3:12pm
Dax going OK, less worried about the SL for now than the Dow.
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Hidden in plain sight.
  • #595
  • Feb 14, 2019 4:51pm Feb 14, 2019 4:51pm
Quoting cat
{quote} 5 points, I'll answer each one. " Yes, of course, that was the democratic process undertaken. But the fact that the outcome of the process created more division rather than less points to the democratic process being flawed. So, not only do we have a leadership vacuum - we also have a democracy vacuum." Democracy is always flawed, but the alternative is a dictatorship. " Meanwhile, the British people are more divided than ever about their sense of identity and belonging, and about Britain's role in the world " Maybe, but that's got nothing...

“5 points, I'll answer each one”

Four, I think..About Mr Rees-Mogg we’ll have to disagree I’ll answer the other three.

“Democracy is always flawed, but the alternative is a dictatorship.”

No, the alternative is improved democracy. You can’t seriously claim that we should accept corrupt and dysfunctional democracy, just because there is something you call dictatorship?

“Maybe, but that's got nothing to do with Brexit, Brexit has just put a spotlight on it”

Not just a spotlight, but it has seriously exacerbated the division.

“Perhaps, but democracy, any democracy will still create division, losers and winners, because going back to the first point, the alternative Soviet Socialism, something the Corbynites would love. The problem is, out entire political system is designed to divide and rule, and it has been that way for hundreds of years. It ain't about to change.”

Well put! That is exactly the problem. If the countries that make up Western Civilisation can’t find a remedy, we’re screwed.

And England is leading the way towards the cliff’s edge…for good reason. This is where the idea of individual rights, inalienable by crown or state, was first conceived, after the second rebellion of the barons, and codified in the Magna Charta. More than anything, that is what I love about this country - respect for the individual.

But the problem with a primitive democracy based on such principles (and Britain is such a primitive democracy) is that the process of democracy is like herding cats - it doesn’t work. A sense of community and belonging will not be established under such a constitution.

All well, you might say - “I appreciate my individual freedom” - but the problem has to do with power structure.

Countries such as China and Russia don’t suffer from the democracy-induced fragmentation, and they may use the fragmentation in Western countries to advance their interests, and spheres of control.

To uphold our values, and further our interests, we need to find a way to do democracy that respects the individual, promotes social cohesion, and builds a society resilient to the challenges now facing humanity.

Failing that, after some (in this country) Brexit-induced chaos, we’ll have a period of authoritarian rule (Trump or Putin style) before the collapse.
  • #596
  • Feb 15, 2019 1:13am Feb 15, 2019 1:13am
Both Dow & Dax looking set for potentially big falls today. 25,000 possible on Dow, and sub 11,000 on Dax.
  • #597
  • Feb 15, 2019 1:55am Feb 15, 2019 1:55am
More specifically on Dax, I think 10,700 could be in play, and Dow its H4 100sma @ 25,040. Technically both of these are on for sure. Whether we'll get there remains to be seen. If you're not short yet it's a case of waiting for a pullback and timing an entry. Dax is on its H4 200sma now, so that could well send it back up a bit off of or soon after the London open.
  • #598
  • Feb 15, 2019 2:15am Feb 15, 2019 2:15am
What causes a currency the euro down?
  • #599
  • Feb 15, 2019 2:22am Feb 15, 2019 2:22am
Quoting MeadeDevan
What causes a currency the euro down?
The EU does - it's unworkable, that and the Daily 200ema/sma resistance level.
  • #600
  • Feb 15, 2019 3:00am Feb 15, 2019 3:00am
Betting on the unexpected

I think Dow Jones will form a new ATH ----> 30,000 then 33,000

reason ? China Trade deal will drive this market into a manic phase

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Second...will the 1929 / 1987 crush style come?? Yes it definately come...

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Russell gives the clearest indication of this upmove

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DAX appears to have bottomed and also China A50 shares index .

Thank you

All the best
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practising coitus interruptus
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