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The Swamp

  • #92,981
  • Dec 4, 2021 12:44pm Dec 4, 2021 12:44pm
Quoting gatorinla
A good place to make love during a hurricane. 100 feet above the ocean in a 70 mph wind. Just saying, dont knock it, till you try it. https://www.youtube.com/watch?v=gQMAYOAP2xQ {image}
is there a hurricane in New Orleans again? second time this year?

  • #92,982
  • Dec 4, 2021 12:58pm Dec 4, 2021 12:58pm
ALL YOU BRO!

Inserted Video
I am who I am
  • #92,983
  • Dec 4, 2021 1:55pm Dec 4, 2021 1:55pm
Quoting gatorinla
{quote} I found the only gem. Luna {image} {image}
nice
also ETH back above 4K

but huge liquidation today
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,984
  • Dec 4, 2021 2:17pm Dec 4, 2021 2:17pm
Quoting Connors
{quote} Major crisis in Turkey right now. USDTRY hit 16.40. Erdogan administration burned economy along with everything else of the country. He has to stop this madness and just leave.
The Turkish Statistical Institute places Turkey's October 2021 consumer inflation at a worrying 19.89%. However, the Inflation Research Group (ENAGrup), composed of academics and former government officials, estimates Turkey's real October 2021 inflation rate to be an alarming 49.87%. If the independent figure is to be believed, then Turkey is at the border of hyperinflation, defined by higher than 50% inflation for several consecutive months. In mid-November, the value of the Turkish Lira plummeted to a record low, crossing the psychologically important line of 10 Lira against the U.S. dollar. Following a further 1% interest rate cut by Turkey's Central bank on November 19th, Turkey's currency plummeted through a new floor of 11 Lira against the dollar. Overall, the Turkish Lira has lost 30% of its value during 2021.

Already in early September, the government reduced the import customs duty on cereal grains to zero for the remainder of 2021. The cancellation of import duties on cereal grains was a critical stop gap measure as Turkey is the world's third largest importer of wheat, with 2020 total wheat imports worth $2.33 billion. At first glance, Turkey's status as a top 5 wheat importer may seem counter intuitive as Turkey is also the world's 11th largest producer of wheat. However, Turkey's own production cannot provide sufficient wheat to meet its domestic demand while concurrently supplying its lucrative flour, baked goods, and pasta export industries. In 2019, Turkey produced 19 million tons of wheat flour, being the country's largest agricultural crop by weight and third most valuable food commodity surpassed only by whole milk and tomatoes. Wheat flour and pastas (macaroni) constituted Turkey's largest 2019 food exports by quantity, 3.3 million tons and 1.2 million tons respectively, with baked goods and breakfast cereals ranking 11th and 13th. In terms of export revenues, wheat flour is Turkey's second most valuable food export, surpassed only by hazelnuts, and earned $1.1 billion. Turkey's baked goods were the 4th largest food export earner, closely following prepared nuts while pastas were the 7th largest food export earner.

Turkey's top food export – hazelnuts – requires 9,807 liters of water per kilogram compared to about 1,500 liters to produce 1 kg of wheat. Cotton, one of Turkey's premier cash crops, is even worse requiring about 11,000 liters per kg. Turkey is the world's 7th largest producer of cotton and the 9th largest exporter. More than a raw material export, cotton plays an essential role in Turkey's textile and apparel exports. Turkey's textile and apparel industry generally accounts for at least 10% of the country’s GDP and currently employs over a million Turks. In 2019, Turkey's combined textile and apparel exports totaled $26 billion, representing 21.8% of its total exports. Even during the low demand year of 2020, due to the COVID-19 pandemic, Turkey's ready-to-wear apparel exports were $17.1 billion and textile and raw materials exports were $7.3 billion.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,985
  • Dec 5, 2021 12:49am Dec 5, 2021 12:49am
Quoting DMA Trader
{quote} The Turkish Statistical Institute places Turkey's October 2021 consumer inflation at a worrying 19.89%. However, the Inflation Research Group (ENAGrup), composed of academics and former government officials, estimates Turkey's real October 2021 inflation rate to be an alarming 49.87%. If the independent figure is to be believed, then Turkey is at the border of hyperinflation, defined by higher than 50%...

In a meeting with senior officials from the ruling Justice and Development Party (AKP) earlier this week, Erdoğan discussed and explained the new road map for the economy which the government is now pursuing, noting that the economic outlook will improve in four to five months and the new economic model will start to yield results in six months.
“We have chosen the difficult path, but the citizens will start to feel the positive effects,” Erdoğan said.
“We have started a new era to break the grip of interest rates and achieve economic growth based on production. We will lure foreign investors. This is how the Chinese economy has grown with its young population, industry and production…Turkey has more advantages compared with China, we are closer to the market,” the president said.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,986
  • Dec 5, 2021 10:11am Dec 5, 2021 10:11am
A North Carolina man accidentally bought 2 identical lottery tickets -- and won 2 jackpots...
https://edition.cnn.com/2021/12/05/u...rnd/index.html
I am who I am
  • #92,987
  • Dec 5, 2021 12:13pm Dec 5, 2021 12:13pm
Quoting genadi
{quote} is there a hurricane in New Orleans again? second time this year?
No, I took my girl there for a memory.Checking off the bucket list boxes. The one about having sex in space. Was once thought impossible. Its not so impossible anymore. A man has to have a goal.
those who can, do. those who cant, talk about those who can
  • #92,988
  • Dec 5, 2021 12:30pm Dec 5, 2021 12:30pm
Quoting gatorinla
{quote} No, I took my girl there for a memory.Checking off the bucket list boxes. The one about having sex in space. Was once thought impossible. Its not so impossible anymore. A man has to have a goal.
Did you guys already rebuilded all damage hurricane did?
  • #92,989
  • Dec 5, 2021 4:04pm Dec 5, 2021 4:04pm
Quoting genadi
{quote} Did you guys already rebuilded all damage hurricane did?
Some did.. most didnt . Most are still in the process.
those who can, do. those who cant, talk about those who can
  • #92,990
  • Edited Dec 7, 2021 1:22am Dec 6, 2021 4:01am | Edited Dec 7, 2021 1:22am
4335/36 about to touch.. Some support there.

4357 or 463x is next.
those who can, do. those who cant, talk about those who can
  • #92,991
  • Dec 6, 2021 4:12am Dec 6, 2021 4:12am
Quoting gatorinla
4435/36 about to touch.. Some support there. 4358 or 4638 is next.
ec
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those who can, do. those who cant, talk about those who can
  • #92,992
  • Dec 6, 2021 4:20am Dec 6, 2021 4:20am
I took the L at 4436.. 15 min has since engulfed. I need it to start closing above 1.4444. or go home.
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those who can, do. those who cant, talk about those who can
  • #92,993
  • Dec 6, 2021 4:33am Dec 6, 2021 4:33am
Quoting gatorinla
{quote} bears are trying, "hard to see levels" were always in the chart. 1275 testing now. 1259 untested atm. 1296 closed an h below, not a 4h yet. These are pa established real s/r. Unlike the Percent ones used as a gauge. The real s/r should answer some questions. The question about 1323 are on a larger time frame. It may be an anomaly do to new covid strands. Or it can be a real indication in bear commitment. If pa closes today (week) above 1323. I think its a rejection. {image}
hard to see levels are holding.. bulls are testing 1300 and 1296 close wise. PA is below 1323. The week did close below 1323, bear side. It still bothers me the month closed above 1323. So a rise can still play out.
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those who can, do. those who cant, talk about those who can
  • #92,994
  • Dec 6, 2021 4:52am Dec 6, 2021 4:52am
Quoting gatorinla
I took the L at 4436.. 15 min has since engulfed. I need it to start closing above 1.4444. or go home. {image} {image}
stops to green +2. I need a 1 min close above 4457 to start. then +4465
those who can, do. those who cant, talk about those who can
  • #92,995
  • Dec 6, 2021 4:59am Dec 6, 2021 4:59am
Quoting gatorinla
{quote} stops to green +2. I need a 1 min close above 4457 to start. then +4465
cheated me//
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those who can, do. those who cant, talk about those who can
  • #92,996
  • Dec 6, 2021 5:12am Dec 6, 2021 5:12am
Quoting gatorinla
{quote} stops to green +2. I need a 1 min close above 4457 to start. then +4465
My 1 min is still bearish.. I need 4455 now to start.
those who can, do. those who cant, talk about those who can
  • #92,997
  • Dec 6, 2021 5:37am Dec 6, 2021 5:37am
Quoting gatorinla
{quote} My 1 min is still bearish.. I need 4455 now to start.
4454
those who can, do. those who cant, talk about those who can
  • #92,998
  • Dec 6, 2021 7:09am Dec 6, 2021 7:09am
Better.com boss uses Zoom call to lay off 900 employees...
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I am who I am
  • #92,999
  • Dec 6, 2021 9:39am Dec 6, 2021 9:39am
Quoting gatorinla
{quote} stops to green +2. I need a 1 min close above 4457 to start. then +4465
stopped for 12..
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those who can, do. those who cant, talk about those who can
  • #93,000
  • Dec 6, 2021 11:46am Dec 6, 2021 11:46am
Quoting gatorinla
WTI oil 62.65 is coming I think soon.. month support 50.52 {image}
oil may be hitting some R here. 70.18
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those who can, do. those who cant, talk about those who can
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