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Cable Update (GBPUSD)

  • #36,421
  • Oct 19, 2007 9:01am Oct 19, 2007 9:01am
Fed Bernanke: Strong Fed Action May Limit 'Costly' Outcomes
Bernanke: Fed Should Avoid 'Overreacting' To Economic Info
Bernanke: Assessing Econ's True State 'Formidable' Challenge
Bernanke: Should Be Cautious In Estimating Growth Fed Bernanke: Strong Fed Action May Limit 'Costly' Outcomes
  • #36,422
  • Oct 19, 2007 9:05am Oct 19, 2007 9:05am
Quoting benssol
Fed Bernanke: Strong Fed Action May Limit 'Costly' Outcomes
Bernanke: Fed Should Avoid 'Overreacting' To Economic Info
Bernanke: Assessing Econ's True State 'Formidable' Challenge
Bernanke: Should Be Cautious In Estimating Growth Fed Bernanke: Strong Fed Action May Limit 'Costly' Outcomes
Long GU, is that you?
Patience + Humility + Study = Success
  • #36,423
  • Oct 19, 2007 9:06am Oct 19, 2007 9:06am
Quoting maverick
what type of hedging are you suggesting?
Options or plain short main account.... long sub account.....
For he that would be deceived, let him.
  • #36,424
  • Oct 19, 2007 9:06am Oct 19, 2007 9:06am
Ladies & Gentlemen, we are having a crash today
  • #36,425
  • Oct 19, 2007 9:11am Oct 19, 2007 9:11am
No rate cut what??? SHIT, SHIT, SHIT all these prices were factoring in another rate cut. Here comes the fear and loathing
Just Trade It
  • #36,426
  • Oct 19, 2007 9:11am Oct 19, 2007 9:11am
Bernanke comments Fri shed more light on role of risk management in Sept. rate cut decision; says in prepared comments that "intuition suggests that stronger action by the central bank may be warranted to prevent particularly costly outcomes." Cautions that assessing the economy's true state "remains a formidable challenge." Uncertainty about the economy "provides a reason for the central bank to strive for predictability and transparency, avoid overreacting to current economic information, and recognize the challenges of making real-time assessments of the sustainable level of real economic activity and employment," Bernanke said.
  • #36,427
  • Oct 19, 2007 9:12am Oct 19, 2007 9:12am
Quoting DutchTrader
Long GU, is that you?
yes I'm long, who tell you???!!
  • #36,428
  • Oct 19, 2007 9:17am Oct 19, 2007 9:17am
PARIS (Reuters) - President Nicolas Sarkozy and his wife Cecilia have divorced after 11 years of marriage

  • #36,429
  • Oct 19, 2007 9:18am Oct 19, 2007 9:18am
Quoting OrionsWay
I think your right Karm along with other reasons, market shake outs,reversals tomorrow carefull ppl

Looks like a busy day
"Millionaires don't use astrology, billionaires do"
  • #36,430
  • Oct 19, 2007 9:22am Oct 19, 2007 9:22am
...because of Dow anything can happen now,but i'm still bullish since 0375
  • #36,431
  • Oct 19, 2007 9:28am Oct 19, 2007 9:28am
Quoting 30pips
...because of Dow anything can happen now,but i'm still bullish since 0375
you look safe there... But things can go really messy in the stock market.

Dow tookout 13.8K 23% fib. It's now close to last support before the 38% at 13.5K and, worst of all, dow lost a daily trendline that went back to the 12.5K bottom.

Market just needs Soros or Buffet sneezing now
  • #36,432
  • Oct 19, 2007 9:29am Oct 19, 2007 9:29am
Quoting cesarnc
you look safe there... But things can go really messy in the stock market.

Dow tookout 13.8K 23% fib. It's now close to last support before the 38% at 13.5K and, worst of all, dow lost a daily trendline that went back to the 12.5K bottom.

Market just needs Soros or Buffet sneezing now
Wait till the Asians catch the flu on Sunday night.
Patience + Humility + Study = Success
  • #36,433
  • Oct 19, 2007 9:30am Oct 19, 2007 9:30am
Quoting benssol
PARIS (Reuters) - President Nicolas Sarkozy and his wife Cecilia have divorced after 11 years of marriage

Here's a picture of Sarkozy ....
Attached Image
  • #36,434
  • Oct 19, 2007 9:33am Oct 19, 2007 9:33am
taking off for the weekend

my fundamentals need some recreation, all recent waves beyond my understanding, will stay out and let some small positions float in locked state.

Good luck to ya all

Hello World!
  • #36,435
  • Oct 19, 2007 9:42am Oct 19, 2007 9:42am
Dow -190 and transmission is failing
  • #36,436
  • Oct 19, 2007 9:45am Oct 19, 2007 9:45am
*Fed's Poole: Policy Rules Help Avoid Mistakes Of The Past
*Fed Poole: Central Bank Credibility 'Fragile,' Hard To Earn
*Poole: Important For Fed To Do What Is Says It Will Do
  • #36,437
  • Oct 19, 2007 9:48am Oct 19, 2007 9:48am
Quoting cesarnc
Dow -190 and transmission is failing
- 200 / parachutes are out with HOLES all over them
  • #36,438
  • Oct 19, 2007 9:52am Oct 19, 2007 9:52am
Quoting cesarnc
- 200 / parachutes are out with HOLES all over them

Patience + Humility + Study = Success
  • #36,439
  • Oct 19, 2007 9:52am Oct 19, 2007 9:52am
Quoting dswk
Here's a picture of Sarkozy ....
LOL
  • #36,440
  • Oct 19, 2007 10:02am Oct 19, 2007 10:02am
65 pips in GJ and out...

I don't want to see the end of this mess...

Dow bottomed -230 as of now
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