Cable Update (GBPUSD)

I was born in Switzerland, I lived in Italy and now live in the USA. My family is Italian so I consider myself Italian.

This is how I see it:

Swiss people are extremely professional, efficient and definitely know how to keep their cities clean and neat. However, the life there is extremely boring and people are cold and not too friendly. This is the same for most northern countries, where the cold weather forces most people to stay inside and threfore socialize less.

Italians really know how to enjoy life, even without being rich. They value family, they love to stay close to their relatives, and turn any given Sunday into a day of feast just by enjoying each other's company. However they are extremely lazy. Lazy to work hard, lazy to learn other languages, lazy to adapt to other countries when they travel. It will be almost impossible to convince an Italian to change city, they like routine. Education there is excellent, unfortunately is not exploited due to horrible organizational skills of te Government. Same thing for keeping the cities clean...what a waste of monuments ! They are all dirty...unbelievable !!!!

Americans...well, where should I even start. Educations is a joke, except when we talk about Masters. Masters are great, but Elementary, Middle and High School...please, what a pathetic joke. No homework, nothing that stimulates any brain cell. Cities, for the most part, are kept clean and I see the US as #1 in organization. Everything is planned, organized, it is all a big scheme. Scary at times. Family values ? Nada, gone ! This happens because it is so easy to move from one state to the other, that with time people lose touch. You find the same language, the same stores, the same everything in NYC and California. As a result everybody moves and that's it, you lose the important contacts in life. Americans are, unfortunately, very materialistic. It is all about money and your status, that's it, that's all it matters. It is a society based on a big lie, a big bubble, totally empty.

Therefore, no contry is perfect: there were you have organization, you have a boring life. There were you enjoy the simplest things, you become lazy....

That's life I guess, but to come here and judge a contry without being objective, you truly gotta be an idiot....

Mr. Future

The reason I am throwing stones is because of my love for america and it pains me to see they way that it is heading, I.E the kansas boe, the fed giving banks 80 billion to help them out while they kick hard working families out on the streets and the fact that people in my own family think I live in Sweden and not Switzerland. I am not trying to offend anybody I was just venting my frustrations at the decline of values, morales and education in America. Meanwhile PS3 and xbox outsale books 10 to 1

Said it all

Back to cable

LONG MF LONG

0700 touchdown

it sure would be funny if they will not lower the rates...a lot of peple would get really burned big time....stop losses would get skipped like crazy

For now, I'm really sad about the stoplosses to undergo liquidation in the 0700 area.

No I'm not

I can hear allserene screaming and cusing for buying dollars.

hehe... his broker's advice... "1.98 sooner than you expected"

At this point, it is too high.

For the night, many will sell to take profit and avoid being exposed during the rate decision.

The ones who wanted to buy now are puzzled by how high it already is, and will observe looking for an entry point.

Good time for short term shorters now....

I'll stay away from it tomorrow, too risky...it will all be about interpretation.."was it as bad as they tought or was it really better because before blah blah blah ?"

I just don't understand what criteria is used to profile some people as "COLD"

I'm from Brazil and I still remember the first time I went to Switzerland. Everyone from the Brazilian community over there would talk about how COLD people were, and how depressing their winters are ,yada..yada yada.

In my personal experience I've never known a better people than the Swiss, and I had a KICK out of the winter...it is beautiful...its fun...and winter food is just AWESOME !!!!!!

I guess "it is all in your mind"..........Geneve....Suisse....Europe....Je t'aime a la folie !!!!!!!!!!!!!!!!!

Cable Update's US Rate Statement Forecast

A). Cut 0.25
http://www.smh.com.au/ffximage/2004/...b__430x308.jpg

B. No-change
http://www.egge.net/%7Esavory/low_flying_bull.jpg

C. Cut 0.5
http://see.msfc.nasa.gov/sparkman/Im...p%20Impact.gif

Let's vote.

I say 'no cut'

LOL...

I say Bernanke ain't got the balls to stand up for what he believes.

My vote is doggystyle cut 0.25.

It should be interesting to see what baldy has to say tomorrow.

FOREX: M&A Activity - Large UK M&A Outflows Seen San Francisco, Oct 30.
Cross Border M&A Flows: All Cash and Cash and Stock Deals ($mln)

Yr-to-Date Yr-to-Date Total 2006
Oct 30 Wk Jun 12 Wk
Net Australia Flows +20,096.9 +15,441.0 +12,786.7

Net Canada Flows +78,829.7 +43,154.4 +68,494.7

Net Japan Flows +9,206.7 +5,497.3 -16,792.8

Net Eurozone to UK - - 52,344.9
Net UK to Eurozone 123,185.5 141,092.3

Net US to Eurozone - 12,250.7 11,151.0
Net Eurozone to US 43,153.9

Net US to UK 28,672.6 22,702.0 27,706.2

Net Eurozone Flows +18,379.7 +123,877.4 -120,569.2

Net UK Flows -149,198.0 -140,089.4 +84,718.0

Net US Flows +21,740.9 -47,527.0 -73,762.3

Major shifts in currencies this year are having a dramatic effect on M&A
flows with the cheap USD now attracting net M&A inflows compared to net outflows
as recently as June and net outflows last year. Similarly, the UK saw net
inflows last year, but has shifted to a massive net outflow over 149K. The
Eurozone, which saw massive net inflows over $120 bln in June has seen net
inflows drop to only $18 bln suggesting an $100 bln swing of net outflows in
only four months. Net UK M&A flows are negative for sterling with net outflows
at $149 bln though down from $168 bln earlier this month, but well up from only
$5 bln in outflows in April. The weak USD has attracted net inflows of $21 bln
for the year to September compared to net outflows of $47 bln in June, a net
shift of $68 bln in only four months. Net M&A flows for Japan are at net inflows
worth over $9 bln, but at less than $1 bln per month so far this year and
unlikely to have much impact on the currency. Canada M&A flows are now a net $78
bln up from $43 bln in inflows in June and still fuelling CAD strength and
recent move to 47-yr highs. Australia M&A flows are positive at $20 bln but down
from nearly $22 bln two months ago.

i dont know if this info is useful, but i hope it is!

trip stagger fall oops hi there great HOLD nice to see u MARKET UPSET hows it going nice waether were having Massive liquidation been a long time whats up LOL

IMO regardless of what the fed does tomorrow, GU is due for a good retracement before resuming higher to soros jr's target of 2.1

In an unprecedent effort, involving some of the prime criminal minds, $100,000 worth bribes, 1 tape recorder and 2 taxi tickets, I am proud to inform you that CABLE UPDATE had exclusive and illegal access to part of the Fed meeting that will culminate in tomorrow's rate statement.

Here for your analysis...

Bernanke: Soooo... What the hell are we doing tomorrow?
Annonimous Fed official: About what sir?
Bernanke: The rate statement, thank you very much?
Annonimous Fed official: Oh of course Sir.
Bernanke: Jeff, how is dollar doing?
Jeff: Wounded in Action sir. Pretty badly. Guys are showing no mercy when it comes to short the dollar.
Bernanke: Good <GASP> I mean, Oh boy... Mark? How the economy doing?
Undentified: <Laugh>
Mark: How the hell do I know, Sir?
Bernanke: Can't blame'ya... Susie? <BURP> Sorry, what is the market expecting?
Susie: 25bp, sir
Bernanke: Deal

<End of recording>