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Cable Update (GBPUSD)

  • #39,121
  • Nov 8, 2007 9:52am Nov 8, 2007 9:52am
Quoting dd33
waiting for another fart from china Moe??
There is always one coming LOL
  • #39,122
  • Nov 8, 2007 9:53am Nov 8, 2007 9:53am
Quoting Moe
if they do i hope it smell like roeses for the u.s., it's been smelling like shit for the u.s. lately.
Whatever it smells like.. i just wish that i make money from it.. not losing money..
  • #39,123
  • Nov 8, 2007 9:56am Nov 8, 2007 9:56am
Quoting dd33
Whatever it smells like.. i just wish that i make money from it.. not losing money..
you might smell like shit but atleast you come out with a pocket full on money.
If I Go Broke Trying Then I Will die happy.
  • #39,124
  • Nov 8, 2007 10:04am Nov 8, 2007 10:04am
Bernanke says he's not worried about foreign holders unloading dollars. "I am not particularly concerned" about a possible change in holdings by China or India. "The dollar remains the dominant reserve asset, and I expect that to continue to be the case," Bernanke says. Fed's Bernanke said he's not "particularly concerned" by statements Wed by a Chinese official on diversifying China's reserves from the dollar, which were blamed by analysts for sending the buck down sharply. Bernanke mentioned sovereign wealth funds and portions of accumulations being devoted to higher-return assets, but said he does not see any significant change in the broad holding of dollar around the world. The strength of the buck, Bernanke said, depends on the US economy, trade, and market openness. USD didn't show any significant response to his comments. Thurs morning, EUR/USD at 1.4690 from 1.4634 late Wed, while USD/JPY at Y112.61 from Y112.77.
  • #39,125
  • Nov 8, 2007 10:05am Nov 8, 2007 10:05am
i took another half of my position at 2.1090 im gonna let the other half ride out till n.y. close so i can get a little swap. don't look like il be trading on friday, don't put my word on it. soros jr had a good call about 4-5 month's ago if you had about 1000 pip stop loss, lol
If I Go Broke Trying Then I Will die happy.
  • #39,126
  • Nov 8, 2007 10:06am Nov 8, 2007 10:06am
Quoting Moe
you might smell like shit but atleast you come out with a pocket full on money.
LOL.. i wouldnt mind at all.. with a pocket full of money.. i can spend some on luxury bath with few pretty gals and expensive perfumes.. that will get rid of the smell.. LOL..
  • #39,127
  • Nov 8, 2007 10:08am Nov 8, 2007 10:08am
History repeats... http://www.cartoonstock.com/lowres/hsc3569l.jpg
  • #39,128
  • Nov 8, 2007 10:09am Nov 8, 2007 10:09am
Quoting benssol
Bernanke says he's not worried about foreign holders unloading dollars. "I am not particularly concerned" about a possible change in holdings by China or India. "The dollar remains the dominant reserve asset, and I expect that to continue to be the case," Bernanke says. Fed's Bernanke said he's not "particularly concerned" by statements Wed by a Chinese official on diversifying China's reserves from the dollar, which were blamed by analysts for sending the buck down sharply. Bernanke mentioned sovereign wealth funds and portions of accumulations being devoted to higher-return assets, but said he does not see any significant change in the broad holding of dollar around the world. The strength of the buck, Bernanke said, depends on the US economy, trade, and market openness. USD didn't show any significant response to his comments. Thurs morning, EUR/USD at 1.4690 from 1.4634 late Wed, while USD/JPY at Y112.61 from Y112.77.
if that the case how come every time china open it's mouth about the dollar the dollar reacts, b.s. if you ask me, unless the u.s. economy makes a come back every country will be unloading there usd reserves. wouldn't you if you saw your investment drop?
If I Go Broke Trying Then I Will die happy.
  • #39,129
  • Nov 8, 2007 10:09am Nov 8, 2007 10:09am
Btw.. where's Bernanke?? He used to say something here trying to explain "his statements"..
  • #39,130
  • Nov 8, 2007 10:11am Nov 8, 2007 10:11am
Quoting dd33
LOL.. i wouldnt mind at all.. with a pocket full of money.. i can spend some on luxury bath with few pretty gals and expensive perfumes.. that will get rid of the smell.. LOL..
lol
If I Go Broke Trying Then I Will die happy.
  • #39,131
  • Nov 8, 2007 10:14am Nov 8, 2007 10:14am
Quoting cesarnc
History repeats... http://www.cartoonstock.com/lowres/hsc3569l.jpg
lol, it funny because i saw an interview on nbc where greenspan said he got something call the greenspan speech where nobody know's what the fuck he's talking about, i don't think none of those idoit's know what the fuck there talking about.
If I Go Broke Trying Then I Will die happy.
  • #39,132
  • Nov 8, 2007 10:24am Nov 8, 2007 10:24am
Quoting Moe
lol, it funny because i saw an interview on nbc where greenspan said he got something call the greenspan speech where nobody know's what the fuck he's talking about, i don't think none of those idoit's know what the fuck there talking about.
You can actually watch some 5min - live on cnbc. Problem is that your dog starts facing you teeth out. Boy, what ability to endlessly discuss a subject without talking about the real deal...
  • #39,133
  • Nov 8, 2007 10:27am Nov 8, 2007 10:27am
I think we may have another 100 pips 2.1190ish
  • #39,134
  • Nov 8, 2007 10:31am Nov 8, 2007 10:31am
Quoting sooperthug
I think we may have another 100 pips 2.1190ish
i can see that. there gots to be an end to this uptrend somewhere, boy i would love to catch the top and let it ride the whole year of 2008 and see what happens
If I Go Broke Trying Then I Will die happy.
  • #39,135
  • Nov 8, 2007 10:35am Nov 8, 2007 10:35am
Quoting Moe
i can see that. there gots to be an end to this uptrend somewhere, boy i would love to catch the top and let it ride the whole year of 2008 and see what happens
1.98
Patience + Humility + Study = Success
  • #39,136
  • Nov 8, 2007 10:36am Nov 8, 2007 10:36am
Quoting Moe
i can see that. there gots to be an end to this uptrend somewhere, boy i would love to catch the top and let it ride the whole year of 2008 and see what happens
Wouldn't that be SWEET....

Ben is getting hammered to NOT lower rates again...

I hear alot of STUTTERING in his voice. He is probably cursing out Greenspan everytime Congress asks him a question.....
  • #39,137
  • Nov 8, 2007 10:38am Nov 8, 2007 10:38am
2 BILLION A MONTH ON THE WAR IN IRAQ.......

No wonder why I retired 2 years ago....Bush got the whole Congress suckered.....
  • #39,138
  • Nov 8, 2007 10:41am Nov 8, 2007 10:41am
You know the day is over when news like this one deserves a Red Alert on CNBC. LOL US House Approves Free Trade Agreement with Peru; Pact Phases Out Peruvian Tariffs on US Agricultural, Manufactured Goods"
  • #39,139
  • Nov 8, 2007 10:41am Nov 8, 2007 10:41am
Quoting Turtle
Wouldn't that be SWEET....

Ben is getting hammered to NOT lower rates again...

I hear alot of STUTTERING in his voice. He is probably cursing out Greenspan everytime Congress asks him a question.....
lol
If I Go Broke Trying Then I Will die happy.
  • #39,140
  • Nov 8, 2007 10:44am Nov 8, 2007 10:44am
well i will check back in after n.y. close, i still think 1150 is coming. i just won't be in a trade when it come's.
If I Go Broke Trying Then I Will die happy.
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