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Cesarnc's market talk, gossips, rumours & fun

  • #341
  • Dec 6, 2007 1:19pm Dec 6, 2007 1:19pm
Quoting cesarnc
Would you guys say cable is bottoming around here or taking a rest to go down more?

I'm still not confortable with the current level to go long, I wanted 2.01. But this levels is starting to look juicy.

Please, no passionate "cable up" bullshit just because you went long @ 0400, ok?

Opinions from people actually intending to trade what they say in a live account is preferable.

BTW talking long term here, too
Tough to say, cesar. NFP is a minefield so traders might take this into account and wait for NFP to take a direction.
Patience + Humility + Study = Success
  • #342
  • Dec 6, 2007 1:20pm Dec 6, 2007 1:20pm
Quoting Moe
there's no hope with bush in office.
And no ROPE, either. Which is worse.
  • #343
  • Dec 6, 2007 1:20pm Dec 6, 2007 1:20pm
That number will only have a busy signal for the next 5 months !!! 2.8 million Americans about to lose their homes.... not many will get through on one little line !!

Quoting Ash
President Bush say's to call 1-800-955-HOPE
  • #344
  • Dec 6, 2007 1:22pm Dec 6, 2007 1:22pm
Quoting cesarnc
Would you guys say cable is bottoming around here or taking a rest to go down more?

I'm still not confortable with the current level to go long, I wanted 2.01. But this levels is starting to look juicy.

Please, no passionate "cable up" bullshit just because you went long @ 0400, ok?

Opinions from people actually intending to trade what they say in a live account is preferable.

BTW talking long term here, too
Right now the bottom formation on H4 is beautiful. Sexy, even. I am turned on

I would give it another 2 hours before making serious decisions. We are in a breakout after all. Small sidenote is that my statistical bands on daily have been hit to the pip, and the bounce happened as expected. Daily is forming a pin bar. Normally I expect some retracement (100 pips min) before resumption down. As always, watch the chart carefully for signs that this argument holds.

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #345
  • Dec 6, 2007 1:30pm Dec 6, 2007 1:30pm
Quoting cesarnc
And no ROPE, either. Which is worse.
i rather have the rope to get it over quickly, little pain but no memory.
If I Go Broke Trying Then I Will die happy.
  • #346
  • Dec 6, 2007 1:30pm Dec 6, 2007 1:30pm
Quoting Tiki Trader
That number will only have a busy signal for the next 5 months !!! 2.8 million Americans about to lose their homes.... not many will get through on one little line !!
They got it all covered, Tiki. The guys are pro:

- If you need assistance with your mortgage, dial 1
- If you REALLY need assistance, dial 2
- If there's already a police officer knocking on your door, dial 3
- If you're already dialing from your mother-in-law's, dial 4

In any option, you will then listen:

- All our positions are busy now. Please hold
"I see trees of green, red roses, too
I see'em blue, for me and you
And I think to myself........."
  • #347
  • Dec 6, 2007 1:32pm Dec 6, 2007 1:32pm
lean a little closer roses realy smell like boo boo, shit.
If I Go Broke Trying Then I Will die happy.
  • #348
  • Dec 6, 2007 1:46pm Dec 6, 2007 1:46pm
@Moe

1.50, on line 1!!
Patience + Humility + Study = Success
  • #349
  • Dec 6, 2007 1:50pm Dec 6, 2007 1:50pm
There you go, stock marketing OKing the subprime plan, Dow spiking to +140

Homeowners are safe, job data is high, Bernanke will bail out...

That's indeed a beautiful world we live in


Until the next shoe drops
  • #350
  • Dec 6, 2007 2:03pm Dec 6, 2007 2:03pm
Quoting cesarnc
Would you guys say cable is bottoming around here or taking a rest to go down more?

I'm still not confortable with the current level to go long, I wanted 2.01. But this levels is starting to look juicy.

Please, no passionate "cable up" bullshit just because you went long @ 0400, ok?

Opinions from people actually intending to trade what they say in a live account is preferable.

BTW talking long term here, too
I would like to see cable down to 1.97-1.98xx before I take a long position. I will do some research into fundamentals. Will keep everyone posted.
Humble Lifetime Member
  • #351
  • Dec 6, 2007 2:05pm Dec 6, 2007 2:05pm
Quoting Tiki Trader
That number will only have a busy signal for the next 5 months !!! 2.8 million Americans about to lose their homes.... not many will get through on one little line !!

On Bloomberg news, an analyst with Barclays says that only 250,000 home owners will probably qualify. Even then, that one line will not hold up.
Humble Lifetime Member
  • #352
  • Edited 2:11pm Dec 6, 2007 2:10pm | Edited 2:11pm
Quoting cesarnc
They got it all covered, Tiki. The guys are pro:

- If you need assistance with your mortgage, dial 1
- If you REALLY need assistance, dial 2
- If there's already a police officer knocking on your door, dial 3
- If you're already dialing from your mother-in-law's, dial 4

In any option, you will then listen:

- All our positions are busy now. Please hold
"I see trees of green, red roses, too
I see'em blue, for me and you
And I think to myself........."
They probably already outsourced the call center to India or the Philippines.

No offense to my fellow brothers (and sisters) in India and the Philippines or wherever they have call centers.
Humble Lifetime Member
  • #353
  • Dec 6, 2007 2:15pm Dec 6, 2007 2:15pm
Quoting cesarnc
Would you guys say cable is bottoming around here or taking a rest to go down more?

I'm still not confortable with the current level to go long, I wanted 2.01. But this levels is starting to look juicy.

Please, no passionate "cable up" bullshit just because you went long @ 0400, ok?

Opinions from people actually intending to trade what they say in a live account is preferable.

BTW talking long term here, too
I still think there is some downside left......

My question is...with all this good news coming out and the DOW over 13.5K and rising, would the FOMC look to hold and take a wait and see approach???

Especially if those NFP numbers look good.......
  • #354
  • Dec 6, 2007 2:16pm Dec 6, 2007 2:16pm
Quoting Ash
On Bloomberg news, an analyst with Barclays says that only 250,000 home owners will probably qualify. Even then, that one line will not hold up.
The rest will have to dial another line: 1-800-955-NOPE

thanks for the entertainment guys! You always make me laugh. Keep this thread alive cesarnc
  • #355
  • Dec 6, 2007 2:20pm Dec 6, 2007 2:20pm
Quoting Turtle
I still think there is some downside left......

My question is...with all this good news coming out and the DOW over 13.5K and rising, would the FOMC look to hold and take a wait and see approach???

Especially if those NFP numbers look good.......
I don't know, I looked at the charts and all indicators are showing bearish momemtum on the daily indicators. I expect to see some downward movement before I go long.

Also, this plan that Sec. Paulson hammered out with the lenders, there must have been some back room politics, give and take. Why would the lenders agree so willingly? Maybe they were assured that the Fed's are going to lower rates. Maybe as much as .50pts?
Humble Lifetime Member
  • #356
  • Dec 6, 2007 2:21pm Dec 6, 2007 2:21pm
Quoting forexian
The rest will have to dial another line: 1-800-955-NOPE

thanks for the entertainment guys! You always make me laugh. Keep this thread alive cesarnc
Yeah, for the one's that do not qualify

But then again, it's a dog eat dog world. :
Humble Lifetime Member
  • #357
  • Dec 6, 2007 2:24pm Dec 6, 2007 2:24pm
Hey Guys and Gals!

Keep your eye on EUR/AUD. If the bulls keep on running blindly, we will see a reversal in the Daily trend within the coming days.
Humble Lifetime Member
  • #358
  • Dec 6, 2007 2:38pm Dec 6, 2007 2:38pm
Quoting forexian
The rest will have to dial another line: 1-800-955-NOPE
  • #359
  • Dec 6, 2007 2:57pm Dec 6, 2007 2:57pm
Dow +190... Carries not responding
  • #360
  • Edited 3:09pm Dec 6, 2007 3:01pm | Edited 3:09pm
Quoting cesarnc
Dow +190... Carries not responding
, EUR down 133 against AUD.

AUD and NZD did well today.

AUD/USD up 86 pts

NZD/USD up 85 pts.
Humble Lifetime Member
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