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Cesarnc's market talk, gossips, rumours & fun

  • #1,441
  • Jan 2, 2008 12:53pm Jan 2, 2008 12:53pm
Originally Posted by Big Wave Rider http://www.forexfactory.com/images/buttons/viewpost.gif
Meanwhile back to something of the upmost importance

Now, that is what I call inspirational!


Quoting Big Wave Rider
Oil is so yesteryear, how about 5 dollars per liter of water? (almost there as I type)
this is just the beggining of the great water rush, we cant drink oil.
Yeah, water is going to be the next hottest commodity. For all you skeptics, just wait and see. Wars will not fought over politics or oil but rather water.

Where is Turtle? Does anyone know?
Humble Lifetime Member
  • #1,442
  • Jan 2, 2008 12:53pm Jan 2, 2008 12:53pm
PS: our previous discussion on the 28th about the GJ pinbar turned out pretty fruitful. I think it was a great way to end the year.. take a look:
Attached Image (click to enlarge)
Click to Enlarge Name: shot3.gif Size: 26 KB
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #1,443
  • Jan 2, 2008 12:54pm Jan 2, 2008 12:54pm
Quoting Big Wave Rider
Oil is so yesteryear, how about 5 dollars per liter of water? (almost there as I type)
this is just the beggining of the great water rush, we cant drink oil.
I can see it already. Bush claiming "Amazon a terrorist shelter / weapon of mass destruction construction site", sending troops and water pumps :
  • #1,444
  • Jan 2, 2008 12:56pm Jan 2, 2008 12:56pm
Quoting Plutonite
PS: our previous discussion on the 28th about the GJ pinbar turned out pretty fruitful. I think it was a great way to end the year.. take a look:
Attachment
As they say. It's not the size that matters. It's the pleasure it provides
  • #1,445
  • Jan 2, 2008 12:56pm Jan 2, 2008 12:56pm
Quoting DutchTrader
Thanks BWR!!

BTW does anyone think we'll see 150 oil? Thoughts?
I don't think it is a possibility at the moment unless Geo-political tensions with Iran go ape shit.
Humble Lifetime Member
  • #1,446
  • Jan 2, 2008 12:58pm Jan 2, 2008 12:58pm
Quoting cesarnc
As they say. It's not the size that matters. It's the pleasure it provides
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #1,447
  • Jan 2, 2008 1:01pm Jan 2, 2008 1:01pm
Quoting Ash

Where is Turtle? Does anyone know?
What's up gang.........just got back from Myrtle Beach, me and my wife party on New year's eve, went down to Broadway on the Beach, got drunk, fell down some stairs, smoke some good herb and woke up with a hangover....

Now I'm ready to trade for 2008. BWR, where can I get a calendar....

HOLLA
  • #1,448
  • Jan 2, 2008 1:03pm Jan 2, 2008 1:03pm
Quoting Ash
I don't think it is a possibility at the moment unless Geo-political tensions with Iran go ape shit.
It may be simpler

Oil prices, which on Wednesday hit $100 a barrel for the first time, will probably go up further in the next five years unless economic growth falters and slows fuel demand.

Falling production in some areas outside OPEC, robust growth in demand led by countries such as China and a strain on oil refineries to make fuels from crude are likely to extend a rally
that began in 2002.


"Oil could rise further from here," said Kris Voorspools, analyst at Fortis in Brussels. "It's simple supply and demand fundamentals...Demand is going up and I think there is a structural problem with the refining sector. There's higher demand for higher-quality products and refineries are simply not up to making those kinds of products."
  • #1,449
  • Jan 2, 2008 1:05pm Jan 2, 2008 1:05pm
Quoting Turtle
What's up gang.........just got back from Myrtle Beach, me and my wife party on New year's eve, went down to Broadway on the Beach, got drunk, fell down some stairs, smoke some good herb and woke up with a hangover....

Now I'm ready to trade for 2008. BWR, where can I get a calendar....

HOLLA
Passing the peace pipe around?

Good to see you back!
Humble Lifetime Member
  • #1,450
  • Jan 2, 2008 1:08pm Jan 2, 2008 1:08pm
Quoting Ash
Passing the peace pipe around?

Good to see you back!
Even went and jumped in the Atlantic Ocean yesterday to start the year off on a good foot......

HOLLA
  • #1,451
  • Jan 2, 2008 1:09pm Jan 2, 2008 1:09pm
The usual end of NY session GJ buying, only for me to play wack-a-mole later.
Patience + Humility + Study = Success
  • #1,452
  • Jan 2, 2008 1:09pm Jan 2, 2008 1:09pm
FOMC Minutes: Fed Called Economic Situation 'Unusually Uncertain'

"Unusually uncertain" is "we are as lost as a damn blind guy in a shootout"
  • #1,453
  • Jan 2, 2008 1:10pm Jan 2, 2008 1:10pm
Quoting cesarnc
It may be simpler

Oil prices, which on Wednesday hit $100 a barrel for the first time, will probably go up further in the next five years unless economic growth falters and slows fuel demand.

Falling production in some areas outside OPEC, robust growth in demand led by countries such as China and a strain on oil refineries to make fuels from crude are likely to extend a rally
that began in 2002.


"Oil could rise further from here," said Kris Voorspools, analyst at Fortis in Brussels. "It's simple supply and demand fundamentals...Demand is going up and I think there is a structural problem with the refining sector. There's higher demandh for higher-quality products and refineries are simply not up to making those kinds of products."
No doubt, I was only speaking of near term. Long term, it is almost a given.
Humble Lifetime Member
  • #1,454
  • Jan 2, 2008 1:27pm Jan 2, 2008 1:27pm
About the minutes I guess the most important thing to notice is that the only guy who voted against the cut did it because he wanted a bigger cut. Oh... and they say in 2009 everything will be in heaven again

Quoting FOMC Minutes
Votes for this action: Messrs. Bernanke, Geithner, Evans, Hoenig, Kohn, Kroszner, Mishkin, Poole, and Warsh.

Votes against this action: Mr. Rosengren.

Mr. Rosengren dissented because he regarded the weakness in the incoming economic data and in the outlook for the economy as warranting a more aggressive policy response. In his view, the combination of a deteriorating housing sector, slowing consumer and business spending, high energy prices, and ill functioning financial markets suggested heightened risk of continued economic weakness. In light of that possibility, a more decisive policy response was called for to minimize that risk. In any case, he felt that well anchored inflation expectations and the Committee’s ability to reverse course on policy would limit the inflation risks of a larger easing move, should the economy instead prove significantly stronger than anticipated.
  • #1,455
  • Jan 2, 2008 1:29pm Jan 2, 2008 1:29pm
Quoting Big Wave Rider
Meanwhile back to something of the upmost importance


http://i84.photobucket.com/albums/k1...ppynewyear.jpg

Hello,


My apologies if I have not earn the right to comment on your humor but....Those ZEROS can not be real!!! It must be a PhotoShop touch up! They are soooo perfect!...only God is perfect!
Unus pro omnibus, omnes pro uno
  • #1,456
  • Jan 2, 2008 1:39pm Jan 2, 2008 1:39pm
Another try for 216.50
Patience + Humility + Study = Success
  • #1,457
  • Jan 2, 2008 1:42pm Jan 2, 2008 1:42pm
Somebody must have of opened another game of wack-a-mole on the Dow again.

It was trying to come off the lows of the day but someone said not this time.
  • #1,458
  • Jan 2, 2008 1:46pm Jan 2, 2008 1:46pm
http://www.bayschools.com/pesportal/.../wackamole.gif
Patience + Humility + Study = Success
  • #1,459
  • Jan 2, 2008 1:47pm Jan 2, 2008 1:47pm
Quoting SunTrader
Somebody must have of opened another game of wack-a-mole on the Dow again.

It was trying to come off the lows of the day but someone said not this time.

No, not this time.
Humble Lifetime Member
  • #1,460
  • Jan 2, 2008 1:49pm Jan 2, 2008 1:49pm
According to some the FOMC minutes were signalling more cuts.
Patience + Humility + Study = Success
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