You should feel happy you have a number to dial to. Those enrolled in Countrywide will have 911 left like tomorrow.
Just Trade It
Cesarnc's market talk, gossips, rumours & fun
- #2,121
- Jan 8, 2008 3:31pm Jan 8, 2008 3:31pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
- #2,122
- Jan 8, 2008 3:33pm Jan 8, 2008 3:33pm
Let me guess, is your Bank "Citibank"?
Been with them for 10 years, well, 11 now, even before they were WaMu.
Good bank, in general... and they obviously perform community service by employing those who are otherwise unemployable
Oh, and I think I might be pegged by homeland security now... there was just too much of 'Middle East?' 'Yemen?' 'Yemen?' 'Emirates? Hm, I see' 'And can you verify your source of income?' and all that great stuff
btw, I'll take sand dollars over US dollars anytime these days... or pound for that matter!
actually, even Yemeni Rials sound better in the long term
Cable is my sugardaddy
- #2,125
- Jan 8, 2008 3:38pm Jan 8, 2008 3:38pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #2,126
- Jan 8, 2008 3:41pm Jan 8, 2008 3:41pm
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Lmao, no, Washington Mutual.
Been with them for 10 years, well, 11 now, even before they were WaMu.
Good bank, in general... and they obviously perform community service by employing those who are otherwise unemployable
Oh, and I think I might be pegged by homeland security now... there was just too much of 'Middle East?' 'Yemen?' 'Yemen?' 'Emirates? Hm, I see' 'And can you verify your source of income?' and all that great stuff
btw, I'll take sand dollars over US dollars anytime these days... or pound for that matter!
actually, even Yemeni Rials sound better in the long term
Humble Lifetime Member
- #2,127
- Jan 8, 2008 3:43pm Jan 8, 2008 3:43pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #2,128
- Jan 8, 2008 3:43pm Jan 8, 2008 3:43pm
Hi, Bohogirl,
already back from Yemen?
Did you like the trip?
People are totally nice and everything is so cheap, it's unreal. I got a little out of hand with handmade Pashmina and wool shawls, but how could I not - $5 a piece and a quantity discount when purchasing 3 or more (or 10)...
That's what got me in trouble in the first place - I used my ATM card 'cause I ran out of cash and credit cards... well, what credit cards? we're talking a total step back in history villages here!
It was totally worth it though - those scarfs and shawls are the softest things ever and since I got a little too many, every female I know is getting one for xmas, birthday, anniversary, whatever, and I won't even have to rely on forex to pay for them
Cable is my sugardaddy
Yes, it was a quick one, and it was pretty cool - a bit overwhelming at times, but really nice too. For most part, as soon as I left Sana'a, I felt like I was in a National Geographic special or something - a whole other world, you know.
People are totally nice and everything is so cheap, it's unreal. I got a little out of hand with handmade Pashmina and wool shawls, but how could I not - $5 a piece and a quantity discount when purchasing 3 or more (or 10)...
That's what got me in trouble in the first place - I used my ATM card 'cause I ran out of cash and credit cards... well, what credit cards? we're talking a total step back in history villages here!
It was totally worth it though - those scarfs and shawls are the softest things ever and since I got a little too many, every female I know is getting one for xmas, birthday, anniversary, whatever, and I won't even have to rely on forex to pay for them
Glad you liked it (and survived)!
- #2,130
- Jan 8, 2008 4:12pm Jan 8, 2008 4:12pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Beautiful long term Setup. We can go together on this one
Major trigger: Dow Jones, S&P, NASDAQ below 10% off highs, now in correction territory
GJ down move's target:
1. H&S triggered at 222 area (weekly)
- Head top 251, neck line 222 (give ot take)
Gap: 2,900 pips
Target: 222- 2,900 pips = 193.00
2. ABC Correction (weekly)
A: 251 (top)
B: 219 (gap A-b = 3,200 pips)
C: 241
Trigger: 219.00 - gone
Targets:
38% 228 - gone
50% 225 - goone
68% 219 - gone
100% - 209.00
3 - UJ setup
Bearish flag in the Daily
Top 114.65
Bottom 107.89
Gap: 676 pips
Expected slump shall gets triggered 676 pips
x 1.98 (GU) = 1,300 pips in GJ
GJ 215 (actual) - 1,300 pips = 202.00
3 setups, same target
Now...
Short here 215, SL 217.5(above this week's high), target 200 area would give us the risk reward that will make the Cable Thread's guys believe in GOD.
250 pips risk for 1,500 pips reward.
1- It's not a short term setup
2- Balance your risk (MM) with 250 pips SL
3- Leave free margin for all other currencies you hyenas are going to assault
Where did I go wrong here?
P.S. Johnnie says hello. Helped me on the calc's
Major trigger: Dow Jones, S&P, NASDAQ below 10% off highs, now in correction territory
GJ down move's target:
1. H&S triggered at 222 area (weekly)
- Head top 251, neck line 222 (give ot take)
Gap: 2,900 pips
Target: 222- 2,900 pips = 193.00
2. ABC Correction (weekly)
A: 251 (top)
B: 219 (gap A-b = 3,200 pips)
C: 241
Trigger: 219.00 - gone
Targets:
38% 228 - gone
50% 225 - goone
68% 219 - gone
100% - 209.00
3 - UJ setup
Bearish flag in the Daily
Top 114.65
Bottom 107.89
Gap: 676 pips
Expected slump shall gets triggered 676 pips
x 1.98 (GU) = 1,300 pips in GJ
GJ 215 (actual) - 1,300 pips = 202.00
3 setups, same target
Now...
Short here 215, SL 217.5(above this week's high), target 200 area would give us the risk reward that will make the Cable Thread's guys believe in GOD.
250 pips risk for 1,500 pips reward.
1- It's not a short term setup
2- Balance your risk (MM) with 250 pips SL
3- Leave free margin for all other currencies you hyenas are going to assault
Where did I go wrong here?
P.S. Johnnie says hello. Helped me on the calc's
- #2,131
- Jan 8, 2008 4:14pm Jan 8, 2008 4:14pm
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Japan will panic, should be interesting open at 8PM EST
Humble Lifetime Member
- #2,132
- Jan 8, 2008 4:18pm Jan 8, 2008 4:18pm
- Joined Jul 2007 | Status: Never Give In | 2,518 Posts
Beautiful long term Setup. We can go together on this one
P.S. Johnnie says hello. Helped me on the calc's
Johnnie Walker, such a gentleman, he can not be wrong.
Humble Lifetime Member
- #2,133
- Jan 8, 2008 4:36pm Jan 8, 2008 4:36pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Beautiful long term Setup. We can go together on this one
Major trigger: Dow Jones, S&P, NASDAQ below 10% off highs, now in correction territory
GJ down move's target:
- #2,135
- Jan 8, 2008 5:19pm Jan 8, 2008 5:19pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Cesarnc`s,
Can I ask what broker you using?
Thanks
Beautiful long term Setup. We can go together on this one...
- #2,137
- Jan 8, 2008 5:32pm Jan 8, 2008 5:32pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
NEW YORK (Reuters) - Countrywide Financial Corp (CFC.N) on Tuesday denied market speculation it might seek bankruptcy protection, after shares of the largest U.S. mortgage lender slid to their lowest level in nearly eight years.
"There is no substance to the rumor that Countrywide is planning to file for bankruptcy, and we are not aware of any basis for the rumor that any of the major rating agencies are contemplating negative action relative to the company," Countrywide said in a statement.
Stock is at $5.47 and crashing. Bankruptcy protection might not be a bad idea.
"There is no substance to the rumor that Countrywide is planning to file for bankruptcy, and we are not aware of any basis for the rumor that any of the major rating agencies are contemplating negative action relative to the company," Countrywide said in a statement.
Stock is at $5.47 and crashing. Bankruptcy protection might not be a bad idea.
- #2,138
- Jan 8, 2008 6:20pm Jan 8, 2008 6:20pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
NEW YORK (Reuters) - Countrywide Financial Corp (CFC.N) on Tuesday denied market speculation it might seek bankruptcy protection, after shares of the largest U.S. mortgage lender slid to their lowest level in nearly eight years.
"There is no substance to the rumor that Countrywide is planning to file for bankruptcy, and we are not aware of any basis for the rumor that any of the major rating agencies are contemplating negative action relative to the company," Countrywide said in a statement.
Stock is at $5.47 and crashing. Bankruptcy protection might not be a bad idea.
The fact is, the stronger the denial, the weaker the statement LOLLLL
I learned in the financial markets:
- "We won't" means, "We will, just not yet"
- "We will" means, "We will, but you'd better grab a nice chair"
- #2,139
- Jan 8, 2008 6:24pm Jan 8, 2008 6:24pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
You and johnny did a good job with that, but mind this 4hr channel also cos the top of it will take you out of what looks like a great trade. I'm not convinced the correction is over yet so im just staying flat for now, but if it breaks down the channel and makes a lower low from Friday then im with ya. Nice work.
Carry trades are doomed to a extended correction now that Dow Jones will retake the 13K level only by a miracle.
And for GJ it will be worsened if BOE cuts rates once again.
Of course this whole scenario can be changed in a blink of an eye. That's why we have our best friend Ms. Stoploss
- #2,140
- Jan 8, 2008 6:25pm Jan 8, 2008 6:25pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
Cesarnc, what link are you using to look at the Dow Jones Futures????
HOLLA
HOLLA