Cesarnc's market talk, gossips, rumours & fun

I was just about to ask about him

Ugh.
Soros the Kid is calling down GBP down.
Doesn't bode too well for my cable shorts

Chicken Shit Bingo goes on over there.

http://photos.travelog.org/cache/images/6/420/636.jpg

I think there's a near term top in Gold, and I also think Countrywide is going to go bankrupt. Either this week or next. Stay tuned.

Gold - should be, coz otherwise it's coming to the 4 digits.

I'm leaving town now for a 3 days biz trip. Nothing fancy as the Bahamas or Emirates, just a 100km ride.

50% biz trip, 50% forex addiction treatment - win/win

I'll pop in once and while until Friday.

You all have nice trades

Have a good trip..........

HOLLA

You should too go treat yours Turtle!

Same to you brother!

have a safe trip bro

Have fun on your treatment cesar..
Btw.. just curious.. do u plan to leave ur "nico" on duty??

Have a great trip!!!
We promise to behave while you're away.
Really, we do!





Is he gone yet?
Anyone wants a beer?

When Goldie speaks I listen, not that many others aren't saying the same thing:

NEW YORK (Reuters) - Goldman Sachs on Wednesday said it expects the U.S. economy to drop into recession this year, prompting the Federal Reserve to slash benchmark lending rates to 2.5 percent by the third quarter.

In a note to clients, Goldman said real gross domestic product would contract by 1 percent on an annualized basis in both the second and third quarters. For all of 2008, the investment bank said GDP would rise by 0.8 percent.
The unemployment rate will rise to 6.5 percent in 2009 from the current 5 percent, it said.
The weakening economy will force the Fed to lower policy rates by an additional 1.75 percentage points from the current 4.25 percent. Starting in September, the Fed cut rates at the last three meetings of the Federal Open Market Committee, reducing the target rate on loans between banks by 1 percentage point from 5.25 percent.
Goldman strongly advises fund managers to overweight health care, consumer staples, energy and utilities. They are significantly underweight consumer discretionary, financials, industrials, materials and information technology.
The three most significant changes to their sector recommendations are the reduction in the financial sector weighting by 300 basis points to 14 percent, the information technology weighting by 400 basis points to 15 percent, and the increase in their health care weighting by 300 basis points to 17 percent, the firm said.
Their reduced allocation to financials reflects weak fundamentals and their declining weight in the S&P 500. The reduction in information technology reflects that the group has been the second-worst performing sector in both the six months leading up to a recession and during the first phase of a recession, Goldman said.
The health care weighting change reflects strong performance of the group during the six months leading up to and during the first phase of a recession in addition to an attractive valuation, Goldman said.
On Monday, Merrill Lynch economist David Rosenberg said the jump in U.S. unemployment in December confirmed that the economy was entering a recession.
(Reporting by Daniel Burns and Nick Olivari

Really hurts

I left it running.

Not seeing charts in this computer but if it didn't reach 216.50 in the last hour it should be looking good by now.

Whatever. This strategy is cesarnc-free. I´m even seeking a way to have the EA poiting a gun on me if I try to mess with it...

Gotta go

I thought you left two hours ago???? Addicted to forex huh????

You better get away from the computer or the Mrs Cesarnc will get mad...

HOLLA

Awww... it was to plan a suprise 'welcome back' party for your return, where only the finest top shelf stuff will flow

Hi bohogirl.... Whazzup???

[Briefing.com] St. Louis Fed President Pool said low inflation expectations give Fed "breathing room", indicating the Fed may cut interest rates further. He said it would be a mistake to say that a recession is clearly at hand

Its amazing how fast all the currency pairs are moving to the right, Its a practical free for all. GET IN NOW BEFORE IT STARTS TO MOVE LEFT!

Not GBP for sure

Got a long weekend - Islamic New Year - so I can actually trade tomorrow... or watch on the sidelines - haven't decided yet, really. Still riding the darn 2.1125 (since NOVEMBER 9th!!!) and 2.0100 (that Dec 31st run up) shorts, but moved up stop losses to 1.9625. I know they'll get taken out prematurely, on a spike or something, but it's ok - I think it's time to bank the profits and start fresh

Whatcha up to?

Oh yeah, and I just put on Princess Diaries.
I know, I know, but here, at the end of the world, you take what you can get

Yo...

You fellas didn`t give a rat's ass about the setup in the GJ short I posted yesterday...

I'm keeping a small lot already running from 215, but decided to either increase the size if UJ breaks out downwards or cut @ market if it breaks out upwards...

dd33, I closed the nicotina's already for +40. The other strategy closed +100. Thanks GU bears...

But I'm not comfortable with holding bigger trades in GJ while UJ is on hold like that. Let go pay interest while doing so LOL...

Dow already red. Bargains huunters turned into prays and bears searching for 12.5K big figure.

Back later...