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Cesarnc's market talk, gossips, rumours & fun

  • #2,241
  • Jan 9, 2008 7:38pm Jan 9, 2008 7:38pm
  • #2,242
  • Jan 9, 2008 8:17pm Jan 9, 2008 8:17pm
BROKER - The person you trust to help you make major financial decisions. Please note the first five letters of this word spell Broke.
If I Go Broke Trying Then I Will die happy.
  • #2,243
  • Edited 10:52pm Jan 9, 2008 8:52pm | Edited 10:52pm
(AP) - NEW YORK - New York Mayor Michael Bloomberg has quietly been polling and conducting a highly sophisticated voter analysis in all 50 states as he decides whether to launch an independent presidential bid, associates said Wednesday.

The exhaustive data collection started months ago...........
........... Bloomberg's spokesman Stu Loeser declined to comment.


I can just hear Jim Carrey say his spokeman's name is Stu Luuuuuuuzer. I guess thats what a couple of billion gets you these days.
  • #2,244
  • Jan 9, 2008 10:51pm Jan 9, 2008 10:51pm
NEW YORK (Reuters) - Former prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase as a senior adviser, according to a person familiar with the situation.
JPMorgan declined to comment. The Financial Times first reported the move on its Web site, saying it would be the first of a series positions Blair expects to take in the private sector.
  • #2,245
  • Jan 10, 2008 2:12am Jan 10, 2008 2:12am
Quoting SunTrader
NEW YORK (Reuters) - Former prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase as a senior adviser, according to a person familiar with the situation.
JPMorgan declined to comment. The Financial Times first reported the move on its Web site, saying it would be the first of a series positions Blair expects to take in the private sector.

LOL - I just hope that he's the Senior Adviser to the Hot Air Department - he's a real expert on that!.....just remember that Messers Blair and Brown are the financial experts who sold most of Britain's gold reserves at around $275 - just one of their great deals.
Trading Levels with WRBs
  • #2,246
  • Jan 10, 2008 2:16am Jan 10, 2008 2:16am
Quoting Moe
BROKER - The person you trust to help you make major financial decisions. Please note the first five letters of this word spell Broke.
Broker=The person you trust to help you make major financial decisions in order to be broke.
  • #2,247
  • Jan 10, 2008 2:42am Jan 10, 2008 2:42am
the way this market moving, it just might be a shocker what b.o.e. does.
If I Go Broke Trying Then I Will die happy.
  • #2,248
  • Jan 10, 2008 2:54am Jan 10, 2008 2:54am
Quoting SunTrader
NEW YORK (Reuters) - Former prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase as a senior adviser, according to a person familiar with the situation.
JPMorgan declined to comment. The Financial Times first reported the move on its Web site, saying it would be the first of a series positions Blair expects to take in the private sector.
half-million quid salary, apparently. Well, that's conversion to catholicism for ya.
TRADE FOR SWAP
  • #2,249
  • Jan 10, 2008 3:55am Jan 10, 2008 3:55am
Quoting Turtle
I hear ya, Cesarnc........seems like bulls are hoping for a no-cut, which would make a nice buy for longs, but with alot of data next week, it makes Mr. King nervous, but what the heck, it's not like the BOE hasn't surprised us before...

(just making small talk to past the time away, back to Greenspan's book)

HOLLA
Bought the book yesterday. I was dying to read it but was waiting fot the price to cool off a notch ($40 at release, pretty expensive for Brazilian standards).

But yesterday at the book store, that cute old man was staring at me, I was staring at him (I think he blinked an eye to me)

$40 later, we were leaving the store together

Anyway, wish you good decisions today at the news. I won't be watching at the time, but hopefully it comes a no change, as one of my strategies got me in long GJ yet this morning...

I`ve also cut the short 215. Decided to wait for UJ to breakout, and if it breaks downwards, then I'll jump in the bandwagon
  • #2,250
  • Jan 10, 2008 4:01am Jan 10, 2008 4:01am
Quoting cesarnc
Bought the book yesterday. I was dying to read it but was waiting fot the price to cool off a notch ($40 at release, pretty expensive for Brazilian standards).

But yesterday at the book store, that cute old man was staring at me, I was staring at him (I think he blinked an eye to me)

$40 later, we were leaving the store together

Anyway, wish you good decisions today at the news. I won't be watching at the time, but hopefully it comes a no change, as one of my strategies got me in long GJ yet this morning...

I`ve also cut the short 215. Decided to wait for UJ to breakout, and if it breaks downwards, then I'll jump in the bandwagon
Yeah, I hear ya. They cut, I ride it down, they don't, I cut mine for a nice hefty profit and start the journey back up. Right now, it's a guessing game. Two more hours to go and we'll find out.
Humble Lifetime Member
  • #2,251
  • Jan 10, 2008 4:12am Jan 10, 2008 4:12am
BoE cut will ignite some cross selling, but I'm going to wait till next week to establish any longterm positions. Let the market figure out what the hell they want to do first.

Meanwhile I'm in the AusKiwi zone and I like it.
Patience + Humility + Study = Success
  • #2,252
  • Jan 10, 2008 5:13am Jan 10, 2008 5:13am
Quoting DutchTrader
BoE cut will ignite some cross selling, but I'm going to wait till next week to establish any longterm positions. Let the market figure out what the hell they want to do first.

Meanwhile I'm in the AusKiwi zone and I like it.
I hear ya. I had some orders that were on auto and were placed on 01/04 in EUR/NZD,AUD and GBP/AUD using FIB's on the daily TF. Currently up 253, 187 and 330 Pips respectively.

Looks like the daily TF has changed on EUR/USD. I put in a sell order @ 1.4715. Let's see what happens.
Humble Lifetime Member
  • #2,253
  • Jan 10, 2008 5:24am Jan 10, 2008 5:24am
God I'm freezing right now. They are replacing the broiler with a new one and they are taking forever to get it done. (going on two days now) I'm about to set some sh*t on fire up in here.
Just Trade It
  • #2,254
  • Jan 10, 2008 5:26am Jan 10, 2008 5:26am
Is it 4 o'clock yet? (my time zone

36 minutes... my gut feeling is they'll hold, but my gut is usually only good for ulcers, so they'll probably cut - I'm staying out for now.

Btw...
I think someone needs to mount a rescue operation - I might have been here too long already! Watched 'Princess Diaries' one AND two last night and actually liked them
Help me!!!!!!
Cable is my sugardaddy
  • #2,255
  • Jan 10, 2008 5:29am Jan 10, 2008 5:29am
Ash,

Goods stuff.

BTW I keep hearing about these mini lots, what are those? Do they differ by broker? I use standard lots, have since I started but I might start using minis to test some things. Thoughts? I've been using a demo to do so but it's not the same.
Patience + Humility + Study = Success
  • #2,256
  • Jan 10, 2008 5:38am Jan 10, 2008 5:38am
Quoting Big Wave Rider
God I'm freezing right now. They are replacing the broiler with a new one and they are taking forever to get it done. (going on two days now) I'm about to set some sh*t on fire up in here.
lol
If I Go Broke Trying Then I Will die happy.
  • #2,257
  • Jan 10, 2008 5:38am Jan 10, 2008 5:38am
Quoting DutchTrader
Ash,

Goods stuff.

BTW I keep hearing about these mini lots, what are those? Do they differ by broker? I use standard lots, have since I started but I might start using minis to test some things. Thoughts? I've been using a demo to do so but it's not the same.
Mini lots are just that - minis

Standard lot, each pip is $10.
Mini is $1 a pip.
Then you have micros/fractions of mini lots, all the way down to $0.01 a pip.
Most if not all brokers should allow you to use minis, as they are basically fractions of standard lots. If you are using a demo, you should have the option to purchase 0.1 of a lot, which would be a mini lot.
Or, you could ask for a demo with a mini-account (when signing up for a demo), in which case, your lots will automatically be minis

My regular trading account is mini, which allows me the option to go all the way down to super-micro lots, at .01 a pip. I use those pathetic lots when playing around or testing out different strategies. It's a mental thing for me - I can't 'practice' on a demo - I have to lose (or gain) real money for the learning to take place

(btw, with that teeny-micro lot, a loss of 1500 pips is only $15 - screwing up badly hardly breaks the bank )
Cable is my sugardaddy
  • #2,258
  • Jan 10, 2008 5:39am Jan 10, 2008 5:39am
Strange.. somehow i smell no cut cooking..
But I might be totally wrong.. think i'll be better standing on the sideline.
  • #2,259
  • Jan 10, 2008 5:39am Jan 10, 2008 5:39am
Boho,

You're the best. Thanks a lot.
Patience + Humility + Study = Success
  • #2,260
  • Jan 10, 2008 5:41am Jan 10, 2008 5:41am
Quoting DutchTrader
Ash,

Goods stuff.

BTW I keep hearing about these mini lots, what are those? Do they differ by broker? I use standard lots, have since I started but I might start using minis to test some things. Thoughts? I've been using a demo to do so but it's not the same.
With all of the brokers that I have used - 5 or so - a Mini Lot is 1/10th of a Standard, so $1 / pip. Some also do Micro Minis which I believe are 1/10th of a mini!

I agree they're great for testing - making an actual profit or loss beats demo for me everytime.
Trading Levels with WRBs
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