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Cesarnc's market talk, gossips, rumours & fun

  • #2,361
  • Jan 10, 2008 12:24pm Jan 10, 2008 12:24pm
Quoting cesarnc
Commentaries have it was because of the Countrywide deal, which makes sense.

Hey Moe!

Stop picking on the guys in the other thread!!!

You're going to blow our laughingstock and I WON'T forgive you for that in this lifetime
i hear you c, but that thread has become the biggest joke of all time.
If I Go Broke Trying Then I Will die happy.
  • #2,362
  • Jan 10, 2008 12:27pm Jan 10, 2008 12:27pm
im a trader and i do this for a living and there is no excuse for that type of behavior, everybody got there own views of the market let's respect that and move on, simple as that.
If I Go Broke Trying Then I Will die happy.
  • #2,363
  • Jan 10, 2008 12:28pm Jan 10, 2008 12:28pm
Has anyone heard anything new of the lawsuit brought upon by from NPC Bank, Bear Stearns and Countrywide employees that came across last night?
Humble Lifetime Member
  • #2,364
  • Jan 10, 2008 12:33pm Jan 10, 2008 12:33pm
Quoting Moe
i hear you c, but that thread has become the biggest joke of all time.
You tell me...

Actually it's pretty hard to make calls when the market is ranging. I made a bold one on GJ until figure out that UJ (the heart of the carry trades) is not breaking from this area.

But there are breakouts in the cooking across the board. Best take is "buy if this or sell if that other". Or as you say, to have a nice system to put you in when the time comes.

But every 30 min they call for a long term trade there. From "1.90 yyeeaaa" to "2.09 here we go".

I bet 20 bucks as we're reading from QS soon. "SL at breackeven hit" first tick at 9650 LOL
  • #2,365
  • Jan 10, 2008 12:34pm Jan 10, 2008 12:34pm
Ok Found it...

Law Offices of Howard G. Smith Announces Investigation on Behalf of Current
and Former Employees of MBIA Inc. Who Invested in the MBIA Inc. 401(k) Plan

BENSALEM, Pa., Jan. 9 /PRNewswire/ -- Law Offices of Howard G. Smith
announces that it is investigating claims against MBIA Inc. ("MBIA" or the
"Company")(NYSE: MBI) concerning whether the MBIA Inc. 401(k) Plan (the
"Plan") imprudently invested in MBIA stock and whether the Plan's
administrators breached their fiduciary duties to the Plan's participants in
violation of the Employee Retirement Income Security Act of 1974.
The investigation concerns whether MBIA and other administrators of the
Plan failed to prudently and loyally manage the Plan's investments in MBIA
stock by continuing to offer Company stock when the stock was no longer a
prudent investment for participants' retirement savings.

Thursday, Nov. 8 2007 Law Offices of Howard G. Smith Announce Investigation on Behalf of Current and Former Employees of Washington Mutual, Inc. Who Invested in the WaMu Savings Plan

Law Offices of Howard G. Smith Announces Investigation on Behalf of Current and Former Employees of National City Corp. Who Invested in the National City Savings and Investment Plan

Law Offices of Howard G. Smith Announces Investigation on Behalf of Current and Former Employees of The Bear Stearns Companies Inc. Who Invested in the Company's 401(k) Savings Plan
Humble Lifetime Member
  • #2,366
  • Jan 10, 2008 12:38pm Jan 10, 2008 12:38pm
Quoting cesarnc
You tell me...

Actually it's pretty hard to make calls when the market is ranging. I made a bold one on GJ until figure out that UJ (the heart of the carry trades) is not breaking from this area.

But there are breakouts in the cooking across the board. Best take is "buy if this or sell if that other". Or as you say, to have a nice system to put you in when the time comes.

But every 30 min they call for a long term trade there. From "1.90 yyeeaaa" to "2.09 here we go".

I bet 20 bucks as we're reading from QS soon. "SL at breackeven hit" first tick at 9650 LOL
lol so true about QS he's at breakeven right now, yeah right. any way, i been studing this market with my current system even tho i would of been short at 750 on gbp/usd, this is still not a good week to be trading for my system that is why im laying in the sun in the bahamas
If I Go Broke Trying Then I Will die happy.
  • #2,367
  • Jan 10, 2008 12:50pm Jan 10, 2008 12:50pm
I smell bulls in the euro chart <sniff> < sniff>

http://www.wildlifeofpakistan.com/hyena.jpg
  • #2,368
  • Jan 10, 2008 12:53pm Jan 10, 2008 12:53pm
I myself don't give a f... what they are doing over on that other thread. Just that they stay over there and anyone who cares to join them, go to it.
  • #2,369
  • Jan 10, 2008 1:03pm Jan 10, 2008 1:03pm
Man, I'm glad I hedged that Gbp Long I had at 2.08!! I'm breakeven now.

























Patience + Humility + Study = Success
  • #2,370
  • Jan 10, 2008 1:09pm Jan 10, 2008 1:09pm
Bank of America, the second-largest U.S. bank, may announce a deal shortly to buy Countrywide Financial, the largest U.S. mortgage lender, CNBC has learned.

From the morgage to the morgue and back
  • #2,371
  • Jan 10, 2008 1:14pm Jan 10, 2008 1:14pm
Lmao @ Dutch!

Ok, so a little bit of cable movement... maybe I should exercise more often
Cable is my sugardaddy
  • #2,372
  • Jan 10, 2008 1:35pm Jan 10, 2008 1:35pm
CNN says:
American Express to take a $440 million charge in 4th quarter due to a slowdown in cardmember spending. More soon.

Here we go again...
  • #2,373
  • Jan 10, 2008 1:41pm Jan 10, 2008 1:41pm
The Stock Report

Helium was up. Feathers were down. Paper was stationary. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued a slow decline. Light switches were off. Mining equipment hit rock bottom. Diapers remained unchanged. Shipping lines stayed at an even keel. Balloon prices were inflated. And batteries exploded in an attempt to recharge the market.

  • #2,374
  • Jan 10, 2008 1:43pm Jan 10, 2008 1:43pm
[Briefing.com] Fed funds futures indicate an 88% chance of a 50 basis point rate cut, up from the pre-Bernanke speech level of 74%. The increased bets of a rate cut, along with the Bank of England and the European Central Bank standing pat on their rates, caused the dollar to slide 0.67%.
  • #2,375
  • Jan 10, 2008 1:47pm Jan 10, 2008 1:47pm
justy by glancing at the market, i see 1.9350 on gbp/usd.
If I Go Broke Trying Then I Will die happy.
  • #2,376
  • Jan 10, 2008 1:59pm Jan 10, 2008 1:59pm
Quoting cesarnc
The Stock Report

Helium was up. Feathers were down. Paper was stationary. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued a slow decline. Light switches were off. Mining equipment hit rock bottom. Diapers remained unchanged. Shipping lines stayed at an even keel. Balloon prices were inflated. And batteries exploded in an attempt to recharge the market.

Humble Lifetime Member
  • #2,377
  • Jan 10, 2008 2:12pm Jan 10, 2008 2:12pm
Quoting Moe
justy by glancing at the market, i see 1.9350 on gbp/usd.
Not far fetched
  • #2,378
  • Jan 10, 2008 3:48pm Jan 10, 2008 3:48pm
Quoting cesarnc
The Stock Report

Helium was up. Feathers were down. Paper was stationary. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued a slow decline. Light switches were off. Mining equipment hit rock bottom. Diapers remained unchanged. Shipping lines stayed at an even keel. Balloon prices were inflated. And batteries exploded in an attempt to recharge the market.


Love it, That was brilliant, best report I've ever seen.
Just Trade It
  • #2,379
  • Jan 10, 2008 4:14pm Jan 10, 2008 4:14pm
Somebody mentioned (I don't know if it was here or not) that credit cards were next in line for a meltdown after the subprime mess.

And today comes this bad news about AMEX.

Makes sense?

Back tomorrow
  • #2,380
  • Jan 10, 2008 4:23pm Jan 10, 2008 4:23pm
Quoting cesarnc
Somebody mentioned (I don't know if it was here or not) that credit cards were next in line for a meltdown after the subprime mess.

And today comes this bad news about AMEX.

Makes sense?

Back tomorrow

FEAR

http://www.circum.ch/cncpt/04/12/death09.jpg


Gotta Love it.
Just Trade It
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