Cesarnc's market talk, gossips, rumours & fun

well they never say that yapan investors might change yens in euros...i wonder why...:

I got better things to do with my time than worry if FF is going to ban me.

They gave me a posting infraction back last fall when I responded to another poster about how many others I put on ignore. I had the ignore feature on overload with the CU thread. :

I said fine if that is how it is going to be. It's their rules.

BTW it wasn't Merlin that slapped me. I think he is as even handed as they come but I do understand the situation they are put in policing a forum of this size with all different cultures/income and education levels clashing.

A rally in stocks is likely to follow the recent battering shares took globally because of fears of a U.S. recession, but such a rally would be short-lived, Jim Rogers, CEO of Roger Holdings, told "Squawk Box Europe."

Hopes that the Federal Reserve will cut rates by a further 50 basis points this week after last week's surprise 75 basis points cut lifted Asian and European stocks Tuesday, but Rogers said there should be no further monetary policy easing.

Federal Reserve Chairman Ben Bernanke is making a "terrible, terrible, terrible mistake" by cutting rates and pumping liquidity into the market, Rogers said.
The credit crunch is not likely to ease too soon, and it will come to its worst in the second half of next year, Rogers predicted, because it will spread to other asset classes.

"We’ve had the worst credit problem ever in American history, maybe even in world history," he said. "You don’t clean that out in six months…it's going to affect credit cards, everything."

Better in Europe
Europe was likely to be more sheltered as there are not a lot of municipal bonds to be impacted by the credit crunch, although it will feel the effects of a U.S. recession, Rogers said.

Agriculture is the place to be, as food consumption is rising, many hectares of land are taken up by biofuels and food inventories are at their lowest since 1972, he said.

Some financial stocks are definitely to be avoided, but there are areas outside agriculture and commodities where investors could make gains, he recommended.

"I’m going to sell the investment banks," Rogers said. "Airlines will be the great stars coming out. Might buy more airlines in the recession. Small utilities in the US will be bought up. Those are things which I plan to own and continue to own."

2008 CNBC.com

And if you still don't have enough to worry over - go to the big brother topic. Pinheads over there are talking about the government implanting tracking chips in us.

Cramer says Cut! Cut! Cut!

Jimmy Rogers says No! No! No!

Not in us, but our products. Besides they don't need to put chips in us, they already have biometric surveillance cameras in most major cities and airports, and if you have a new I.D, Drivers license or passport then they have your face in the Bio files.

Oooooooh scary scary.

Arab in US embassy for visa
Consul : What is your name?
Arab: Abdul Aziz
Consul: Sex?
Arab : Six to ten times a week
Consul: I mean, male or female?
Arab : Male, female and sometimes camel.
Consul: Holy cow!
Arab : Yes, cows and dogs too!!!!
Consul: Man,........ isn't it hostile
Arab : Horse style, dog style, any style
Consul: Oh.......... dear!
Arab : Deer? No deer, they run too fast.......

I think George Soros, the real one, not the FF version, said that he believes the Euro will go to 2.00 vs the USD.

THIS IS THE ONLY THING THAT MAKE ME LAUGH THIS WEEK.......!

Lol,

Thx man, kinda dizzy seeing my euro chart.Phew..choppy.

Although I never look for them or trade off of them, there is a H&S on GU 5 min chart staring me in the face.

This is will like asteroid going to earth

What's up gang....

Pairs are still looking choppy....

GJ and GU had a nice run this morning, but looks as if it came right back.

On the sidelines for now, made my weekly quota yesterday and will probably sit out until after the Fed tells me what's up.....but there is alwasy room for some scalping....

Hey Moe, don't leave us..........

HOLLA

Hey guys, I don't know if you've ever seen this before....

http://13gb.com/videos/1364/popular/

Ethnic comedy hour I guess:

For five years, two Poles and an Italian have worked side by side every day as window washers, and every night after work they stopped for a drink. One day, disaster struck, and the Italian fell to his death. The police came to the site and began asking questions.

"Where does he live?" The Poles shrugged their shoulders. "Is he married?" The Poles didn't know. "What is his name?" The Poles shrugged again. "You worked with this guy for five years and you don't know anything about him?" the cop asked. "I know something about him," one Pole volunteered. "He has two assholes." "What are you talking about?" said the cop. "Well," said the Pole, "Whenever we go for a drink after work the bartender says, 'Here comes the Italian with the two assholes.'"

http://charges.uol.com.br/bobagens/euro.jpg