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Cesarnc's market talk, gossips, rumours & fun

  • #4,221
  • Jan 31, 2008 12:34am Jan 31, 2008 12:34am
Quoting cesarnc
Big time...

I have no call for all markets after yesterday's BS. They are all reacting to the last 5 minutes' news, so what's the point?
I hear ya, I thought we would have another sell-off especially after the PJ lost all of it's sense with that big drop before the NY close...

HOLLA
  • #4,222
  • Jan 31, 2008 12:38am Jan 31, 2008 12:38am
What kind of corrective bullshit of a market is this
no such thing as leaving a position open longer than a day.
I had a long talk with myself the other day and I said "BWR you have two choices here, you can either wait it out and not trade, or , you can be one of those low life scalpers" So being a man of discipline and integrity, I answered back to myself "where the phuck are those 5min charts"
Just Trade It
  • #4,223
  • Jan 31, 2008 12:40am Jan 31, 2008 12:40am
Putting on my NINJA suits.. need to steal from the mob again today.

http://www.fromsoftware.jp/main/soft...a_rikimaru.jpg
  • #4,224
  • Jan 31, 2008 12:40am Jan 31, 2008 12:40am
Quoting Big Wave Rider
What kind of corrective bullshit of a market is this
no such thing as leaving a position open longer than a day.
I had a long talk with myself the other day and I said "BWR you have two choices here, you can either wait it out and not trade, or , you can be one of those low life scalpers" So being a man of discipline and integrity, I answered back to myself "where the phuck are those 5min charts"


The good news for you is there is a thread where you can get updated market direction every 5 mintues, too
  • #4,225
  • Jan 31, 2008 12:40am Jan 31, 2008 12:40am
Quoting Big Wave Rider
What kind of corrective bullshit of a market is this
no such thing as leaving a position open longer than a day.
I had a long talk with myself the other day and I said "BWR you have two choices here, you can either wait it out and not trade, or , you can be one of those low life scalpers" So being a man of discipline and integrity, I answered back to myself "where the phuck are those 5min charts"





HOLLA
  • #4,226
  • Jan 31, 2008 1:04am Jan 31, 2008 1:04am
DJ STOXX dropping like a rock.
Just Trade It
  • #4,227
  • Jan 31, 2008 1:06am Jan 31, 2008 1:06am
So is Dow futures. Monster pin-bar formed yesterday, too

And more:

MBIA, a bond insurer struggling to maintain the top credit ratings necessary for its business, posted a quarterly loss on Thursday after a $3.5 billion writedown.
  • #4,228
  • Jan 31, 2008 1:16am Jan 31, 2008 1:16am
Bearish flag in GJ H1, target 209. Aligned with Euro stocks + US futures + Dow's pin-bar.

Just don't know if it will have steam to go so much lower today, ahead of NFP. But can, at least yield a few pips
  • #4,229
  • Jan 31, 2008 2:12am Jan 31, 2008 2:12am
Euro news out soon.
Just Trade It
  • #4,230
  • Jan 31, 2008 2:15am Jan 31, 2008 2:15am
Euro unemployment 7.2%
forcasted at 7.1%
off by .1%

WOOOOOOBABYWOOOOOOO

nothings happening
Just Trade It
  • #4,231
  • Jan 31, 2008 2:19am Jan 31, 2008 2:19am
Quoting Big Wave Rider
Euro unemployment 7.2%
forcasted at 7.1%
off by .1%

WOOOOOOBABYWOOOOOOO

nothings happening
  • #4,232
  • Jan 31, 2008 2:44am Jan 31, 2008 2:44am
Quoting Big Wave Rider
Euro unemployment 7.2%
forcasted at 7.1%
off by .1%

WOOOOOOBABYWOOOOOOO

nothings happening
shitty market... I'm out for the day... Can't stand watching so much BS for so long from everywhere. THC, Johnnie have no effect anymore...

Gonna go out today to enjoy the city a notch...
  • #4,233
  • Jan 31, 2008 2:57am Jan 31, 2008 2:57am
I hear ya, cesarnc...

Unless the bond insurers come out with bad news I don't see too much action until after NFP tomorrow.

I'm on the sidelines protecting my pips.....

Catch you guys tomorrow....

HOLLA
  • #4,234
  • Jan 31, 2008 2:58am Jan 31, 2008 2:58am
Quoting cesarnc
shitty market... I'm out for the day... Can't stand watching so much BS for so long from everywhere. THC, Johnnie have no effect anymore...

Gonna go out today to enjoy the city a notch...

Get drunk and high and check out some Brasilian booty, I'm jelouse.
Just Trade It
  • #4,235
  • Jan 31, 2008 3:01am Jan 31, 2008 3:01am
Mortgage fraud on the radar of the FBI

For more:
here is the New York Times article
Regulators seek mortgage info from Goldman Sachs, Morgan Stanley. Article
  • #4,236
  • Jan 31, 2008 3:02am Jan 31, 2008 3:02am
If any of you guys like Elliot Waves you should definitely look at CAD/CHF ... I'm no expert in EW but for the little theory I have we just started wave 5 yesterday after FED cut (which I shorted at 1.10 ).

It is impressive how it is respecting the pattern... first wave we had a retracement to 50 fib. After 3rd wave we have a retracement to 32 fib and now I can only wait and hope it breaks the previous low of 1.06.

I get astonished how a cross like this can be so technical... and to help you out the guys insist on showing you Pin Bars on the 4 hour chart so that you really know that the wave is ending.

Amazing I say...
  • #4,237
  • Jan 31, 2008 3:30am Jan 31, 2008 3:30am
Quoting Plutonite
Can't believe you can sleep. The pound will be in in currency-heaven by tommorow. Look at the f$@^$^&$ charts! I finally have something to smile about this damn week. Good luck.
what you mean by curency-heaven ?
I Deeply Love My Virtual Life In Virtual World , RLC
  • #4,238
  • Jan 31, 2008 5:36am Jan 31, 2008 5:36am
News out

- PCE, Personal Spending - bye bye recession
- Unemployment claims - hello hello recession

I need a drink

http://i11.photobucket.com/albums/a2...22/absolut.jpg
  • #4,239
  • Jan 31, 2008 5:41am Jan 31, 2008 5:41am
Quoting cesarnc
News out

- PCE, Personal Spending - bye bye recession
- Unemployment claims - hello hello recession

I need a drink

http://i11.photobucket.com/albums/a2...22/absolut.jpg
Made my 215 pips on a GJ short this morning.

Was about to long UJ @ 106.13 but I said wait, let me wait till it 8x13 crosses according to BWR's method. Good thing I did, otherwise, I would have been crying right now.

Hey, wait a minute...Bye Bye Recession????

Hello Hello Recession????

I got my rear end chewed out by a highly intelligent trader last night for saying that we are in a recession....what gives? :
Humble Lifetime Member
  • #4,240
  • Jan 31, 2008 5:52am Jan 31, 2008 5:52am
http://www.bloomberg.com/avp/avp.htm...NTM73VTBuo.asf
Humble Lifetime Member
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