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Cesarnc's market talk, gossips, rumours & fun

  • #4,521
  • Feb 7, 2008 8:10am Feb 7, 2008 8:10am
Another GI-GAN-TIC whipsaw in UJ H4.

UN

BE

FREAKING

LIE

VA

BLE
  • #4,522
  • Feb 7, 2008 8:11am Feb 7, 2008 8:11am
Not sure whose buying USD?? http://smileys.smileycentral.com/cat/15/15_9_13.gif





http://www.smileycentral.com/sig.jsp...p=ZNxdm119YYCY
  • #4,523
  • Feb 7, 2008 8:21am Feb 7, 2008 8:21am
Quoting Navigator
Not sure whose buying USD?? http://smileys.smileycentral.com/cat/15/15_9_13.gif





http://www.smileycentral.com/sig.jsp...p=ZNxdm119YYCY
Equity futures jumped up. Don't know why.
Humble Lifetime Member
  • #4,524
  • Feb 7, 2008 8:22am Feb 7, 2008 8:22am
These are days to see pretty much everything.. I'm out.
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  • #4,525
  • Feb 7, 2008 8:24am Feb 7, 2008 8:24am
All the major retailers reporting dissapointing earnings. Imvho, we should see the DOW under 12k today. Whether it closes there or not is another story.
Humble Lifetime Member
  • #4,526
  • Feb 7, 2008 8:32am Feb 7, 2008 8:32am
Quoting Ash
All the major retailers reporting dissapointing earnings. Imvho, we should see the DOW under 12k today. Whether it closes there or not is another story.
If a damn duck can stay at a 747's wing at 900 km/h with eyes open, let go Dow jones going crazy

I'm sick of this BS...
  • #4,527
  • Feb 7, 2008 9:09am Feb 7, 2008 9:09am
Quoting cesarnc
If a damn duck can stay at a 747's wing at 900 km/h with eyes open, let go Dow jones going crazy

I'm sick of this BS...
Same here.
Humble Lifetime Member
  • #4,528
  • Feb 7, 2008 10:06am Feb 7, 2008 10:06am
I'm still making pips off of this B.S Not very many but it's in the green and thats all that matters. 2 positions on E.J over 200 pips each and still holding.
Been scalping other pairs with success as well. Not a bad week overall.
Just Trade It
  • #4,529
  • Feb 7, 2008 10:17am Feb 7, 2008 10:17am
Just killing AJ and GJ this week, but it ain't really my favorite style of trading.
Patience + Humility + Study = Success
  • #4,530
  • Feb 7, 2008 10:27am Feb 7, 2008 10:27am
Quoting DutchTrader
Just killing AJ and GJ this week, but it ain't really my favorite style of trading.
I'm making a buck to. But my strategies are way better in trending periods... I had to change them a notch in order to protect the tiny profits, while in trending periods I make 200 pips easily.
  • #4,531
  • Feb 7, 2008 10:28am Feb 7, 2008 10:28am
Quoting DutchTrader
Just killing AJ and GJ this week, but it ain't really my favorite style of trading.
As long as it works,
Just Trade It
  • #4,532
  • Feb 7, 2008 10:37am Feb 7, 2008 10:37am
Quoting Big Wave Rider
As long as it works,
Yep, long as I make my quota. The only thing is you end up with a tight sphincter in this goddamn market.
Patience + Humility + Study = Success
  • #4,533
  • Feb 7, 2008 11:57am Feb 7, 2008 11:57am
Quoting DutchTrader
Yep, long as I make my quota. The only thing is you end up with a tight sphincter in this goddamn market.
So very true... I mean, take a look at this market. UJ turned around for some 140 pips, GJ for some 250...

Insane...
  • #4,534
  • Edited 12:01pm Feb 7, 2008 11:59am | Edited 12:01pm
Quoting cesarnc
So very true... I mean, take a look at this market. UJ turned around for some 140 pips, GJ for some 250...

Insane...
Absolutely, no can't figure out why.

sorry, here it is:

Despite the tough environment and the sluggish sales, retail stocks rallied Thursday. Shares of both JCPenney [GPS 19.57 http://media.cnbc.com/i/CNBC/CNBC_Im...tchlist_up.gif 1.24 (+6.76%) http://media.cnbc.com/i/CNBC/CNBC_Im...ltime_icon.gif] surged and were among the retail stocks posting the largest percentage gains. These two companies were among those retailers who showed that they were able to manage through the tough times in January and woo consumers with deep discounts. Although sales fell at both stores, the declines weren't as large as analysts were expecting. In addition, JCPenney expects fourth-quarter earnings to be at the high-end of its forecast, while Gap raised its guidance.
"Today's rally in the group may be a byproduct of short-sellers covering as a result that the news is finally out that sales are bad," Steve Neimeth, a portfolio manager at AIG SunAmerica.
Humble Lifetime Member
  • #4,535
  • Feb 7, 2008 12:02pm Feb 7, 2008 12:02pm
Quoting Ash
Absolutely, no can't figure out why.
Dow went -50, then +50, then -50. Now (guess what?) +50.

Sphincters at full power in Wall Street

  • #4,536
  • Feb 7, 2008 12:03pm Feb 7, 2008 12:03pm
Quoting cesarnc
Dow went -50, then +50, then -50. Now (guess what?) +50.

Sphincters at full power in Wall Street

SOB's.
Humble Lifetime Member
  • #4,537
  • Feb 7, 2008 12:05pm Feb 7, 2008 12:05pm
Just one more reason why I don't f*^#ing care what the news media has to say:

[FT] US stocks were set to fall sharply on Thursday after Cisco's downbeat outlook added to concerns about the outlook for corporate tech spending and Wal-Mart's January sales proved a big disappointment. Jobless claims meanwhile declined less than expected.

+ + +

They are clueless and not just lately too.

NY markets then proceeded to rally.
  • #4,538
  • Feb 7, 2008 12:07pm Feb 7, 2008 12:07pm
Quoting SunTrader
Just one more reason why I don't f*^#ing care what the news media has to say:

[FT] US stocks were set to fall sharply on Thursday after Cisco's downbeat outlook added to concerns about the outlook for corporate tech spending and Wal-Mart's January sales proved a big disappointment. Jobless claims meanwhile declined less than expected.

+ + +

They are clueless and not just lately too.

NY markets then proceeded to rally.
I love it!
Trade what you see, not what you think.
  • #4,539
  • Feb 7, 2008 12:07pm Feb 7, 2008 12:07pm
Quoting SunTrader
Just one more reason why I don't f*^#ing care what the news media has to say:

[FT] US stocks were set to fall sharply on Thursday after Cisco's downbeat outlook added to concerns about the outlook for corporate tech spending and Wal-Mart's January sales proved a big disappointment. Jobless claims meanwhile declined less than expected.

+ + +

They are clueless and not just lately too.

NY markets then proceeded to rally.
Oh, well, sell on the rallies.
Humble Lifetime Member
  • #4,540
  • Feb 7, 2008 12:11pm Feb 7, 2008 12:11pm
Prepare umbrellas

Feb. 7 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said rating downgrades for bond insurers pose risks that could match the U.S. subprime market collapse.


``It could be a tsunami-like event comparable to subprime,'' Ackermann said in a Bloomberg Television interview in Frankfurt today. Deutsche Bank, Germany's biggest bank, is ``well positioned'' on its risk from bond insurers, he said.
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