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Cesarnc's market talk, gossips, rumours & fun

  • #4,741
  • Feb 11, 2008 3:43pm Feb 11, 2008 3:43pm
Quoting Ash
Today was an interesting day. Played Ping-Pong with UJ.

Today blew big sweaty balls. I was ready for a roller coaster ride and ended up in the bumper cars, only the steering wheel didn't work.

http://upload.wikimedia.org/wikipedi...-BumperCar.jpg
Just Trade It
  • #4,742
  • Feb 11, 2008 3:46pm Feb 11, 2008 3:46pm
Tuesdays predictions

http://www.lodinews.com/gf2004/images/36_butler.jpg


I would not be standing under this ride. "Hey look here comes someones lunch"
Just Trade It
  • #4,743
  • Feb 11, 2008 3:50pm Feb 11, 2008 3:50pm
Quoting Big Wave Rider
Today blew big sweaty balls. I was ready for a roller coaster ride and ended up in the bumper cars, only the steering wheel didn't work.

http://upload.wikimedia.org/wikipedi...-BumperCar.jpg

Who's the gangster in the yellow car tryin to take you out?
Carpe Divitiae
  • #4,744
  • Feb 11, 2008 3:52pm Feb 11, 2008 3:52pm
Quoting fsiltd

Who's the gangster in the yellow car tryin to take you out?
E.U , G.U , A.U ? I don't remember anymore. All three of them.
Just Trade It
  • #4,745
  • Feb 11, 2008 3:53pm Feb 11, 2008 3:53pm
Quoting Big Wave Rider
E.U
Carpe Divitiae
  • #4,746
  • Feb 11, 2008 3:54pm Feb 11, 2008 3:54pm
I thought he looked familiar...
Carpe Divitiae
  • #4,747
  • Feb 11, 2008 4:25pm Feb 11, 2008 4:25pm
Or are articles like this getting really tired...
"
More Cuts Ahead
There is a Fed funds futures contract that predicts the next moves of the Federal Reserve. Trading patterns in the Fed funds futures are like a real-time handicapping mechanism -- a bookie point spread system, if you will -- giving odds on the next interest rate move.
Recently, the odds of another half-point cut (50 basis points) for the Fed’s March meeting were priced at 100%. Possibilities of a 75-basis-point cut (three-quarters of a point) were priced above 30%.
The Fed funds futures don’t guarantee what the Fed will do, and the numbers can jump around as events change. But the probabilities represent Wall Street’s best collective guess as to what will happen, and right now the prediction is we’ve got another truckload of rate-cutting stimulus on the way.
That means we’ve got more inflation worries on the horizon, too. The powers that be have essentially decided to “forget” inflation for now. Bernanke and the Fed know full well that pumping stimulus into the system is stoking inflation concerns that are already high. The attitude is “oh well,” the economy is in trouble and they’ve got bigger fish to fry (or rather, bigger fish to rescue)."

Sorry if your thread's not the place for this cesarnc
Carpe Divitiae
  • #4,748
  • Feb 11, 2008 4:32pm Feb 11, 2008 4:32pm
Quoting fsiltd
Sorry if your thread's not the place for this cesarnc
Of course it is. Problem is that even those rate changes are now tough to trade.

It was "cut - sell / hike buy" before... Pretty easy.

Recently it has turned into "cut - loss / hike - loss"
  • #4,749
  • Feb 11, 2008 4:34pm Feb 11, 2008 4:34pm
Quoting cesarnc
Of course it is. Problem is that even those rate changes are now tough to trade.

It was "cut - sell / hike buy" before... Pretty easy.

Recently it has turned into "cut - loss / hike - loss"
Tell me about it.
Then they still throw in the odd "surprise" hike/cut.

This bit still makes me smile though:
Quote
But the probabilities represent Wall Street’s best collective guess as to what will happen
They're as clueless, if not more, than we are!
Carpe Divitiae
  • #4,750
  • Feb 11, 2008 4:35pm Feb 11, 2008 4:35pm
Quoting fsiltd
They're as clueless, if not more, than we are!
All sessions confirm that
  • #4,751
  • Feb 11, 2008 4:39pm Feb 11, 2008 4:39pm
Quoting cesarnc
All sessions confirm that
Thank F#*@k for commodities and comm related stock atm is all I can say!
I only need to use about a quarter of my brain power to trade it these days.
Not far off my $1000-buck gold mark now... couple more days me thinks
Carpe Divitiae
  • #4,752
  • Edited Feb 12, 2008 4:51pm Feb 11, 2008 5:25pm | Edited Feb 12, 2008 4:51pm
Not sure you will be seeing that anytime to quickly before a correction perhaps. prolly be heading to one of them 4 levels most likely the lower one

cahrt is minus todays data
"Millionaires don't use astrology, billionaires do"
  • #4,753
  • Feb 11, 2008 5:33pm Feb 11, 2008 5:33pm
Yeah, calls for dollar long through 2008 are mounting. I just couldn't figure out whether or not there will be another broad wave against the dollar for new lows before.

That's why I'm cautious.
  • #4,754
  • Feb 11, 2008 5:36pm Feb 11, 2008 5:36pm
Quoting OrionsWay
Not sure you will be seeing that anytime to quickly before a correction perhaps. prolly be heading to one of them 4 levels most likely the lower one

cahrt is minus todays data
Hence why I said "me thinks". I've been proven wrong more than once that's for sure
I've been bullish gold since like $550 though at various levels, cause of the disconnected correlation to oil. (I think back then I said 1000-bucks by 2010)
But the way SA is dicking around with the power (with no end in sight till at the very least after 2010 world cup fiasco), they're just adding fuel to the smelting fires and accelerated my target by two years or so.

Again, it would not be the first, and certainly not the last time I was wrong though.
I'm still cheekily optimistic for a week or two before it touches 1K.
Carpe Divitiae
  • #4,755
  • Feb 11, 2008 5:54pm Feb 11, 2008 5:54pm
DOWN UJ, DOWN GJ, DOWN EU, DOWN ALL MODAFOKA DOOOOWWWNNNN

UUPUUUPUUPUUPUPUUPUUU

Ladies and Gentlemen, Chief Sitting Bear

http://www.old-picture.com/indians/p...tting-Bear.jpg

Desperate market conditions call for desperate measures
Back by London
  • #4,756
  • Feb 11, 2008 6:09pm Feb 11, 2008 6:09pm
Hahaaa ceasar


Yea have to agree with you though for sure 1000k Professional money will be buying just to reach it. Its due for a good correction as well, though before another good march north.
Like ceasar said also though DX is about to march strong i think. if long from 550 CHA CHING ring that register
"Millionaires don't use astrology, billionaires do"
  • #4,757
  • Feb 11, 2008 6:12pm Feb 11, 2008 6:12pm
Quoting OrionsWay
Hahaaa ceasar


Yea have to agree with you though for sure 1000k Professional money will be buying just to reach it. Its due for a good correction as well, though before another good march north.
Like ceasar said also though DX is about to march strong i think. if long from 550 CHA CHING ring that register
Hehehe I said bullish, but bloody hell do I wish I kept that first long open!!
Ka-ching indeed!
Carpe Divitiae
  • #4,758
  • Edited Feb 12, 2008 4:51pm Feb 11, 2008 6:12pm | Edited Feb 12, 2008 4:51pm
Here is a different view with delta points ST MT LT red green yellow,
minus todays EOD data

we have a ST point due in cpl days could be early or late or on time if on time or late expect reversal if early expect correction with continuation

myself i think reversal because we had an inversion on the 1 2 point i think, they genereally result in trend change for a bit maybe just good correction. Its not like it couldnt use one, been uphill for some time now
"Millionaires don't use astrology, billionaires do"
  • #4,759
  • Feb 11, 2008 6:19pm Feb 11, 2008 6:19pm
Quoting OrionsWay
we have a ST point due in cpl days could be early or late or on time if on time or late expect reversal if early expect correction with continuation
Point 4?

Quote
myself i think reversal because we had an inversion on the 1 2 point i think they genereally result in trend change for a bit maybe just good correction. Its not like it couldnt use one, been uphill for some time now
Aww, 'cmon now, don't jinx my open spot's and futures about to expire!!
Carpe Divitiae
  • #4,760
  • Edited Feb 12, 2008 4:51pm Feb 11, 2008 6:21pm | Edited Feb 12, 2008 4:51pm
a dx view ahead 10 11 points not set in stone but looks like early inversion of normal structure
"Millionaires don't use astrology, billionaires do"
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