Cesarnc's market talk, gossips, rumours & fun | Page 300 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Walk the Talk from a fun loving discretionary trader 46 replies

You talk the talk I walk the talk 8 replies

Attachments: Cesarnc's market talk, gossips, rumours & fun
Exit Attachments

Cesarnc's market talk, gossips, rumours & fun

  • #5,981
  • Mar 5, 2008 11:16am Mar 5, 2008 11:16am
Quoting MPP
i pick up a lot of info from this thread but i still need to work on correllations and watch the dow etc. so you expect it to drop when we get there? but what about AJ etc all heading higher still. maybe i should drop my GU longs sooner that i expected then i'm up 100pips so i should hold on to them?
Carry correlates with the Dow. I expect the Carries to go up if Ambac gets the cash infusion. I'd watch the GU longs if I was you.
Patience + Humility + Study = Success
  • #5,982
  • Mar 5, 2008 11:20am Mar 5, 2008 11:20am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting DutchTrader
Carry correlates with the Dow. I expect the Carries to go up if Ambac gets the cash infusion. I'd watch the GU longs if I was you.
i will

so dow up carries up and so on? will open a chart now and see what happens.
  • #5,983
  • Mar 5, 2008 12:24pm Mar 5, 2008 12:24pm
Dow = Yikes !!!!!
  • #5,984
  • Mar 5, 2008 12:28pm Mar 5, 2008 12:28pm
WTF happening to DJIA?

ISM and Ambac helped the rally, is there any news for this drop?
No Brain, no Gain.
  • #5,985
  • Mar 5, 2008 12:29pm Mar 5, 2008 12:29pm


I guess this bad news, which was not so old bad news as to turn good news, wasn't such good bad news afterall
Patience + Humility + Study = Success
  • #5,986
  • Mar 5, 2008 12:29pm Mar 5, 2008 12:29pm
Ambac hasn't resumed trading yet.
  • #5,987
  • Mar 5, 2008 12:31pm Mar 5, 2008 12:31pm
It should come as no surprise, but the associate director of the SEC's enforcement division is quoted on Reuters saying that "monolines are the focus of our investigation as well" as other financial firms in a number of investigations having to do with the subprime market. The SEC does not, however, intend to file any action in the near term due to the complexity of the investigations.
Patience + Humility + Study = Success
  • #5,988
  • Mar 5, 2008 12:33pm Mar 5, 2008 12:33pm
Quoting SunTrader
Ambac hasn't resumed trading yet.
Yes but traders almost priced it in. And the news should be released till this afternoon right?

I'm out if Ambac's deal doesen't come today. (out in futures, forex still going)
No Brain, no Gain.
  • #5,989
  • Mar 5, 2008 12:38pm Mar 5, 2008 12:38pm
The market didn't like the Ambac Deal. It was all "Bukake" as Dutch Trader would say.
Humble Lifetime Member
  • #5,990
  • Mar 5, 2008 12:40pm Mar 5, 2008 12:40pm
They priced it in and then priced it out.

No news on Ambac, so far, means uncetainty which the big boys don't like.
  • #5,991
  • Mar 5, 2008 12:40pm Mar 5, 2008 12:40pm
And now Ambac is down $2
  • #5,992
  • Mar 5, 2008 12:41pm Mar 5, 2008 12:41pm
Ambac down 13%.
Humble Lifetime Member
  • #5,993
  • Mar 5, 2008 12:41pm Mar 5, 2008 12:41pm
-300 then close -7.78
Patience + Humility + Study = Success
  • #5,994
  • Mar 5, 2008 12:45pm Mar 5, 2008 12:45pm
Quoting DutchTrader
-300 then close -7.78
Good one.....
Humble Lifetime Member
  • #5,995
  • Mar 5, 2008 1:14pm Mar 5, 2008 1:14pm
Quoting Ash
The market didn't like the Ambac Deal. It was all "Bukake" as Dutch Trader would say.


Beige book also not that good news really...

I think market is going to sell on rallie for a while until some important news hit the market to crack 12.7K on the way up.

Til then, new bottom is likely instead....
  • #5,996
  • Mar 5, 2008 3:06pm Mar 5, 2008 3:06pm
Supporting McCain, Bush dances to reporters...

http://n.i.uol.com.br/ultnot/album/0...20080305164533

  • #5,997
  • Mar 5, 2008 3:16pm Mar 5, 2008 3:16pm
The market is beginning to trace our a new lower range.

I believe the market still has some time to go down. We need to hit a 10:1 Dow to Gold ratio, we are at 12.5:1 right now.

We will probably bottom out at 10,500 - 11,000 in this cycle, a good 30ish% drop.

The US dollar still has some downside. Fundamentals say so with the US lowering interest rates and everyone but the CAN and GBP doing the same.

Whoever said the AUD looks relatively cheap at the moment is correct, it got oversold buying the roamer selling the news with the rate hike.

It will be interesting to see everyone hit parity with the dollar.

Sydney
  • #5,998
  • Mar 6, 2008 1:24am Mar 6, 2008 1:24am
Good Day Mates.....

So more news today...interest rates, Trichet speaks, etc,etc which means more up and downs in the DOW, blah, blah, blah....

Any word on the Ambac deal????

I see Buffet finally got over the Bill Gates hurdle...CONGRATS WARREN "RICHEST PERSON IN THE WORLD".

Wall Street needs to listen to him a little more, then maybe they wouldn't be in this mess

HOLLA
  • #5,999
  • Edited 3:04am Mar 6, 2008 3:03am | Edited 3:04am
Hi guys,

I'm relative "new" as a poster to the forums because I "unknowingly" violated one of the rules a year ago and my ban was lifted recently to my surprise! (actually it was a 1-year ban )

So here is rambling thread for the markets huh? Well, I'm thinking, looking at the EURUSD longer scenario and Elliot Wave, it is quite amazing to believe that one day Euro could be exchanging at 2 USD per Euro and probably even more.

I sincerely hope that beloved United States economy would not fall into jitters in the future although I'm happy to see the rise of China and India. Eastern Europe and Middle Easterners are on the way as well.
  • #6,000
  • Mar 6, 2008 3:15am Mar 6, 2008 3:15am
Quoting FXOperator
Hi guys,

I'm relative "new" as a poster to the forums because I "unknowingly" violated one of the rules a year ago and my ban was lifted recently to my surprise! (actually it was a 1-year ban )

So here is rambling thread for the markets huh? Well, I'm thinking, looking at the EURUSD longer scenario and Elliot Wave, it is quite amazing to believe that one day Euro could be exchanging at 2 USD per Euro and probably even more.

I sincerely hope that beloved United States economy would not fall into jitters in the future although I'm happy to see the rise of China and India. Eastern Europe and Middle Easterners are on the way as well.
I humbly object, we are not on the way. We're kind of going south, because it's warmer there. Or something. Welcome back to FF.

PS: Best trade of the week was to buy */usd given the breakout. I honestly dont understand how buying on Euro will sustain given the current charts, there has to be some profit taking tomorrow. USDJPY pinbars were also a bargain sell, and those who missed the ideal entry can still get in I believe.

P.P.S: GBPCHF is officially the new dragon. And it looks to be following the relentless USDCHF selling despite GU gains.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
2 traders viewing now