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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #68,741
  • Mar 16, 2008 6:11pm Mar 16, 2008 6:11pm
Bear Stearns Sold To JP Morgan Chase For 2 USD Per Share
  • #68,742
  • Mar 16, 2008 6:11pm Mar 16, 2008 6:11pm
Quoting markam
glad I closed my long at 199
Traitor, are u stabbing our backs?

Closed my short for 10 pips.. don't have enough balls
  • #68,743
  • Mar 16, 2008 6:14pm Mar 16, 2008 6:14pm
Quoting SuperV900
Bear Stearns Sold To JP Morgan Chase For 2 USD Per Share
uhh 2 USD per share, I think not!!!
  • #68,744
  • Mar 16, 2008 6:14pm Mar 16, 2008 6:14pm
This baby's all over the place!
  • #68,745
  • Mar 16, 2008 6:14pm Mar 16, 2008 6:14pm
WTF was that.
  • #68,746
  • Mar 16, 2008 6:14pm Mar 16, 2008 6:14pm
Quoting goop
all shorts are going to burn their hands, as invariably equity is going to head north,so does gbp jpy. major trend chnage likely towards north may be surpassing 252.oo as up move from 2001 botton didnt reache te channel top

lool we r on the 199 .00 and u r talking on 252 from now
  • #68,747
  • Mar 16, 2008 6:15pm Mar 16, 2008 6:15pm
Quoting SuperV900
Bear Stearns Sold To JP Morgan Chase For 2 USD Per Share
Are u kidding? only 2 bucks per share? wow ..

By the way, this pair just shoot up like a rocket ..just literally one minute after I closed the short .. geezz.
  • #68,748
  • Mar 16, 2008 6:16pm Mar 16, 2008 6:16pm
Quoting mktjong
It may not have enough power to get there so far. It is going down again. I shorted again for some quick pips

got my point :
  • #68,749
  • Mar 16, 2008 6:17pm Mar 16, 2008 6:17pm
Quoting AmeriTrini
uhh 2 USD per share, I think not!!!
guess again. This is seriously bearish

Quote
The transaction will be a stock-for-stock exchange. JPMorgan Chase will exchange 0.05473 shares of JPMorgan Chase common stock per one share of Bear Stearns stock. Based on the closing price of March 15, 2008, the transaction would have a value of approximately $2 per share.
  • #68,750
  • Mar 16, 2008 6:17pm Mar 16, 2008 6:17pm
Fed Cuts Discount Rate To 3.25%
  • #68,751
  • Mar 16, 2008 6:17pm Mar 16, 2008 6:17pm
well see whats happening . dow mihgt rach 12500 plus by tomm close so guess where gbpjpy will be? .... prob north
  • #68,752
  • Mar 16, 2008 6:19pm Mar 16, 2008 6:19pm
Quoting goop
well see whats happening . dow mihgt rach 12500 plus by tomm close so guess where gbpjpy will be? .... prob north
you're funny (and very, very wrong)
  • #68,753
  • Mar 16, 2008 6:20pm Mar 16, 2008 6:20pm
well 1 h chart

Attached Image (click to enlarge)
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  • #68,754
  • Mar 16, 2008 6:21pm Mar 16, 2008 6:21pm
Quoting SuperV900
Fed Cuts Discount Rate To 3.25%
Thanks goodness. I might be thinking long now ... it's really a roller coaster drama today. Unbelievable ..still scratching my head ..
  • #68,755
  • Mar 16, 2008 6:22pm Mar 16, 2008 6:22pm
Quoting mktjong
Thanks goodness. I might be thinking long now ... it's really a roller coaster drama today. Unbelievable ..still scratching my head ..

r u sure?
  • #68,756
  • Mar 16, 2008 6:24pm Mar 16, 2008 6:24pm
I hate the Fed.
  • #68,757
  • Mar 16, 2008 6:25pm Mar 16, 2008 6:25pm
Quoting SuperV900
Bear Stearns Sold To JP Morgan Chase For 2 USD Per Share
That's what the WSJ is reporting, but it's a typo. Real figure is $20/share.
I made a fortune getting out too soon. - J. P. Morgan
  • #68,758
  • Mar 16, 2008 6:26pm Mar 16, 2008 6:26pm
Quoting mktjong
Thanks goodness. I might be thinking long now ... it's really a roller coaster drama today. Unbelievable ..still scratching my head ..
I would be very careful. They obviously make the cut because they knew that the BS announcement was going to be very unsettling. However, I have a feeling the cut is actually going to make it worse.
  • #68,759
  • Mar 16, 2008 6:26pm Mar 16, 2008 6:26pm
Getting my News off of DailyFX.... For what that's worth.
  • #68,760
  • Mar 16, 2008 6:28pm Mar 16, 2008 6:28pm
Quoting warta
r u sure?
I only do scalping, not long term
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