Cesarnc's market talk, gossips, rumours & fun

Are the markets closed?

Have a "Good Friday" and a good weekend all.

Dutch, forex is open and I think Tokyo stock market. Not much else.

Sun

Thanks, Sun. Good Friday and good weekend to you as well

Everyone have a Happy Easter and Good Weekend!

Be safe!

How about something as simple as - long weekend coming up, stocks being moved on rumours not facts, currency gone mad - i think everyone said TP it come back Tuesday and buy low for the April madness.

But seriously after the bank issues in the uk today - big meeting and rumours about Barclays and HBOS, i think that BoE ECB and fed agreed not to throw more money at it but to throw rumours in until people stopped Buying due to the crazyness, this will give them a few more days to a week to sort out some of the issues, might be that some will close out until 1 April.

end of March is a huge Tax time for most so this could also be affecting things in the closing weeks. this should also give all the other major players time to release the info on how bad things are, and i think all the bad news is out so it's more a case of now lets get on and sort it out Dollar is weak and will remain so for some time Accept it.

Anyway, i think the charts needed this to bring things back inline so that we can start buying at sensible prices and the trending pairs will resume nice movments that we all love to see,


Just my view, i don't get most fundi info so might be missing things, but when you step back and have a look at whats going on, it's been like a feeding frenzy in a pirana pool, whats for pudding.

Yep@MPP month end, etc. fudges up things a bit. Everyone was buying like they were blinkered. Ah well, let's see what Japan brings on Sunday.

whats up,....i have to scroll down to reach this lovely tread,...and its not holiday here, its just friday,..normal friday.......

so carries found the ground, euro found the ground, cable found the ground,...back to normal,...??...

Define normal, is what I always say to that statement
:

abnormal= nfp friday...
normal= friday after heavy rate cuts & before holiday...

...

I caught your posts on that new EA thread, went back to look at the website and bang the thread is gone

Gone in 60 seconds - i wonder if the EA worked like that (your account empty)


by Normal are we refering to peacefull calm trading periods - when did we ever have them.

, yeah, I didn't wanna be all "forum police" like, but I get a bit narked at those things on here. There are enough other rubbish forums out there where you can spam to your hearts content. FF's been too good to me for me to just let it slide.

As for normal... I daren't even offer a definition lately...:

WHAT, one day's worth?!

Man, some folks are full of ****

I agree, we have a great Forum here and we should all look after it, to keep it that way - i don't have a problem with passing on EA's and giving out free info/calls etc

But simply start and thread and post it.

have a great weekend all - I'm out till Tuesday

Go back to the beginning of the this thread. We had a spam-mer come in and Cesar took care of him "Old School", with a one punch knock out.

Option Traffic Signals Jam for UBS and Other Banks

UBS, LEHMAN, MORGAN, GOLDMAN, INVESTMENT BANKS, OPTIONS, PUTS, CALLS
By CNBC.com

CNBC.com
| 20 Mar 2008 | 08:54 AM ET


If the options market is any indication, investment bank stocks could still be in for a rough ride in the month ahead, particularly UBS, according to Rebecca Darst of Interactive Brokers.

"Option traders are pricing-in about 40 percent more price risk to UBS shares over the next month than they have shown historically," she said in an interview on CNBC's "Squawk Box."

She pointed to the activity in "put" options on the stock , where traders buy the right to sell a stock at a certain time at a certain "strike" price. Such options typically pay off when a stock plunges in price.


"The April 25 puts are the strike to watch here with UBS. They continue to attract buyers. These were bought yesterday for around $2.45, so, in order to break even, we need to see a test below the standing 52-week low for UBS, and that's going to put the bank shares right at around five-year lows."
Similar activity is evident in other brokerages as well, she said, despite earnings reports earlier in the week made some believe the worst is over in the financial sector.

"There continues to be a high degree of speculative volume in these brokerages, having these somewhat reassuring numbers out of Lehman , Goldman , and Morgan Stanley has not completely abated this speculative two-way traffic," she said.

And Bear Stearns , despite what many think will be a set deal with JPMorgan , is seeing option activity as well, Darst said.


"What's interesting is that we're seeing buyers pile into the sort of $5 puts in Bear Stearns, and this is the March contract we're talking about, so these are the ones that expire today," she noted. "The $5 puts in Bear Stearns and the $10 calls, I would not at all be surprised to see people going long both those positions in what's known as a 'strangle.' That costs you only about 35 cents, but will cover you in the unlikely event of a break past $10.35 to the upside or down below $4.65 to the downside."

(See Darst's Full Interview in the Accompanying Video)
2008 CNBC.com

URL: http://www.cnbc.com/id/23722496/

Nice piece.... I think the big question will be have we seen the bottom in the stocks and in the dollar?

I'm dying over here to buy carries for the year.

Hottest modafokas in NYC

Pontiac
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Maserati
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BWR's
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I beg your pardon? Like a "popemobile" or something? Big market for this car. 1 consumer
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i dont wona say yes, and then we see another low,...did read an article about the governer of japan to be replaced, his job finished 19 march,...but the thing ios that the power is split, the upper hous is in conservative majority, the lower in liberals power,...in any case if the liberals put his men, then i think we have seen the bottom, if not then i dont know,...in any case have a lovely weekend,..and yes,..i think we did...

Hanging out and looking down on the situation at Easter:

Bon jovi money people - markets all over the hole and as someone just said, all the market turmoil is not over by a long ways. Here is some news, the DOW is not going to put on 150 every day until it reaches 14,000 again - the way some pillocks are talking, you would think that is what is going to happen.
Bear Stearns bale out did not mean the wolf has gone from the door. Now I learn that HBOS in the UK is making headlines so I have to research that. The buyer of my UK house is getting his mortgage from them and I plan to keep the sale proceeds in HBOS too. I believe the UK gov guarantees only gbp 30k of deposits - much less than the U.S. Much alarm.

What a way to spend easter as J C used to say !

Now we all know this and the credulous don't. This is the biggest opportunity for the likes of us for years, so we need to make some money before it gets flat and boring after the recovery which isn't yet.

We want to make a killing on forex and who is our number 1 mentor ? Sorry C but it's mister George Soreass. He didn't scalp and he didn't day trade. He saw a vulnerable level and attacked it over a longer period. Now ok he had the money to actually move the market his way and we don't - but apart from that slight difference, I reckon his strategy carries bigger $$$ signs but has a better risk reward and time and effort and ragged nerves input, so I am going to extend my trading time frames and lower my positions and capitalise my account better.

He talks news and fundamentals and doesn't care about technicals and this thread cares about all three - so we should be able to gain a lot of perspective by pooling our info and thoughts. Of course we select the bits we think are important or relevant and throw the rest.

ok, 3 days off at Easter and then the markets open and the next part of my improved strategy is reborn - now where have I heard that before ?