Cesarnc's market talk, gossips, rumours & fun
Pretty soon the Fed's gonna be out of bullets. I stil see 95 for UJ and lower for the carries in general. There's too much uncertainty out there. The only way we put in a FOR SURE airtight bottom is if/when the Fed bails EVERYONE out. Till then, more volatility.
Yeah you hate to go "there", but what else is one to think? Today being an off day nothing will probably come of it, but it's an interesting tidbit nonetheless.
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yeah but i dont see 148 or 188 for e/j & g/j..., ofcourse we might go even further to 177, and 138, but not that easy, cmon ppl, stocks are down a lot,
de123,
What Cesar said. Stocks aren't down a lot at all. There's plenty room for retracement. Who would've thought that 192 would be seen on GJ?
GJ alone saw this heavy correction not only
So much easier when the world's economy was based on paying for a goat with 2 packs of rice, ain't it?
de123,
What Cesar said. Stocks aren't down a lot at all. There's plenty room for retracement. Who would've thought that 192 would be seen on GJ?
:...enough,...i scalp, what do u do its ur bussiness, but evrybody expecting new lows, and thats i am afraid we wont see ... yeah, but usually the market makes some extreme level before it rebounds, and the level 192, which nobody didnt thought it would be reached, might as well be that level...
I just eat. Analyzing is what I do while I'm eating Where I just moved from, they pay for 2 packs of rice with a goat (spread is empty udder/full udder ) - is that a currency cross or a cross goat ?
Okay, I can disclose this now.
Last Wed I borrowed $1 billion from Fed. I'll lend them to homeless / jobless / willing-to-pay people around here, so they can buy a house and pay back in 10 years.
The loan is backed on a 100 trillion cubic meters iceberg that I own, next to Greenland. In 10 years, the water shortage will increase and the iceberg will be worth $2 billion.
Fed said "ok, I can live with that". Done deal now I'm soooo gonna be rich.
See? Forget forex trading! THAT'S how things are done nowadays.
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Hey cesar... can you bail me out?I was long on silver...
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.
from what i can find out HBOS is being invetigated for fraud - not the bank as such but someone associated with it, information wa leaked to drive down the stock price (someone sold hi and brought low £100 million gain i think was the approx amount made). after the initial panic the claims were clear as the bank made some masssive profit last year that would more than cover it's exposure to the sub prime issues - the bank is safe from what i can see, the other option is to put £30k into a number of banks spredd the fear.
so thats what i have seen over the last few days no actul foundation fotr the drop in price just rumours.
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. Ash said this before and i think thats why there's a regular group of irregular people hanging out at Cesar's crib.
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 ?
