Cesarnc's market talk, gossips, rumours & fun

Congrats Cesranc.......


And you could get another present if the DOW closes above 12.7K


HOLLA

Congrats. I see you only drink the best. BTW what vintage is that paint remover?

Yup. Dow futures poiting to 12.8K (+150) for the opening. Citi playing "bad news good news" + google earnings blast, + cesarnc 10K posts, you know, the big market movers of today.

Safe and sound above 12.7K - 12.8K, I'm back in business.

Yes. The sweater is Giorgio Armani, the drink a special edition from Johnnie Walker bottled 36 years ago, the hair cut costed $200.

We deserve the best, I say.

http://br.geocities.com/souza_dias/bebado.jpg

I can't resist from joining this party,after lurking here for quite a while .

Big Cong to u, Cesarnc

10k posts - amazing!
Congratulations!

ah 10.000 poster ............ more bikini please

Bloody eurotrash!

But the Dow is a darling today

Trader long euro today:

http://www.invisibledanger.co.uk/for...7de4fc90de.gif

yes, today was a bloodbath. euro bulls will be back.

Ash,

Temporary Euro setback, USD bukkake's on the horizon.

great buying opertunities i see for us.

Mr. Me Too agrees.

well i placed a buy at 1.5750 100ma 50% fib and supporting TL, next one down for me is closer to 1.5200 now that would be nice.

MASSIVE WRITEDOWN REPORT.

Britney will have to pay her lawers $ 371,500, which will be withdrawn from her fortune.

This could easily bring Dow back to 12,000 :

Pleeease, don't tease me like that... Another WRITEDOWN "surprise" right now, and the Dow would just pop up another %

Speculation Growing Fed May Be Done Cutting Rates

SPECULATION GROWS FED MAY BE DONE CUTTING RATES
By Reuters

Reuters
| 18 Apr 2008 | 12:13 PM ET


Hawkish rhetoric from Federal Reserve officials and a rebound in the stock market has driven down market expectations for additional Fed rate cuts.
On Friday, U.S. short-term interest rate futures, which measure sentiment toward Fed policy, eliminated the implied chance for a half-point rate cut at the April 29-30 Federal Open Market Committee meeting.

As recently as Monday, futures dealers saw a 50 percent chance for an aggressive cut this month.

"The risk of another half-point cut by the Fed has been vaporized and odds of a quarter point cut are even being whittled away," said strategists at Action Economics.

"This has been reinforced by the 2% surge in the Nasdaq, and a plunge in risk aversion as measured by the Vix volatility index back under 20, compared with 35 on 'Bear (Stearns) Monday'," they said.

The market, which had fully priced a quarter-point cut for the past month, by midday Friday showed only an 82% chance that the FOMC will cut rates at all this month.

Dealers now see 2% as the low point of the current fed funds rate-cutting cycle, compared with the current 2.25%.

A slew of Fed policy-makers from across the ideological spectrum this week cast doubt on the need for more rate cuts to shore up the economy at a time when inflation pressures are evident.

He On Friday, Philadelphia Fed President Charles Plosser said the current funds rate of 2.25 percent is low enough to boost economic growth as the lagged impact of previous rate cuts starts to kick in.

Plosser voted against the FOMC's decision in March to lower the funds rate by three-quarters point, as did Dallas Fed President Richard Fisher.
Speaking in Chicago on Thursday, Fisher restated his "strong reluctance" to more interest rate cuts.

Analysts also noted a comment from San Francisco Fed President Janet Yellen, who on Wednesday said that inflation is a "problem" and the Fed must be careful not to cut rates too far.


Inflation also is becoming a worry.

Earlier this week, the government said consumer inflation had climbed 4 percent over the past 12 months, reflecting relentless gains in energy costs, which are up 17 percent over that period, and food prices, which are up 4.4 percent.

"A slowing economy is no guarantee of slowing inflation pressures," Plosser told reporters.

"Inflation is a problem now," another Fed member, Richmond President Jeffrey Lacker said Friday. And the slowdown in the US economy, which normally helps moderate inflation, may not have as much impact this time, he added.

Copyright 2008 Reuters. Click for restrictions.
URL: http://www.cnbc.com/id/24200145/

The USD Bullshit are in charge for now. Go with the trend. Collect your pips and hold your nose.

Or watch the craziness from the sidelines and keep your pips. But A.J looked so good and so was the trade. I couldn't stay on the sidelines too long