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Cesarnc's market talk, gossips, rumours & fun

  • #10,701
  • Aug 18, 2008 5:56am Aug 18, 2008 5:56am
Quoting ukvipersden
OK: anybody brave (stupid?) enough to buy Cable here?? medium-chart breakdown suggests no real support until 1.7375 IMO. The most useless currency in the world
Dont say it's the most useless currency in the world. Some of us are making money off of the UK's misfortunes.

But seriously, in the long run, a weak Sterling should be good for the UK Economy as long as commodity prices remain low.
Humble Lifetime Member
  • #10,702
  • Aug 18, 2008 6:02am Aug 18, 2008 6:02am
Quoting Ash
Dont say it's the most useless currency in the world. Some of us are making money off of the UK's misfortunes.

But seriously, in the long run, a weak Sterling should be good for the UK Economy as long as commodity prices remain low.
Good? Inflation won't come down as fast, for one thing. Anyhow, just as we watched sterling fall in a matter of days, watch how quickly the inept BofE cuts rates
  • #10,703
  • Aug 18, 2008 7:16am Aug 18, 2008 7:16am
Quoting ukvipersden
OK: anybody brave (stupid?) enough to buy Cable here?? medium-chart breakdown suggests no real support until 1.7375 IMO. The most useless currency in the world
Friday pin-bar + extremely oversold RSI + slow data schedule this week.

Better look for an entry tomorrow above today's high, get out around 1.89 (23% fib of the fall).

Cable is also sitting at the 61% fib (1,70 - 2.11) and travelled through 38% and 50% with impunity. This is not usual, great chance it will solve unfinished business around 50% fib (1.91), then sell the living hell out of it for, imho, the long term trend has changed.
  • #10,704
  • Aug 18, 2008 9:30am Aug 18, 2008 9:30am
Quoting cesarnc
Friday pin-bar + extremely oversold RSI + slow data schedule this week.

Better look for an entry tomorrow above today's high, get out around 1.89 (23% fib of the fall).

Cable is also sitting at the 61% fib (1,70 - 2.11) and travelled through 38% and 50% with impunity. This is not usual, great chance it will solve unfinished business around 50% fib (1.91), then sell the living hell out of it for, imho, the long term trend has changed.

I agree with that.
Just Trade It
  • #10,705
  • Aug 18, 2008 9:44am Aug 18, 2008 9:44am
EU

For the last 5 weeks the weekly high has been made on:

Tuesday/Tuesday/Monday/Monday/Monday.

There is a pattern in there somewhere. I know I can find it if I look hard enough. :nerd:

  • #10,706
  • Aug 18, 2008 9:51am Aug 18, 2008 9:51am
Quoting SunTrader
EU

For the last 5 weeks the weekly high has been made on:

Tuesday/Tuesday/Monday/Monday/Monday.

There is a pattern in there somewhere. I know I can find it if I look hard enough. :nerd:

Humble Lifetime Member
  • #10,707
  • Aug 18, 2008 10:00am Aug 18, 2008 10:00am
Quoting SunTrader
EU

For the last 5 weeks the weekly high has been made on:

Tuesday/Tuesday/Monday/Monday/Monday.

There is a pattern in there somewhere. I know I can find it if I look hard enough. :nerd:

Sometimes it's not that easy. Test this:

Ask a person to say "white" several times. "white, white, white, white, white, white, white, white, white, "

They ask him: "What do cows drink".

90% of people say "MILK"
  • #10,708
  • Aug 18, 2008 10:09am Aug 18, 2008 10:09am
Quoting cesarnc
Sometimes it's not that easy. Test this:

Ask a person to say "white" several times. "white, white, white, white, white, white, white, white, white, "

They ask him: "What do cows drink".

90% of people say "MILK"

What about chocolate milk?
Just Trade It
  • #10,709
  • Aug 18, 2008 10:35am Aug 18, 2008 10:35am
The year-old financial crisis is not only far from over but could actually get much worse, bringing more shocks to the US economy and stock market, experts said.

(...)
"There's another shoe to drop ahead of us and it could be more severe." David Kotok, chairman and chief investment officer from Cumberland Advisors, told CNBC

http://www.funnypictures.net.au/imag...unny-shoes.jpg
  • #10,710
  • Aug 18, 2008 11:29am Aug 18, 2008 11:29am
Quoting cesarnc
The year-old financial crisis is not only far from over but could actually get much worse, bringing more shocks to the US economy and stock market, experts said.

(...)
"There's another shoe to drop ahead of us and it could be more severe." David Kotok, chairman and chief investment officer from Cumberland Advisors, told CNBC

http://www.funnypictures.net.au/imag...unny-shoes.jpg


http://www.nloc.net/vbforum/images/s...ing_smilie.gif
  • #10,711
  • Aug 18, 2008 11:46am Aug 18, 2008 11:46am
Bovespa just broken 54K: I watch this and not just Shanghai Comp for the end of stupid 'decoupling' thesis
  • #10,712
  • Aug 18, 2008 12:11pm Aug 18, 2008 12:11pm
Quoting ukvipersden
Bovespa just broken 54K: I watch this and not just Shanghai Comp for the end of stupid 'decoupling' thesis
I'm afraid it's my fault. This morning I sent the following message to NYSE and BOVESPA

Quote
*** Message from cesarnc***

Hellow my friends! Let's rock these stocks, shall we?

LONG STOCKS LONG!!!
http://i2.photobucket.com/albums/y28.../beardance.gif

***END OF MESSAGE***
  • #10,713
  • Aug 18, 2008 12:13pm Aug 18, 2008 12:13pm
Quoting cesarnc
I'm afraid it's my fault. This morning I sent the following message for NYSE and BOVESPA



Is that like Cramers sell the rallies, we found a bottom strategy?
Just Trade It
  • #10,714
  • Aug 18, 2008 12:13pm Aug 18, 2008 12:13pm
Quoting cesarnc
I'm afraid it's my fault. This morning I sent the following message for NYSE and BOVESPA


don't apologize: I wanna see sub 50K Bovespa and sub 9000 Dow
  • #10,715
  • Aug 18, 2008 12:21pm Aug 18, 2008 12:21pm
Quoting ukvipersden
don't apologize: I wanna see sub 50K Bovespa and sub 9000 Dow
That's OK then!!!

SHORT STOCKS SHORT!!!!

http://i2.photobucket.com/albums/y28.../beardance.gif

*Ooops, got carried out again
  • #10,716
  • Aug 18, 2008 12:37pm Aug 18, 2008 12:37pm
Quoting cesarnc
That's OK then!!!

SHORT STOCKS SHORT!!!!

http://i2.photobucket.com/albums/y28.../beardance.gif

*Ooops, got carried out again
Two bears on the same page means its time to go long.
Just Trade It
  • #10,717
  • Aug 18, 2008 12:38pm Aug 18, 2008 12:38pm
Quoting Big Wave Rider
Two bears on the same page means its time to go long.

Opps, make that three bears
Just Trade It
  • #10,718
  • Aug 18, 2008 1:33pm Aug 18, 2008 1:33pm
Quoting Big Wave Rider
Opps, make that three bears
Welcome to the Bear Club: OK, I wanna see Dow July 17 low taken out first (10,800) - then we can rally
  • #10,719
  • Aug 18, 2008 2:07pm Aug 18, 2008 2:07pm
Meanwhile in Wall Street...

http://media.collegepublisher.com/me...s/964w4o2p.jpg

Dow welcomes the Sheriff with a loud -200
  • #10,720
  • Aug 18, 2008 2:09pm Aug 18, 2008 2:09pm
Quoting cesarnc
Meanwhile in Wall Street...

http://media.collegepublisher.com/me...s/964w4o2p.jpg

Dow welcomes the Sheriff with a loud -200
NYPD are chicken shit
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