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  • #22,521
  • Aug 21, 2008 7:24pm Aug 21, 2008 7:24pm
what is Dead Cat Bounce
  • #22,522
  • Aug 21, 2008 7:26pm Aug 21, 2008 7:26pm
Quoting 5ysfx
When technical correction has to came ppl search for some political, economic reason blah blah
This is funny ppl always are looking for excuses when fail.
OMG
  • #22,523
  • Aug 21, 2008 7:27pm Aug 21, 2008 7:27pm
Quoting 5ysfx
When technical correction has to came ppl search for some political, economic reason blah blah
This is funny ppl always are looking for excuses when fail.
What's ppl?
  • #22,524
  • Aug 21, 2008 7:30pm Aug 21, 2008 7:30pm
Quoting 5ysfx
Whats ur view right now ?

its going to slow i have doubt if will reach 4810 level reconsider to spread my long orders from 4840
I have to say I agree with the sentiment that acumen has expressed. Crude right now is just in a retracement and not a new trend move up.

As for EU, if it can break above 1.50 (doubtful before next week, if even then), 1.52 should come easily. But other than Bearnanke saying something dramatic I don't expect too great a range till next week starts.

Now if "Lily-Putin" throws a hissy-fit who knows then?
  • #22,525
  • Aug 21, 2008 7:30pm Aug 21, 2008 7:30pm
Quoting trading801
what is Dead Cat Bounce
http://en.wikipedia.org/wiki/Dead_cat_bounce
  • #22,526
  • Aug 21, 2008 7:31pm Aug 21, 2008 7:31pm
WHAT IS DEAD CAT BOUNCE

hee
  • #22,527
  • Aug 21, 2008 7:32pm Aug 21, 2008 7:32pm
Quoting SunTrader
I have to say I agree with the sentiment that acumen has expressed. Crude right now is just in a retracement and not a new trend move up.

As for EU, if it can break above 1.50 (doubtful before next week, if even then), 1.52 should come easily. But other than Bearnanke saying something dramatic I don't expect too great a range till next week starts.

Now if "Lily-Putin" throws a hissy-fit who knows then?
Howling.
  • #22,528
  • Aug 21, 2008 7:32pm Aug 21, 2008 7:32pm
Quoting SunTrader
I have to say I agree with the sentiment that acumen has expressed. Crude right now is just in a retracement and not a new trend move up.

As for EU, if it can break above 1.50 (doubtful before next week, if even then), 1.52 should come easily. But other than Bearnanke saying something dramatic I don't expect too great a range till next week starts.

Now if "Lily-Putin" throws a hissy-fit who knows then?
OK

meant in shorter term will reach 4810 or not ?


Acumen ppl mean people=traders
  • #22,529
  • Aug 21, 2008 7:32pm Aug 21, 2008 7:32pm
Quoting acumen
What's ppl?
ppl = people
  • #22,530
  • Aug 21, 2008 7:34pm Aug 21, 2008 7:34pm
Quoting SunTrader
ppl = people
Is that texting speak?
  • #22,531
  • Aug 21, 2008 7:38pm Aug 21, 2008 7:38pm
Quoting 5ysfx
OK

meant in shorter term will reach 4810 or not ?


Acumen ppl mean people=traders
Thanks.
  • #22,532
  • Aug 21, 2008 7:41pm Aug 21, 2008 7:41pm
can the person who used DCB pls explain what it means plssss
  • #22,533
  • Aug 21, 2008 7:46pm Aug 21, 2008 7:46pm
Quoting trading801
can the person who used DCB pls explain what it means plssss
they provided a nice link for you
  • #22,534
  • Aug 21, 2008 7:47pm Aug 21, 2008 7:47pm
Quoting trading801
can the person who used DCB pls explain what it means plssss
dead cat bounce who did name this ?

Probably this mean if sometheing fell from very high altitude when hit one of stairs will bouce to higher step before will fall further to the floor hahah

At least i understand it in this way. haha

very nice metaphore indeed.
  • #22,535
  • Aug 21, 2008 7:47pm Aug 21, 2008 7:47pm
Quoting scyang
10:35pm USDhttp://forexfactory.com/images/misc/...act_medium.gifCrude Oil Inventories
http://forexfactory.com/images/misc/calendar_detail.gif 9.4M
0.7M-0.4M


Think you are referring to this one. They had much more crude oil inventory than expected. The prices didn't go down much as it should. Then the next day, it jumped $5. All the more, it shows that the market is irrational and right now, it wants to give back some of the gains in USD in the past 2 weeks.
definitely that is the case.
  • #22,536
  • Aug 21, 2008 7:47pm Aug 21, 2008 7:47pm
Quoting trading801
can the person who used DCB pls explain what it means plssss

A DCB is when price moves drastically in one direction and the reverses that direction without any underlying factors.

Anything will bounce if it falls from a great height... even a dead cat.

Does that help?
  • #22,537
  • Aug 21, 2008 7:48pm Aug 21, 2008 7:48pm
Quoting trading801
what is Dead Cat Bounce
a bull trap..
  • #22,538
  • Aug 21, 2008 7:48pm Aug 21, 2008 7:48pm
Quoting 5ysfx
dead cat bounce who did name this ?

Probably this mean if sometheing fell from very high altitude when hit one of stairs will bouce to higher step before will fall further to the floor hahah

At least i understand it in this way. haha

very nice metaphore indeed.
It ain't mine.
  • #22,539
  • Aug 21, 2008 7:59pm Aug 21, 2008 7:59pm
acumen bro .. sorry i didnt see the link earlier.. thanks ihope it happens cause i am totally stuck at my short 1.4780.. if it goes up 100 more pips, i will get margin calls sigh
  • #22,540
  • Aug 21, 2008 8:02pm Aug 21, 2008 8:02pm
Quoting trading801
acumen bro .. sorry i didnt see the link earlier.. thanks ihope it happens cause i am totally stuck at my short 1.4780.. if it goes up 100 more pips, i will get margin calls sigh
Sorry to rain on your parade mate, I'm long. Just a few pips before I get to my target but I don't expect that until next week.
Not all sins are created equal
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