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Cesarnc's market talk, gossips, rumours & fun

  • #11,241
  • Sep 2, 2008 10:35am Sep 2, 2008 10:35am
Quoting cesarnc
Ben is swimming and - I'll tell you - VERY WELL from the beginning. He just didn't found out that he was not given a pool, he's swimming in an ocean. And they didn't filled it in with water, it's sh........
shit infested, not shark infested

http://www.honeypotgifts.co.uk/pictu.../RPPT13SHS.JPG
  • #11,242
  • Sep 2, 2008 12:01pm Sep 2, 2008 12:01pm
Let's put this way: AFTER the storm, the calm BEFORE the storm.

Stocks may be rallying today, but after a tough summer, Wall Street is gearing up for an even rougher fall. Why? The financial crisis, housing slump and economic pressures show no signs of abating.
-CNBC
  • #11,243
  • Sep 2, 2008 12:07pm Sep 2, 2008 12:07pm
Quoting cesarnc
Let's put this way: AFTER the storm, the calm BEFORE the storm.

Stocks may be rallying today, but after a tough summer, Wall Street is gearing up for an even rougher fall. Why? The financial crisis, housing slump and economic pressures show no signs of abating.
-CNBC
ELECTION
Money & Pain Respect the market, protect your capital, be patient
  • #11,244
  • Sep 2, 2008 12:15pm Sep 2, 2008 12:15pm
....well, yes, historically Election years have been UP years; but given the nature of the crises, and given the sheer bloody stupidity involved, election years can be exception years. Let's hope so
  • #11,245
  • Sep 2, 2008 12:25pm Sep 2, 2008 12:25pm
Quoting cesarnc
Let's put this way: AFTER the storm, the calm BEFORE the storm.

Stocks may be rallying today, but after a tough summer, Wall Street is gearing up for an even rougher fall. Why? The financial crisis, housing slump and economic pressures show no signs of abating.
-CNBC
Oh and count on CNBC and the rest of the media to keep beating that drum.
  • #11,246
  • Sep 2, 2008 12:40pm Sep 2, 2008 12:40pm
Quoting SunTrader
Oh and count on CNBC and the rest of the media to keep beating that drum.
Yup... I still keep my vision that dow ("the termomether") at 11,600 is still a high level. OK, some 18%-20% off historical highs, this is a discount, not a market crash.

I'd be calling doom at 7,000 points, 50% discount off highs.

Sustaining 11,600 with the current doom and gloom talking is calling 16,000 much more than 7,000 in the long run (mid 2009?).

Unless there are more skeletons in the closet that we're not aware of.
  • #11,247
  • Sep 2, 2008 12:45pm Sep 2, 2008 12:45pm
Quoting cesarnc
Unless there are more skeletons in the closet that we're not aware of.
No more, unless McCain VP's daughter really got knocked up by some guy from the mountains in Pakistan and not a redneck from Alaska.

  • #11,248
  • Sep 2, 2008 1:12pm Sep 2, 2008 1:12pm
Quoting SunTrader
No more, unless McCain VP's daughter really got knocked up by some guy from the mountains in Pakistan and not a redneck from Alaska.

Well, the 17yo daugther of a pro- sex abstinece governor is pregnant, but that's about political BS I don't give a damn.

I'm talking about some major bank blowing up or something. Seen commentaries that there is no "market correction" without some major player going down... Freddie and Fannie? Don't look like so... I don't know..

And 11,600 dow is signaling everybody is in "I don't know" mode...
  • #11,249
  • Sep 2, 2008 1:12pm Sep 2, 2008 1:12pm
Dow is completely divorced from anything dealing with the domestic economy. 16 k is indeed more likely.
Patience + Humility + Study = Success
  • #11,250
  • Sep 2, 2008 1:17pm Sep 2, 2008 1:17pm
Quoting DutchTrader
Dow is completely divorced from anything dealing with the domestic economy. 16 k is indeed more likely.
Coz major US companies are showing good results from abroad. And the world is not falling into depression as some predicted. Resilience maybe...

China also didn't crash after Olympics. There is no Chinese bubble Mr Greenspan. There is no bubble for a country that can put $10 in the pocket of 1.6 billion people and jump start its GDP in 24h
  • #11,251
  • Sep 2, 2008 1:18pm Sep 2, 2008 1:18pm
How about Crude today - down to $105.50 and back up to $110
  • #11,252
  • Sep 2, 2008 1:43pm Sep 2, 2008 1:43pm
Quoting SunTrader
How about Crude today - down to $105.50 and back up to $110
Oil prices, which have plunged 26% in the past month and a half, could continue moving lower in the coming weeks, analysts believe.
-CNBC

plunged 26% after soaring a fast 100%. The way CNBC talks, looks like oil $100 is cheap, cīmon...

But I have no calls for this monster...
  • #11,253
  • Sep 2, 2008 1:45pm Sep 2, 2008 1:45pm
the dead cat bounce is over. See ya later Mr Dow

http://hhippo.homestead.com/files/wiley.jpg
  • #11,254
  • Sep 2, 2008 1:48pm Sep 2, 2008 1:48pm
Talking about skeletons is the closet, a handful of Republican leaders fled to Alaska in order to dig into Palin's past. As to avoid further embarassment LOL...
  • #11,255
  • Sep 2, 2008 1:50pm Sep 2, 2008 1:50pm
Quoting ukvipersden
the dead cat bounce is over. See ya later Mr Dow
Red territory after +200 opening bell

Pin bar in every JPY pair
  • #11,256
  • Sep 2, 2008 2:01pm Sep 2, 2008 2:01pm
Quoting cesarnc
Red territory after +200 opening bell

Pin bar in every JPY pair
Shorts Rule
  • #11,257
  • Sep 2, 2008 2:28pm Sep 2, 2008 2:28pm
Aud/Usd's about to go to the sky, check the PB on that chart.
Patience + Humility + Study = Success
  • #11,258
  • Sep 2, 2008 2:33pm Sep 2, 2008 2:33pm
Dow -

Didn't see this till few mins ago:
Attached Image (click to enlarge)
Click to Enlarge Name: Dowdaily.PNG Size: 27 KB
  • #11,259
  • Sep 2, 2008 2:34pm Sep 2, 2008 2:34pm
Quoting DutchTrader
Aud/Usd's about to go to the sky, check the PB on that chart.
I see it, 4hr confirmation, let's hope the daily follows suit.
Money & Pain Respect the market, protect your capital, be patient
  • #11,260
  • Sep 2, 2008 2:38pm Sep 2, 2008 2:38pm
Quoting DutchTrader
Aud/Usd's about to go to the sky, check the PB on that chart.
huge...

pinbars across the board with dow's and oil's U-turns...
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