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  • #32,561
  • Sep 21, 2008 9:32pm Sep 21, 2008 9:32pm
Quoting soartosky
i ve been waiting for so long, why this babe aint moving down.?
http://www.nytimes.com/2008/03/16/bu...6cnd-bear.html Bear Stearns

http://www.chicagotribune.com/busine...0,859974.story IndyMac

http://www.marketwatch.com/news/story/washington-federal-announces-writedown-fannie/story.aspx?guid={2FEE1E3A-F57E-4B19-A0D8-EB92D1A6E41D}&dist=hppr Fannie Mae and Freddie Mac

http://www.cbc.ca/money/story/2008/0...g-bailout.html AIG

Lehman Brothers bankrupt.

Washington Mutual on the verge of oblivion.

Morgan Stanley and Wachovia in trouble.

A multi trillion dollar deficit

And a partridge in a pear tree
Not all sins are created equal
  • #32,562
  • Sep 21, 2008 9:32pm Sep 21, 2008 9:32pm
It is going up to 1.4583 the least. Whoever short and hoping it will come down will get his ass burnt
  • #32,563
  • Sep 21, 2008 9:33pm Sep 21, 2008 9:33pm
i forgot to cancel my limit on fri, the comp started a short from 1.4375. i just realised this morning and found out my account dropped to 20% percent of original amount.....now i sure hope i can get some my loss back

lesson learnt, next time while closing a position, associated limits/stops got to be closed...
Lets Soar The Sky
  • #32,564
  • Sep 21, 2008 9:35pm Sep 21, 2008 9:35pm
Quoting wintrade
I'm just wondering; why was Warren banned?
For being Warren. Ain't that good enough reason.
  • #32,565
  • Sep 21, 2008 9:36pm Sep 21, 2008 9:36pm
Quoting doblece
1.4666 psych number
1.4714 R2
Forgot to add that at around these two levels would end a probable rising Elliott Wave 3. Will post chart later on.
  • #32,566
  • Sep 21, 2008 9:37pm Sep 21, 2008 9:37pm
Quoting ballblazer_!
im with you man. waiting for it to come down
Maybe there are equity traders punting FX and with the new rules on equities they cant short sell
  • #32,567
  • Sep 21, 2008 9:40pm Sep 21, 2008 9:40pm
Quoting lasty
Maybe there are equity traders punting FX and with the new rules on equities they cant short sell
lol that would be hilarious. good thing i actually forced myself to wait for confirmation before i did anything. so hard to do
  • #32,568
  • Sep 21, 2008 9:40pm Sep 21, 2008 9:40pm
Quoting Jay Walker
http://www.nytimes.com/2008/03/16/bu...6cnd-bear.html Bear Stearns

http://www.chicagotribune.com/busine...0,859974.story IndyMac

http://www.marketwatch.com/news/story/washington-federal-announces-writedown-fannie/story.aspx?guid={2FEE1E3A-F57E-4B19-A0D8-EB92D1A6E41D}&dist=hppr Fannie Mae and Freddie Mac

http://www.cbc.ca/money/story/2008/0...g-bailout.html AIG

Lehman Brothers bankrupt.

Washington Mutual on the verge of oblivion.

Morgan Stanley and Wachovia in trouble.

A multi trillion dollar deficit

And a partridge in a pear tree
yea but its not like the dollar has ever been rational to begin with
  • #32,569
  • Sep 21, 2008 9:47pm Sep 21, 2008 9:47pm
Quoting SunTrader
For being Warren. Ain't that good enough reason.
  • #32,570
  • Sep 21, 2008 9:50pm Sep 21, 2008 9:50pm
Quoting Jay Walker
http://www.nytimes.com/2008/03/16/bu...6cnd-bear.html Bear Stearns

http://www.chicagotribune.com/busine...0,859974.story IndyMac

http://www.marketwatch.com/news/story/washington-federal-announces-writedown-fannie/story.aspx?guid={2FEE1E3A-F57E-4B19-A0D8-EB92D1A6E41D}&dist=hppr Fannie Mae and Freddie Mac

http://www.cbc.ca/money/story/2008/0...g-bailout.html AIG

Lehman Brothers bankrupt.

Washington Mutual on the verge of oblivion.

Morgan Stanley and Wachovia in trouble.

A multi trillion dollar deficit

And a partridge in a pear tree
All this and the best the EURO bulls can do is .4600.

If anyone believed the death of the dollar or US economy was remotely possible we'd be at .6 right now.
  • #32,571
  • Sep 21, 2008 9:51pm Sep 21, 2008 9:51pm
Quoting SpecialEd
Where you been man? Good to see you back.
Thanks. Been lurking lots but trying to get a business off the ground takes some time away from FF.
Not all sins are created equal
  • #32,572
  • Sep 21, 2008 9:58pm Sep 21, 2008 9:58pm
Here's the probable EW projection chart (and testing Gann Fan as well):
Attached Image (click to enlarge)
Click to Enlarge Name: eweu2208.gif Size: 27 KB
  • #32,573
  • Sep 21, 2008 9:59pm Sep 21, 2008 9:59pm
ok guys heres where we stand. we are almost at the completion of an ascending triangle. as we all know ascending triangles are usually followed by breaks up. the first 1h or 4h candlestick that closes above 1.4541(the current top for past 3 weeks)....a huge break up may occur...heres a visual of my words

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 35 KB
Different opinions highly valued, ignorant to slander.
  • #32,574
  • Sep 21, 2008 10:04pm Sep 21, 2008 10:04pm
Quoting psiholog
ok guys heres where we stand. we are almost at the completion of an ascending triangle. as we all know ascending triangles are usually followed by breaks up. the first 1h or 4h candlestick that closes above 1.4541(the current top for past 3 weeks)....a huge break up may occur...heres a visual of my words

Attachment
1.4702 is the 38.2 retrace of the move down from the very top.
  • #32,575
  • Sep 21, 2008 10:07pm Sep 21, 2008 10:07pm
Quoting Poocher
1.4702 is the 38.2 retrace of the move down from the very top.
interesting thanks
Different opinions highly valued, ignorant to slander.
  • #32,576
  • Sep 21, 2008 10:08pm Sep 21, 2008 10:08pm
Quoting SunTrader
Is your avatar Kim Il and why? Joke maybe? Curious what that is all about but I try not to make assumptions. Seems like the thing to do. What do you say.
yeah i was wondering the same thing myself. . .
  • #32,577
  • Sep 21, 2008 10:16pm Sep 21, 2008 10:16pm
So what's everyones views for eu tonight?
  • #32,578
  • Sep 21, 2008 10:17pm Sep 21, 2008 10:17pm
my long at 4551 got filled so i guess im long now >.<
  • #32,579
  • Sep 21, 2008 10:18pm Sep 21, 2008 10:18pm
Quoting psiholog
ok guys heres where we stand. we are almost at the completion of an ascending triangle. as we all know ascending triangles are usually followed by breaks up. the first 1h or 4h candlestick that closes above 1.4541(the current top for past 3 weeks)....a huge break up may occur...heres a visual of my words

Attachment
Falling back a bit now... Catching its breath
Up or down, gimme a ticket
  • #32,580
  • Sep 21, 2008 10:19pm Sep 21, 2008 10:19pm
Hey EU bulls maybe this week it might make a new monthly high for the month, like GU has been doing for a week now. Only needs a little less than 200 more pips.

Oh and that is against the lowly US$ will all the financial probelms we have.

But then EU bulls if it doesn't happen, what then. What reasons will you rationalize why not.
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