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Cesarnc's market talk, gossips, rumours & fun

  • #12,501
  • Oct 9, 2008 5:46pm Oct 9, 2008 5:46pm
Quoting cesarnc
2 weeks ago I could only think about THIS while preparing some kind of (sick) joke...
At some point, the bottom feeders will come out to play. Historically, OCT/NOV/DEC are the 3 best months of the year for US stocks.
  • #12,502
  • Oct 9, 2008 6:06pm Oct 9, 2008 6:06pm
Quoting falcon232
At some point, the bottom feeders will come out to play. Historically, OCT/NOV/DEC are the 3 best months of the year for US stocks.
At 8,500 bulls won't bother waiting for another 1,500 slump down to 50% off highs discount...
  • #12,503
  • Oct 9, 2008 6:31pm Oct 9, 2008 6:31pm
Trichet is looking at Bernanke and saying to himself: now you made me look like a fool, I just raised interest rates in July and now I have to cut them 50 points.

Plus my 15 or so countries are in chaos, banks blowing up all over the world. So what's next Ben another 50 point cut???

HOLLA

Quoting cesarnc
While you were sleeping

Oct. 9 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke's push for the broadest coordinated interest-rate cut in history started with a weekend of telephone conversations with Jean-Claude Trichet and Mervyn King.
Calling from his Washington office on Oct. 4 and Oct. 5, Bernanke broached the idea with Trichet, the European Central Bank president, and King, the Bank of England governor. The talks culminated Oct. 7 in a conference call where they privately hammered out details of the unprecedented move. Also on the line were central bank chiefs in Canada and Japan.

Twenty-four hours later, the plan came to fruition when policy makers announced half-point reductions aimed at easing the financial crisis. Bernanke's work behind the scenes over those four days illustrates that the ties he's forged with counterparts abroad are helping decisions keep pace with changing economic fortunes.

http://www.bloomberg.com/apps/data?p...d=iHnA_92GqCME


Not that it helped anything.
  • #12,504
  • Oct 9, 2008 6:39pm Oct 9, 2008 6:39pm
Quoting Turtle
Trichet is looking at Bernanke and saying to himself: now you made me look like a fool, I just raised interest rates in July and now I have to cut them 50 points.

Plus my 15 or so countries are in chaos, banks blowing up all over the world. So what's next Ben another 50 point cut???

HOLLA
"Can we move to plan D now, Ben?"
  • #12,505
  • Oct 9, 2008 6:43pm Oct 9, 2008 6:43pm
Quoting cesarnc
"Can we move to plan D now, Ben?"
The question will be, WILL the other countries cut also???

Otherwise, I see HUGE reversals on all USD currencies!!!!

HOLLA
  • #12,506
  • Oct 9, 2008 8:16pm Oct 9, 2008 8:16pm
Cable just lost its 1.7000 to the bear.
Kinda reminds u of "1.43 sooner than u expected??"
Where's soros_jr??
  • #12,507
  • Edited 8:44pm Oct 9, 2008 8:23pm | Edited 8:44pm
Quoting dd33
Cable just lost its 1.7000 to the bear.
Kinda reminds u of "1.43 sooner than u expected??"
Where's soros_jr??


All hell might break loose tomorrow......just another crazy Friday!!

Would not surprise me if the markets don't open on Monday!!!

3-day weekend!!!!!!



HOLLA
  • #12,508
  • Oct 9, 2008 8:47pm Oct 9, 2008 8:47pm
Forget waiting until midnight!!!!!!!

Happy Hours have begun because I feel a 3-day weekend coming up!!

KICK IT!!!!!!!

HOLLA


Quoting DutchTrader
http://www.whoateallthepies.tv/jafsfsafafaas.gif
  • #12,509
  • Oct 9, 2008 10:16pm Oct 9, 2008 10:16pm
The Pound has declared that on Freaky Friday......

It's off and running!!!!

HOLLA
  • #12,510
  • Oct 9, 2008 10:18pm Oct 9, 2008 10:18pm
Quoting ukvipersden
Much like Paulson I suspect; complete tosser
Dammit! We don't need yet another "scary clown"

http://a.media.abcfamily.go.com/abcf...phenkingit.jpg

Quoting cesarnc
Shoot all the clowns, shoot'em all
Right on!

http://www.moonspider.com/images/no-clowns.jpg

... and yes, including this one:

http://z.about.com/d/politicalhumor/...bush_clown.jpg

Watch out for a Dow close below 7500. Significant level, right below the lowest close of 2002 (7591) and 1998 (7539). At that point the "credit bubble gains" of the last decade would be reset.
  • #12,511
  • Oct 10, 2008 1:00am Oct 10, 2008 1:00am
Quoting Turtle
Trichet is looking at Bernanke and saying to himself: now you made me look like a fool, I just raised interest rates in July and now I have to cut them 50 points.

Plus my 15 or so countries are in chaos, banks blowing up all over the world. So what's next Ben another 50 point cut???

HOLLA
yep rate cuts always make the stock market fall, check the link...
Trading is 80% Emotional, 20% Technical
  • #12,512
  • Oct 10, 2008 1:11am Oct 10, 2008 1:11am
Quoting Turtle
Forget waiting until midnight!!!!!!!

Happy Hours have begun because I feel a 3-day weekend coming up!!

KICK IT!!!!!!!

HOLLA
U started to sound like this..

Inserted Video

  • #12,513
  • Oct 10, 2008 1:11am Oct 10, 2008 1:11am
http://www.cnbc.com/id/27097823

We Are Facing an Inflation Holocaust: Jim Rogers
Trading is 80% Emotional, 20% Technical
  • #12,514
  • Oct 10, 2008 2:51am Oct 10, 2008 2:51am
I felt like it would never come

http://www.whoateallthepies.tv/jafsfsafafaas.gif

Dow Futures -300
Just hope they don't drive in Wall Street this way...
  • #12,515
  • Oct 10, 2008 3:05am Oct 10, 2008 3:05am
Maybe he's right...

Markets do not trust the governments' plans to keep struggling banks alive and investors will only calm down when the companies with bad assets are allowed to go bankrupt, legendary investor Jim Rogers, CEO of Rogers Holdings, told CNBC on Friday.

"The way to solve this problem is to let people go bankrupt," Rogers said.

"Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren't sound and we will start over. This is the way the world has worked for a few thousand years."

(...)

People should not look to the upcoming G7 meeting with the hope that the leaders of the strongest economies will find a solution.
"What they (G7 leaders) need to do is go down the bar and leave the rest of us alone," Rogers said.
  • #12,516
  • Oct 10, 2008 4:18am Oct 10, 2008 4:18am
World economy is completely fuc***, and Gordon Brown is talking about heating bills and wrapping up warm
  • #12,517
  • Edited 5:02am Oct 10, 2008 4:39am | Edited 5:02am
Global crisis claims another victim.

http://www.comedy-zone.net/pictures/...s/celeb020.jpg
  • #12,518
  • Oct 10, 2008 6:23am Oct 10, 2008 6:23am
5 min to the next selloff

http://itchmo.com/wp-content/uploads...lt-512x381.jpg
  • #12,519
  • Oct 10, 2008 6:30am Oct 10, 2008 6:30am
You should have seen the faces of the crowd ringing the opening bell now..

-200 in 2 min

And extra -100 in the following minute... LOL...
  • #12,520
  • Oct 10, 2008 6:39am Oct 10, 2008 6:39am
Quoting cesarnc
You should have seen the faces of the crowd ringing the opening bell now..

-200 in 2 min

And extra -100 in the following minute... LOL...

Google says, 1300 points.

OH FUCK!

Economist!
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