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Cesarnc's market talk, gossips, rumours & fun

  • #14,441
  • Mar 3, 2009 7:47pm Mar 3, 2009 7:47pm
Quoting cesarnc
Funny was the start of the report?

"IT COULD have put an end to our worries about the economy and those sharks at Sydney beaches."

maybe we should use all this bailout money, and just buy an asteroid and point it for wall st.

might as well give it a go, we have tried everything else...
  • #14,442
  • Mar 4, 2009 12:54am Mar 4, 2009 12:54am
HAHAHA!

It's good to see you're still in action cesar! Just stopping by to say hello to the veterans of the world's market crash. We've seen the tops and the bottoms these past years on this forum, so it's been quite a special time I spent here. How's everything? From the last page alone, I can see Brazil is doing just fine and I am not worried about you at all.

I'm also checking in to see how traders/commentators/cowboys are handling the insurance crisis. How did people move in response to the biggest loss in history? It's just worth noting if for the curiosity alone, since we probably can't learn much from an event that happens once every 100 years (and maybe never again). I've been out of market for months (trying to graduate). Hope you're still kicking ass.




Quoting cesarnc
There was a boy playing in the farm field when his mom called him in for breakfast. On his way in he kicked a cow, pig and a chicken. When he got to the table he saw a dry bowl of cereal.

"What's the deal?" he asks.

His mom says: "You kicked the cow, so no milk for you; you kicked the pig, so no bacon for you; and you kicked the chicken, so no eggs for you."

Then his father walks into the kitchen and accidentally kicks the cat.

The boy turns to his mother and says: "Do you want me to tell him or should you?"



Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #14,443
  • Mar 4, 2009 3:52am Mar 4, 2009 3:52am
Quoting Plutonite
HAHAHA!

It's good to see you're still in action cesar! Just stopping by to say hello to the veterans of the world's market crash. We've seen the tops and the bottoms these past years on this forum, so it's been quite a special time I spent here. How's everything? From the last page alone, I can see Brazil is doing just fine and I am not worried about you at all.

I'm also checking in to see how traders/commentators/cowboys are handling the insurance crisis. How did people move in response to the biggest loss in history? It's just worth...
Yo Pluto, nice to have you around...

I'm here... just waiting for the market's reversal

http://gizmodo.com/assets/resources/...n-computer.jpg
  • #14,444
  • Mar 4, 2009 3:56am Mar 4, 2009 3:56am
This is funny .. F*ing genie...

One evening a drunk walks into a bar, sits down and happens to notice a 12-inch tall man standing a few feet away from him. Astonished, the man asks the guy next to him: "What the hell is that?"

The guy replies: "He's a pianist!"

"No way," the drunk says, "You're pulling my leg"

So, the guy next to him picks up the 12-inch man, grabs some books, and props the little man up to the piano. Sure enough, this little man starts hammering out all the favorite tunes of the bars' patrons.

"That guy is great," the drunk says. "Where did you get him"?

The man told the drunk how he had found a genie bottle out in the alley, rubbed it until a genie appeared, and was granted one wish.

Inspired by the story, the drunk runs out the back door, finds the bottle, and starts rubbing it. When the genie finally pops out the drunk says: "I wish for a million bucks." All of a sudden, the sky turns black and overhead a million ducks come flying overhead crapping all over him. Angrily, the drunk runs back inside, slams the door and begins cursing.

"You bastard," he says. "I found that genie bottle and wished for a million bucks and all of a sudden a million ducks appeared and started crapping all over my new suit."

The man started laughing and wildly exclaimed: "You don't really think I wished for a 12 inch pianist do you?"
  • #14,445
  • Mar 4, 2009 3:57am Mar 4, 2009 3:57am
Just finished reading Dr Elder's book bout Entries and Exits..
Got interested on his interviews with one of the money managers at a brokerage company. He said that his company had a "trader's position consensus" and took the opposite position when the consensus goes to the extreme level. And since 95% of traders are wrong.. guess what's the results?

How bout we do the similar thing by going back to our "old thread" and see the consensus there.. wonders... lol

PS: Nice to have u drop by plutonite..
  • #14,446
  • Mar 4, 2009 4:12am Mar 4, 2009 4:12am
Just finished reading "Inside Steve's Brain" about Steve Jobs. Remarkable...
  • #14,447
  • Mar 4, 2009 4:52am Mar 4, 2009 4:52am
Quoting cesarnc
Just finished reading "Inside Steve's Brain" about Steve Jobs. Remarkable...
stay foolish, stay hungry.

A remarkable man.
  • #14,448
  • Mar 4, 2009 5:04am Mar 4, 2009 5:04am
Quoting cesarnc
They say Nostradamus predicted the "end of the world" for December, 2012, same date predicted by the Mayans, whom, of course, he never met.

Which makes it creepy.

Can you I=M=A=G=I=N=E the amount of money some churches are gonna make by Sep-2012 to Dec 2012?

"Jesus is openning the heaven's door for the poor only!!! Get rid of everything you have... Wire to Cayman Bank acc #54366-445"
lol, poppey cock.
Probability Professor
  • #14,449
  • Mar 4, 2009 5:33am Mar 4, 2009 5:33am
My country is a BITCH - period...

Look how crazy this is. I have a small business and according to our laws, as long as I have annual revenues below R$ 2.4 million, I have special low taxes, right?

Now, if I start another company then I won't have the benefit for any of them.

That means, if I have a R$ 2.3 million a year company, I'm a small business...

But if I have two - say - R$ 100,000 companies, I'm a huge conglomerate.

And then our government trashes our people saying we should be more entrepreneurs...
  • #14,450
  • Mar 4, 2009 6:58am Mar 4, 2009 6:58am
Quoting cesarnc
Just finished reading "Inside Steve's Brain" about Steve Jobs. Remarkable...
is it as good as iCon?? i've read iCon but havent read that one. what do u think c??
  • #14,451
  • Mar 4, 2009 7:53am Mar 4, 2009 7:53am
Quoting dd33
is it as good as iCon?? i've read iCon but havent read that one. what do u think c??
Just learned about iCon recently, but it's kind of expensive here for a book: R$ 95.00. I think that it's because it's imported, not available in Portuguese yet. But I'm going to buy it anyway.

I got interested in Jobs because of a friend of mine that happens to be such an enthusiastic fan of his. And as I have her as a very, very intelligent woman, I decided to know a little more about Jobs...

Turns out, this book was really nice to show how his mind works. He doesn't try to invent the wheel or something. He just "steves" how things are done.

First iPod, for instance, was nothing but components of other companies put together. Then came in Steve Style and you know the rest of the story.

His way of thinking could be a new model for this time of crisis, I think. Although we are not facing a huge crisis here, people are so afraid that they are making stupid things.

For instance, some retail stores I sell my clothes to are slashing prices in crazy promotions and they (are trying to) force me to do the same.

The problem is: most of those stores were not doing so well before the crisis, not because of their prices, but because they lack of good moviment in their stores... So slashing prices not only won't save the problem as it will make it worse - those stores are slashing revenues!!!!! They have to bring people in, not slash prices...

Before learning about this book, I was constantly thinking "I have to think different if I want to survive this mess" LOL... After a few days of thinking that, I found the book about Steve purely accidentally while browsing through a virtual store...
  • #14,452
  • Mar 4, 2009 7:58am Mar 4, 2009 7:58am
And for the records - before some angry Bill fan pops in:

Steve Jobs is not a magic guy or a God or anything. He just works his ass off, bring the best people in to fill in his deficiencies and kicks ass around the clock to get things done. Compulsively...

If there is a lesson is this book is: Pick a path, stick to it and kick ass around the clock so you will get there.
  • #14,453
  • Mar 4, 2009 8:06am Mar 4, 2009 8:06am
Back to business.

ADP shows -700K jobs for February.... It's a proven lousy indicator but Friday's NFP should be interesting
  • #14,454
  • Mar 4, 2009 8:43am Mar 4, 2009 8:43am
Quoting cesarnc
And for the records - before some angry Bill fan pops in:

If there is a lesson is this book is: Pick a path, stick to it and kick ass around the clock so you will get there.


Good summary...
FUBAR...
  • #14,455
  • Mar 4, 2009 1:12pm Mar 4, 2009 1:12pm
March 4 (Bloomberg) -- The proposed tax increase on stocks and derivatives trading that is intended to help pay for the Wall Street bailout would have a “severe impact” on investors

http://www.bloomberg.com/apps/news?p....4I&refer=home
  • #14,456
  • Edited 1:43pm Mar 4, 2009 1:28pm | Edited 1:43pm
Quoting ak4x


Good summary...


But if you think about it, it's indeed a good summary. Jobs is not "gifted by God" or anything. He just works - A LOT. The M'Fer don't even has brilliant ideas that often... The ideas that turn out to be brilliant are results of the working process.

Of course he's not a dumbass.

So if you're not a dumbass, have an idea and are willing to work A LOT (which 95% of people aren't) than you might get somewhere...

For example: I doubt that someday we will see a book about how a trader made his first billion taking 3-months-skiing vacation drinking cheap wine...
(...unless EURUSD goes down to 0.2000 in the next few weeks )
  • #14,457
  • Mar 4, 2009 1:33pm Mar 4, 2009 1:33pm
Quoting emda
March 4 (Bloomberg) -- The proposed tax increase on stocks and derivatives trading that is intended to help pay for the Wall Street bailout would have a “severe impact” on investors
I don't think so... What is another fart when it's all shitted out ?
  • #14,458
  • Mar 5, 2009 4:05am Mar 5, 2009 4:05am
Ronaldo back to business yesterday

http://img.terra.com.br/i/2009/03/05...32-9184-ga.jpg

http://img.terra.com.br/i/2009/03/05...37-8488-ga.jpg

Played for 30 min only..
  • #14,459
  • Mar 5, 2009 7:48am Mar 5, 2009 7:48am
An engineer dies and reports to the pearly gates. Saint Peter checks his dossier and, not seeing his name there, accidentally sends him to Hell.

It doesn't take long before the engineer becomes rather dissatisfied with the level of comfort in Hell. He soon begins to design and build improvements.

Shortly thereafter, Hell has air conditioning, flush toilets and escalators. Needless to say, the engineer is a pretty popular guy.

One day, God calls Satan and says with a sneer: "So, how are things in Hell?"

Satan replies: "Hey, things are going great. We've got air conditioning, flush toilets and escalators. And there's no telling what this engineer is going to come up with next."

"What!" God exclaims. "You've got an engineer? That's a mistake -- he should never have been sent to Hell. Send him to me."

"Not a chance!" Satan replies. "I like having an engineer on the staff, and I'm keeping him!"

God insists: "Send him back or I'll sue."

Satan laughs uproariously and answers: "Yeah, right. And where are you going to get a lawyer?"



  • #14,460
  • Mar 5, 2009 12:47pm Mar 5, 2009 12:47pm
With this you can buy more than 1 share of Citi today

http://www.coinfacts.com/silver_doll...dollar_rev.jpg

With this, you can own the damn bank

http://www.istockphoto.com/file_thum...-the-woman.jpg
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