Rourke is back, too 
Nothing like a good Friday the 13th
Nothing like a good Friday the 13th
Cesarnc's market talk, gossips, rumours & fun
- #14,581
- Mar 13, 2009 5:35am Mar 13, 2009 5:35am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #14,582
- Mar 13, 2009 5:52am Mar 13, 2009 5:52am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #14,583
- Mar 13, 2009 5:56am Mar 13, 2009 5:56am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Looks like the SNB may have started a currency war by intervening.
If this currency war happens and other central banks start intervening then thats going to make the next few months very, very interesting
The Swiss National Bank moved to weaken the Swiss franc on Thursday, the first time a big central bank has intervened in the foreign exchange markets since Japan sought to weaken the yen in 2004.
The bank’s move, which sparked fears that other countries could follow suit, comes as the value of the Swiss franc has soared as investors seek a haven from the recent market turmoil. In October, after the collapse of Lehman Brothers, it rose to a record high of about SFr1.43 against the euro, a level it has come close to again in recent weeks.
But it fell to its lowest level this year on Thursday after the SNB said the currency’s strength represented an “inappropriate tightening of monetary conditions” as it battled against a slowdown in the Swiss economy.
“In view of this development, the SNB has decided to purchase foreign currency on the foreign exchange market to prevent any further appreciation of the Swiss franc against the euro,” the central bank said.
.
http://media.ft.com/cms/b647c62a-0f7...00779fd2ac.gifAnalysts said the move was likely to increase talk that countries were set to engage in a bout of competitive devaluation.
“Let the currency wars begin,” said Chris Turner at ING Financial Markets.
If this currency war happens and other central banks start intervening then thats going to make the next few months very, very interesting
The Swiss National Bank moved to weaken the Swiss franc on Thursday, the first time a big central bank has intervened in the foreign exchange markets since Japan sought to weaken the yen in 2004.
The bank’s move, which sparked fears that other countries could follow suit, comes as the value of the Swiss franc has soared as investors seek a haven from the recent market turmoil. In October, after the collapse of Lehman Brothers, it rose to a record high of about SFr1.43 against the euro, a level it has come close to again in recent weeks.
But it fell to its lowest level this year on Thursday after the SNB said the currency’s strength represented an “inappropriate tightening of monetary conditions” as it battled against a slowdown in the Swiss economy.
“In view of this development, the SNB has decided to purchase foreign currency on the foreign exchange market to prevent any further appreciation of the Swiss franc against the euro,” the central bank said.
.
http://media.ft.com/cms/b647c62a-0f7...00779fd2ac.gifAnalysts said the move was likely to increase talk that countries were set to engage in a bout of competitive devaluation.
“Let the currency wars begin,” said Chris Turner at ING Financial Markets.
Just Trade It
- #14,584
- Mar 13, 2009 5:58am Mar 13, 2009 5:58am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Nice way to jinx a Friday the 13th.
And its all YOUR FAULT.
You just had to do it didn't you?
Just Trade It
- #14,585
- Mar 13, 2009 6:27am Mar 13, 2009 6:27am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Nice way to jinx a Friday the 13th.
And its all YOUR FAULT.
You just had to do it didn't you?
- #14,586
- Mar 13, 2009 7:40am Mar 13, 2009 7:40am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #14,587
- Mar 13, 2009 8:35am Mar 13, 2009 8:35am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Jon just didn't handcuff Cramer and call him his bitch. The rest, he did..
- #14,588
- Mar 13, 2009 9:17am Mar 13, 2009 9:17am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
i think it was posted somewhere in FF, if not even in this thread
http://www.youtube.com/watch?v=7uSlqI1AVUk
- #14,589
- Mar 13, 2009 9:48am Mar 13, 2009 9:48am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #14,590
- Mar 13, 2009 9:53am Mar 13, 2009 9:53am
- Joined Nov 2007 | Status: Trying manual mode again | 2,210 Posts
Inserted Video
- #14,591
- Mar 13, 2009 2:53pm Mar 13, 2009 2:53pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Right at the end of "The good old times are back week"......
http://img.terra.com.br/i/2009/02/20...5333-atm14.jpg
http://img.terra.com.br/i/2009/02/20...7854-atm14.jpg
Nice weekend everybody!!!
http://www.forexfactory.com/attachme...1&d=1236940521
http://img.terra.com.br/i/2009/02/20...5333-atm14.jpg
http://img.terra.com.br/i/2009/02/20...7854-atm14.jpg
Nice weekend everybody!!!
http://www.forexfactory.com/attachme...1&d=1236940521
- #14,592
- Mar 13, 2009 10:48pm Mar 13, 2009 10:48pm
Right at the end of "The good old times are back week"......
http://img.terra.com.br/i/2009/02/20...7854-atm14.jpg
- #14,593
- Mar 14, 2009 6:32am Mar 14, 2009 6:32am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
can anyone say tranny.. .look @ those man hands...
- #14,594
- Mar 14, 2009 6:44am Mar 14, 2009 6:44am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #14,595
- Mar 14, 2009 12:36pm Mar 14, 2009 12:36pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #14,596
- Mar 15, 2009 7:39am Mar 15, 2009 7:39am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Next week should be interesting Is the bottom put, or is this a Bear market rally.
Bottom, Bottom, Bottom.
http://imagecache2.allposters.com/im...elf-Poster.jpg
Is the bottom put, or is this a Bear market rally.Bottom, Bottom, Bottom.
http://imagecache2.allposters.com/im...elf-Poster.jpg
Just Trade It
- #14,597
- Mar 15, 2009 10:02am Mar 15, 2009 10:02am
- Joined Feb 2006 | Status: Pips Pod... | 1,611 Posts
new setup. never miss a trade 
- #14,598
- Mar 15, 2009 10:12am Mar 15, 2009 10:12am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
new setup. never miss a trade
- #14,599
- Mar 15, 2009 10:16am Mar 15, 2009 10:16am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Next week should be interesting
Bottom, Bottom, Bottom.
http://imagecache2.allposters.com/im...elf-Poster.jpg
- #14,600
- Mar 15, 2009 2:22pm Mar 15, 2009 2:22pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Your lips move, but all I can hear is put, bottom and beer....
Did I say something else???
Just Trade It