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Cesarnc's market talk, gossips, rumours & fun

  • #15,241
  • May 22, 2009 4:29am May 22, 2009 4:29am
http://www.whoateallthepies.tv/jafsfsafafaas.gif

  • #15,242
  • May 22, 2009 4:36am May 22, 2009 4:36am
Quoting chonchy
More Proof China Wants to Sink the Dollar…This Time in Brazil

Last week, we heard about how China had passed the U.S. as the number one trade partner of Brazil. Now, I'm hearing about how Brazil and China are in discussions to form a currency swap line, just like the one China signed with Argentina two weeks ago.
True. Our government is working hard on this. The main problem is that our currency real is a carry trade and USDBRL is posting big swings for quite some time...

Within a year we saw USDBRL 2.20 -> 2.00 -> 1.80 -> 1.55 -> 1.80 ->2.00 ->2.30 -> 2.50 -> 2.20 - 2.00 (as of now).

As an extremely-dependent-on-export GDP like ours (read elections, taxes), swings like this make the export company's life one living hell.

As China was growing to become our #1 importer, why subject those 2 economies to the mood of the dollar?

And now with Bernie's press at full throttle, the last thing an exporter wants is a weak dollar.
  • #15,243
  • May 22, 2009 4:43am May 22, 2009 4:43am
http://www.worldcurrencywatch.com/
The Chonchy
  • #15,244
  • Edited 8:35am May 22, 2009 4:59am | Edited 8:35am
Quoting cesarnc
True. Our government is working hard on this. The main problem is that our currency real is a carry trade and USDBRL is posting big swings for quite some time...

Within a year we saw USDBRL 2.20 -> 2.00 -> 1.80 -> 1.55 -> 1.80 ->2.00 ->2.30 -> 2.50 -> 2.20 - 2.00 (as of now).

As an extremely-dependent-on-export GDP like ours (read elections, taxes), swings like this make the export company's life one living hell.

As China was growing to become our #1 importer, why subject those 2 economies to the mood of the dollar?

And now with Bernie's...
Cesar the way i see it its all BS, big pupu man the same ppl that put politicians in washington are the owners of the big exporters of china product to the world, close the import of china product or raise the import duty and there you have jobs, jobs is salaries, salaries is economy, no job no economy, the china ppl don't come here to spend money, is keep there, why I have to buy a sandal made in china if i can fabricate it here, and create jobs, so ppl have money to buy the sandal, at this rate the dollar is not going to buy the sandal, so why the ship labor bull of big corps leaving offshore for ship labor, lower taxes and this companies stay here raise import taxes and this companies can produce, trow away bernie out of here and print our own money, ah because bernie call his employer and we have the mercenaries here again like when the first time bernie was fired, oh sh%@t cesar I got to go I got some agents here at the door they want to ask me some questions about my green card, sorry later bye
The Chonchy
  • #15,245
  • May 22, 2009 7:45am May 22, 2009 7:45am
It's Friday... get your kids and your pips off the streets.

They're coming...

They're closer than you think...

April 2, 2009...
Quoting soros_junior
I believe that EU is rallying towards 1.6000 in the next few weeks
Hmmmnnn... Only another 2000 pips and the kid will have it...

Then we'll have to take it all back

From today...
Quoting WedWed
i feeling to reach 1.6 today too .. but its just feeling ..

my friend any thing may happen...
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OMG!! ANYTHING COULD HAPPEN!!!
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FUBAR...
  • #15,246
  • May 22, 2009 7:58am May 22, 2009 7:58am
Quoting chonchy
!and who's bailing me out ah! who is bailing me out, that's what I want to know!
FFPA is bro...Forex Factory Pensioneers Association...
Imanuel Parsifal
  • #15,247
  • May 22, 2009 8:02am May 22, 2009 8:02am
Quoting sycho
FFPA is bro...Forex Factory Pensioneers Association...
The Chonchy
  • #15,248
  • May 22, 2009 8:08am May 22, 2009 8:08am
Quoting ak4x
It's Friday... get your kids and your pips off the streets.

They're coming...

They're closer than you think...

April 2, 2009...

Hmmmnnn... Only another 2000 pips and the kid will have it...

Then we'll have to take it all back

From today...

OMG!! ANYTHING COULD HAPPEN!!!
One thing is for sure: something will happen.

EUR 1.60 today? You will play with a cow kite before that happens...

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  • #15,249
  • May 22, 2009 8:12am May 22, 2009 8:12am
the eur/usd tread has become a circus, no one know where they are going they just going, some times I think indecition in the market is cause by the eur/usd tread, I mean if I'm exagerating let me know
The Chonchy
  • #15,250
  • May 22, 2009 8:16am May 22, 2009 8:16am
Just got back from a store that was (supposed to) selling my clothes...

Turns out, they are selling no-a-thing. Mine or any other company's...

So here's the deal: the street is awful, only passing cars but you never see people walking by.

Even in this condition, the store has no parking lot. Has no signs out of it, has a poor show window, makes no advertisement and the owners are always looking frowned...

But the reason they give me for the lousy performance - guess what???

THE CRISIS!!! Oh, everybody has a nice excuse today to justify their incompetence...

Just venting here, sorry. Nothing to do until the beer reaches 3ºC in the fridge...
  • #15,251
  • May 22, 2009 8:19am May 22, 2009 8:19am
ak4x do you realy think we will get to 1.60 this year? I mean the way I see it, it could go to 2.50 if china decide to do with europe, what they are doing with brazil, maybe just for the fun of it, they distroy the poor dollar, oh well I don't have any anyways, I convert all my dollars in chavitos, is the cuban currency, castro being a good friend of the chinese, I don't douth even the cuban peso will be stronger than the dollar in the near future
The Chonchy
  • #15,252
  • May 22, 2009 8:20am May 22, 2009 8:20am
Quoting chonchy
the eur/usd tread has become a circus, no one know where they are going they just going, some times I think indecition in the market is cause by the eur/usd tread, I mean if I'm exagerating let me know
Bro..what do you expect there..one blind newbie leading the other..everyone giving trade call and is a pro..more like asking a bat in the afternoon for direction's
Imanuel Parsifal
  • #15,253
  • May 22, 2009 8:25am May 22, 2009 8:25am
at least the cars are passing with ppl inside, yesterday I saw a car pass by my house with no body inside, that is how the crissis is afecting my town, it looks like a gost town with no gosts, even the gosts are inside their houses so they don't have to spendtalk about consumer confidence
The Chonchy
  • #15,254
  • May 22, 2009 8:28am May 22, 2009 8:28am
Quoting sycho
Bro..what do you expect there..one blind newbie leading the other..everyone giving trade call and is a pro..more like asking a bat in the afternoon for direction's
I read the other day a guy was opening a signal giver site and when I look the number of vouches it had 3 posts, member since May 22-2012 sorry 09
The Chonchy
  • #15,255
  • May 22, 2009 8:30am May 22, 2009 8:30am
Quoting chonchy
at least the cars are passing with ppl inside, yesterday I saw a car pass by my house with no body inside, that is how the crissis is afecting my town, it looks like a gost town with no gosts, even the gosts are inside their houses so they don't have to spendtalk about consumer confidence
Bro that sound lovely,in my city i see people carring there car on there head,when asked they say y! waste money,if the car carries them they pay xtra for gas,but if they carry the car,they save on gas..so come on life too short...no wonder everyone is thinking of moving to frisco..just put the car on the slope,no need to start the engine......
Imanuel Parsifal
  • #15,256
  • May 22, 2009 8:32am May 22, 2009 8:32am
the tread dosen't get out of the first place in the interactive trading and you think is a great discussion and when you go it looks like the ok corral, smoke and all coming from the side, and is two kids fighting for the euro to go some where
The Chonchy
  • #15,257
  • May 22, 2009 8:39am May 22, 2009 8:39am
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ak I love this guy, by the way have you see the new mexican peso


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The Chonchy
  • #15,258
  • May 22, 2009 8:50am May 22, 2009 8:50am
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The Chonchy
  • #15,259
  • May 22, 2009 8:53am May 22, 2009 8:53am
Quoting chonchy
I read the other day a guy was opening a signal giver site and when I look the number of vouches it had 3 posts, member since May 22-2012 sorry 09
last time i tried introducing some sence there,it was like trying to polish a swine,and teach pigs personal hygene..it's a no go area...can't imagine if the true fate of e/u was determined what a bizzare it would have been,i would have just relocate and join cesarnc,picking and shooting nuts at brazillian monkeys..lol...
Imanuel Parsifal
  • #15,260
  • May 22, 2009 8:59am May 22, 2009 8:59am
I mean cesar don't you think we can build our own sandals here in the US

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The Chonchy
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