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  • #103,381
  • May 31, 2009 8:34pm May 31, 2009 8:34pm
Quoting bagoomba
I am taking my 15 pips and going home until we cross 4160...
15 pips and your laughing at me? I got 35 + ..mayday..mayday...
  • #103,382
  • May 31, 2009 8:34pm May 31, 2009 8:34pm
I think we're gonna retest 4130. Volume down,...
  • #103,383
  • May 31, 2009 8:39pm May 31, 2009 8:39pm
Quoting bagoomba
I think we're gonna retest 4130. Volume down,...
And then head to 4200
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  • #103,384
  • May 31, 2009 8:39pm May 31, 2009 8:39pm
Quoting bagoomba
You're right. It has nothing to do with the fact that the Fed is losing it's a## on the distressed mortgages it bought.
Fed doesn't buy mortgages on Sunday.
I'll just have to wait and see.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #103,385
  • May 31, 2009 8:41pm May 31, 2009 8:41pm
Quoting KillerWhale
Fed doesn't buy mortgages on Sunday.
I'll just have to wait and see.
I like people that argue with me!
  • #103,386
  • May 31, 2009 8:50pm May 31, 2009 8:50pm
Quoting bagoomba
I like people that argue with me!
LOL
You're welcome.
Fortunately most of my arguments have turned out the better.
But I'm not sure about this one.
The next couple of hours will give the clue.

I'm off to the liquor store.

See you guys back in 30 minutes or so.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #103,387
  • May 31, 2009 8:52pm May 31, 2009 8:52pm
hi is that posible trend back down less then 1.4098
  • #103,388
  • May 31, 2009 8:52pm May 31, 2009 8:52pm
Quoting bagoomba
I like people that argue with me!
Close, the Fed is monetizing the US debt.
  • #103,389
  • May 31, 2009 8:57pm May 31, 2009 8:57pm
Quoting Elghoz
hi is that posible trend back down less then 1.4098
Depends... Eventually it will, but I think we're gonna see at least 4175 first.
  • #103,390
  • May 31, 2009 9:02pm May 31, 2009 9:02pm
Quoting Elghoz
hi is that posible trend back down less then 1.4098
Everything is possible my child.....OHMMMMM!!!!!........We are just a part of a big scenario...OHMMMMMMM!!!!!.....
  • #103,391
  • May 31, 2009 9:04pm May 31, 2009 9:04pm
dont count on it yet-eventually yes-not soon-we may be going to visit 4700 now.

Are you short?

Quoting Elghoz
hi is that posible trend back down less then 1.4098
Its all in the mind.
  • #103,392
  • May 31, 2009 9:04pm May 31, 2009 9:04pm
Quoting KillerWhale
LOL
You're welcome.
Fortunately most of my arguments have turned out the better.
But I'm not sure about this one.
The next couple of hours will give the clue.

I'm off to the liquor store.

See you guys back in 30 minutes or so.
HEY!! bring me some Beer..my liquor store was closed..I start feeling reality coming closer....
  • #103,393
  • May 31, 2009 9:10pm May 31, 2009 9:10pm
Quoting Rednose
HEY!! bring me some Beer..my liquor store was closed..I start feeling reality coming closer....
OKAY just going now. Heineken okay? That's my favorite when it comes to beer.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #103,394
  • May 31, 2009 9:13pm May 31, 2009 9:13pm
China's PMI better than expected....more USD sell off
Geithner buttering Chinese economists ....more USD sell off.

We're doomed
  • #103,395
  • May 31, 2009 9:14pm May 31, 2009 9:14pm
Quoting 5abi
dont count on it yet-eventually yes-not soon-we may be going to visit 4700 now.

Are you short?
4700, really? Wow, that's a bold prediction! I'd be tempted to lay odds of 4000 before 4700.
  • #103,396
  • May 31, 2009 9:14pm May 31, 2009 9:14pm
Good night fellows...I´m going down it´s late in Europe..tomorrow is holliday but I still need some sleep....Knuck: your the best!
Shamu: It was really nice to talk to you
Chicky: keep on the good work!!

All others: good luck!!! and lots of pips!!

See you later!
  • #103,397
  • May 31, 2009 9:16pm May 31, 2009 9:16pm
I'm out for the night. Good luck all, cuz ya won't be gettin' my pips! HAHAHAHA.
  • #103,398
  • May 31, 2009 9:20pm May 31, 2009 9:20pm
Quoting Elghoz
hi is that posible trend back down less then 1.4098
Sorry El, it took me half an hour to figure it out. I think yes, it may go to 1.4098 and below. But this is just my view based on PA reading, form your own opinion.
The Thief of Wall Street
  • #103,399
  • May 31, 2009 9:21pm May 31, 2009 9:21pm
bold yes, but the real question is do I favor a 3500 from here or a 4700? I think the answer should be clear for everyone. Buy the dips-and make some pips. for those who want to short it here yet, please re-think where it "might" be going. No shorts. Not Yet.

Quoting bagoomba
4700, really? Wow, that's a bold prediction! I'd be tempted to lay odds of 4000 before 4700.
Its all in the mind.
  • #103,400
  • May 31, 2009 9:30pm May 31, 2009 9:30pm
entering a new short position at 1.4185
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