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  • #106,941
  • Jun 6, 2009 11:11pm Jun 6, 2009 11:11pm
Quoting KillerWhale
I am in El Paso TX at the moment. A few hours ago I was in east EP and went into a grocery story to buy some basics, water, fruit and ready to eat chicken wings.
I tried my credit card ...not accepted, debit card ... not accepted. Then I tried to pay with a $20 bill.
They couldn't give me change for my $5.56 charge.
I talked to the manager, and this lady told me that they don't handle cash very well because 95% of their customers pay with food stamps and the other 5% have cash but maximum 5 dollar bills.
I got tears in my eyes, I didn't know about...
You...are...

Serious?

Is it because it was a less favorable part of town? Not that I doubt what you're saying, just that I have a hard time getting my head around it.
Not all sins are created equal
  • #106,942
  • Jun 6, 2009 11:24pm Jun 6, 2009 11:24pm
Quoting KillerWhale
I am in El Paso TX at the moment. ......It's a strange world.

Shamu
Hey,

Sounds like you just saw a little excerpt from, "How the other half lives".
And these are likely some of the fortunate ones, because they get those food stamps.
A couple hours away, over the Texas border, in small mexican villages scattered thru the territory,
they've got no stamps, no $20 dollar bills, no chicken wings, maybe even no food at home.

Plus alot of other "we don't haves" that we take for granted every day.

A little further down the ladder, in countries even less fortunate than that,
there are places without any clean water. Diseases usually flourish in these domains
and children die from causes we all thought were erraticated generations ago.

You and I are among some of the luckiest human beings alive on earth today.
Both historically and now/today, we belong to an elite group of only a few percent of the world population
that can have just about anything we need and/or want almost instantly.

I don't know the exact ratio, but the "have-nots" far out number us by several to one.

Good night and thank who ever you give thanks to that we are, by far, among the truly fortunate.
  • #106,943
  • Jun 6, 2009 11:27pm Jun 6, 2009 11:27pm
Quoting toshi
Hey,

Sounds like you just saw a little excerpt from, "How the other half lives".
And these are likely some of the fortunate ones, because they get those food stamps.
A couple hours away, over the Texas border, in small mexican villages scattered thru the territory,
they've got no stamps, no $20 dollar bills, no chicken wings, maybe even no food at home.

Plus alot of other "we don't haves" that we take for granted every day.

A little further down the ladder, in countries even less fortunate than that,
there are places without any...
Funny how we take it all for granted.
Not all sins are created equal
  • #106,944
  • Jun 6, 2009 11:36pm Jun 6, 2009 11:36pm
Granted, it's a strange world.

And it is getting stranger every day, specially on weekends.
Traders are smartasses
  • #106,945
  • Jun 6, 2009 11:44pm Jun 6, 2009 11:44pm
Quoting ak4x
Attachment

Astonishingly Excellent post...
[...]

I NEVER dreamed at the time we'd see 2000 pips below the current price at posting, just getting back to the chart lows seemed a stretch at the time.

I'm much more flexible these days. Again, very well done...

Thank god for the edit post option uh?

Triple witching friday coming up this month by the way!
Traders are smartasses
  • #106,946
  • Jun 6, 2009 11:46pm Jun 6, 2009 11:46pm
Quoting Jay Walker
Funny how we take it all for granted.
Jay and Toshi, yes we take it all for granted.
We must be the luckiest people in the universe.
And of course I know that on the other side of the border (Juarez) it is much worse, and yes they don't have food stamps nor health care systems and earned income credit and child tax credit like we do.
You just don't see that every day the way I saw it today. Maybe thats why we can live with it?
I have to do some serious thinking about the charitable givings on my tax return.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #106,947
  • Jun 6, 2009 11:58pm Jun 6, 2009 11:58pm
Back to trading,
GAP up to 1.4050 tomorrow?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #106,948
  • Edited 12:57am Jun 7, 2009 12:40am | Edited 12:57am
Quoting KillerWhale
Back to trading,
GAP up to 1.4050 tomorrow?

- Wait, wait, one last thing about the "world is starving" topic.
(and then, of course, we gotta get back to the gap topic)

I know you're a bookkeeper and may see some of this "enlightening experience"
thru the eyes of a bookkeeper (i.e., no tax credits & so forth) as well as
a fellow human being.

But, on the flip side of this argument, If one were to live among these folks for a good while,
eat what they eat and live like they live and do the things they do, you would be equally moved
at the how resilient the human spirit is and how resourceful these people are.

Some of them don't even realize they are poor. Not just flat-ass broke, but poverty sticken.
They really don't know that there's a place a few hours away that you can
have anything you want however and whenever you want and that such a world exists outside their own world.
And so, they are thankful. Thankful to be alive, if only for that reason.
They are grateful. Grateful for what they DO have, without regard for what they do not.

That should pull at your conscious a bit stronger. I know it makes me feel alot of mixed emotions.

Some tax-deductable contribution to some 501(c)(3) would not have the weight
and the gravity that performing certain acts one's ownself would hold.
Acts such as helping someone find themselves, so that one day they can do the same for others.

The charity sounds good and I know your heart is in the right place.
You peeled off that 20 because you wanted to help.

You saw the whole sad situation and were just wanting to hopefully help somebody.
Here's something that might help you accomplish your goal to help:

You can't give greater than to give of yourself. Think about it.


Okay.........back to the GAP !!!!

139 open and retrace to 140 before another down leg....
  • #106,949
  • Jun 7, 2009 12:54am Jun 7, 2009 12:54am
Seriously... before I'd give any $$ to a large nonprofit where I didn't know what their overhead was, I'd look into this about micro loans...

It's an amazing concept and given the current banking scenarios, may be a portent of things to come. The concept, history, and performance of this thing is fascinating. Read some of the testimonials if you dare...

Where you gonna get that kind of mileage out of a $100 anywhere else?
FUBAR...
  • #106,950
  • Jun 7, 2009 1:05am Jun 7, 2009 1:05am
Quoting toshi
- Wait, wait, one last thing about the "world is starving" topic.
(and then, of course, we gotta get back to the gap topic)

I know you're a bookkeeper and may see some of this "enlightening experience"
thru the eyes of a bookkeeper (i.e., no tax credits & so forth) as well as
a fellow human being.

Okay.........back to the GAP !!!!

139 open and retrace to 140 before another down leg....
Hmmm I don't like the term "bookkeeper" coz bookkeeping is what I hate the most when it comes to my work.
I would feel more comfortable with Treasury Analyst and Tax Advisor.
But who cares, I'm still going for 1.4050 as the high for Sunday, unless proven wrong.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #106,951
  • Jun 7, 2009 1:06am Jun 7, 2009 1:06am
Quoting ak4x
Seriously... before I'd give any $$ to a large nonprofit where I didn't know what their overhead was, I'd look into this about micro loans...

It's an amazing concept and given the current banking scenarios, may be a portent of things to come. The concept, history, and performance of this thing is fascinating. Read some of the testimonials if you dare...

Where you gonna get that kind of mileage out of a $100 anywhere else?
three cheers....keep doing good work

God bless
  • #106,952
  • Jun 7, 2009 1:29am Jun 7, 2009 1:29am
Quoting KillerWhale
Hmmm I don't like the term "bookkeeper" coz
bookkeeping is what I hate the most when it comes to my work.
I would feel more comfortable with Treasury Analyst and Tax Advisor.
But who cares, I'm still going for 1.4050 as the high for Sunday, unless proven wrong.
You see, that's what I was getting at. We like being comfy, don't we ? I know I do.

In the 80's I spent several years working for a tax attorney up in Hayward.
He was a former Calif. State Representative, law degree, Enrolled Agent credentials, all that stuff.
After all that time, when he was in non-business situations when asked what do you do ?
He told people he was a bookkeeper. Kept it simple.

I trade pretty much full time and have a couple of other income streams.
It's kinda comfy.

But, when anyone asks what I do, after all this time, I also tell them, "I'm a bookkeeper".
It worked back then and still does today, even though nowadays I seldom practice much in the way of accounting
and I totally keep my mouth shut during tax season. You can imagine why.

But no slam to you about bookkeeping. None intended. Unfortunately, that's alot of what the business requires.
It's time consuming, redundant, clients don't listen to what you advise them to do anyway.
They don't even want to pay you for your work sometimes. It's fucked.
But, no shame in being a bookkeeper. Most ppl don't understand if you tried to explain trading as a profession anyway.
So I prefer Bookkeeper. Yep. That's me. Or whatever.
  • #106,953
  • Jun 7, 2009 1:47am Jun 7, 2009 1:47am
moving on....

This simply can not remain bound by this channel.

It's too tempting and too well contained for the market to just stand by and trend
without some irratic behaviour outside the channel. That would be too easy.

I think the visit into the 40's was cute, but I think she's goning to take off her makeup
and then we gotta look at her real face for a while. She's in her 30's and age is catching up to her.

Personally, I don't think she looks a day over 35 to be quite honest.
Attached Image (click to enlarge)
Click to Enlarge Name: euro.PNG Size: 48 KB
  • #106,954
  • Jun 7, 2009 2:05am Jun 7, 2009 2:05am
Quoting toshi
They don't even want to pay you for your work sometimes. It's fucked.
But, no shame in being a bookkeeper. Most ppl don't understand if you tried to explain trading as a profession anyway.
So I prefer Bookkeeper. Yep. That's me. Or whatever.
Never ever EVER try to explain trading.

I've heard tons of questions from the perfectly normal to the strange, weird, uncomfortable and downright creepy.

About half I tried to explain it to became suspicious as they believed it was either some money laundering or a multi level marketing scheme. About a quarter would ask more questions but it does get frustrating to hear them after a while. The other quarter would ask me to invest their money which I cannot and will not do.

I now generally try to be evasive about what I do. If that doesn't work and someone is pushing for answers, I just say I sell online advertising.

So calling yourself a bookkeeper is a good thing. It's quick, easy to understand and doesn't open up that huge can of worms.
Not all sins are created equal
  • #106,955
  • Jun 7, 2009 2:11am Jun 7, 2009 2:11am
Quoting toshi
Personally, I don't think she looks a day over 35 to be quite honest.
And here I am, on a Saturday night, once again nursing a semi.
Not all sins are created equal
  • #106,956
  • Jun 7, 2009 2:16am Jun 7, 2009 2:16am
Cyclical perspective:

We could drop for the rest of the month into a 4 month cycle low.

If a top is in place, it could be all she wrote until sometime later this summer.

If the triangle theme catches on (keep counting your threes), the consolidation could last the rest of the year.

That would mean we've already seen BOTH the high and the low for 2009.

comments ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurocycle.PNG Size: 46 KB
  • #106,957
  • Jun 7, 2009 2:20am Jun 7, 2009 2:20am
Quoting toshi
Cyclical perspective:

We could drop for the rest of the month into a 4 month cycle low.

If a top is in place, it could be all she wrote until sometime later this summer.

If the triangle theme catches on (keep counting your threes), the consolidation could last the rest of the year.

That would mean we've already seen BOTH the high and the low for 2009.

comments ?
4 months cycle low. June, July, August, September. Exactly the time that Europe practically shuts down. Makes sense to me.
Not all sins are created equal
  • #106,958
  • Jun 7, 2009 2:22am Jun 7, 2009 2:22am
Quoting Jay Walker
4 months cycle low. June, July, August, September.
Exactly the time that Europe practically shuts down. Makes sense to me.
Ah, yes... plus it is during that time that the French take at least one bath.

So, it makes even more sense. Oui ?
  • #106,959
  • Jun 7, 2009 2:23am Jun 7, 2009 2:23am
Quoting toshi
Ah, yes... plus it is during that time that the French take at least one bath.

So, it makes even more sense. Oui ?
But they do shower every day
Not all sins are created equal
  • #106,960
  • Jun 7, 2009 2:27am Jun 7, 2009 2:27am
Quoting toshi
You see, that's what I was getting at. We like being comfy, don't we ? I know I do.
I sure like the way you look at it. By the way I also have Enrolled Agent qualification. But I don't put the EA behind my name. I just call it Tax Advisor.
New voice message: Why are you calling me? If I need you, I'll call you!
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