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Cesarnc's market talk, gossips, rumours & fun

  • #17,201
  • Aug 27, 2009 6:15am Aug 27, 2009 6:15am
The government agency that guarantees depositors against the loss of their money in a bank failure may need its own lifeline.

The coffers of the Federal Deposit Insurance Corp. have been so depleted by the epidemic of collapsing financial institutions that analysts warn it could sink into the red by the end of this year.

That has happened only once before — during the savings-and-loan crisis of the early 1990s, when the FDIC was forced to borrow $15 billion from the Treasury and repay it later with interest.

  • #17,202
  • Aug 27, 2009 6:19am Aug 27, 2009 6:19am
It's somewhat intriguing how the yen pairs are detached from the stock market these days...

Seen comments that yen behavior might be the prelude for a slump in the stock market...
  • #17,203
  • Aug 27, 2009 6:40am Aug 27, 2009 6:40am
Quoting cesarnc
It's somewhat intriguing how the yen pairs are detached from the stock market these days...

Seen comments that yen behavior might be the prelude for a slump in the stock market...
Take a look at EURGBP (most of the time it goes oposite to GBPJPY ) I think soon it will change directions , base on the resistance in EG .
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  • #17,204
  • Aug 27, 2009 6:42am Aug 27, 2009 6:42am
Quoting chonchy
what do i think about this?, uhm......

http://www.alphasedge.com/currency/u...lating-the-net
Cesar this news have something to do with what you just said about the FDIC, the rumors are that the goverment will decide who stays and who goes after the week holiday, because the FDIC is supose to close this banks when they don't funtion, but theFDIC don't have the money, this is what I understod
The Chonchy
  • #17,205
  • Aug 27, 2009 6:53am Aug 27, 2009 6:53am
Just placed a small sell order on AUD/USD off resistance, thought it was very clever, and realised it's big news in about 40 minutes. Better take it off and wait 70 minutes for the dust to settle. Yesterday my broker increased spreads to 100 pips on GBP/JPY. Sorry to keep going on about it. I'm not bothered, honestly.
Gone to a better place
  • #17,206
  • Aug 27, 2009 7:18am Aug 27, 2009 7:18am
What happens when an Audi R8 drives through Maranello, the city of Ferrari.
This was a one take commercial with no actors.

Inserted Video
Just Trade It
  • #17,207
  • Aug 27, 2009 7:27am Aug 27, 2009 7:27am
Quoting Big Wave Rider
What happens when an Audi R8 drives through Maranello, the city of Ferrari.
This was a one take commercial with no actors.
Man I wish someone would step up and make a sports car for us "normal" sized people. I haven't been able to fit in a decent sports car since about the 5th or 6th grade. Dang Genetics!!!
  • #17,208
  • Aug 27, 2009 7:28am Aug 27, 2009 7:28am
Quoting Big Wave Rider
What happens when an Audi R8 drives through Maranello, the city of Ferrari.
This was a one take commercial with no actors.

http://www.youtube.com/watch?v=4rzQI1D1zPI
Tha guy spitting in disgust e very funny

Some nerves of the guys at Audi, c'mon....
  • #17,209
  • Aug 27, 2009 7:37am Aug 27, 2009 7:37am
Quoting chonchy
Cesar this news have something to do with what you just said about the FDIC, the rumors are that the goverment will decide who stays and who goes after the week holiday, because the FDIC is supose to close this banks when they don't funtion, but theFDIC don't have the money, this is what I understod
Well, I got my fingers crossed here. Everything I need now is a good panic to slash prices in some 30%. Buying in the panic is AWESOME.
  • #17,210
  • Aug 27, 2009 7:42am Aug 27, 2009 7:42am
Selling fear is also just as rewarding
Just Trade It
  • #17,211
  • Aug 27, 2009 7:49am Aug 27, 2009 7:49am
Did I mention my broker, earlier? Well I sent a polite email and received one back straight away, correcting the problem.
Gone to a better place
  • #17,212
  • Aug 27, 2009 7:52am Aug 27, 2009 7:52am
Quoting Big Wave Rider
Selling fear is also just as rewarding
My broker doesn't allow short positions in stocks
  • #17,213
  • Aug 27, 2009 7:55am Aug 27, 2009 7:55am
" What happens when an Audi R8 drives through Maranello, the city of Ferrari."

If I worked for Ferrari I could only be flattered by that kind of targeting.
Gone to a better place
  • #17,214
  • Aug 27, 2009 8:16am Aug 27, 2009 8:16am
Quoting chonchy
funny I just find out today that capital letters means that i 'm yealling, well I'm sorry but I didn't know that, I'm not to good with computers and this is my first forum at the age of 50, wow, sorry Ash didn't mean to scream at you, so now when I post my bear screaming, i go WUAAAAAAAAAA, cool

Don't worry! I didn't even realize it.
Humble Lifetime Member
  • #17,215
  • Aug 27, 2009 8:17am Aug 27, 2009 8:17am
Quoting Big Wave Rider
I'm assuming thats compounded.
Hey, whatever lure the fish in.
Humble Lifetime Member
  • #17,216
  • Aug 27, 2009 8:19am Aug 27, 2009 8:19am
Quoting smikester
Just placed a small sell order on AUD/USD off resistance, thought it was very clever, and realised it's big news in about 40 minutes. Better take it off and wait 70 minutes for the dust to settle. Yesterday my broker increased spreads to 100 pips on GBP/JPY. Sorry to keep going on about it. I'm not bothered, honestly.
Well, at least your broker doesn't take back over £27,346+ in profits and doesn't credit you when their website is down.
Humble Lifetime Member
  • #17,217
  • Aug 27, 2009 8:34am Aug 27, 2009 8:34am
Quoting smikester
" What happens when an Audi R8 drives through Maranello, the city of Ferrari."

If I worked for Ferrari I could only be flattered by that kind of targeting.
But the locals don't seem to share your view

That kind of target seems to be spreading. I don't know where you live, but here in Brazil Hyundai is pushing it to the edge.

They released the i30 and the Azeera and every ads say shit like:

"If you love the sportivity of the BMW 130i, if you admire the luxury of the English brands, if you - this and that - your car is a Hyundai".

These guys are so full of crap that they copied the BMW 130 and named the car "i30" - which obviously looks like "130" from some distance.

On Azeera, they claim shit like "trunk bigger than Mercedes (this or that), driving comfort of BMW - this or that and so on - your next car is Hyundai Azeera".

Next thing you know, you are looking at cocky people driving their R$ 60,000 i30 acting like they are driving a R$ 180,000 BMW 130

And that's how it goes:

Hyundai i30
http://images.noticiasautomotivas.co...o-brasil-3.jpg

BMW 130
http://www.autodestaques.com/imagens/bmw-130i-2.jpg

If you look close, you will see that no pattents were breached, since the rear window's wiper of the i30 is to the opposite direction
  • #17,218
  • Aug 27, 2009 8:42am Aug 27, 2009 8:42am
Quoting Ash
Well, at least your broker doesn't take back over £27,346+ in profits and doesn't credit you when their website is down.
What?! Did you ever get it back? Recently?
Gone to a better place
  • #17,219
  • Aug 27, 2009 8:51am Aug 27, 2009 8:51am
Quoting smikester
What?! Did you ever get it back? Recently?
No, haven't recieved anything from the, just excuses and BS. It started on July 22, 2009.

Called and wrote. Sent e-mails numerous times. I've just escalated it to the compliance officer. Sent him an e-mail two days ago and no reply. Will wait till Monday then escalate it further. I also have a couple of friends and they just told me that the company took away their profits and the reason they gave them was "pricing error".

I won't post the name of the company, not yet but will do in the future.
Humble Lifetime Member
  • #17,220
  • Aug 27, 2009 8:53am Aug 27, 2009 8:53am
Quoting Ash
No, haven't recieved anything from the, just excuses and BS. It started on July 22, 2009.

Called and wrote. Sent e-mails numerous times. I've just escalated it to the compliance officer. Sent him an e-mail two days ago and no reply. Will wait till Monday then escalate it further. I also have a couple of friends and they just told me that the company took away their profits and the reason they gave them was "pricing error".

I won't post the name of the company, not yet but will do in the future.
No time to look for now, but there is a website dedicated to blast these brokers, if anybody remember, post here...

Or Google for it.
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