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  • #143,021
  • Sep 15, 2009 8:21pm Sep 15, 2009 8:21pm
Quoting Patience

“The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo, and no destination --and is why your Christmas stocking may be on the light side this year.”

Below is a photo of part of the fleet.

Attachment


As Bud succinctly put it…

“I found the story emotive as a visual to see just how bad the worldwide recession has become. This recession...

 Wow, the photo really brings the issue home....
  • #143,022
  • Sep 15, 2009 8:25pm Sep 15, 2009 8:25pm
Quoting gatorinla
yeah dont short until your chart agrees. i thought you were holding a trade since last year?
Huh?

The financial crisis of last year enabled me to get out of some positions that went slightly wrong Maybe that's what you were thinking of.

Got a couple of short soldiers on AUD though from NFP in the 0.8400 area still battling away (got sucked right in) and I'm long on AUD at 0.8600 but I haven't got internet access where I am staying at the moment (I'm in the office now) so I'm catching up with the market at night.
Nothing worth having is easy.
  • #143,023
  • Sep 15, 2009 8:28pm Sep 15, 2009 8:28pm
Quoting babyleaps
Wow, the photo really brings the issue home....
Hey you PM me and tell me about you know what. I'll be in the office for a few hours.

You long or short or both?
Nothing worth having is easy.
  • #143,024
  • Sep 15, 2009 9:48pm Sep 15, 2009 9:48pm
anyone have an opinion on eur/gbp? right now its at the top of the channel and it is extremely overbought on H1 RSI, Stoch, and MACD. Im short from .8894. Right now im debating if i should hold this position or not?
  • #143,025
  • Sep 15, 2009 9:48pm Sep 15, 2009 9:48pm
Quoting mfoste1
hahahahaha i hope ur not serious.....
1150 will cap the S&P for the next 10 years. I'm serious as a heart attack. The pain is coming......
"Timing Is Everything. Really I Swear It Is"
  • #143,026
  • Sep 15, 2009 9:52pm Sep 15, 2009 9:52pm
Quoting TexasforEX
1150 will cap the S&P for the next 10 years. I'm serious as a heart attack. The pain is coming......

dont you think thats kind of an extreme view? i mean so basically ur saying that roughly from right now the equities market will be bearish for a decade?
  • #143,027
  • Sep 15, 2009 10:01pm Sep 15, 2009 10:01pm
Quoting TexasforEX
I'm serious as a heart attack.
"I will walk before they make me run" K.Richards
  • #143,028
  • Sep 15, 2009 10:15pm Sep 15, 2009 10:15pm
Quoting TexasforEX
1150 will cap the S&P for the next 10 years. I'm serious as a heart attack. The pain is coming......
Nothing is impossible.

I also do have a bearish sentiment but for a shorter term and extent. Could you kindly share more on your analysis e.g. fundamentals you are giving more weight to, timeframe you are studying, etc.

Thanks for sharing your views.
The Thief of Wall Street
  • #143,029
  • Sep 15, 2009 10:40pm Sep 15, 2009 10:40pm
Quoting mfoste1
anyone have an opinion on eur/gbp? right now its at the top of the channel and it is extremely overbought on H1 RSI, Stoch, and MACD. Im short from .8894. Right now im debating if i should hold this position or not?
It really has rocketed up, my short is 0.8877 (avg); seems like the news hitting in about 5 hours (GBP unemployment, etc...) will determine if the pair pulls back or breaks out further... as of now it looks like the EUR wants to test 1.47 and the GPD just tested 1.6450 (and may want to possibly test the low 1.6400's again); that can't be good for the pair if you're short.

If the GBP news is good and it jumps back to 1.660 and the EUR gets rejected from 1.47's and pulls back decently, the EUR/GBP pair will really pulldown good; it's really a gamble though playing off that news later, I'll probably lighten my position up leading into it to be safe.
  • #143,030
  • Sep 15, 2009 10:52pm Sep 15, 2009 10:52pm
I tired of this E/U crap movement.Headed to more dangerous waters like the geppy!Good luck on trades.I see my predicted 1st targets were hit to the pip yesterday!
  • #143,031
  • Sep 15, 2009 10:58pm Sep 15, 2009 10:58pm
The man who caused this crisis is on the wires


16 Sep 04:46:30 FORMER FED CHAIRMAN GREENSPAN SAYS US NATIONAL DEBT IS AT "VERY DANGEROUS" LEVEL

16 Sep 04:49:06 GREENSPAN: Surge in bond issuance will hurt the US Dollar

To see more headlines click http://forexstream.dailyfx.com/
Nothing worth having is easy.
  • #143,032
  • Sep 15, 2009 11:09pm Sep 15, 2009 11:09pm
a cross of 1.4719 is imho the REAL BULL

a top ? or more to come
  • #143,033
  • Sep 15, 2009 11:12pm Sep 15, 2009 11:12pm
Quoting TexasforEX
1150 will cap the S&P for the next 10 years. I'm serious as a heart attack. The pain is coming......
put up a chart/explain urself otherwise...no one will take you seriously..and judging by your post history I would totally love to see what you have in mind
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #143,034
  • Sep 16, 2009 12:05am Sep 16, 2009 12:05am
hiw every 1 eu retrace r done nw itz goin fly..
  • #143,035
  • Sep 16, 2009 12:07am Sep 16, 2009 12:07am
Quoting ShanFX
hiw every 1 eu retrace r done nw itz goin fly..
how sure are u about that?
  • #143,036
  • Sep 16, 2009 12:09am Sep 16, 2009 12:09am
like everyone else im wondering when there is going to be a correction but keep in mind at the end of this year the us has 1 of two choices to make either hyer inflation or a re-valued currency
  • #143,037
  • Sep 16, 2009 12:10am Sep 16, 2009 12:10am
wow this asian trading is bullshit who the hell keeps bidding up eur/gbp
  • #143,038
  • Sep 16, 2009 12:20am Sep 16, 2009 12:20am
Looks like you boys need some time

Inserted Video
  • #143,039
  • Sep 16, 2009 12:33am Sep 16, 2009 12:33am
95% sure hehe..waitin 4 1m h&S neckline break for entry..gl every 1 (TAYOR)
  • #143,040
  • Sep 16, 2009 12:42am Sep 16, 2009 12:42am
Quoting Larseg
Looks like you boys need some time

http://www.youtube.com/watch?v=dAXWNm0bWM0

shes hot...thnks made me feel better about my losing position
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