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Cesarnc's market talk, gossips, rumours & fun

  • #19,081
  • Jan 21, 2010 8:19am Jan 21, 2010 8:19am
Obama is going to anounce some big news about the financials today that is going to change the banking industry they sai
The Chonchy
  • #19,082
  • Jan 21, 2010 8:21am Jan 21, 2010 8:21am
and bernanke reasing may or may not be a big deal for the markets, I vote for the cancelation of the m%$# f^%$# even tho I will have to eat dirt for a while, bit if they are going to put another one is going to be the same, aboilish the fed's is what we need, but we are not that lucky
The Chonchy
  • #19,083
  • Jan 21, 2010 8:24am Jan 21, 2010 8:24am
continental and southwest numbers bether than expected so here we go, come on retrace yurow please
The Chonchy
  • #19,084
  • Jan 21, 2010 8:29am Jan 21, 2010 8:29am
Quoting cesarnc
Just stopping by to say hello...

As I'm absolutely clueless about all markets: commodities, currencies, stocks, you name it...

I'm much better at it. Like I said to the missus only the other day, "Why should I hoover the spare room (I meant the east wing) when I've got currency trading to do." I mean I earned nearly £12.00 last week. Not that it would impress her. It would have been nearer £20.00 if I didn't have to hoover and chop wood.

But anyway. here's something I overheard the other day which might help, Cesar:

Morning Mrs Scoggins!
Morning Mrs McGurgle!
Mrs McGurgle: I just been down the market them bananas have gone up something terrible. Joe told me it were the frost. I don't know what I'm going to tell Bert.
Mrs Scoggins: I know. Just tell him he'll have to have porridge.

What is the lesson to be learned here? Short bananas and long oats? Simple.
Gone to a better place
  • #19,085
  • Edited 9:13am Jan 21, 2010 8:30am | Edited 9:13am
anybody know what is glass-steagle in small words, thanks in advance, anybody out there
The Chonchy
  • #19,086
  • Jan 21, 2010 8:36am Jan 21, 2010 8:36am
dow still raising with goldman, continental and southwest news
The Chonchy
  • #19,087
  • Jan 21, 2010 8:37am Jan 21, 2010 8:37am
Quoting smikester
I'm looking at setting sell stops under the M30 NZD/USD range which is winding up nice and tight. Monthly pin bars yet to break properly. I'm very dollar bullish at the moment.
They're chasing my stops. What should I do? Chonchy do you know? Cesar doesn't have a clue?
Gone to a better place
  • #19,088
  • Jan 21, 2010 8:42am Jan 21, 2010 8:42am
Quoting chonchy
anybody know what is glass eagle in small words, thanks in advance, anybody out there
I think is the act of spliting the comercial banks from the investments banks
The Chonchy
  • #19,089
  • Jan 21, 2010 8:54am Jan 21, 2010 8:54am
Quoting smikester
They're chasing my stops. What should I do? Chonchy do you know? Cesar doesn't have a clue?
no stops like I do, small lots no stops it always come back, but I use an imaginary stop when I see is no come back I get out as soon as posible and reverse, that is all I do, for example here I'm holding on the yurow dollar and if it dosen't go up after the 10.00 o'clock news I'm out with a loss but now I'm holding my hat like Jay walker sai
The Chonchy
  • #19,090
  • Edited 9:11am Jan 21, 2010 8:59am | Edited 9:11am
Quoting smikester
They're chasing my stops. What should I do? Chonchy do you know? Cesar doesn't have a clue?
they are not chasing your stops they just when on the dew retrace after the good numbers, manipulated by the order in wish they give the news but.... why they don't give all the numbers the same day, for me is all work out, maybe I'm paranoid but anyways is going up today as long as the good news keep coming in, be alert, but the trend is down on the yurow and the dollar still strong so becarefull with the longs, I just need to get ready of this retrace to stay with the trend, the trend is your friend smikester and weekly, daily and monthly are down for me
The Chonchy
  • #19,091
  • Jan 21, 2010 9:11am Jan 21, 2010 9:11am
Quoting smikester
I'm much better at it. Like I said to the missus only the other day, "Why should I hoover the spare room (I meant the east wing) when I've got currency trading to do." I mean I earned nearly £12.00 last week. Not that it would impress her. It would have been nearer £20.00 if I didn't have to hoover and chop wood.

But anyway. here's something I overheard the other day which might help, Cesar:

Morning Mrs Scoggins!
Morning Mrs McGurgle!
[color=blue]Mrs McGurgle: I just been down the market them bananas...
don't get it smikester if the bananas when up in value because of the freeze then they make more money the ones that have the bananas make money the one that lost the bananas because of the freeze are not going to make any money, but the demand amkes prices go up so is good for the banana grower that manage to have bananas so his stock go up so we should go long bananas don't we? please explain, thanks in advance
The Chonchy
  • #19,092
  • Jan 21, 2010 9:30am Jan 21, 2010 9:30am
Quoting chonchy
don't get it smikester if the bananas when up in value because of the freeze then they make more money the ones that have the bananas make money the one that lost the bananas because of the freeze are not going to make any money, but the demand amkes prices go up so is good for the banana grower that manage to have bananas so his stock go up so we should go long bananas don't we? please explain, thanks in advance
I get what you're trying to say but I forgot to mention a bloke drove over some boxes at Stockport market and squashed a load of perfectly good bananas. Can you smoke that?
Gone to a better place
  • #19,093
  • Jan 21, 2010 9:39am Jan 21, 2010 9:39am
Quoting smikester
I get what you're trying to say but I forgot to mention a bloke drove over some boxes at Stockport market and squashed a load of perfectly good bananas. Can you smoke that?
if the bloke drove over the bananas then they is less bananas in the market so price go up even higher smikester and the stocks on the people that manage to get bananas go up, in one word less bananas price goes up, and stoks on bananas go up right or wrong
The Chonchy
  • #19,094
  • Jan 21, 2010 9:42am Jan 21, 2010 9:42am
Quoting chonchy
if the bloke drove over the bananas then they is less bananas in the market so price go up even higher smikester and the stocks on the people that manage to get bananas go up, in one word less bananas price goes up, and stoks on bananas go up right or wrong
So basically you're saying I should sell porridge and buy bananas? I don't think Mrs McGurgle or Mrs Scoggins would agree there.
Gone to a better place
  • #19,095
  • Jan 21, 2010 9:52am Jan 21, 2010 9:52am
I don't know what porridge is but I'm with cesar i don't know what is what anymore, good numbers and this thing keeps going down, we are in the second leg of the crissis even they want it or not so... down we go with the financials going down with obama's and china problems
The Chonchy
  • #19,096
  • Jan 21, 2010 10:56am Jan 21, 2010 10:56am
Quoting chonchy
I don't know what porridge is but I'm with cesar i don't know what is what anymore, good numbers and this thing keeps going down, we are in the second leg of the crissis even they want it or not so... down we go with the financials going down with obama's and china problems
Very healthy breakfast cereal...


And here are some real market forces at work. Don't ask me why but it seems the USA has to carry these:

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Click to Enlarge Name: bigthree.jpg Size: 76 KB
Gone to a better place
  • #19,097
  • Jan 21, 2010 11:20am Jan 21, 2010 11:20am
well I couldn't get out at 4150 but 4140 suits me well
The Chonchy
  • #19,098
  • Jan 21, 2010 11:35am Jan 21, 2010 11:35am
the markets are so crazy that i forgot to erase an entrie limit I had on 4138 and it triger and now I got out at 4090, crazy, crazy
The Chonchy
  • #19,099
  • Jan 21, 2010 11:42am Jan 21, 2010 11:42am
Quoting smikester
Very healthy breakfast cereal...


And here are some real market forces at work. Don't ask me why but it seems the USA has to carry these:

Attachment
  • #19,100
  • Jan 21, 2010 2:10pm Jan 21, 2010 2:10pm
well i don't know about you but I'm tired so I'm taking a nap, see you later at sidney, be well and don't loose any pips

My doughter have to give the crown back, no more miss hialeah, a year already, times fly when you are having fun
Attached Image
The Chonchy
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