Attachments: Cesarnc's market talk, gossips, rumours & fun

Cesarnc's market talk, gossips, rumours & fun

#19,421
Feb 24, 2010 4:17am Feb 24, 2010 4:17am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Billionaire Warren Buffett will be answering questions during a special three-hour Squawk Box on March 1. What would you ask him?
-CNBC

http://media.cnbc.com/i/CNBC/Section...ren_10_140.jpg

#19,422
Feb 24, 2010 10:45am Feb 24, 2010 10:45am

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that a weak job market and low inflation would likely allow the central bank to keep interest rates at very low levels for "an extended period."

Translating: hikes starting shortly.

http://www.economicpolicyjournal.com...uge-769976.jpg

#19,423
Feb 25, 2010 10:45am Feb 25, 2010 10:45am

smikester
Joined Mar 2007 | Status: Trader | 8,618 Posts

He says it's friday soon and I believe him

Attached Image

Gone to a better place

#19,424
Feb 25, 2010 10:45am Feb 25, 2010 10:45am

mtrmth
| Joined Dec 2006 | Status: Trader | 1,191 Posts

ok, explain to me, jobless claims go up and the dollar strenghthens?? or was it gdp numbers??? or is the market insane???

#19,425
Feb 25, 2010 10:54am Feb 25, 2010 10:54am

smikester
Joined Mar 2007 | Status: Trader | 8,618 Posts

Quoting mtrmth

Disliked

ok, explain to me, jobless claims go up and the dollar strenghthens?? or was it gdp numbers??? or is the market insane???

Ignored

Nope I don't get it either. I just trade it. If those figures do mean anything and the dollar strengthens god help us in the UK.

Gone to a better place

#19,426
Feb 25, 2010 11:26am Feb 25, 2010 11:26am

mtrmth
| Joined Dec 2006 | Status: Trader | 1,191 Posts

well, i heard you guys are going to have a double dip recession, and the pound has been falling for the last month. i think the euro is going to tank as well, thos countires that are having issues are going to drag it down. if this health care bill dies like it is supposed to, that will help the dollar.

#19,427
Feb 25, 2010 12:03pm Feb 25, 2010 12:03pm

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Quoting cesarnc

Disliked

Billionaire Warren Buffett will be answering questions during a special three-hour Squawk Box on March 1. What would you ask him?
-CNBC

http://media.cnbc.com/i/CNBC/Section...ren_10_140.jpg

Ignored

Can I have a million dollars???

HOLLA

#19,428
Feb 25, 2010 12:11pm Feb 25, 2010 12:11pm

smikester
Joined Mar 2007 | Status: Trader | 8,618 Posts

Quoting Turtle

Disliked

Can I have a million dollars???

HOLLA

Ignored

HOLLA Turtle

Attached Image

Have you been trading today? Shorting the pound, perchance?

Gone to a better place

#19,429
Feb 25, 2010 12:20pm Feb 25, 2010 12:20pm

Turtle
| Joined May 2007 | Status: Trader | 4,716 Posts

Quoting smikester

Disliked

HOLLA Turtle Attachment Have you been trading today? Shorting the pound, perchance?

Ignored

Went short EU during the London fix, pound was right around it's ATR for the day and didn't want to mess with her.

Quota for the week and month has been achieved.

The weekend shall commence tonight.......

Hope your trading is going well.

HOLLA

#19,430
Feb 25, 2010 12:30pm Feb 25, 2010 12:30pm

smikester
Joined Mar 2007 | Status: Trader | 8,618 Posts

Quoting Turtle

Disliked

Went short EU during the London fix, pound was right around it's ATR for the day and didn't want to mess with her.

Quota for the week and month has been achieved.

The weekend shall commence tonight.......

Hope your trading is going well.

HOLLA

Ignored

My trading has been going well lately. I am finally managing to set longer term positions. Congratulations on reaching your quotas. Everybody's happy

Gone to a better place

#19,431
Feb 25, 2010 12:51pm Feb 25, 2010 12:51pm

Scrat
Joined Jan 2007 | Status: Trader | 3,719 Posts

long story short... if things go bad for us economy, investors are liquidating stocks... selling oil... etc. and when you sell these, you ask for dollars... the more you sell, the more you ask for dollars... so usd goes up.

also, let's not forget that when every other currency has problems, usd is a safe heaven.

Quoting mtrmth

Disliked

ok, explain to me, jobless claims go up and the dollar strenghthens?? or was it gdp numbers??? or is the market insane???

Ignored

Nihil Sine Deo.

#19,432
Feb 25, 2010 1:44pm Feb 25, 2010 1:44pm

smikester
Joined Mar 2007 | Status: Trader | 8,618 Posts

Quoting mtrmth

Disliked

i think the euro is going to tank as well, thos countires that are having issues are going to drag it down.

Ignored

You're right.

Gone to a better place

#19,433
Feb 25, 2010 1:47pm Feb 25, 2010 1:47pm

mtrmth
| Joined Dec 2006 | Status: Trader | 1,191 Posts

ok, thanks for the insight. dow down, dollar up.

#19,434
Feb 25, 2010 2:41pm Feb 25, 2010 2:41pm

HouseTrader
| Joined Mar 2008 | Status: ... I was aiming at the horse! | 913 Posts

Quoting Scrat

Disliked

long story short... if things go bad for us economy, investors are liquidating stocks... selling oil... etc. and when you sell these, you ask for dollars... the more you sell, the more you ask for dollars... so usd goes up.

also, let's not forget that when every other currency has problems, usd is a safe heaven.

Ignored

That's something we have to think about. News are crap. a "green" number can rocket or sink a pair, depending always of the overall sentiment (long therm "health")....

AUD for instance... is showing the best numbers out there, and AUD/USD is going down... OK, gold is going down as the commodities are sold when US is not recovering sooooo much, so USD is "wanted", but IMO we need to read between the lines... yes, Aussie (and Brazil) have been peforming well lately.... but, they (we, I'm brazilian) rely on exporting commodities.... Vale do Rio Doce can't live without the China buyers... and with EC and US and China and Japan slowing down, who the hell is going to buy our iron/soy/gold/cotton/oil/steel/chicken.....???? Will we (Australia, Brazil) see a late wave of slowing down???

Let's wait and see...

Cheers!

Many share my views with me. But I don't share them with them...

#19,435
Feb 25, 2010 3:36pm Feb 25, 2010 3:36pm

cesarnc
Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts

Busy day out. Nailed 2 new whales (like Bemac said, I'm gonna need'em LOL).

Dow managed to emerge from hell in the intraday. Last time I checked, it was under -160 points, to close around -50...

Still needing some kickass good news, ya know? Otherwise it will go on up and down BS like these days...

What happened to cable?