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  • #267,301
  • Jul 5, 2010 10:53pm Jul 5, 2010 10:53pm
Quoting Jay Walker
Translation: A massive shitstorm will come down on July 23 when many Eurozone banks are declared insolvent. Hang on to your shorts, hang on to your crotch and hang on to your f@#king hat.

All they will do is sift through a mountain of shit to find one or two bright points. They publish these and ignore everything else while dumping a bunch of money into the euro. People see euro going up and figure the problems are over. People on CNBC tell everybody about how they've been long euro since the very bottom after the fact because we all now how good they are at predicting the past. It's not reality that matters, but the illusion of reality that all these politicians create.
  • #267,302
  • Jul 5, 2010 11:02pm Jul 5, 2010 11:02pm
Quoting Awesome
All they will do is sift through a mountain of shit to find one or two bright points. They publish these and ignore everything else while dumping a bunch of money into the euro. People see euro going up and figure the problems are over. People on CNBC tell everybody about how they've been long euro since the very bottom after the fact because we all now how good they are at predicting the past. It's not reality that matters, but the illusion of reality that all these politicians create.
That's exactly what will happen. That's the part where one has to be ready to trade in David Copperfield's world of illusions. That's the easy part.

Figuring out when the shitstorm will actually hit and trade in the real world is the harder part.
Not all sins are created equal
  • #267,303
  • Jul 5, 2010 11:05pm Jul 5, 2010 11:05pm
Quoting Awesome
All they will do is sift through a mountain of shit to find one or two bright points. They publish these and ignore everything else while dumping a bunch of money into the euro. People see euro going up and figure the problems are over. People on CNBC tell everybody about how they've been long euro since the very bottom after the fact because we all now how good they are at predicting the past. It's not reality that matters, but the illusion of reality that all these politicians create.
As I said before...It's not in EU best intrest to get buried with any shit they published as a result, so I think you're position is very valid.
We all know that nor the banks nor the countries are in position to face, for example, a greek default... spread, contagion, everyones expectations to see EUR destroy, bla bla bla. I don't really think they let this fall apart, it's obvious the results are going to be retouched for their best intrest..mho at least.
  • #267,304
  • Jul 5, 2010 11:08pm Jul 5, 2010 11:08pm
The Eurobanksters will need truckloads of it.

http://3.bp.blogspot.com/_bKzxHRgRbO...urd+polish.jpg
Not all sins are created equal
  • #267,305
  • Jul 5, 2010 11:10pm Jul 5, 2010 11:10pm
Quoting Jay Walker
How can you tell when ........
a pyramid schemer knows the end is near?

When they are "packing heat" while they lay in the heat:

Suspect in Fraud at K1 Group Has Died

http://www.nytimes.com/2010/07/06/bu...al/06fund.html
  • #267,306
  • Jul 5, 2010 11:11pm Jul 5, 2010 11:11pm
Quoting maurofx
As I said before...It's not in EU best intrest to get buried with any shit they published as a result, so I think you're position is very valid.
We all know that nor the banks nor the countries are in position to face, for example, a greek default... spread, contagion, everyones expectations to see EUR destroy, bla bla bla. I don't really think they let this fall apart, it's obvious the results are going to be retouched for their best intrest..mho at least.
I have always believed it "comes out in the wash"...it just seems like "the wash" never really comes out totally clean. I think back to how many false reports about an EU solution came out before traders finally realized they were being sugar coated time and time again. I sense that is what is going on now.
  • #267,307
  • Jul 5, 2010 11:14pm Jul 5, 2010 11:14pm
Quoting Jay Walker
The Eurobanksters will need truckloads of it.

http://3.bp.blogspot.com/_bKzxHRgRbO...urd+polish.jpg

Ha ha, ain't that the truth.
  • #267,308
  • Jul 5, 2010 11:14pm Jul 5, 2010 11:14pm
Quoting SunTrader
a pyramid schemer knows the end is near?

When they are "packing heat" while they lay in the heat:

Suspect in Fraud at K1 Group Has Died

http://www.nytimes.com/2010/07/06/bu...al/06fund.html
Yeah the story makes a whole lot of sense. I always have a gun when I'm just relaxing under the sun.

The cops popped a cap in his ass! The state says "jackpot" and collects while the investors are still left hung out to dry.
Not all sins are created equal
  • #267,309
  • Jul 5, 2010 11:25pm Jul 5, 2010 11:25pm
Quoting Jay Walker
Yeah the story makes a whole lot of sense. I always have a gun when I'm just relaxing under the sun.

The cops popped a cap in his ass! The state says "jackpot" and collects while the investors are still left hung out to dry.
IF only Madoff had the same guts to terminate himself....
  • #267,310
  • Jul 5, 2010 11:36pm Jul 5, 2010 11:36pm
Quoting fontu
Waiting for a good entry short level 1.2547 > 1.2558 > 1.2564 for good pips targetperhaps 1.2374 or more , hs or black hawk /swan or aeroplane anything call .

fontu
Bounced at 2480 very very likely & still waitng for the great fall .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #267,311
  • Jul 5, 2010 11:39pm Jul 5, 2010 11:39pm
Uero gonig much higher realize an upternd when you see one
Ambition
  • #267,312
  • Jul 6, 2010 12:02am Jul 6, 2010 12:02am
Quoting fontu
Bounced at 2480 very very likely & still waitng for the great fall .
fontu
Good morning everybody,

So what's your next move, mate? Do you think 1.2550 will be a strong RES again so you can call a SHORT?

cheers
  • #267,313
  • Jul 6, 2010 12:15am Jul 6, 2010 12:15am
Hi everyone I HAVE BEEN WATCHING THIS THREAD FOR A WHILE SEEMS LIKE A LOT OF BEARS IN HERE THE EURO TREND HAS CHANGED BUY EURO OR BETTER YET DONT SELL IT THIS IS A ZERO SUM GAME
Ambition
  • #267,314
  • Jul 6, 2010 12:17am Jul 6, 2010 12:17am
I really dont see anything in america worth buying right now its getting worse the euro will never be at parity with the dollar just a little fact i think you should know
Ambition
  • #267,315
  • Jul 6, 2010 12:21am Jul 6, 2010 12:21am
Quoting talentfx
I really dont see anything in america worth buying right now its getting worse the euro will never be at parity with the dollar just a little fact i think you should know
who do you think propped up the euro.
those who can, do. those who cant, talk about those who can
  • #267,316
  • Jul 6, 2010 12:22am Jul 6, 2010 12:22am
a lot of big players are buying and holding euro

dont overtrade the big players make like one or two trades a year why should we make more than those who know the game do

long term technical trader talking here but thats me
Ambition
  • #267,317
  • Jul 6, 2010 12:23am Jul 6, 2010 12:23am
Quoting gatorinla
who do you think propped up the euro.
middle eastern players is the word there investing in euro i dont know why but there the insiders
Ambition
  • #267,318
  • Jul 6, 2010 12:25am Jul 6, 2010 12:25am
Quoting talentfx

long term technical trader talking here but thats me
What long term 2 trades a year trend are you referring to is up?

Quoting talentfx
i trade full time and make profits every trading day please post me if you would like me to share i have to ask because its your thread
How short is your trading years? equivalent to our minutes or hours?
  • #267,319
  • Jul 6, 2010 12:25am Jul 6, 2010 12:25am
Quoting talentfx
......... just a little fact ....
We all have opinions but maybe you have some FACTS to back up your little fact.
  • #267,320
  • Jul 6, 2010 12:25am Jul 6, 2010 12:25am
Quoting talentfx
... just a little fact i think you should know
amazing profile you have there...you were really trading retail forex 10 years ago at 18yrs old....?? that's astounding!!
FUBAR...
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