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  • #309,781
  • Oct 19, 2010 11:40am Oct 19, 2010 11:40am
good evening. nice development so far.
  • #309,782
  • Oct 19, 2010 11:42am Oct 19, 2010 11:42am
lunch time
those who can, do. those who cant, talk about those who can
  • #309,783
  • Oct 19, 2010 11:42am Oct 19, 2010 11:42am
Atlanta Fed’s Lockhart

Says he is leaning toward supporting QE2 and thinks it will assist the economy.

Says it will influence rates to some degree

Thinks Q4 growth will improve on Q3

Concerned about possibility of more disinflation and the risk of deflation, but doesn’t see it as a base case scenario.

Slow growth or “stall speed” growth also a concern
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  • #309,784
  • Oct 19, 2010 11:46am Oct 19, 2010 11:46am
Open buy tp 3890 sl -15pips
  • #309,785
  • Oct 19, 2010 11:47am Oct 19, 2010 11:47am
Quoting gatorinla
lunch time
what' your stop for that short 1.415x
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #309,786
  • Oct 19, 2010 11:49am Oct 19, 2010 11:49am
Quoting Popee83
Nice comment - but hopefully you are now long EU or you will get stopped out pretty soon.
nope.
  • #309,787
  • Oct 19, 2010 11:50am Oct 19, 2010 11:50am
Quoting Mr Hatch
nope.
He might not show his face for a while lol.
  • #309,788
  • Oct 19, 2010 11:52am Oct 19, 2010 11:52am
Quoting gammase1
In the UK, the pension system was put in place when life expectancy for men stood at 68 years. With the improvements in healthcare, a man in the UK is now expected to live for another 10 years.
Fair enough but should that extra 10 years be spent working - or enjoying life? We might be living longer but that doesn't mean you are capable of working for longer. By that reasoning someone living till age 100 - as some do - should be working until they are 97.

As said there aren't enough jobs for young people as it is.
  • #309,789
  • Oct 19, 2010 11:52am Oct 19, 2010 11:52am
Quoting gammase1
In the UK, the pension system was put in place when life expectancy for men stood at 68 years. With the improvements in healthcare, a man in the UK is now expected to live for another 10 years. Therefore, it is only right, and fair for the younger generation, that the state retirement age is raised to keep pace. Obviously, some allowances need to be made for those in manual work.

The current government think itension system is unaffordable and totally unsustainable, as inconv as that masy be.
the government thinks its ok to give you a pension thats expected to last 3 year after working for 50 years ?
Them last few years your too knackered to do anything.
as soon as we start living a bit longer and can
maybe enjoy a few years of retirement,they want to up the limit.
Why not just say work till you drop so we can waste your taxes on nuclear missiles and second homes lol.
making green pips large and red pips small this is my goal.
  • #309,790
  • Oct 19, 2010 11:54am Oct 19, 2010 11:54am
Quoting paul1
the government thinks its ok to give you a pension thats expected to last 3 year after working for 50 years ?
Them last few years your too knackered to do anything.
as soon as we start living a bit longer and can
maybe enjoy a few years of retirement,they want to up the limit.
Why not just say work till you drop so we can waste your taxes on nuclear missiles and second homes lol.
Isn't this the main reason 401k/IRAs have become so popular.
  • #309,791
  • Oct 19, 2010 11:56am Oct 19, 2010 11:56am
You wont find many Politicians, CEO's or any other high earners working till 65 nevermind 67 because they have to.


An MP with 20 years' service can expect to receive around £30,000 a year in today's prices after they retire.

Read more: http://www.dailymail.co.uk/news/arti...#ixzz12pC7i7ui

  • #309,792
  • Oct 19, 2010 11:58am Oct 19, 2010 11:58am
Rtracement not any enough or strong so far but expecting more to short again if & cancelled 4028 one temporarily but some levels up as 3936 can be expected .
inverted hs smaler tf now .
usdx supports this movement perhaps .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx.gif Size: 11 KB
Click to Enlarge Name: dx1.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #309,793
  • Oct 19, 2010 12:00pm Oct 19, 2010 12:00pm
Quoting gatorinla
3333 is my first large target according to gartly.. but there many hurdles before.. like 3481 (time sensitive)

  • #309,794
  • Oct 19, 2010 12:01pm Oct 19, 2010 12:01pm
Quoting fontu
Rtracement not any enough or strong so far but expecting more to short again if & cancelled 4028 one temporarily but some levels up as 3936 can be expected .
inverted hs smaler tf now .
fontu
Looks like a stall before a move lower. Not much buying interest. Red DOW should carry over into Asia, so I would expect more downward pressure.

Wed is a POMO day, so I'm not sure what to expect.
  • #309,795
  • Oct 19, 2010 12:03pm Oct 19, 2010 12:03pm
apparently trichet came out and said this morning that all eu government data is not efficient.......hmm
  • #309,796
  • Oct 19, 2010 12:04pm Oct 19, 2010 12:04pm
Quoting mfoste1
I don't have the Gartley EA anymore, but I believe someone mentioned there was a bearish pattern on the weekly EU chart. If I recall, the last time that occurred, we were at 1.50, and dropped to 1.20
  • #309,797
  • Oct 19, 2010 12:05pm Oct 19, 2010 12:05pm
Quoting PayTheLimit
I wonder where this weekly is going to be in a couple of bars, wish I had a crystal ball...

it will be at 1.36566 around there.....
be patient, self-belief and discipline... stay focus...
  • #309,798
  • Oct 19, 2010 12:05pm Oct 19, 2010 12:05pm
Quoting Mr Hatch
nope.
Good on you Mr Hatch
  • #309,799
  • Oct 19, 2010 12:06pm Oct 19, 2010 12:06pm
Quoting DMA Trader
what' your stop for that short 1.415x
usdx 76.75.. im gonna move to 40xx soon..
those who can, do. those who cant, talk about those who can
  • #309,800
  • Oct 19, 2010 12:07pm Oct 19, 2010 12:07pm
Quoting forextine
I don't have the Gartley EA anymore, but I believe someone mentioned there was a bearish pattern on the weekly EU chart. If I recall, the last time that occurred, we were at 1.50, and dropped to 1.20

yea im not too familiar with those gartleys
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