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  • #338,201
  • Dec 2, 2010 10:15pm Dec 2, 2010 10:15pm
Quoting The Fool
40% of all food produced in the US is wasted before it is ever consumed.

huge inefficiencies are built into the hyper-carnivorous lifestyle of the population. A primarily vegetarian nation could be fed many times over from the acreage under production.

agribusiness already collects $Billions for NOT farming. we could nix that and use that money to pay down the debt and give the fallow land back to the buffalo. The lobbyists could learn to garden for a living and they'd probably be a lot happier.
we could feed many nations.. look at the billions of acres of pine where u used to live. hell look in your own back yard.
those who can, do. those who cant, talk about those who can
  • #338,202
  • Dec 2, 2010 10:18pm Dec 2, 2010 10:18pm
Quoting Robot
From what I read you keep saying "we?" we means who u or me or other citizens? we have all of this fucking resources than why are we losing jobs, why did my father lose his job and his house went on foreclosure? and he was evicted to the streets...
You are not going to like what I say, but it is the truth.

NO ONE forced anyone else to buy a home, open a credit card, eat out, go on vacations, etc. no one.

You can live off of bread & water.

The resources are here and available, you can go hunting, fishing & plenty of natural resources to survive.

People just misinterpret 'survival' as a 'standard of living'.

My point was that the gov't controls a lot but people complain alot to about what they have, but no one is giving it up to fast are they?

It cost nothing to start a business or do what you want to do.

& by 'we', I could have meant my family!

& if by we, I meant u.s. citizen, then 'we' would mean a u.s. citizen{s}.

The point is we are a rich country, people just don't take advantage of it.
My mother raised me in a semi-suburban home with a little bit of land but we have a 15'-20' garden and she raised me to 'keep my own water' and 'grow my own food'.

That is something that almost every American can do {and are fortunate enough to do} with NO tax on it of any kind but most don't do it, why? because they are use to receiving the services from the city {which is absolutely fine}.

I am sorry your father or anyone you know has had a home foreclosed, but another lesson I was taught is to pay for everything. Don't 'rent' or 'lease' a car, house, credit cards, etc. If a home was foreclosed, then it wasn't paid for.

My end point was & is, no one is forcing you to take on any debt. Live within your means & enjoy life, we complain about gov't being to big but 99% don't know what to do when the gov't doesn't hold their hand.
  • #338,203
  • Dec 2, 2010 10:21pm Dec 2, 2010 10:21pm
Quoting pipper
Long EU G ?
nope.. waiting for 3189 to give up the booty.. since it tested the tl already

what ever one breaks im there. im leaning bear. and yes i have long term shorts still on the grill.. and another from today..
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those who can, do. those who cant, talk about those who can
  • #338,204
  • Dec 2, 2010 10:22pm Dec 2, 2010 10:22pm
Quoting gatorinla
nope.. waiting for 3189 to give up the booty.. since it tested the tl already

what ever one breaks im there. im leaning bear.
I am waiting for 1.3050-1.3100, rather it be now or tomorrow or next week.
  • #338,205
  • Dec 2, 2010 10:26pm Dec 2, 2010 10:26pm
Will place an order.. Got get some kip here.. Thanks for the chart and calcs

Quoting gatorinla
nope.. waiting for 3189 to give up the booty.. since it tested the tl already

what ever one breaks im there. im leaning bear. and yes i have long term shorts still on the grill.. and another from today..
Disclaimer: Check your 1m charts
  • #338,206
  • Dec 2, 2010 10:28pm Dec 2, 2010 10:28pm
what is your bear goal?
  • #338,207
  • Dec 2, 2010 10:35pm Dec 2, 2010 10:35pm
Quoting pipper
Will place an order.. Got get some kip here.. Thanks for the chart and calcs
it would be foolish to ignore the pole and flag the bulls are building to test 3245.. it can take it to 3430 ish.. thats why i want 3189 to give up the booty.. long there or short ..
those who can, do. those who cant, talk about those who can
  • #338,208
  • Dec 2, 2010 10:36pm Dec 2, 2010 10:36pm
Quoting mikej2010
what is your bear goal?
mine is 0
those who can, do. those who cant, talk about those who can
  • #338,209
  • Dec 2, 2010 10:43pm Dec 2, 2010 10:43pm
Quoting gatorinla
nope.. waiting for 3189 to give up the booty.. since it tested the tl already

what ever one breaks im there. im leaning bear. and yes i have long term shorts still on the grill.. and another from today..
according to my daily chart we are still retracing but it looks like it fell right close to 38 fib but may be a 50% which is about 3351 before we hit the sell button hard..

Just my opinion. what is your opinion on there
the red check there is my target but i might be wrong
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  • #338,210
  • Dec 2, 2010 10:43pm Dec 2, 2010 10:43pm
Quoting mikej2010
The resources are here and available, you can go hunting, fishing & plenty of natural resources to survive.

People just misinterpret 'survival' as a 'standard of living'.
rofl... of course people are forced into these choices.

it's nearly impossible to live off the grid just by the virtue of property taxes. even if you have a house in the forest and hunted, you need to pay the tax, so would need to be part of the system and have some form of income.

if you understand the most rudimentary basics of supply and demand, you would see that hunting and gathering are not viable options for the population. the natural food sources would be decimated very quickly. look at the native americans. they went through many starvation cycles due to bad conditions, and their population was a fraction of the current US population.

the choices you are deriding, such as having a house and shopping for food are basic necessities, not extravagances. sure, you could live on bread and water but your family would be malnourished.

it costs nothing to start a business? most new ventures usually goes through a normal 18 month to 2 year period of capital outlay before they're profitable, including living expenses. any business person knows this. these are called costs.


...when making a point, being realistic comes in handy.
  • #338,211
  • Dec 2, 2010 10:46pm Dec 2, 2010 10:46pm
Quoting Fudomyo
rofl... of course people are forced into these choices.

it's nearly impossible to live off the grid just by the virtue of property taxes. even if you have a house in the forest and hunted, you need to pay the tax, so would need to be part of the system and have some form of income.


...when making a point, being realistic comes in handy.
... when jumping into a conversation, reading the 'whole' conversation comes in handy.

If you READ all of the conversation, it was a simple point of 'do we have resources' or 'do we not have resources' to

/edit - sorry, my main point was do we have vast resources, period {coal, oil, farm land, water, food, lumber, coal, natural gas, etc} /edit.

Yes we do, but thanks for just 'jumpin' in there!
  • #338,212
  • Dec 2, 2010 10:51pm Dec 2, 2010 10:51pm
Quoting mikej2010
... when jumping into a conversation, reading the 'whole' conversation comes in handy.

If you READ all of the conversation, it was a simple point of 'do we have resources' or 'do we not have resources' to sustain life.

Yes we do, but thanks for just 'jumpin' in there!
I did read the conversation. Your points regarding hunting, fishing, (ie: living off the land) and starting a business were simplistic and didn't address the issue being discussed about domestic agricultural sustainability versus import.
  • #338,213
  • Dec 2, 2010 10:56pm Dec 2, 2010 10:56pm
Quoting Fudomyo
I did read the conversation. Your points regarding hunting, fishing, and starting a business were simplistic and didn't address the issue being discussed about domestic agricultural sustainability versus import.
You didn't read it from the beginning, you read it from the point of someone else making a non-related point in which they were discussing some term paper they did.

The point you are going off of was a 'side-comment' made by someone.

The ORIGINAL topic to sum it up for you.

someone said we are bound to crash, I said we weren't, all of our debt is in 'paper' and that paper aka currency is losing value.

The u.s. was smart enough {being evil or not} to make everyone adopt their 'currency' instead of gold, as the 'product' to go off of. Now that we did that, all debt we owe is in USD, and not gold - oil - commodities/resources - water - etc.

If the world went to crap, we have everything we need in the u.s., they estimate that at the rate the u.s. uses oil, we have atleast 50 + years of oil in Alaska alone to sustain us.

The point was we are in debt, but that debt is in paper & bonds ... again paper.

We import alot of what we don't need to import to sustain what we have.

EXACT same as stocking up on canned goods for 'that' day without electricity.

-edit/ The hunting/fishing comments were just random comments to prove that we have the resources to feed ourselves so if your arguement is going off of that, you can have it!

-edit #2/ our debt to China is in bonds that we just keep refinancing and giving new bonds at maturity, if we went to crap, we would be 'bankrupt' with China, that is it.
  • #338,214
  • Edited 11:10pm Dec 2, 2010 10:57pm | Edited 11:10pm
Quoting Pipwanderer
according to my daily chart we are still retracing but it looks like it fell right close to 38 fib but may be a 50% which is about 3351 before we hit the sell button hard..

Just my opinion. what is your opinion on there
the red check there is my target but i might be wrong
close enough for me. nothing we do matters right now.. its up to nfp..
those who can, do. those who cant, talk about those who can
  • #338,215
  • Dec 2, 2010 11:01pm Dec 2, 2010 11:01pm
Here's me thinking the FX market was 24/5. Lucky I have had something else to do while keeping an eye on it. Reinforces my semi-rule of not trading NFP day.
FF journal: Peaks and Troffs
  • #338,216
  • Dec 2, 2010 11:01pm Dec 2, 2010 11:01pm
Morning people.
Last night was my terrible day lost so much pipfor cut loss.
Thus I decided to change my trading style from short term to middle term.

Now, it is apparent to me that Eud$ is uptrend to 1.336 on daily chart.
So I will take long position and will close on 1.334.

I am convincing that Eud$ is downtrend in longer span but for solid profit game I do what I do.
  • #338,217
  • Dec 2, 2010 11:07pm Dec 2, 2010 11:07pm
Quoting gatorinla
mine is 0
trichet will be terminated
  • #338,218
  • Dec 2, 2010 11:07pm Dec 2, 2010 11:07pm
Quoting grashid


yes..sure....
1.31960-1.3875 depending an individual spread....is my number
possible it could start to 1.33 area from ~1.31510 area......
Continue from my yesterday view...now price clustering and flat at the above bolt area as expected and ready for spike down at any time...perhaps in London open
then continue as per our plan into Phase 1 Resistance area...

So good luck and Happy weekend...

cheers

g
Attached Image (click to enlarge)
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  • #338,219
  • Dec 2, 2010 11:09pm Dec 2, 2010 11:09pm
Quoting gatorinla
close enough doe me. nothing we do matters right now.. its up to nfp..
yeah that is very true... all we have to do is
  • #338,220
  • Dec 2, 2010 11:12pm Dec 2, 2010 11:12pm
Quoting Pipwanderer

trichet will be terminated
he is retiring any way.. he don't want a crash on his watch. he and Allen Greenspan helped create this monster.
those who can, do. those who cant, talk about those who can
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