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  • #408,341
  • Mar 16, 2011 4:49pm Mar 16, 2011 4:49pm
Quoting 2+2=4ex
Supposedly all 6 reactors have problems to some degree. Latest I've heard 2 of the containments were breached and releasing high levels of radiation. If the wind starts blowing SW-SSW, then goodbye Tokyo. This could escalate into a disaster of mammoth proportions.

Not likely "mammoth" in proportion. The market may take it that way tho......

For now watch and pray for the best. The market is likely to over react to everything right now. Cool heads will prevail in the end. (likely oil, gold, and yes the Dollar up) (likely down AUD and EUR)

Nothing is set in stone yet. For now the hype is worse than what we should see.


Cool heads........
  • #408,342
  • Mar 16, 2011 4:50pm Mar 16, 2011 4:50pm
Quoting highlander2
I was a big fan of nuclear power until I watched a documentary on Chernobyl (on you tube) only a couple on months ago. Europe owes everthing to those who sorted that out, it was nearly a lot worse because the entire core could have been blown out if it wasnt stopped.

Im afraid Im no longer a fan of nuclear power...

This maybe the biggest thing mankind has ever faced
You know what, I remember writing a school project about nuclear power that concluded it was too dangerous, I was about 8 years old (back in the late 70's), even an 8 year old kid can figure that one out...
  • #408,343
  • Mar 16, 2011 4:52pm Mar 16, 2011 4:52pm
Quoting 2+2=4ex
Supposedly all 6 reactors have problems to some degree. Latest I've heard 2 of the containments were breached and releasing high levels of radiation. If the wind starts blowing SW-SSW, then goodbye Tokyo. This could escalate into a disaster of mammoth proportions.
when explosion happened in Chernobyl i remember that every kid in school had to drink some iodine
and i am living ca.850 km from that place.
that is a disaster
  • #408,344
  • Mar 16, 2011 4:52pm Mar 16, 2011 4:52pm
Quoting highlander2
... Im afraid Im no longer a fan of nuclear power...
How do you feel about deepwater drilling.

How do you feel about coal fired plants spewing mercury, arsenic etc etc

And then finally how do feel about going back to horse and buggy days ......... until wind, solar and geo-thermal and whatever else gets developed to the point of replacing oil and nukes.

Something to think about.
  • #408,345
  • Mar 16, 2011 4:53pm Mar 16, 2011 4:53pm
flattttttttttttttttt no regrets coffee time
  • #408,346
  • Mar 16, 2011 4:53pm Mar 16, 2011 4:53pm
Short closed expecting bounce @ 1.38820

Quoting pipper
Didn't close above. Nearly (1.39284) but didn't make it. Short with stop loss above
Disclaimer: Check your 1m charts
  • #408,347
  • Mar 16, 2011 4:54pm Mar 16, 2011 4:54pm
Quoting kill56
what u want me to tell u bro nikkei fut is down 600p yen is the lowest against the dollar sense world war 2 its fucked up
Actually mate, YEN is at the strongest gain vs DOLLAR since WW II.

Yen strenghtened vs dollar, its not vice versa.
  • #408,348
  • Mar 16, 2011 4:54pm Mar 16, 2011 4:54pm
Safe trading in Asia all
Disclaimer: Check your 1m charts
  • #408,349
  • Mar 16, 2011 4:58pm Mar 16, 2011 4:58pm
Quoting T@rantula
Actually mate, YEN is at the strongest gain vs DOLLAR since WW II.

Yen strenghtened vs dollar, its not vice versa.
sure bro if its low against the dollar it means its strong u get less yens for the doomed dollar
  • #408,350
  • Mar 16, 2011 4:59pm Mar 16, 2011 4:59pm
Steve Hochberg from EW-International thinks, that we have seen the top @401x and are now down in a wave 3.

under this aspect I try to analyze the movement down from this top. The waves do not appear to be impulsiv, at least not at the lower TF's.

Especially strange the high spike this evening. When I asume that this spike up is the wave two of this wave 3, than the only solution for wave 1 I can offer is a leading diagonal.

Wave 2th after a leading diagonal retrace normally high. Since the wave A of this wave 2 is clearly a zigzag and no impulse the solution is a 3-3-5 flat correction, Now in wave B zigzag down. The following move up should be an impulse (or maybe zigzag's too for a WXY pattern). An impulse in a flat correction is nomally 100-162% of A.

As I write this we have reached the base of the upmove. Not unusual for a flat. Wave B can go deeper as the start of wave A.

Maybe a good place to go long with a target around the wave A high @ 3963
  • #408,351
  • Mar 16, 2011 5:00pm Mar 16, 2011 5:00pm
Quoting kill56
sure bro if its low against the dollar it means its strong u get less yens for the doomed dollar
LOL, i didnt understand what u were trying to say? Are u smoked?
  • #408,352
  • Mar 16, 2011 5:03pm Mar 16, 2011 5:03pm
Quoting T@rantula
LOL, i didnt understand what u were trying to say? Are u smoked?

lebanies bro the best
  • #408,353
  • Mar 16, 2011 5:04pm Mar 16, 2011 5:04pm
Quoting 2046

Hope you are right in your self assessment. I'd wish I was in a position to comfortably say I know everything there is to know... to me market dynamics appear complex beyond determination and I'd be inclined to say that it is in their nature to be indeterministic.
I don't know but is this Charlie Sheen we're talking about here?
  • #408,354
  • Mar 16, 2011 5:04pm Mar 16, 2011 5:04pm
Quoting SunTrader
How do you feel about deepwater drilling.

How do you feel about coal fired plants spewing mercury, arsenic etc etc

And then finally how do feel about going back to horse and buggy days ......... until wind, solar and geo-thermal and whatever else gets developed to the point of replacing oil and nukes.

Something to think about.
Im afraid the answers to the worlds problems are beyond me, and I am well aware that there is really no alternative.

I would say though that there is a serious waste of electricity, every dam thing has a light on it all night.

They can start by shooting out every second street light. Id rather take my chance with the boogie man in a dark alley or the danger on the road than be poisoned with radiation. At least I can see the boogie man comming.

Its just like trading, there is the risk and there is the reward, you cant have a reward without taking a risk, and you cant have power without the consequences.

Anyways off to bed now....
  • #408,355
  • Mar 16, 2011 5:05pm Mar 16, 2011 5:05pm
Quoting kill56
sure bro if its low against the dollar it means its strong u get less yens for the doomed dollar
nikkei opened down 2.1%
  • #408,356
  • Mar 16, 2011 5:06pm Mar 16, 2011 5:06pm
Quoting kill56
lebanies bro the best
  • #408,357
  • Mar 16, 2011 5:07pm Mar 16, 2011 5:07pm
Quoting FibbinArchie
nikkei opened down 2.1%
apparently not all companies are trading... but still pretty good
  • #408,358
  • Mar 16, 2011 5:08pm Mar 16, 2011 5:08pm
risky crazy stop loss still a must let the fog clear out
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  • #408,359
  • Mar 16, 2011 5:11pm Mar 16, 2011 5:11pm
Quoting FibbinArchie
nikkei opened down 2.1%

yes bro still fogy me dont like

now %4
  • #408,360
  • Mar 16, 2011 5:13pm Mar 16, 2011 5:13pm
Quoting mohan76
lost 550pip (4 full lot) on eu/aud
i was long on gbp/chf (was out of my rules) and same 390 pip short (13% running loss).... but small position, had to cut down to half on a loss of 5%

that what happens when trading against longer trend is done without stops.
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