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  • #415,861
  • Mar 30, 2011 1:35pm Mar 30, 2011 1:35pm
Quoting Venice
The US Government is currently unconstitutional. lol
they change it at their own convenience. that's y the debt ceiling kept getting raised. i'll be damn concern if i'm an american!!!
  • #415,862
  • Mar 30, 2011 1:37pm Mar 30, 2011 1:37pm
Quoting attila
nah. it's been like that for a very long time...
Agreed. Revolution soon. That is, if we can get off our couches.

Quoting winningfx
they change it at their own convenience. that's y the debt ceiling kept getting raised. i'll be damn concern if i'm an american!!!
You can only push people so far, even the laziest of the laziest get fed up at a certain point.
  • #415,863
  • Mar 30, 2011 1:40pm Mar 30, 2011 1:40pm
Quoting Venice
Agreed. Revolution soon. That is, if we can get off our couches.



You can only push people so far, even the laziest of the laziest get fed up at a certain point.
two things i'm watching: 1. constitutional convention. 2. first state trying to secede. i would prefer the first.
  • #415,864
  • Mar 30, 2011 1:44pm Mar 30, 2011 1:44pm
RECAPITULATION OF TODAYS ESTIMATION:

Following is our view of current situation:

Play the range with mild positive stance ...

Bias still neutralized ... potential changeed from -02 to +02 ... which is NEUTRAL with mild favorizing upside from intraday prospective ...

Elliott counts up ... from 1.4022 to 1.4144 ... or even to 1.4205 etcetera ...

Weekly trend still bullish ...

Monthly trend still bullish ...

Quarterly trend still bullish ...

3 Day trend still in a corrective consolidation phase ... (breakout is what we wait for)

so nothing changed that much from the big picture ...


ZigZag A-B-C (Update - 30.03.2011 - 08h15 - Wednesday)


1.4204 1.4113
1.4187 1.4095
1.4169 1.4078
1.4152 1.4056
1.4134 1.4039
1.4113 1.4022
1.4095 1.4004
1.4078 1.3987 <= Stops below 1.3987/ 83 zone ...


1.4284 1.4117
1.4252 1.4086
1.4220 1.4054
1.4188 1.4015
1.4157 1.3983
1.4117 1.3951 <= Stops below 1.3957/ 51 zone ...
1.4086 1.3919
1.4054 1.3887

Hi & Lo
1.41489 1.40471


And this H8 candle will close in two and a half hours ... all eyes on clôture now ... simplified zigzag view ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-03-30_20h39_ EURUSD _ min480 _ (120) candle + PP + ST3.PNG Size: 27 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #415,865
  • Mar 30, 2011 1:44pm Mar 30, 2011 1:44pm
Quoting Venice
You can only push people so far, even the laziest of the laziest get fed up at a certain point.

i read it somewhere that there r americans who r not aware of their own country's financial situation. shocking isn't it!!!

pc algos r in charge now, lack of movement in e/u now. price may move somewhere b4 the us session ends. then ranging again, been like this for many days.
  • #415,866
  • Mar 30, 2011 1:47pm Mar 30, 2011 1:47pm
Quoting winningfx
i read it somewhere that there r americans who r not aware of their own country's financial situation. shocking isn't it!!!
and the ones that know they do about the 15T and fewer about the 160T which is the real number.
  • #415,867
  • Edited 1:55pm Mar 30, 2011 1:48pm | Edited 1:55pm
Quoting mercy seat
Following is our view of current situation...
Can you please tell me who "our" is in the above?

Sorry if this is obvious and something I should know by now.

EDIT: Would appreciate it if anybody who knows could let me know.
.
  • #415,868
  • Mar 30, 2011 1:50pm Mar 30, 2011 1:50pm
Nice flag in5 min cart.
  • #415,869
  • Mar 30, 2011 1:52pm Mar 30, 2011 1:52pm
Quoting pkimnyc
Nice flag in5 min cart.
She's a beauty! Peace flag? Surrendering?
  • #415,870
  • Mar 30, 2011 1:54pm Mar 30, 2011 1:54pm
Quoting kenfen69
She's a beauty! Peace flag? Surrendering?
surrendering bears you mean?
  • #415,871
  • Mar 30, 2011 1:59pm Mar 30, 2011 1:59pm
Quoting pkimnyc
surrendering bears you mean?
Only long term holds I have at the moment are shorts. But the bull in me loves a good tussle, too! It ain't my peace flag!

Could be humans surrendering to afternoon algos, though.
  • #415,872
  • Mar 30, 2011 2:02pm Mar 30, 2011 2:02pm
Quoting kenfen69
Only long term holds I have at the moment are shorts. But the bull in me loves a good tussle, too! It ain't my peace flag!

Could be humans surrendering to afternoon algos, though.
will be joining you soon, if conditions are right.
  • #415,873
  • Mar 30, 2011 2:06pm Mar 30, 2011 2:06pm
March 30 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said some municipalities will need to renegotiate their debt and a hundred of them may “not make it.”
“I wouldn’t panic about what I’m about to say,” he said today at a U.S. Chamber of Commerce event in Washington. “You’re going to see some municipalities not make it. I don’t think it’s going to shatter America, I just think it’s a part of the credit cycle.”
  • #415,874
  • Mar 30, 2011 2:08pm Mar 30, 2011 2:08pm
"March 30 (Reuters) -- As of 05:30 GMT, trading in Allied Irish and Bank of Ireland shares will be suspended pending the announcement of the stress test results, according to the Irish central bank."

Hmmmmmmmmmmmm...
  • #415,875
  • Mar 30, 2011 2:14pm Mar 30, 2011 2:14pm
Quoting kenfen69
"March 30 (Reuters) -- As of 05:30 GMT, trading in Allied Irish and Bank of Ireland shares will be suspended pending the announcement of the stress test results, according to the Irish central bank."

Hmmmmmmmmmmmm...
there is a famous saying: "never believe anything until it is officially denied."
  • #415,876
  • Mar 30, 2011 2:14pm Mar 30, 2011 2:14pm
looking for a trend break before adding to my short. apparent divergence in rsi and macd from price. still trying step carefully as these bulls are tenacious. good luck everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 54 KB
I fought the SNB and the SNB won.
  • #415,877
  • Mar 30, 2011 2:21pm Mar 30, 2011 2:21pm
Quoting attila
"never believe anything until it is officially denied."
Love that one! Definitely rings true with TEPCO these days.
  • #415,878
  • Mar 30, 2011 2:24pm Mar 30, 2011 2:24pm
Especially when something has been officially denied ever being denied in the first place.
  • #415,879
  • Mar 30, 2011 2:25pm Mar 30, 2011 2:25pm
Quoting Astroman
Especially when something has been officially denied ever being denied in the first place.
then you bet the farm on that one. LOL.
  • #415,880
  • Mar 30, 2011 2:28pm Mar 30, 2011 2:28pm
Quoting kenfen69
"March 30 (Reuters) -- As of 05:30 GMT, trading in Allied Irish and Bank of Ireland shares will be suspended pending the announcement of the stress test results, according to the Irish central bank."

Hmmmmmmmmmmmm...
Further to that:

"The stress tests will be published at 1530 GMT". Thursday
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