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  • #513,021
  • Aug 6, 2011 1:29pm Aug 6, 2011 1:29pm
Quoting RichFWebb
hah, true about those germans. that would tie into the s&p downgrade, and a nice risk off day.

it's a confusing time though, esp. with the possibility of risk off meaning a euro positive move for the first time in history? I really don't know. I'll prob just stick with chf and jpy on this one..
ya it def is a wild time...

ultimately though i feel the EU will drop

the SP downgrade may give a kneejerk reaction and promote some USD weakness( prolly during Mondays NY session)

but ultimately traders dont give a rats ass about ratings.... look at Japan.. they are a AA- with a neg outlook and it hasnt hurt the yens strength much has it?

the swissy is surging but thats hardly only cause S&P says it has a AAA credit rating. Its more to do with the fact the franc is the traditional safe haven when all is not well in Euroville

so anyhow... wive been dead wrong before... but if in fact the EU does hit the 3329 by labor day I have to, in the spirit of this thread, post up my old calls and gloat about my greatness maniacally http://www.smiley-lol.com/smiley/heu...resheureux.gif
  • #513,022
  • Aug 6, 2011 1:30pm Aug 6, 2011 1:30pm
Quoting TheGamer
Same hope, but it'll take time i guess. Some major global change is needed to fix things here on our planet.
Otherwise, as of me, its a incomplete world & will always remain the same.
Once we look up to what is best for our next generation and not make any region battle ground of the world.
The Thief of Wall Street
  • #513,023
  • Edited 1:49pm Aug 6, 2011 1:35pm | Edited 1:49pm
OK i done a bit of research on this..

i came out with this..why I think USD will gain

USD is the reserve currency of the world..u have to have it as its needed for trade..what this downgrade has achieved (i think) instability in US economy..stock market shares, people will bailout

and look for cash..everything will go into USD as its liquid and not physical it has value (can be printed at will)
(when money is created theres always a debt, and that debt cannot be repaid as it will be needed for the economy to tick over
gold is physical and therefore too expense..so people will pull out there as well because they will be looking for cash

stocks market will plunge giving USD strength as money is diverted straight into usd

but this is just what i think based on a bit of research..no idea really..lol

please tell me what yah think..or does it make no sense at all..i havent got a clue but lets at least try find some logic to this crazyness..will be good for future..lol
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  • #513,024
  • Aug 6, 2011 1:35pm Aug 6, 2011 1:35pm
Quoting Wulfgar
so anyhow... wive been dead wrong before... but if in fact the EU does hit the 3329 by labor day I have to, in the spirit of this thread, post up my old calls and gloat about my greatness maniacally http://www.smiley-lol.com/smiley/heu...resheureux.gif
haha as deserved if that's where we're at by then...
  • #513,025
  • Aug 6, 2011 1:38pm Aug 6, 2011 1:38pm
Quoting deeZG
looks like the stage is set...

this was a while ago in EU parliament


http://www.youtube.com/watch?v=2gm9q8uabTs
This was uploaded in Nov last yr..

We had a six month rally since from 130 to 148 ..
  • #513,026
  • Aug 6, 2011 1:42pm Aug 6, 2011 1:42pm
its all a big mess to me.. if stocks crash, dollar appreciates, but with QE3 still on the table, possible interest rate hikes... and so much money is in carry trade, that the rate hikes might cause a usd dump
  • #513,027
  • Aug 6, 2011 1:44pm Aug 6, 2011 1:44pm
Quoting Chicky
Once we look up to what is best for our next generation and not make any region battle ground of the world.
i've thought about such matters very deeply & came to one conclusion only... like we learn 1,2,3 a,b,c etc from the start, spiritual teaching should also be there after certain age level. then we can easily maintain & follow the laws of nature. then, life will relish here.
Hope
  • #513,028
  • Aug 6, 2011 1:51pm Aug 6, 2011 1:51pm
Quoting PayTheLimit
simple chart, Saturday edition...
Nice supply zone, and low and behold, price bounced off the 50% of it. WTF, charts are starting to piss me off. They are no longer a mystery.

To those paying attention and still learning charts... big, big hint is in PTL's setup here. Look at it, study it, reapply it.
  • #513,029
  • Aug 6, 2011 1:53pm Aug 6, 2011 1:53pm
Quoting Purple
This was uploaded in Nov last yr..

We had a six month rally since from 130 to 148 ..
you're right but the point is he was mentioning Spain and that there would be no money for a bailout of such a big economy (without Italy). And now we have Greece not saved with Italy and Spain knocking on the door...
big numbers are our friends...
  • #513,030
  • Aug 6, 2011 1:53pm Aug 6, 2011 1:53pm
Quoting RichFWebb
its all a big mess to me.. if stocks crash, dollar appreciates, but with QE3 still on the table, possible interest rate hikes... and so much money is in carry trade, that the rate hikes might cause a usd dump

usd cannot fall in a straight line..it needs a bounce, also think the figures were actually good this time..people need to floke to safety for the bloody thing to go up it appears

look at my chart also ..of usd strength..the weekly is a bullish engulf

i dont know but techically usd has a chance to rise
if it falls we all screwed is the reality
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  • #513,031
  • Aug 6, 2011 1:55pm Aug 6, 2011 1:55pm
Quoting TheGamer
i've thought about such matters very deeply & came to one conclusion only... like we learn 1,2,3 a,b,c etc from the start, spiritual teaching should also be there after certain age level. then we can easily maintain & follow the laws of nature. then, life will relish here.
i agree

and..

http://i251.photobucket.com/albums/g...hell/kitty.jpg
  • #513,032
  • Aug 6, 2011 1:58pm Aug 6, 2011 1:58pm
Quoting nAVIN2007
usd cannot fall in a straight line..it needs a bounce, also think the figure were actually good this time..people need to floke to safety for the bloody thing to go up it appears

look at my chart also ..of usd strength..the weekly is a bullish engulf

i dont know but techically usd has a chance to rise
if it falls we all screwed is the reality
Even with all the volatility and pretty much all kinds of shat hitting the fan (brown, green, and blue even)... current daily direction is pointing down. Although, we are close to showing a V-pattern on the 4h... 4364 could still very well put a cap on us.

Only part I hate about markets... is the constant barrage of political and news going on ... makes me paranoid man, I was much happier living in bliss. Half the information I get is crap anyways... lol, but now I feel like I should go off grid, live in a hut, and grow my own food.

Probably would be safer anyways... hhehe
  • #513,033
  • Aug 6, 2011 1:59pm Aug 6, 2011 1:59pm
Quoting Venice
Nice supply zone, and low and behold, price bounced off the 50% of it. WTF, charts are starting to piss me off. They are no longer a mystery.

To those paying attention and still learning charts... big, big hint is in PTL's setup here. Look at it, study it, reapply it.
Still learning. already saved the chart
will analyze on Monday close.
Hope
  • #513,034
  • Aug 6, 2011 2:00pm Aug 6, 2011 2:00pm
Quoting Wulfgar
i agree

and..

http://i251.photobucket.com/albums/g...hell/kitty.jpg
Screw the children, save the kittens!!
  • #513,035
  • Aug 6, 2011 2:03pm Aug 6, 2011 2:03pm
Quoting Venice
Even with all the volatility and pretty much all kinds of shat hitting the fan (brown, green, and blue even)... current daily direction is pointing down. Although, we are close to showing a V-pattern on the 4h... 4364 could still very well put a cap on us.

Only part I hate about markets... is the constant barrage of political and news going on ... makes me paranoid man, I was much happier living in bliss. Half the information I get is crap anyways... lol, but now I feel like I should go off grid, live in a hut, and grow my own food.

Probably...
i hear yah..its all BS
I dont trade news at all as i trade the big picture and find it priced in..but this shit is beyond reasoning...lol

why the hell would S&P Downgrade now after 16 trillon debt..madness
  • #513,036
  • Aug 6, 2011 2:04pm Aug 6, 2011 2:04pm
Quoting TheGamer
i've thought about such matters very deeply & came to one conclusion only... like we learn 1,2,3 a,b,c etc from the start, spiritual teaching should also be there after certain age level. then we can easily maintain & follow the laws of nature. then, life will relish here.
Don't know from where I learned this ......... One Japanese philosophy is to reconsider the whole thing after every change and if needed, change the whole bloody thing from bottom to top. The simple reason being that a minor disbalance may have a significant long term impact.

Although this recent S&P down grading of USD debt is not a surprise (they warned earlier) but it came before down grading of Greece after its deal. This changes everything for me and therefore considering the whole scenario from the scratch.

Whatever the US rating, they will have to increase rate of interest. Its not prudent to assume that we will be able to put this world's ecomomy back on track without increasing purchasing power of poor and middle class people. Small businesses are backbone of any economy and they have been pushed to bottom. No doubt large business units can achieve such an economy of scale that small business cannot even imagine, but fair distribution of wealth cannot be postponed for very long. How we balance that is something to be worked out. But if we remain determined in correcting the situation without giving a boost to small businesses and increasing purchasing power of poor & middle class, we need a Robin Hood who steals from rich and passes to poor through taxation reforms.

I will go with the region who first realizes this and tries to create a balance between debt financing and equity financing.
The Thief of Wall Street
  • #513,037
  • Aug 6, 2011 2:06pm Aug 6, 2011 2:06pm
Quoting nAVIN2007
usd cannot fall in a straight line..it needs a bounce, also think the figures were actually good this time..people need to floke to safety for the bloody thing to go up it appears

look at my chart also ..of usd strength..the weekly is a bullish engulf

i dont know but techically usd has a chance to rise
if it falls we all screwed is the reality
thanks for the chart, yeah i agree about the bounce.
  • #513,038
  • Aug 6, 2011 2:10pm Aug 6, 2011 2:10pm
Quoting Venice
Screw the children, save the kittens!!

I know! that is the cutest little kitty in the world

Ill kill at least 10 children to save it

but thats just me...
  • #513,039
  • Aug 6, 2011 2:13pm Aug 6, 2011 2:13pm
Quoting sasavisnic67
Hi Gatorinla,
Is this not the only way you know how to do it? For everything else you would need education system with some quality. You could not make The bomb without getting Nazi scientists to US at the first place.
And yea we see how, brave you are and how good it worked in Iraq and Afghanistan. Good luck with this kind of democratie that you are bringing to the world, and that we know how it works for years already.

[color=black][font=Verdana]So...
really? that's because i don't run the show. first i would kill everything that moved. goats, camels, cats, goldfish and grandma. poison all and everything green and any water source i could find.. let the survivors naw on the dead bones of their ancestors. video it and make sure all the neighbors see what happens when u shit in my yard. there would be less shit in my yard. my neighbors would smile at me when i passed. and they wouldn't throw their shit in my yard. nor would they allow someone to do from their yard.

how stupid can you be? Germans were here before during and after along with hundreds of other nationality's. when you shit in my yard i would take yours permanently. and when you are no more. i have no more problem with you. its best you pray someone like me does not take the wheel. but keep shitting and the odds are improving that my twin will.
those who can, do. those who cant, talk about those who can
  • #513,040
  • Aug 6, 2011 2:13pm Aug 6, 2011 2:13pm
Quoting RichFWebb
thanks for the chart, yeah i agree about the bounce.
yur welcome
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