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  • #513,041
  • Aug 6, 2011 2:15pm Aug 6, 2011 2:15pm
Quoting Wulfgar
I know! that is the cutest little kitty in the world

Ill kill at least 10 children to save it

but thats just me...
I've already been training recruits...

http://www.animal-forum.co.uk/wp-con...-president.jpg

http://www.alinkamalinka.com/wp-cont...with-a-gun.jpg

http://t1.gstatic.com/images?q=tbn:A...Hxf4echNc0ChAA

http://www.profilebrand.com/funny-pi...erkill-cat.gif

lol...
  • #513,042
  • Aug 6, 2011 2:15pm Aug 6, 2011 2:15pm
Quoting Venice
lol, but now I feel like I should go off grid, live in a hut, and grow my own food.
this is what it's all about. major thumbs up.
  • #513,043
  • Aug 6, 2011 2:17pm Aug 6, 2011 2:17pm
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...

dude thats been my goal for awhile

only question, where is the safest place to put a hut?

I know a guy who outfitted one of these:

http://i245.photobucket.com/albums/g...t/DSCF0763.jpg

as a full out survival unit... full camper shell, 6 foot tall all terrain tires, 2000 gallons of diesel, tons of food stuffs, etc etc... hell he even has a 60 foot mast that comes out the top that opens into a huge Camo tent

guy owns 100 or so acres out in the north east part of san diego county... he has dug huge holes on his property and put giant bins in them full of survival gear( weapons, food, fresh water, etc..) and buried them

guy used to be an OBgyn.... maybe lookin at all that pussy made him paranoid or something.. but damn, if shit hits the fan i know who Im calling...

http://www.smiley-lol.com/smiley/dep...milsurchar.gif
  • #513,044
  • Aug 6, 2011 2:17pm Aug 6, 2011 2:17pm
Quoting Venice
Yep. It's a downward spiral that is hard to gain momentem and switch directions with.

Government can't borrow > government can't spend > government can't pay for the social safety nets (IMO the only social programs that should be active; if your able bodied you work; if you don't work, you don't eat; simples). > People who just lost their job have no carry over cash from unemployment > person stays out of the work force > money isn't paid in taxes back to the government > government earns even less.

We are when it comes down to it... assets...
yep its better to send our money overseas.. fuck the assets.
those who can, do. those who cant, talk about those who can
  • #513,045
  • Aug 6, 2011 2:18pm Aug 6, 2011 2:18pm
Quoting Chicky
I will go with the region who first realizes this and tries to create a balance between debt financing and equity financing.
any takers for south america?
  • #513,046
  • Aug 6, 2011 2:20pm Aug 6, 2011 2:20pm
Quoting Venice
I've already been training recruits...

http://www.animal-forum.co.uk/wp-con...-president.jpg

http://www.alinkamalinka.com/wp-cont...with-a-gun.jpg

http://t1.gstatic.com/images?q=tbn:A...Hxf4echNc0ChAA

http://www.profilebrand.com/funny-pi...erkill-cat.gif

lol...

lol! exactly ... when shit goes down an army of ruthless feline killers will be very difficult to combat
  • #513,047
  • Aug 6, 2011 2:21pm Aug 6, 2011 2:21pm
yo wulf, aren't you in hawaii already? you kind of already have the set up.
  • #513,048
  • Aug 6, 2011 2:24pm Aug 6, 2011 2:24pm
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
here's the problem i see in that bullish engulfing....
it closed right below previous res.... it would have been nice if it closed above, but that's technical side... next week, fundies take over, i think.
  • #513,049
  • Aug 6, 2011 2:24pm Aug 6, 2011 2:24pm
For those that lived in denial a glimpse of reality might have finally sunk in.

Was the downgrade really that big of a surprise to anyone, whats all this fuss about?
  • #513,050
  • Aug 6, 2011 2:25pm Aug 6, 2011 2:25pm
Quoting RichFWebb
yo wulf, aren't you in hawaii already? you kind of already have the set up.

i got a place there, yes.. have a place in san diego too( here right now)...

Hawaii kinda worries me though cause its a damn island... from a survivalist standpoint, nowhere to run ya know? i gotta get a helicopeter

goal of the week: make enough pips to afford a personal helicopter and pilot lessons
http://www.smiley-lol.com/smiley/dep...icoptere07.gif
  • #513,051
  • Aug 6, 2011 2:25pm Aug 6, 2011 2:25pm
Quoting pkimnyc
here's the problem i see in that bullish engulfing....
it closed right below previous res.... it would have been nice if it closed above, but that's technical side... next week, fundies take over, i think.
Same thing happened on the 3rd with the bull engulfer. His chart he may be looking at possible supply turned demand.
  • #513,052
  • Aug 6, 2011 2:25pm Aug 6, 2011 2:25pm
Quoting 2046
For those that lived in denial a glimpse of reality might have finally sunk in.

Was the downgrade really that big of a surprise to anyone, whats all this fuss about?
exactly

its transitory
  • #513,053
  • Aug 6, 2011 2:28pm Aug 6, 2011 2:28pm
If we want to talk about politics then, fairly speaking, it is preposterous that e.g. Belgium and US have the very same debt rating. I'm not an economy expert but it just doesn't make sense to me.

On the other hand, it's probable that pretty much most of the countries are overrated.
big numbers are our friends...
  • #513,054
  • Aug 6, 2011 2:30pm Aug 6, 2011 2:30pm
Quoting kenfen69
Telegraph...

Saudi stock market first to plunge on S&P downgrade

Saudi Arabia's stock market dropped 5.46pc on Saturday as it became the first exchange to react to the historic US credit downgrade.
"surprised look" hmmmm interest rates up. less borrowing means us, buys less... and china and so on.. commodities drop.. less speculation and more margin calls on things like oil. the fun part is... these guys (opec) are budgeted on high oil... watch what happens when it falls.. some will pump more to try to meet their budgets. will they agree to pump less to raise the price or will it free fall? who knows? meanwhile the peasants will gather again when their social check stops coming.. peasants all over the world will gather if the u.s. pays more.. shit runs down hill. bad at the top is worse at the bottom. exporters depending on the u.s. should assume the position
those who can, do. those who cant, talk about those who can
  • #513,055
  • Aug 6, 2011 2:31pm Aug 6, 2011 2:31pm
Quoting RichFWebb
any takers for south america?
Its either Europe or USA. It takes more than just economic power to rule the world. If one is gone other is there, but things get nasty like they did in the past just before we knew Japanese make cars better than Europe ........... they got hit ...............twice.
The Thief of Wall Street
  • #513,056
  • Aug 6, 2011 2:33pm Aug 6, 2011 2:33pm
Quoting Wulfgar
its transitory
the definition of 'news' lol..

i know what you're saying about the whole island thing, that was my plan back in march to start up a farm, but i got dragged back to the us somehow.. it all comes down to food and water, some would say guns and ammo, but I'm of the persuasion that killin does no good
  • #513,057
  • Aug 6, 2011 2:34pm Aug 6, 2011 2:34pm
Quoting Wulfgar
germany is pissed... saying FU to the EFSF straddling them with the entirety of the eurozones inadequacies...

historical lesson : Angry germans are not the people with whom to fuck
True that - perhpas the real answer here is not prop up greece, spain, itality etc, but instead to invade and govern them

TBH - I really am not suprised those tourist countries are having a hard time.

They are attractive to goto because they are sunny and while there it used to be really cheap and alot of fun (ie before euro currency and before euro rules stpped the fun).

So since theyve had the euro, holidays in greece, spain, portal, greece etc have become really expensive - painfully so - places like turkey, egypt etc are now far more attractive from a cost perspective, so while I have never actually looked into it, I have to wonder if the tourist industries in these countries just arnt doing anywhere near as well as they used to and in particular, meaning that the finacial basis upon which they joined the euro is no longer valid and will never be again so long as they remain expensive places to go.

Bailing them out is one thing, but I cant see that being anything more than a temporary measure unless these countries can develop an economy that isnt dependent on tourists who might be finding a more relaxed and cheaper holiday elsewhere. Same with their agriculural encomony - africa (egypt in particular) are grabing that - so whats left for them? Wine exporters?

Sorry greek wine is horrible, so they dont even have that - at least the italians and spanish have drinkable wine

At this rate about the only contribution that greece will have is what they had in roman times - olives and olive oil (and slaves?) - not alot to base a modern economy on really...

Cut them off - let them make their own way.

(Someone who has a clue on what greece can base an modern economy on might want to chime in here as I dont...
  • #513,058
  • Aug 6, 2011 2:35pm Aug 6, 2011 2:35pm
Quoting deeZG
looks like the stage is set...

this was a while ago in EU parliament


http://www.youtube.com/watch?v=2gm9q8uabTs
who would of thunk?
those who can, do. those who cant, talk about those who can
  • #513,059
  • Aug 6, 2011 2:35pm Aug 6, 2011 2:35pm
If I was a rich prick market mover looking to put it to the retailer as much as possible come sunday Id

1: stretch the fuck out of the ttokyo channel str8 down( make sure to leave a big fat gap) with a completely insane range( like 180+ pips), accumulate a shitload of shorts, pull back and consolidate for a few hours before the frankie above the low

2: Frankie comes on I poke a little turtlehead out the bottom of the range and squeeze all the poor bastards who called a short term bottom, jack the price right back over the mid point of the day to knock out breakout traders and get all the shorts thinking somethin insane is going on so they flip long cause "hey, the USD is weakening since the downgrade!"

3: enter london, hightail price out of there at warp 9 str8 down and blow the bottom out completely. goals completed: market freaked out, investors trying desperately to position cause they have no clue wtf is happening, margin calls engaged

4: NY open: nothin but a monster move back up blast the stops placed on the other side of the "gap", media is going nuts the whole time about all the BS downgrades and shit , pull off the top to trap the shorts around NY roll forcing em to pay swap... game, set, match

rich, prick market movers have a great day... retailers get margined out and have a shitty day


just for shits... that would be awesome if it happened
  • #513,060
  • Aug 6, 2011 2:36pm Aug 6, 2011 2:36pm
Quoting Venice
Same thing happened on the 3rd with the bull engulfer. His chart he may be looking at possible supply turned demand.
precisely...
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