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The Really Useless Thread

  • #581
  • Aug 22, 2011 2:01pm Aug 22, 2011 2:01pm
Quoting OldQuant
I'm going to go watch the E/U thread a little during lunch. Last time I looked, they were talking about the efficacy of phase-of-moon trading, and it was starting to look like rattyo and the panda guy were assuming the mantle of gurus. Lotta love it.
Fat Panda, lol...4150 today..lol..

he thinks the mofu indicator is a sack of magic beans..lol
Look Sharp/Trade Tight
  • #582
  • Aug 22, 2011 2:02pm Aug 22, 2011 2:02pm
Quoting PayTheLimit
did you see the pic of that guy, looks a little like a vampire...yikes
I checked his profile he lives somewhere in Siberia it cold there ,LOL
  • #583
  • Aug 22, 2011 2:03pm Aug 22, 2011 2:03pm
Quoting sofia101
On twitter they are talking about surprise coming from FED
what kind of surprise?
Look Sharp/Trade Tight
  • #584
  • Aug 22, 2011 2:03pm Aug 22, 2011 2:03pm
Quoting sofia101
Yes I know I feel sorry for him
He's either full of shit or they'll find him wearing cement boots at the bottom of the Volga. LOL.
  • #585
  • Aug 22, 2011 2:04pm Aug 22, 2011 2:04pm
Quoting sofia101
I checked his profile he lives somewhere in Siberia it cold there ,LOL
lol, vampire trader..I like it, from Siberia shooting 80 lots, maybe his dad has oil or nat gas wells, guess you never know on the internet..
Look Sharp/Trade Tight
  • #586
  • Aug 22, 2011 2:06pm Aug 22, 2011 2:06pm
Quoting PayTheLimit
what kind of surprise?
If they would know it would not a surprise) All kind of speculations ,the FED is cornered and this is election year,well next but this one is very important ,I just hope they would not make it worse
  • #587
  • Aug 22, 2011 2:06pm Aug 22, 2011 2:06pm
Quoting PayTheLimit
lol, vampire trader..I like it, from Siberia shooting 80 lots, maybe his dad has oil or nat gas wells, guess you never know on the internet..
No, he said this: "slightly more than one million dollars. leverage 1:50. money from hundreds of investors."

That's why I was thinking cement boots.
  • #588
  • Aug 22, 2011 2:07pm Aug 22, 2011 2:07pm
Quoting PayTheLimit
lol, vampire trader..I like it, from Siberia shooting 80 lots, maybe his dad has oil or nat gas wells, guess you never know on the internet..
That or a big demo account)
  • #589
  • Aug 22, 2011 2:07pm Aug 22, 2011 2:07pm
Quoting sisse
In my charts, TA is holding in the last hanger before a momentum move down and the good move can be triggered on the close/Tokyo which is a pain in the ass for us (European time traders).

BTW, crazy gold at 189x. If FED decide to let QE3 go this week, we'll see the unthinkable (a few weeks ago) $2000.

sisse
yea brother, have a trailer on myself, just in case...
Look Sharp/Trade Tight
  • #590
  • Aug 22, 2011 2:08pm Aug 22, 2011 2:08pm
Quoting sofia101
On twitter they are talking about surprise coming from FED
They're all tweeting their books. I may be wrong, but the Fed hates political spotlights. That's why Alan-the-Great-Charlatan always spoke in riddles. The politicians weren't smart enough to figure out what he just said so they could call him out on it.
  • #591
  • Aug 22, 2011 2:08pm Aug 22, 2011 2:08pm
Quoting attila
No, he said this: "slightly more than one million dollars. leverage 1:50. money from hundreds of investors."

That's why I was thinking cement boots.
lol, thats going to leave a mark, surely...
Look Sharp/Trade Tight
  • #592
  • Aug 22, 2011 2:08pm Aug 22, 2011 2:08pm
Quoting attila
No, he said this: "slightly more than one million dollars. leverage 1:50. money from hundreds of investors."

That's why I was thinking cement boots.
you know it is cold there ,he maybe just dreaming by the stove ,LOL
  • #593
  • Aug 22, 2011 2:09pm Aug 22, 2011 2:09pm
OK time for a......... bbl, gl, PTL...
Look Sharp/Trade Tight
  • #594
  • Aug 22, 2011 2:09pm Aug 22, 2011 2:09pm
Quoting OldQuant
They're all tweeting their books. I may be wrong, but the Fed hates political spotlights. That's why Alan-the-Great-Charlatan always spoke in riddles. The politicians weren't smart enough to figure out what he just said so they could call him out on it.
True but Ben is not that smart
  • #595
  • Aug 22, 2011 2:10pm Aug 22, 2011 2:10pm
Quoting sofia101
On twitter they are talking about surprise coming from FED
Stock markets are usually very clear with the FED. They are hanging a few steps away from the abyss (last week fresh and last daily S before Bear market is officially declared).

Last time on a hurry they decided to hold rates till 2013 (saying out loud and in panic was a huge mistake IMO) and they have been widely criticized in the US. I am not sure how are they going to balance moral risk with effective monetary policy and QE3 so a surprise is not out of the question to avoid the lagging and moral hazard effect.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #596
  • Aug 22, 2011 2:11pm Aug 22, 2011 2:11pm
Still waiting for 4350. Stupid thing....
  • #597
  • Aug 22, 2011 2:15pm Aug 22, 2011 2:15pm
Quoting sisse
Stock markets are usually very clear with the FED. They are hanging a few steps away from the abyss (last week fresh and last daily S before Bear market is officially declared).

Last time on a hurry they decided to hold rates till 2013 (saying out loud and in panic was a huge mistake IMO) and they have been widely criticized in the US. I am not sure how are they going to balance moral risk with effective monetary policy and QE3 so a surprise is not out of the question to avoid the lagging and moral hazard effect.

sisse
will see ,it 's coming soon .I want to see how they will dig their way out
  • #598
  • Aug 22, 2011 2:15pm Aug 22, 2011 2:15pm
Quoting sisse
Stock markets are usually very clear with the FED. They are hanging a few steps away from the abyss (last week fresh and last daily S before Bear market is officially declared).

Last time on a hurry they decided to hold rates till 2013 (saying out loud and in panic was a huge mistake IMO) and they have been widely criticized in the US. I am not sure how are they going to balance moral risk with effective monetary policy and QE3 so a surprise is not out of the question to avoid the lagging and moral hazard effect.

sisse
Yes, but an overt QE is a FOMC call (I believe) and three of the current members have been very vocal in their public opinions about it, particularly if the clear linkage to supporting the equity market is too obvious.

That's why I suspect that the swap lines might be use to pull it off.
  • #599
  • Aug 22, 2011 2:18pm Aug 22, 2011 2:18pm
Quoting attila
Still waiting for 4350. Stupid thing....
Except early morning on e/chf I did not trade today ,what a mess ,plus bad storm coming to Florida in next couple days ,maybe no internet
  • #600
  • Aug 22, 2011 2:19pm Aug 22, 2011 2:19pm
Quoting OldQuant
Yes, but an overt QE is a FOMC call (I believe) and three of the current members have been very vocal in their public opinions about it, particularly if the clear linkage to supporting the equity market is too obvious.

That's why I suspect that the swap lines might be use to pull it off.
That seems the rational and logical option but BB and FED hasn't been particularly effective since a long time ago.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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