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  • #2,341
  • Aug 24, 2011 8:57am Aug 24, 2011 8:57am
Well I did say momentum was up it's not done yet may go higher
  • #2,342
  • Aug 24, 2011 9:00am Aug 24, 2011 9:00am
At london session high now..
  • #2,343
  • Aug 24, 2011 9:01am Aug 24, 2011 9:01am
Quoting sofia101
Well I did say momentum was up it's not done yet may go higher
You nailed it...nicely done!

Also...

Quoting sofia101
Yes it's a big one.
Thats what she said!

Sorry...teeth brushed...night, night.
  • #2,344
  • Aug 24, 2011 9:02am Aug 24, 2011 9:02am
:
Quoting kenfen69
You nailed it...nicely done!

Also...



Thats what she said!

Sorry...teeth brushed...night, night.
  • #2,345
  • Aug 24, 2011 9:04am Aug 24, 2011 9:04am
Back from my break, well that was a fun rebound to set the high here. Let's see if I can find something to trade here.

Sure been a choppy day, let's see how 62 gets decided.
  • #2,346
  • Aug 24, 2011 9:06am Aug 24, 2011 9:06am
Quoting cloggie
Back from my break, well that was a fun rebound to set the high here. Let's see if I can find something to trade here.

Sure been a choppy day, let's see how 62 gets decided.
Why 62? I don't have it. I've got 50..
  • #2,347
  • Aug 24, 2011 9:08am Aug 24, 2011 9:08am
Ahhhhhhhhhhhh. Bastard.... Got 62 now.
  • #2,348
  • Aug 24, 2011 9:09am Aug 24, 2011 9:09am
Quoting attila
Ahhhhhhhhhhhh. Bastard.... Got 62 now.


  • #2,349
  • Aug 24, 2011 9:12am Aug 24, 2011 9:12am
Quoting kenfen69
What a rosy snippet. Couldn't cram some housing stats in there to cap it all off?

Good to see you in the house, Lars.
hehe, have to leave some fun I reckon

oldquant was spot on with 2 though, check t-bills out
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  • #2,350
  • Aug 24, 2011 9:16am Aug 24, 2011 9:16am
wow they are really fighting on EU thread ) I love it
  • #2,351
  • Aug 24, 2011 9:22am Aug 24, 2011 9:22am
Quoting Piters
yup.. the funny thing is ..

when one president [specially the German] ask for legality of those ECB bonds purchase .. then it is just a strawberry on the top on all this parody..

the absurd of the whole Game..

The question is.. who rule here ??
EZ bond markets are about to blow again very soon and they will translate in euro sooner rather than later but this time the picture look gloomier. Germany and EZ economies are with awful last quarterly numbers, ECB already bought (too much probably) in the bond market. Politically, the poor [in]decision in the last French/German meeting left the door wide open for debt part IV and beyond.

However, probably the most important change in the EZ front is that Merkel has lost north (not only with the Euro but with the recent international events including the lame position with Libya and the M.East....).

Either for political reasons or just simply because is too tired to deal with Germany as a global player, the consequences of Germany in the passive side can be a fatal trigger for the euro and the EU in general...

In any case, still noisy, choppy and small daily range in the euro....all negative reports and FA for the EZ but too many positions to the long side in case of QE3 that is fading by the minute with stock markets rallying on air FA but rallying at the end....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,352
  • Aug 24, 2011 9:26am Aug 24, 2011 9:26am
wti and crude oil gapping like never before... might change after invnt. numbers... or maybe someone should blw the canadian pipe which goes to cushing up... either way
  • #2,353
  • Aug 24, 2011 9:27am Aug 24, 2011 9:27am
Quoting sisse
EZ bond markets are about to blow again very soon and they will translate in euro sooner rather than later but this time the picture look gloomier. Germany and EZ economies are with awful last quarterly numbers, ECB already bought (too much probably) in the bond market. Politically, the poor [in]decision in the last French/German meeting left the door wide open for debt part IV and beyond.

However, probably the most important change in the EZ front is that Merkel has lost north (not only with the Euro but with the recent international events...
It ;s so true ,strange market logic Q3 will most likely not in a cards ,3 fed. members openly oppose it ,but hope dies last )
  • #2,354
  • Aug 24, 2011 9:28am Aug 24, 2011 9:28am
Quoting cloggie
For the fundie boys, see Greek 10yr trying for 18 again. 17.8 now, the 2 year is a freaking joke, you get better rates at a loanshark, it is 41.50% now, why bother really.

2 yr at 44% now, getting hammered.
  • #2,355
  • Aug 24, 2011 9:34am Aug 24, 2011 9:34am
Quoting sofia101
It ;s so true ,strange market logic Q3 will most likely not in a cards ,3 fed. members openly oppose it ,but hope dies last )
Its the herd mentality that infinitus likes to mention. IMO, If there is QE3, a good piece of the move is already digested in charts (in the case of euro just holding support is enough), if not, they can sell high if NFP et al. disappoints....the rest are just sheep following the moves in the stock markets...

FA-wise the US and global economy has not improve a bit since 3 weeks ago when the selloff started but even turned slightly worse....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,356
  • Aug 24, 2011 9:35am Aug 24, 2011 9:35am
Over the years I've seen markets to go up before major news and then drop like a stone ,I guess a few will buy right at the top ) Well I am flat for now
  • #2,357
  • Aug 24, 2011 9:38am Aug 24, 2011 9:38am
Quoting sisse
Its the herd mentality that infinitus likes to mention. IMO, If there is QE3, a good piece of the move is already digested in charts (in the case of euro just holding support is enough), if not, they can sell high if NFP et al. disappoints....the rest are just sheep following the moves in the stock markets...

FA-wise the US and global economy has not improve a bit since 3 weeks ago when the selloff started but even turned slightly worse....

sisse
Yup it is a mob mentality ,and market makers know how to exploit it)
  • #2,358
  • Aug 24, 2011 9:40am Aug 24, 2011 9:40am
Quoting sisse
EZ bond markets are about to blow again very soon

The Finns are saying that they will pull out of the bailout package unless they get collatoral from Greece. Not sure what the Greeks can come up with other then some statues, or a few rusted out ships.
  • #2,359
  • Aug 24, 2011 9:42am Aug 24, 2011 9:42am
Quoting cloggie
The Finns are saying that they will pull out of the bailout package unless they get collatoral from Greece. Not sure what the Greeks can come up with other then some statues, or a few rusted out ships.
They could sell all the new Russians that come there for vacation )
  • #2,360
  • Aug 24, 2011 9:44am Aug 24, 2011 9:44am
Mornin peeps...
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