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The Really Useless Thread

  • #2,881
  • Aug 25, 2011 3:42am Aug 25, 2011 3:42am
Quoting cloggie
The problem is that they can't PR the euro down right now with BS statements, becasue that would kill the periphery right away, they need an orderly solution, one option would be to drop interest rates again in the fall, that would drop the euro, would improve the numbers from Germany, which in turn would drop their rates and then it would become more appealing to bail out the others, even increase the EFSF and issue eurobonds. Trichet put a spanner in the works with him raising the rates. The good thing for them right now is that EFSF is not rattified...
Agree. Well they don't have limitations for now because the macro numbers and inflation starting to point down which allow them to have a good room of maneuver.

They don't need to sterilize all especially in the "short term" but they are creating a mess (not the ECB, they are doing their job) but the lack of political and technical solutions at the EZ national government level. They are in hope mode more than in do mode.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,882
  • Aug 25, 2011 3:45am Aug 25, 2011 3:45am
Quoting Wulfgar
Rise of the 4th Reich...

and as we all know, once a country loses control of its economic policy, it loses its soverignty

given, this is a worst case scenario for Europe...
That's been a little thought that I been running threw as well...

World Wars haven't really worked out for Germany, so, why not try just buying out the EZ and work on bigger fish with a longer pole?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,883
  • Aug 25, 2011 3:45am Aug 25, 2011 3:45am
On another fundie note, the markets are holding their breath a bit today in anticipation of Heli opening his hole at the Hole tomorrow, couple that with the holdiay on Monday in the UK and I for one will not be trading heavily today and tomorrow.
  • #2,884
  • Aug 25, 2011 3:46am Aug 25, 2011 3:46am
M1 Hot zones.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,885
  • Aug 25, 2011 3:46am Aug 25, 2011 3:46am
Quoting cloggie
Yeah he does, he was a pretty clever fecker, he sold 1mbd a day and got paid loads of it in physical Gold. Wonder where it all is right now.

Libya is a very rich country and could well become the new Dubai if it is managed properly, time will tell. Of all the Arab spring countries, they have the brightest future ahead of them. They could ramp up production easily to 500 m barrels a year, we are talking serious dough there. The greatest thing about Libya is that all fields are run by Western companies with western technology, they could literally...
sure and thats why the west is there right?
Look Sharp/Trade Tight
  • #2,886
  • Aug 25, 2011 3:48am Aug 25, 2011 3:48am
bulls are trying to hold last hours close here it seems..
Look Sharp/Trade Tight
  • #2,887
  • Aug 25, 2011 3:48am Aug 25, 2011 3:48am
Quoting PayTheLimit
sure and thats why the west is there right?

We Europeans have been falling all over ourselves for 40 years to please Gadaffi and get his oil, look at the infamous Blair meeting in the tent when he got concessions for BP, Libya is important to the EU, more so then any of the other North African countries.
  • #2,888
  • Aug 25, 2011 3:49am Aug 25, 2011 3:49am
Quoting Magix
That's been a little thought that I been running threw as well...

World Wars haven't really worked out for Germany, so, why not try just buying out the EZ and work on bigger fish with a longer pole?

hey when the military fails... always fall back on conquering from the inside out....
  • #2,889
  • Aug 25, 2011 3:51am Aug 25, 2011 3:51am
Quoting cloggie
On another fundie note, the markets are holding their breath a bit today in anticipation of Heli opening his hole at the Hole tomorrow, couple that with the holdiay on Monday in the UK and I for one will not be trading heavily today and tomorrow.
Markets have been holding thier breath for days cause of all the aholes opening their holes at the hole....
  • #2,890
  • Aug 25, 2011 3:51am Aug 25, 2011 3:51am
Quoting PayTheLimit
bulls are trying to hold last hours close here it seems..
TK closing in 10, not sure how much tops they wanna be holding with the Hole conference in the morrow...keeping in mind, if the fit hits the shan, they are a long ways away from the action if only by measuring distance on the face of a clock...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,891
  • Aug 25, 2011 3:53am Aug 25, 2011 3:53am
Quoting cloggie
We Europeans have been falling all over ourselves for 40 years to please Gadaffi and get his oil, look at the infamous Blair meeting in the tent when he got concessions for BP, Libya is important to the EU, more so then any of the other North African countries.
And don't forget the French (they even started air strikes before UN or EU agreement) and Italians. No shit we only send NATO where we "need" them.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,892
  • Aug 25, 2011 3:54am Aug 25, 2011 3:54am
Quoting Magix
TK closing in 10, not sure how much tops they wanna be holding with the Hole conference in the morrow...keeping in mind, if the fit hits the shan, they are a long ways away from the action if only by measuring distance on the face of a clock...
point...
Look Sharp/Trade Tight
  • #2,893
  • Aug 25, 2011 3:55am Aug 25, 2011 3:55am
Quoting sisse
And don't forget the French (they even started air strikes before UN or EU agreement) and Italians. No shit we only send NATO where we "need" them.

sisse
lol, NATO should be in the S&P500...
Look Sharp/Trade Tight
  • #2,894
  • Aug 25, 2011 3:56am Aug 25, 2011 3:56am
Quoting PayTheLimit
lol, NATO should be in the S&P500...
lol ....yeap that will be excellent, guarantee momentum every time things get choppy...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,895
  • Aug 25, 2011 3:58am Aug 25, 2011 3:58am
Ah well, I am going to be taking a mid morning break here.

Something is building on the 15 and I recognise it from somewhere. Is it a bird, is it a plane, no it is something else, can't quite put my finger on it (just yet...)
  • #2,896
  • Aug 25, 2011 3:59am Aug 25, 2011 3:59am
Well, this PA kinda sucks the dink of a goat...and I ain't interested in guessing nor holding overnight...

Knight Awl!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #2,897
  • Aug 25, 2011 4:00am Aug 25, 2011 4:00am
nice read there Magix..
Look Sharp/Trade Tight
  • #2,898
  • Aug 25, 2011 4:03am Aug 25, 2011 4:03am
Quoting Larseg
I would be surprised if there was not enough magnet traders left, also with some help from SLs...

Looks like majority is still short from here... still...

only one worry.... sp

continuation,,,, 3rd coffee
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  • #2,899
  • Aug 25, 2011 4:05am Aug 25, 2011 4:05am
Quoting Larseg
continuation,,,, 3rd coffee
Are you trading the DX?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #2,900
  • Aug 25, 2011 4:06am Aug 25, 2011 4:06am
testing the mid again..
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Look Sharp/Trade Tight
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