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The Really Useless Thread

  • #3,781
  • Aug 26, 2011 8:39am Aug 26, 2011 8:39am
Quoting Piters
sisse

what do you think on Warren investing in BAC just before BEN's speech as an indicator ?

let speculate
Well he is a market shepherd and he is not that wrong during crisis but that doesn't mean that QE3 and more free money is out of the equation (he may be betting on that actually with that move).

Banking sector is very fragile in general and US banks won't stand a chance if European banks collapse, plus macro numbers are moving from sluggish to bad lately.

So yes a good indication that some form of bottom in the stock markets is near but if WB is wrong that will be seriously the end (double dip by the winter lol)

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,782
  • Aug 26, 2011 8:39am Aug 26, 2011 8:39am
Looking for 4470. (4h)
  • #3,783
  • Aug 26, 2011 8:40am Aug 26, 2011 8:40am
He never misses a trick. He's probably scaling in as we speak

Quoting fxjawn
thanks buddy the 5min was telling a story there...

i hope clogs noticed it was one of his favorite patterns
Disclaimer: Check your 1m charts
  • #3,784
  • Aug 26, 2011 8:40am Aug 26, 2011 8:40am
Quoting sisse
Well he is a market shepherd and he is not that wrong during crisis but that doesn't mean that QE3 and more free money is out of the equation (he may be betting on that actually with that move).

Banking sector is very fragile in general and US banks won't stand a chance if European banks collapse, plus macro numbers are moving from sluggish to bad lately.

So yes a good indications that some from of bottom in the stock markets is near but if WB is wrong that will be seriously the end (double dip by the winter lol)

sisse
thnks.. :nerd:
  • #3,785
  • Aug 26, 2011 8:41am Aug 26, 2011 8:41am
Quoting Venice
Looking for 4470. (4h)
I'm not looking for anything right now. Just going with it. Been long to 50.
  • #3,786
  • Aug 26, 2011 8:43am Aug 26, 2011 8:43am
out of long
  • #3,787
  • Aug 26, 2011 8:44am Aug 26, 2011 8:44am
PTL how is that mid yellow doing

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,788
  • Aug 26, 2011 8:44am Aug 26, 2011 8:44am
Quoting needpips
ok...Im gonna make an analysis call here...4427 should be a cap (not a recco)
nope...but news is a comin
  • #3,789
  • Aug 26, 2011 8:45am Aug 26, 2011 8:45am
Have covered my book, going to watch the fireworks and see if Benny can pull a rabit out of his hat.
  • #3,790
  • Aug 26, 2011 8:45am Aug 26, 2011 8:45am
Quoting sisse
PTL how is that mid yellow doing

sisse
I just shed my longs at the upper yellow...
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 11 KB
Look Sharp/Trade Tight
  • #3,791
  • Aug 26, 2011 8:46am Aug 26, 2011 8:46am
Quoting fxjawn
while we were fighting...
agree mate and some things you can do in multitask
Attached Image (click to enlarge)
Click to Enlarge Name: 26-08-2011 11-44-25 PM.png Size: 33 KB
  • #3,792
  • Aug 26, 2011 8:46am Aug 26, 2011 8:46am
Quoting cloggie
Have covered my book, going to watch the fireworks and see if Benny can pull a rabit out of his hat.
He IS the fucking rabbit coming out of Obama's ass.

Shit! Somebody's knocking at my door...
  • #3,793
  • Aug 26, 2011 8:48am Aug 26, 2011 8:48am
Quoting PayTheLimit
I just shed my longs at the upper yellow...
Nice, I still like the top red Q you posted in the morning for final target....but BB needs to help the cause...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,794
  • Aug 26, 2011 8:48am Aug 26, 2011 8:48am
Whew..I feel better already..I retracted my retractable spike heels, straightened up my little black dress, took my hair out of a pony tail and took a shot of 5 minute energy. Now just sit and wait on my bald boyfriend benny to appear.
  • #3,795
  • Aug 26, 2011 8:48am Aug 26, 2011 8:48am
Quoting Piters
agree mate and some things you can do in multitask
yes ur chart tells the story well.... perfect entries off the low btw
  • #3,796
  • Aug 26, 2011 8:50am Aug 26, 2011 8:50am
Quoting sisse
Nice, I still like the top red Q you posted in the morning for final target....but BB needs to help the cause...

sisse
4561 or 4516..lol..
Look Sharp/Trade Tight
  • #3,797
  • Aug 26, 2011 8:52am Aug 26, 2011 8:52am
Quoting PayTheLimit
4561 or 4516..lol..
Well thats a higher TF area so not to the tick .....but I will settle with last week highs (1.451x) to be on the safe side.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,798
  • Aug 26, 2011 8:55am Aug 26, 2011 8:55am
not sure on this.. but take it with...

BTW.. closed all

Im Flat
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  • #3,799
  • Aug 26, 2011 8:57am Aug 26, 2011 8:57am
@ Piters, check the interview bloomberg tv about WB move on Bank of America...just 5 minutes before BB.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,800
  • Aug 26, 2011 8:57am Aug 26, 2011 8:57am
i wish they had a dance feaver smiley
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