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The Really Useless Thread

  • #17,361
  • Sep 23, 2011 4:11pm Sep 23, 2011 4:11pm
And the ZeroHedge Gets It Wrong Award of the day goes to:

"And there you have it: CME just hiked gold margins by 21%, silver by 16% and copper by 18%. Mystery solved."

The ZeroHedge Fever Swamp Reasonable Voice and Thereby Pariah Award goes to the comment:

"LOL. They hiked it because of the volitility. Not before.
You cant front run a plunge that already happened. Idiots."

Not flat for the weekend, although I had a spirited debate with myself in the car. I won the debate. Just don't see that much EUR bullish event risk for the weekend, and the position is still small.

Have a good weekend.
  • #17,362
  • Sep 23, 2011 4:12pm Sep 23, 2011 4:12pm
Quoting needpips
what r those lines 6/8 7/8 8/8 etc
Murrey Math. Gave 'em a go a few times, wasn't really to fond of. Didn't really tell me anything that current pa did.

Probably works wonders for dustbin style trading.
  • #17,363
  • Sep 23, 2011 4:12pm Sep 23, 2011 4:12pm
Quoting needpips
what r those lines 6/8 7/8 8/8 etc
Murrey Math Lines...
Attached File(s)
File Type: mq4 MML_Multi_Option_v1.24 He.mq4   28 KB | 267 downloads
  • #17,364
  • Sep 23, 2011 4:13pm Sep 23, 2011 4:13pm
Quoting kenfen69
Murrey Math Lines...
kewl....thx
  • #17,365
  • Sep 23, 2011 4:14pm Sep 23, 2011 4:14pm
Quoting Venice
Theres no fecking stopping the beast!!! hehe (well, except broker close; bastards!)
Have to admit...a little sad to see this close. I'm rested...and was #winning!
  • #17,366
  • Sep 23, 2011 4:14pm Sep 23, 2011 4:14pm
Quoting needpips
kewl....thx
.
  • #17,367
  • Sep 23, 2011 4:15pm Sep 23, 2011 4:15pm
Quoting kenfen69
Have to admit...a little sad to see this close. I'm rested...and was #winning!
I can't imagine how our lives would be if brokers were open on the weekend and we had actual volume.

My family would see even less of me then they already do! !
  • #17,368
  • Sep 23, 2011 4:16pm Sep 23, 2011 4:16pm
llol what kinda crazy shit? apart from "i have some awsome hot pics can u pleas ehave a look at them if i can post them "
Quoting kenfen69
You got me...you bastard!

I get some crazy shit in my PM box, though. I've given up asking...are you kidding? Are you yanking my chain...etc, etc...
  • #17,369
  • Sep 23, 2011 4:19pm Sep 23, 2011 4:19pm
Quoting OldQuant
The ZeroHedge Fever Swamp Reasonable Voice and Thereby Pariah Award goes to the comment:

"LOL. They hiked it because of the volitility. Not before.
You cant front run a plunge that already happened. Idiots."

Have a good weekend.
Man...you're a glutton for punishment! I just can't read those anymore. I squirm in the most uncomfortable way. They weren't too bad up until about a year ago...little longer.

Enjoy your weekend, Q. Don't be sweating that hold. But, mind you...if you're short EU, I also believe that makes you short hopium. Hmmmmmmmmmm?

Sweet dreams!

Have a good one.
  • #17,370
  • Sep 23, 2011 4:21pm Sep 23, 2011 4:21pm
Quoting Venice
I can't imagine how our lives would be if brokers were open on the weekend and we had actual volume.

My family would see even less of me then they already do! !
Very, very good point!

There is one good thing about it. Pissing rain all day here today. Just don't feel like doing squat!
  • #17,371
  • Sep 23, 2011 4:25pm Sep 23, 2011 4:25pm
Quoting hkkhanus
llol what kinda crazy shit? apart from "i have some awsome hot pics can u pleas ehave a look at them if i can post them "
Ah...just some crazy questions. Would have to ask permission to post, but don't know if I want to initiate more contact!

The pics incident was a good one too, though!
  • #17,372
  • Sep 23, 2011 4:26pm Sep 23, 2011 4:26pm
Quoting kenfen69
Man...you're a glutton for punishment! I can't read those anymore. I squirm in the most uncomfortable way
Oh, yeah. Typically, I unload the gun and take an economy size sedative if I'm going to read them, but this one, I figured, would be fun since the commentors must have been going crazy trying to figure out why something that only goes one direction wasn't, and then, "The Reason" would arrive.

Wierd price action looking at the charts of today; Kubler-Ross stages of dying stuff might explain some of it, but not all of it. Lots of cross currents.
  • #17,373
  • Sep 23, 2011 4:28pm Sep 23, 2011 4:28pm
Quoting kenfen69
The pics incident was a good one too, though!
You didn't get leaned on in any way over the coffee girls, did you? They are noticeable by their absence.
  • #17,374
  • Sep 23, 2011 4:31pm Sep 23, 2011 4:31pm
Quoting OldQuant
Wierd price action looking at the charts of today; Kubler-Ross stages of dying stuff might explain some of it, but not all of it. Lots of cross currents.
Really was a strange one. Then...once the metals started going, it was like all other instruments just slowed down and stared like everybody else with their mouths open. Then the Yen pairs took over for a little while. Strange one, indeed...plenty of cross currents, as you said.
  • #17,375
  • Sep 23, 2011 4:34pm Sep 23, 2011 4:34pm
Quoting OldQuant
You didn't get leaned on in any way over the coffee girls, did you? They are noticeable by their absence.
In no way, shape or form. Have just been selfish with my time. For the good of the thread, I will get busy doing what I need to do to, to bring that magic back to life. In fact, what better way to spend a rainy Friday night in Toronto?

Thanks Q...plans have been made.
  • #17,376
  • Sep 23, 2011 4:38pm Sep 23, 2011 4:38pm
Quoting kenfen69
Really was a strange one. Then...once the metals started going, it was like all other instruments just slowed down and stared like everybody else with their mouths open. Then the Yen pairs took over for a little while. Strange one, indeed...plenty of cross currents, as you said.
I don't have COMEX gold; they want an extra, special exchange fee to get it or silver, and I won't pay it on principle. So I'll have to look at the charts you-all (in TX for the weekend, speak Texan) posted here.

Honestly, I'm thinking forced liquidation. There have to be a lot of high leverage multi-strat hedge funds that have a lot of stuff under water: ags have lost half of their year in the last week; oil, not to mention financial stocks, CDS curve trades... the list goes on. It's not just margin; it's the prime brokers that lend them the money they use for the margin that get cranky.
  • #17,377
  • Sep 23, 2011 4:46pm Sep 23, 2011 4:46pm
Quoting kenfen69
plans have been made.
Don't do it on my account; much as I appreciate the stylish composition, settings, lighting, artistically done symbolism, and a hot babe, I was more wondering if there were decorum concerns expressed.

Lot of sites, it would not be out of the realm for that to happen.
  • #17,378
  • Sep 23, 2011 4:49pm Sep 23, 2011 4:49pm
Quoting OldQuant
Honestly, I'm thinking forced liquidation. There have to be a lot of high leverage multi-strat hedge funds that have a lot of stuff under water: ags have lost half of their year in the last week; oil, not to mention financial stocks, CDS curve trades... the list goes on. It's not just margin; it's the prime brokers that lend...
LOL, if you can't sell off your dogs, then sell what you can.
  • #17,379
  • Sep 23, 2011 4:51pm Sep 23, 2011 4:51pm
Quoting OldQuant
Honestly, I'm thinking forced liquidation. There have to be a lot of high leverage multi-strat hedge funds that have a lot of stuff under water: ags have lost half of their year in the last week; oil, not to mention financial stocks, CDS curve trades... the list goes on. It's not just margin; it's the prime brokers that lend them the money they use for the margin that get cranky.
Indeed...typical herd play, too. Was down >$100 at one point on the day. The vulnerable would have been shaken out pretty quick at those levels. Heard of mass liquidation by an Eastern European institution, too...but am trying to nail down some confirmation there.

Scary force...metals on the move. It doesn't really slow until all sellers are out. Made a decent bounce to save face, but who knows what kind of conversations are going to be happening over the weekend...and how bad are the wounded? Bad enough to start the slide again on Monday? Good one...textbook fall from grace, so to speak.

Quoting OldQuant
So I'll have to look at the charts you-all (in TX for the weekend, speak Texan) posted here.
Is that not y'all?

Let me know if there are any particular periods/TFs you'd like to have a look at...of the metallic chart variety.
  • #17,380
  • Sep 23, 2011 4:57pm Sep 23, 2011 4:57pm
Quoting kenfen69
Is that not y'all?
It is. My Texan is still not up to fluency. Here's part of what I do know:

tahr - Rubber or composite road contact interfaces of an auto.
tahr - Petroleum based road surface.
tahr - Metal structure used, e.g., in electronic communications.
Royalty Trust - Royalty Trust.
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