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  • #21,461
  • Oct 4, 2011 9:45am Oct 4, 2011 9:45am
It was also my 3155. . Was it the chicken or the egg? Maybe both...
Quoting sisse
Well Governments and CBS in full motion ...that whats happened.

Trichet (the only sane person in the EZ) doing his job and triggering the pullback on run of weak short stops.

Minutes after in perfect sync BB with a very gloomy outlook but putting all the FED weight to support the sinking boat and right on time when markets (ES) was testing the KEY Lehman Support.

And finally, French and Belgium Governments announcing full and unlimited support for Dexia....so

sisse
  • #21,462
  • Oct 4, 2011 9:47am Oct 4, 2011 9:47am
Quoting sisse
Well Governments and CBS in full motion ...that whats happened.

Trichet (the only sane person in the EZ) doing his job and triggering the pullback on run of weak short stops.

Minutes after in perfect sync BB with a very gloomy outlook but putting all the FED weight to support the sinking boat and right on time when markets (ES) was testing the KEY Lehman Support.

And finally, French and Belgium Governments announcing full and unlimited support for Dexia....so

sisse
BB and SNB both just saved the euro from collapse. Now we just watch "liquidity" popping up again and we are back to doomwatch.
  • #21,463
  • Oct 4, 2011 9:48am Oct 4, 2011 9:48am
Quoting cloggie
BB and SNB both just saved the euro from collapse. Now we just watch "liquidity" propping up again and we are back to doomwatch.
Is the 1.3 peg true?
  • #21,464
  • Oct 4, 2011 9:50am Oct 4, 2011 9:50am
Cmon baby, i know you have it in ya

Quoting pipper
Just checking in.. Possibly see 1.338x
Disclaimer: Check your 1m charts
  • #21,465
  • Oct 4, 2011 9:50am Oct 4, 2011 9:50am
Quoting attila
Is the 1.3 peg true?

Was the 1.20 really true? All it took was a bit of careful rumourmongering and it happened. They haven't spend a lot of money so far defending it, the talk is doing the job for them.

Between the 2 of them and Tricky reinforcing inflation, thereby postponing the ratecut till December EU is heading back to 1.35 again, barring any liquidity issues.
  • #21,466
  • Oct 4, 2011 9:51am Oct 4, 2011 9:51am
Quoting cloggie
Was the 1.20 really true? All it took was a bit of careful rumourmongering and it happened. They haven't spend a lot of money so far defending it, the talk is doing the job for them.
Indeed... That's until the market catches up with their bluff.
  • #21,467
  • Oct 4, 2011 9:56am Oct 4, 2011 9:56am
It seems up to me...

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  • #21,468
  • Oct 4, 2011 9:58am Oct 4, 2011 9:58am
yaaawn...
  • #21,469
  • Oct 4, 2011 9:58am Oct 4, 2011 9:58am
Quoting attila
Indeed... That's until the market catches up with their bluff.

Unitl then just sell the rallies in the dollar. EU back to 1.35 this week, until the next bit of sh1t out of the EU zone. Market is focusing on the dollar for now.
  • #21,470
  • Oct 4, 2011 9:58am Oct 4, 2011 9:58am
.
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  • #21,471
  • Oct 4, 2011 10:01am Oct 4, 2011 10:01am
Quoting cloggie
Unitl then just sell the rallies in the dollar. EU back to 1.35 this week, until the next bit of sh1t out of the EU zone. Market is focusing on the dollar for now.

Feel sorry for the long term traders...
  • #21,472
  • Oct 4, 2011 10:03am Oct 4, 2011 10:03am
Quoting sisse
Well Governments and CBS in full motion ...that whats happened.

Trichet (the only sane person in the EZ) doing his job and triggering the pullback on run of weak short stops.

Minutes after in perfect sync BB with a very gloomy outlook but putting all the FED weight to support the sinking boat and right on time when markets (ES) was testing the KEY Lehman Support.

And finally, French and Belgium Governments announcing full and unlimited support for Dexia....so

sisse
pa indicated the bounce before the news. if the bounce isn't held.. flush
those who can, do. those who cant, talk about those who can
  • #21,473
  • Oct 4, 2011 10:09am Oct 4, 2011 10:09am
Gator is right in regards to his statement that PA indicated the bounce..

caught it nice and early... too be fair though this is nothing compared to the dirty dirty dirty things i did to crude and dow today... hmmmm fingerlicking good.

You gotta love all that fundamental bullshit rioting up the markets

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  • #21,474
  • Oct 4, 2011 10:10am Oct 4, 2011 10:10am
Quoting Larseg
Feel sorry for the long term traders...
I haven't had a trade longer then 2 days for quite some time... LOL
  • #21,475
  • Oct 4, 2011 10:12am Oct 4, 2011 10:12am
Quoting Venice
I haven't had a trade longer then 2 days for quite some time... LOL
3313...hurdle 1
  • #21,476
  • Oct 4, 2011 10:17am Oct 4, 2011 10:17am
Quoting cloggie
BB and SNB both just saved the euro from collapse. Now we just watch "liquidity" popping up again and we are back to doomwatch.
Agree. This time the surprise/knee jerk reaction was not like the last one with SNB. Obviously the overshoot is way out of the range and the impact of the same policy in less than a month ...

In any case, I was more focus on stock markets losing that key level because that will trigger the real deal across the board. On the euro, it's good that we finally got a pullback. Moves out of panic juicy but they never are sustainable ...

Weekly S 1.311x and monthly S 1.298x are still wide open ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #21,477
  • Oct 4, 2011 10:20am Oct 4, 2011 10:20am
Quoting gatorinla
pa indicated the bounce before the news. if the bounce isn't held.. flush
Well before in my charts. I got the intraday wave up reversal on the hourly candle after London opening and confirmed the hour after on H4 rejection of lows...but without BB and friends no momentum mate thats the difference...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #21,478
  • Oct 4, 2011 10:25am Oct 4, 2011 10:25am
Back to selling rallies to maybe 3230ish... then we'll see..
  • #21,479
  • Oct 4, 2011 10:25am Oct 4, 2011 10:25am
Quoting sisse
Well before in my charts. I got the intraday wave up reversal on the hourly candle after London opening and confirmed the hour after on H4 rejection of lows...but without BB and friends no momentum mate thats the difference...

sisse
Or this...

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Done for today, slaughtering index futures and energy futures was fun... need some sleep.
  • #21,480
  • Oct 4, 2011 10:25am Oct 4, 2011 10:25am
Quoting Larseg
Feel sorry for the long term traders...
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