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Technical Analysis Fallacy

  • #27,561
  • Oct 9, 2011 10:27am Oct 9, 2011 10:27am
Quoting fti
yeah sure is free.
go tell the copyrights pees, the patent peeps, the RIAA, and all the peeps hording rights.

next time you switch on a light bulb , think philips. Tell them its supposed to be free.

regards
I beg to differ --
libraries, Internet.
I've more of a theoretical bent, and was speaking in general. To own the copyright for a light bulb, is different than having exact knowledge about a light bulb. So I meant it's free to use in any way except to repeat it verbatim or in unfair substance.

personal sources for statement :
A professor told this to me once, just quoting that person.
Also, in 15th c. English literature, before Shakespeare et al, all people did about copyrights etc. was publish an apology at the beginning of the text. Since then, authors such as Jonathan Swift borrowed heavily from current events and texts to make an original satire.

It's good to visit your thread.
  • #27,562
  • Edited 11:30am Oct 9, 2011 10:40am | Edited 11:30am
Quoting ha-pattern
I beg to differ --
libraries, Internet.
I've more of a theoretical bent, and was speaking in general. To own the copyright for a light bulb, is different than having exact knowledge about a light bulb. So I meant it's free to use in any way except to repeat it verbatim or in unfair substance.

personal sources for statement :
A professor told this to me once, just quoting that person.
Also, in 15th c. English literature, before Shakespeare et al, all people did about copyrights etc. was publish an apology at the beginning of the...
ha-pattern
yes , in many ways you are not wrong. Generally, what you had said is very accurate. Only that humans tend abuse. Its our nature.
But slowly and surely the pendulum will slide back to balance.
Only that it take much time due to resistance. Just like markets.
Most abusive are rigid systems.

Power corrupts, and absolute power corrupts absolutely.
we sort of on the same pages.
the need to protect is necessary, the abuse to exploit beyond protection, just like markets have tendency over shoot always.
Takes lots of energy bring back to balance, then tendency over shoots the other way.
This same way market trys finds her balance.
Nornally they very naughty.

i mahaged made a careeer out of that.

regards
  • #27,563
  • Oct 9, 2011 12:05pm Oct 9, 2011 12:05pm
boss, so glad your back. you have been inspirational to me.
love always
nash
  • #27,564
  • Oct 9, 2011 1:58pm Oct 9, 2011 1:58pm
happiness is simple, do not look at what other people have or have not, its not about material things (there just toys), you make bad is not good for you or anyone, you make good is wonderfull what ever happens. be content within yourself and never look back.........

we can only change tomorrow, so forget todays and yesterdays mistakes, whats real is now and where your going.

regards

Phil
-be careful about what you allow to be put in your mind-
  • #27,565
  • Oct 9, 2011 3:26pm Oct 9, 2011 3:26pm
Hi All,

Today I 'm up bright and early.
Maybe I 'll try a little Euro cable just to shake off some rusty.
Be Good Everyone.
the hunter's back.

regards

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  • #27,566
  • Oct 9, 2011 3:34pm Oct 9, 2011 3:34pm
Quoting fti
Hi All,


the hunter's back.
  • #27,567
  • Edited 4:07pm Oct 9, 2011 3:37pm | Edited 4:07pm
here goes.

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i think i'll sell some euros then buy the cable when she stabilises..
Beware not follow too close to rusty tin man.

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seems euro's sunked.

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  • #27,568
  • Oct 9, 2011 3:48pm Oct 9, 2011 3:48pm
Quoting fti
here goes.



Some news over the weekend, no plan yet just discussion but seems it might be US leverage.
http://www.zerohedge.com/contributed...-money-and-ows

Rgds
  • #27,569
  • Oct 9, 2011 4:05pm Oct 9, 2011 4:05pm
thanks, thats why i always heard this sentence says " trade at your own risk "..
  • #27,570
  • Oct 9, 2011 4:18pm Oct 9, 2011 4:18pm
naked euro shorts seems good idea until cable can find her footing.
  • #27,571
  • Edited 4:37pm Oct 9, 2011 4:19pm | Edited 4:37pm
Quoting jacson101


Some news over the weekend, no plan yet just discussion but seems it might be US leverage.
http://www.zerohedge.com/contributed...-money-and-ows

Rgds
thanks jac,

noted.

not much good feel about the leveraging.
Adding weight to sinking ship can speed thing up.
But i guess every bit done to help out is good.
Need see some resolve from the politics.

Dance well
I 'm really very rusty.
So not herd with me.
But remember i am very fast.
Can turn in the blink of an eye.
but i have bad feel for the euro cable.
When cable keeps sinking like this , I keep wondering if rthe euro may be artificially proped up.
let see, i am still small and can be nimble if need be.


Also feels if boj steps up open market ops , may scutter euro .
Fear detected in yen.
So just watching for some activities now.


regards
  • #27,572
  • Oct 9, 2011 4:36pm Oct 9, 2011 4:36pm
Quoting fti
thanks jac,

noted.

not much good feel about the leveraging.
Adding weight to sinking ship can speed thing up.
But i guess every bit done to help out is good.
Need see some resolve from the politics.

Dance well
I 'm really very rusty.
So not herd with me.
But remember i am very fast.
Can turn in the blink of an eye.
but i have bad feel for the euro cable.
When cable keeps sinking like this , I keep wondering if rthe euro may be artificially proped up.
let see, i am still small and can be nimble if need be.


regards

Understood, time for nervousness was 2-3 months ago.. now watching for bailouts and flying kitchen sinks, and winter time.
Still need to get my winter dancing shoes though
Rgds sir, good of you touch base.
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  • #27,573
  • Oct 9, 2011 4:40pm Oct 9, 2011 4:40pm
Quoting jacson101

Understood, time for nervousness was 2-3 months ago.. now watching for bailouts and flying kitchen sinks, and winter time.
Still need to get my winter dancing shoes though
Rgds sir, good of you touch base.


short euro yen seems good candidate, but i fear may not have stamina dance her yet.
Best not take on the boj , not in my state.
Not until i can hear japs migrating their industries to Europe.
But with the fiasco going on, they may go there, if the bargain is good.
So best i not get into protracted fights.



regards
  • #27,574
  • Oct 9, 2011 4:50pm Oct 9, 2011 4:50pm
hahahahahhaha i just dont understand why are people singing trading melodies
  • #27,575
  • Edited 5:13pm Oct 9, 2011 4:55pm | Edited 5:13pm
Quoting fti


short euro yen seems good candidate, but i fear may not have stamina dance her yet.
Best not take on the boj , not in my state.
Not until i can hear japs migrating their industries to Europe.
But with the fiasco going on, they may go there, if the bargain is good.
So best i not get into protracted fights.



regards
Yeah I see that too, think your right, not looking for a fight

Rumors are zaibatsu kenedren and kampo postal, not BOJ and MOF.
So they have flexibility MO.. use USD reserves or use home yen.

Rgds
  • #27,576
  • Oct 9, 2011 5:26pm Oct 9, 2011 5:26pm
ok ec crosses on.
letssee if the euro stregth is real or just flying kitchen sinks.
  • #27,577
  • Oct 9, 2011 5:28pm Oct 9, 2011 5:28pm
Quoting jacson101
Yeah I see that too, think your right, not looking for a fight

Rumors are zaibatsu kenedren and kampo postal, not BOJ and MOF.
So they have flexibility MO.. use USD reserves or use home yen.

Rgds
yes, jac.
i heard the same.
bodyguards up front, cannons behind.
good strategy.

regards
  • #27,578
  • Edited 10:17pm Oct 9, 2011 9:20pm | Edited 10:17pm
what a welcome back.
So mellow.

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feeling like trying on my tux.
Its been a long long time since i had seen a ballroom.
forgot: rofl: can't do that with a walking stick.
But truely only in a waltz , will a woman allow you swing her ever which way you want to turn.: )
oops forgot about the tango.:rofl :

And no , jac, you can't do that with flip flops either.
need get your winter dancing shoes, polished.
Florsheim , my friend, Floorshine.

oh my goodness, where is my mind going?
had better focus on the ec cross at hand.: )

regards
  • #27,579
  • Edited 10:29pm Oct 9, 2011 10:08pm | Edited 10:29pm
ai ya , starting out with euro shorts. sure made the ec crosses cost disadvantages. should had just hit eurogbp, outright.
now the cable legs hanging.: rofl:
no matter, just need skew the euro short legs larger, when she turns.
that should balance out the cost
or can reinforce the cable, if frankfurt wants persist the squeeze.
We'll see in an hours time.
  • #27,580
  • Oct 9, 2011 10:35pm Oct 9, 2011 10:35pm
Quoting fti
ai ya , starting out with euro shorts. sure made the ec crosses cost disadvantages. should had just hit eurogbp, outright.
now the cable legs hanging.: rofl:
no matter, just need skew the euro short legs larger, when she turns.
that should balance out the cost
Hello Fti!
Nice to see you trading!
Probably will be slow day. Banks holidays in Canada and USA. But who knows, maybe China will make up for the last week holidays?
E/U stuck it the mid friday.
Feeling Better Today?
Jaro
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