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The Really Useless Thread

  • #23,781
  • Oct 10, 2011 1:57pm Oct 10, 2011 1:57pm
Quoting Wulfgar
Im good at predicting these type of moves bro
The master
  • #23,782
  • Oct 10, 2011 2:07pm Oct 10, 2011 2:07pm
Quoting Wulfgar
Im good at predicting these type of moves bro


anyway i've learnt not to call any signal out of here

Hero calls followed by margin calls...
  • #23,783
  • Oct 10, 2011 2:10pm Oct 10, 2011 2:10pm
does really no one have the balls to play a high odd bet versus lil Phanti?

ok am out,

good night
Hero calls followed by margin calls...
  • #23,784
  • Oct 10, 2011 2:18pm Oct 10, 2011 2:18pm
Quoting Piters
try @ 3698 next
i hope i dont owe u a dinner or something here...

nice job bro i never thought it would get to that level
  • #23,785
  • Oct 10, 2011 2:22pm Oct 10, 2011 2:22pm
that was one hell of a bastard move
straight into H4 supply
Quoting fxjawn
i hope i dont owe u a dinner or something here...

nice job bro i never thought it would get to that level
  • #23,786
  • Oct 10, 2011 2:27pm Oct 10, 2011 2:27pm
Quoting hkkhanus
that was one hell of a bastard move
straight into H4 supply
yep touched both ends in 1 day there
  • #23,787
  • Oct 10, 2011 2:33pm Oct 10, 2011 2:33pm
damn u christopher!
  • #23,788
  • Oct 10, 2011 2:36pm Oct 10, 2011 2:36pm
Quoting PhAnTi'


anyway i've learnt not to call any signal out of here

ur a damn good trader bro

ill take ur challenge though...

1.4 before 1.3!!


u heard it here 1st!!
  • #23,789
  • Oct 10, 2011 2:48pm Oct 10, 2011 2:48pm
Quoting fxjawn
damn u christopher!
ya man

new world discoverer my ass
  • #23,790
  • Oct 10, 2011 2:51pm Oct 10, 2011 2:51pm
I heard the moves in the EUR today were from Cocaine addicted traders.... just sayin
  • #23,791
  • Oct 10, 2011 2:57pm Oct 10, 2011 2:57pm
nah I heard it were from Camel balls addicted traders
Quoting Wulfgar
I heard the moves in the EUR today were from Cocaine addicted traders.... just sayin
  • #23,792
  • Oct 10, 2011 3:00pm Oct 10, 2011 3:00pm
Quoting hkkhanus
nah I heard it were from Camel balls addicted traders
no man... I read the bailout for Dexia came from a Gold shitting unicorn they found
  • #23,793
  • Oct 10, 2011 3:04pm Oct 10, 2011 3:04pm
that explains-----------
bastards!
Quoting Wulfgar
no man... I read the bailout for Dexia came from a Gold shitting unicorn they found
  • #23,794
  • Oct 10, 2011 3:08pm Oct 10, 2011 3:08pm
Quoting hkkhanus
that explains-----------
bastards!
those bastards...
  • #23,795
  • Oct 10, 2011 3:20pm Oct 10, 2011 3:20pm
Quoting gatorinla
just the opposite is true on the bullish side above 1678.55... and even stronger above the white dotted ascending line. we will go to one of these. the lines or levels are the target..on the other side of them is the risk for a bounce. its also the direction to be on if they continue (but a bounce is expected and drawdown can be large so wait for the bounce) .

my guess is gold traditionally goes higher this time of year. do to Asian weddings in India. Plus traditions in gift giving from now through Dec. if this is the case...
protection trade?
those who can, do. those who cant, talk about those who can
  • #23,796
  • Oct 10, 2011 3:22pm Oct 10, 2011 3:22pm
Quoting Wulfgar
ya man

new world discoverer my ass
i knew it. all in the picture.
those who can, do. those who cant, talk about those who can
  • #23,797
  • Oct 10, 2011 3:23pm Oct 10, 2011 3:23pm
3618 .. lets c what happens here.
those who can, do. those who cant, talk about those who can
  • #23,798
  • Oct 10, 2011 3:30pm Oct 10, 2011 3:30pm
Quoting gatorinla
i knew it. all in the picture.
What the??
  • #23,799
  • Oct 10, 2011 3:56pm Oct 10, 2011 3:56pm
Quoting Wulfgar
ya man

new world discoverer my ass
i thought it was code.. for this (.(
then this (o(
those who can, do. those who cant, talk about those who can
  • #23,800
  • Oct 10, 2011 4:17pm Oct 10, 2011 4:17pm
From an interview with Russell Napier (sourced on Z H; on Bloomberg):

Napier put his finger on today's market pulse when he said that investors will paradoxically like a bank nationalization as it will remove uncertainty if only in the short-term. "It is a very negative long-term thing for Europe" he says, but adds that "speaking to investors at the CLSA economic forum they are so convinced the euro is going to collapse that when it doesn't collapse, the market will probably go up." That said he concludes, "this is a major structural turning point and a bad thing for return on capital in Europe."

Just what we were saying late this morning. The markets are completely cutting all fundamentals loose if they have no effect on the next 24 hours. I've honestly never seen anything like it.

"...a bad thing for return on capital in Europe." Return on capital? If the currency itself has 15 vol, it isn't about return on capital; the worry is return of capital. That's the basic structural flaw in the "we can save anything with enough CB intervention." When the rug is pulled from basic business economics, and replaced by artificial volatility and debt beyond repayment abilities, then nobody invests; everybody speculates in a game of musical chairs. And the volatility enters a feedback loop.

I'm convinced that if Lord Keynes himself could see what is going on in his name, he would beat them like the dandy does the horse in Majix's gif file. His theories were about pump priming: spur aggregate demand and grow out of it.

Now the pumps are burned out, and it's about sandbagging to keep the river from going where it naturally would course. Abraham Lincoln is credited with saying, to Sec. Stanton on learning of the casualties at Gettysburg, that sooner or later the South would run out of men, and that was when the war would end. Sooner or later, the CBs will run out of acceptable credit, and only then will this end. That could be a long time.
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