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The Really Useless Thread

  • #24,821
  • Oct 13, 2011 12:15am Oct 13, 2011 12:15am
Quoting PriceVolume
Demand zone, no doubt, but make sure to add the fact that QE was in the mix to your calculus. Though QE3 is likely a matter of time, for now...we just have the Twist.
interest rates have been low since 2008 (and before).. before Qe.. when at 1/4% there isn't much further lower we can go. in 2008 we didn't have europe and china on the edge. im scared. more qe or not. that trend was built with qe.. companies don't need to borrow.. the have it ..
they aren't spending. people who need to borrow, don't qualify.. those who qualify who don't need money, they dont borrow.
those who can, do. those who cant, talk about those who can
  • #24,822
  • Oct 13, 2011 12:19am Oct 13, 2011 12:19am
Quoting gatorinla
interest rates have been low since 2008 (and before).. before Qe.. when at 1/4% there isn't much further lower we can go. in 2008 we didn't have europe and china on the edge. im scared. more qe or not. that trend was built with qe
Amen to that. The closest thing I know to a "sure bet" is the continued devaluation of fiat. It's going to be one ugly, bumpy ride.
  • #24,823
  • Oct 13, 2011 12:32am Oct 13, 2011 12:32am
Well, my day is done...you guys have fun....
  • #24,824
  • Oct 13, 2011 12:40am Oct 13, 2011 12:40am
Quoting gatorinla
interest rates have been low since 2008 (and before).. before Qe.. when at 1/4% there isn't much further lower we can go. in 2008 we didn't have europe and china on the edge. im scared. more qe or not. that trend was built with qe.. companies don't need to borrow.. the have it ..
they aren't spending. people who need to borrow, don't qualify.. those who qualify who don't need money, they dont borrow.
Consumers have no money, companies are passing their share of profit to them, still demand not picking up. Cutting down operational cost means cutting hands off. This has drastically reduced companies' cash in-flow. Banks are not willing to finance business operations, rather, have put lines of credit under strict watch and increased penalties for financial indiscipline by their corporate clients. Everybody needs money but supply sources are dry. Even 30% to 40% share in equity is not acceptable by bridge-financers for projects that can payback in 18 to 24 months. They are not sure whether equity market would be able to provide cash when projects floated on the Exchanges.
The Thief of Wall Street
  • #24,825
  • Oct 13, 2011 12:43am Oct 13, 2011 12:43am
Quoting gatorinla
broke 86.. st bulls return at 94.. then bullish till 3818 min... LL or HH .. im gonna take the good r/r if we get to 3818 + to the south
looks like it missed
nap time.. 94 will probably bring 78.. still in the realm of 3918..
looks like lower attempt with 94.. a LL now will validate this LH -3755
those who can, do. those who cant, talk about those who can
  • #24,826
  • Oct 13, 2011 12:50am Oct 13, 2011 12:50am
Quoting gatorinla
looks like it missed
nap time.. 94 will probably bring 78.. still in the realm of 3918..
looks like lower attempt with 94.. a LL now will validate this LH -3755
if this is the top and we male a new low.. st target 3700/3718 min
those who can, do. those who cant, talk about those who can
  • #24,827
  • Oct 13, 2011 12:52am Oct 13, 2011 12:52am
Looking at the puzzle from a distance before puzzling helps to see the whole picture...
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  • #24,828
  • Oct 13, 2011 1:09am Oct 13, 2011 1:09am
well under the roll again, still think we need a close below 3760/65 to open up some more downside...a close below 3700 might argue for a short term top...on the flipside a healthy close through 3808 would put 3871 and 3903 on the table...good luck today, PTL...
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Look Sharp/Trade Tight
  • #24,829
  • Oct 13, 2011 1:16am Oct 13, 2011 1:16am
Quoting PayTheLimit
well under the roll again, still think we need a close below 3760/65 to open up some more downside...a close below 3700 might argue for a short term top...on the flipside a healthy close through 3808 would put 3871 and 3903 on the table...good luck today, PTL...

Buying continues in asia and most likely in europe in 45 minutes...
  • #24,830
  • Oct 13, 2011 1:26am Oct 13, 2011 1:26am
Quoting Larseg
Buying continues in asia and most likely in europe in 45 minutes...
lots of momentum sure, but will we find new buyers here, or would a pullback to say 3700 be better for the bulls, shed some weak longs, and pick up some new shorts..
Look Sharp/Trade Tight
  • #24,831
  • Oct 13, 2011 1:56am Oct 13, 2011 1:56am
Quoting PayTheLimit
lots of momentum sure, but will we find new buyers here, or would a pullback to say 3700 be better for the bulls, shed some weak longs, and pick up some new shorts..


excitement not really building up at this stage...
  • #24,832
  • Oct 13, 2011 2:00am Oct 13, 2011 2:00am
Quoting Larseg
excitement not really building up at this stage...
hopefully london has some orders to fill...
Look Sharp/Trade Tight
  • #24,833
  • Oct 13, 2011 2:10am Oct 13, 2011 2:10am
Quoting PayTheLimit
hopefully london has some orders to fill...

got 20 so far...

Do you know what, forex factory should have a java based chat.... which we have on stocks... so much better
  • #24,834
  • Oct 13, 2011 2:11am Oct 13, 2011 2:11am
Quoting Larseg
got 20 so far...

Do you know what, forex factory should have a java based chat.... which we have on stocks... so much better
or at least upgrade the servers, they have been damn slow as of late...
Look Sharp/Trade Tight
  • #24,835
  • Oct 13, 2011 2:15am Oct 13, 2011 2:15am
Quoting PayTheLimit
or at least upgrade the servers, they have been damn slow as of late...
New thread with voting?
  • #24,836
  • Oct 13, 2011 2:19am Oct 13, 2011 2:19am
Quoting Larseg
New thread with voting?
the EUR analysis thread...that one you mean?
Look Sharp/Trade Tight
  • #24,837
  • Oct 13, 2011 2:21am Oct 13, 2011 2:21am
chancing a USOil short @ 85.10
Don't be a hero. Don't have an ego. Always question yourself
  • #24,838
  • Oct 13, 2011 2:22am Oct 13, 2011 2:22am
Quoting USD-Bear
chancing a USOil short @ 85.10
good luck bother..
Look Sharp/Trade Tight
  • #24,839
  • Oct 13, 2011 2:24am Oct 13, 2011 2:24am
Quoting PayTheLimit
the EUR analysis thread...that one you mean?

lol, while you said it...

no just a voting for the programmers to start a java chat...its not that hard

so we would have both... bloggs and java
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  • #24,840
  • Oct 13, 2011 2:24am Oct 13, 2011 2:24am
Quoting USD-Bear
chancing a USOil short @ 85.10
Don't forget to fill up your tank before shorting.
The Thief of Wall Street
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