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The Really Useless Thread

  • #41,881
  • Dec 21, 2011 7:22am Dec 21, 2011 7:22am
Quoting kill56
man let me ask u , do u think we will see 13450 befor the big dumb ,
i have a strange feelen that we might see it have nothing to do with TA only feeling

or the dumb start from here
i dont know.. getting below 3060 was the next hurdle.. 3045 and so on.
i have a valid oil signal for 106.04.... but that would kill the economy.. i wish we were at 106 now.. because it would be easier to drop there. that highest h candle today was screaming "get the fuck out your long".. a reversal signal. they just dont tell you how far. the day candles are still bullish.. my 4 h agrees with the h one.. we were in a down trend before.

those sovereigns were paying more then they were making before. a intro rate on the credit card dont make them any richer. it dont reduce the debt. if you got 1 guy retiring, and one guy to pay for it, currently working. what happens then.. this is the way the trend points. what happens when 5% of the working guys loss their job. or a multiple. they are building on sand.. against the seashore. the population is aging no matter what the ecb does. the same in japan... its all ozz...............
those who can, do. those who cant, talk about those who can
  • #41,882
  • Dec 21, 2011 7:25am Dec 21, 2011 7:25am
Quoting kill56
thats why love chocoo
  • #41,883
  • Dec 21, 2011 7:28am Dec 21, 2011 7:28am
for +80. some how those -37 still feel bitter...

1.2990 still in the cards today. prolly but i won't risk it. with a close below 46 on the 1h all charts point down so i'll sell any upmove.

280 for the week. happy again

out for lunch.
dreams do come true.
  • #41,884
  • Dec 21, 2011 7:31am Dec 21, 2011 7:31am
dam the dumbs are a lot faster than the spikes

they dont trust ECB and the banks


LL HH WTF a break of 2950 will do it unless the ECB start buying those walking dead bonds
  • #41,885
  • Dec 21, 2011 7:34am Dec 21, 2011 7:34am
Quoting gatorinla
i dont know.. getting below 3060 was the next hurdle.. 3045 and so on.
i have a valid oil signal for 106.04.... but that would kill the economy.. i wish we were at 106 now.. because it would be easier to drop there. that highest h candle today was screaming "get the fuck out your long".. a reversal signal. they just dont tell you how far. the day candles are still bullish.. my 4 h agrees with the h one.. we were in a down trend before.

those sovereigns were paying more then they were making before. a intro rate on the credit...
4 h has one also. this one is closed. some platforms may not be.
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those who can, do. those who cant, talk about those who can
  • #41,886
  • Dec 21, 2011 7:36am Dec 21, 2011 7:36am
Quoting pkimnyc
fuck we need a bounce to reload
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  • #41,887
  • Dec 21, 2011 7:56am Dec 21, 2011 7:56am
Quoting kill56
fuck we need a bounce to reload
i wanted to close h below 40... not looking good atm
those who can, do. those who cant, talk about those who can
  • #41,888
  • Dec 21, 2011 7:58am Dec 21, 2011 7:58am
Quoting gatorinla
i wanted to close h below 40... not looking good atm

still we have 3m we might

ema 20 might hold it lets see
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  • #41,889
  • Dec 21, 2011 8:01am Dec 21, 2011 8:01am
It didn't close above 58. Longs no good.

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  • #41,890
  • Dec 21, 2011 8:25am Dec 21, 2011 8:25am
I would like to see it lower with a convincing reversal configuration to go long, 1.3 would be nice. Shorts around W pivot, maybe.

Right now it's just....

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  • #41,891
  • Dec 21, 2011 8:34am Dec 21, 2011 8:34am
Quoting attila
I would like to see it lower with a convincing reversal configuration to go long, 1.3 would be nice. Shorts around W pivot, maybe.

Right now it's just....

Attachment
not sayin this means much but could spark a leg lower

http://www.zerohedge.com/
  • #41,892
  • Dec 21, 2011 8:37am Dec 21, 2011 8:37am
Quoting fxjawn
not sayin this means much but could spark a leg lower

http://www.zerohedge.com/
wait till the dow break LL blood all over
  • #41,893
  • Dec 21, 2011 8:38am Dec 21, 2011 8:38am
Quoting kill56
wait till the dow break LL blood all over
i like blood
  • #41,894
  • Dec 21, 2011 8:42am Dec 21, 2011 8:42am
Quoting fxjawn
not sayin this means much but could spark a leg lower

http://www.zerohedge.com/
That would suck because it's too late (without a pull back) for short.
  • #41,895
  • Dec 21, 2011 8:48am Dec 21, 2011 8:48am
Quoting attila
That would suck because it's too late (without a pull back) for short.
yap we did not get a good bounce
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  • #41,896
  • Dec 21, 2011 8:51am Dec 21, 2011 8:51am
Quoting kill56
yap we did not get a good bounce
Stop that. Losing my focus here.
  • #41,897
  • Dec 21, 2011 8:52am Dec 21, 2011 8:52am


so true, can't stop looking at them LOL.

Quoting attila
Stop that. Losing my focus here.
dreams do come true.
  • #41,898
  • Dec 21, 2011 8:54am Dec 21, 2011 8:54am
Quoting gatorinla
backdoor bailout. ecb is not supposed to buy sovereigns debt. so to save the sovereigns, they loan cheap to the banks. in hope the banks will buy the sovereigns bonds, and save the ems.

what happens when the banks just use the money just to pay their own debt? will they buy sovereigns debt? its a dice roll. they are underwater atm, the ecb offers cheap money. so they will get above water. then what happens. if i was underwater then made it out. would i be willing to go back in debt? especially when the guy who wants to borrow from me, owes...
cnbc must read this crap. they are now talking about it. "what will the banks do with the money?"

as said they dont have to buy shit. the can help their own balance. the can stay on the sideline and buy those bonds at the last moment. they can just wait for the rise to buy. a game of Russian roulette. the more the rise increases chances of it not being paid. incest at its best. since the money comes from the ecb.. the ecb is the sovereigns in a group.

the stronger currency will be the one where the money goes. if that is the u.s. then the u.s. will be stronger. i wonder if those banks that borrowed have already bought usd. the usd move suggest this.

btw the chinese hacking crap is in the news.
about a year ago H Clinton said it was considered a war act to attack the u.s. in this way.
those who can, do. those who cant, talk about those who can
  • #41,899
  • Dec 21, 2011 8:55am Dec 21, 2011 8:55am
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dreams do come true.
  • #41,900
  • Dec 21, 2011 8:56am Dec 21, 2011 8:56am
Quoting gatorinla
cnbc must read this crap. they are now talking about it. "what will the banks do with the money?"

as said they dont have to buy shit. the can help their own balance. the can stay on the sideline and buy those bonds at the last moment. they can just wait for the rise to buy. a game of Russian roulette. the more the rise increases chances of it not being paid. incest at its best. since the money comes from the ecb.. the ecb is the sovereigns in a group.

btw the chinese hacking crap is in the news.
about a year ago H Clinton said it was...
Add Jim Cramer saying we're turning the corner, and Europe is acting in a responsible manner, the usual "buy buy buy" crap (GS must have some shit that needs to be unloaded onto the suckers) and we have the whole picture.
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