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The Really Useless Thread

  • #62,361
  • Mar 6, 2012 8:39am Mar 6, 2012 8:39am
what a dumbass... but i got a good deal on a gold anchor
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those who can, do. those who cant, talk about those who can
  • #62,362
  • Mar 6, 2012 8:41am Mar 6, 2012 8:41am
Markets reaching key levels with NY.

Gold reaching support 1665.xx (@Kill perfect mate!!! ....) and ES also entering in important support zone. Euro and dollar still with some space left but in no man land for shorts if you are not already in...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #62,363
  • Mar 6, 2012 8:47am Mar 6, 2012 8:47am
Quoting gatorinla
the following 4h candle was red. the day is red. longs beware..

gold atm has a pretty flag and a pole. beware of down b/o.. 1582/83 indicated. we still have a valid unfulfilled 1492-8 target..
really?
those who can, do. those who cant, talk about those who can
  • #62,364
  • Mar 6, 2012 8:48am Mar 6, 2012 8:48am
Quoting gatorinla
really?
Look Sharp/Trade Tight
  • #62,365
  • Mar 6, 2012 8:49am Mar 6, 2012 8:49am
Quoting gatorinla
i will s the spikes till 47 is hit. .. outlook for greece is sub depression.
whats a sub depression?
those who can, do. those who cant, talk about those who can
  • #62,366
  • Mar 6, 2012 8:49am Mar 6, 2012 8:49am
would rather we close below 3134 this hour..
Look Sharp/Trade Tight
  • #62,367
  • Mar 6, 2012 8:50am Mar 6, 2012 8:50am
Quoting Venice
Wow is this thing really trying to do the full retrace?

I swear, whats the point sometimes...
that's what it's best at...
  • #62,368
  • Mar 6, 2012 8:51am Mar 6, 2012 8:51am
Quoting gatorinla
whats a sub depression?
not good... back to the stone age?

Inserted Video
  • #62,369
  • Mar 6, 2012 8:54am Mar 6, 2012 8:54am
next key level i have on a further break is 308x-9x ws1 and ds3 pivot confluence..

below there, nothing much till 300x, save for your bog standard 20 or so pip overrun..
  • #62,370
  • Mar 6, 2012 8:55am Mar 6, 2012 8:55am
Quoting gatorinla
aj may have topped today at 87.995... that would would suck since japan is rolling 3 trillion in debt this month.
doing fine aj and cj
those who can, do. those who cant, talk about those who can
  • #62,371
  • Mar 6, 2012 8:57am Mar 6, 2012 8:57am
Quoting gatorinla
doing fine aj and cj
do you have a downside target for the aj yet? all I could go with is the huge gartley.
  • #62,372
  • Mar 6, 2012 9:02am Mar 6, 2012 9:02am
crunch time fast approaching for greece AGAIN, 8th march deadline for bond swap program..
  • #62,373
  • Mar 6, 2012 9:03am Mar 6, 2012 9:03am
I would suspect we might see a bounce against 3102/12, but seems like the bears have the upper hand for now, at any rate, play the stretch, bbl, gl, PTL..
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Look Sharp/Trade Tight
  • #62,374
  • Mar 6, 2012 9:04am Mar 6, 2012 9:04am
Quoting Mr Hatch
do you have a downside target for the aj yet? all I could go with is the huge gartley.
its the leg up.. it went past 50%.... a db bounce. if the db is lost now its over.

here is gold
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those who can, do. those who cant, talk about those who can
  • #62,375
  • Mar 6, 2012 9:05am Mar 6, 2012 9:05am
da e/u order board (as posted by no brainer trades) http://www.nobrainertrades.com/

Offers 3280-3300
Offers 3265
Offers ahead of 3250
Offers 3230
Bids and stops 3115-00
Bids 3080
Bids 3065-60
Bids 3035-25
  • #62,376
  • Mar 6, 2012 9:05am Mar 6, 2012 9:05am
Quoting FibbinArchie
crunch time fast approaching for greece AGAIN, 8th march deadline for bond swap program..
yeah, curious things going on with the private bondholders these days. I just read in the German edition of "Der Spiegel" that Commerzbank sent out a letter to private investors giving the impression that they can keep 75% of their investment instead of losing it, if they agree until today.
  • #62,377
  • Mar 6, 2012 9:08am Mar 6, 2012 9:08am
Quoting Mr Hatch
yeah, curious things going on with the private bondholders these days. I just read in the German edition of "Der Spiegel" that Commerzbank sent out a letter to private investors giving the impression that they can keep 75% of their investment instead of losing it, if they agree until today.
if they were dumb enough to buy greek debt in the first place, that's a long shot gamble if ever i saw one..

170% debt to gdp!!!

http://demonocracy.info/infographics...ebt_greek.html
  • #62,378
  • Mar 6, 2012 9:10am Mar 6, 2012 9:10am
Quoting gatorinla
its the leg up.. it went past 50%.... a db bounce. if the db is lost now its over.

here is gold
thanks, that's way more realistic than what I had in mind, but couldn't justify fa-wise for now.
  • #62,379
  • Mar 6, 2012 9:11am Mar 6, 2012 9:11am
Quoting FibbinArchie
if they were dumb enough to buy greek debt in the first place, that's a long shot gamble..

170% debt to gdp!!!
that's the one thing, but the article goes that far to propose not to react to that deadline at all and giving away the remaining 25% as well by just holding to it until payment is due. you have to know that Germans are stupid beyond belief... they will feel like Che Guevara if they lose the 25% as well.
  • #62,380
  • Mar 6, 2012 9:23am Mar 6, 2012 9:23am
Quoting Mr Hatch
that's the one thing, but the article goes that far to propose not to react to that deadline at all and giving away the remaining 25% as well by just holding to it until payment is due. you have to know that Germans are stupid beyond belief... they will feel like Che Guevara if they lose the 25% as well.
i'm sure they're not as stupid as the british public...
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