Cesarnc's market talk, gossips, rumours & fun

I'll 2nd that one....she is fine.

HOLLA

If we don't break 1.3080 we might be. Would still need to see price get above my Daily and 4HR 100.

HOLLA

I'll take a Sunday gap, hopefully in a downward fashion.

HOLLA

Glad to see Cesarnc doing well.

BWR where ya at?????

HOLLA

Was reading this:

http://www.zerohedge.com/news/greek-...orilla-exposed

…basically, what the MSM pump as a saviour for Greece and the wider world, is but a smoke-screen perpetrated by most governments in an attempt to kick that can as much as they can, until the can hits the wall. Soon-to-be put on the books of additional liabilities of 107 B Euro will seriously test the abilities of the MSM/governments to put a good spin on a worsening condition, and is yet another point to support my assertion that come the evening – after market close – of March the 23rd, Greek will be declared to have defaulted, as the payments the country is due to make on March the 20th will not, indeed, cannot, be met as they have yet to get any money into their accounts; and the likes of the IMF have reduced what they are prepared to give over. As I have said many times, I feel that politicians and banks are dragging this out in order for certain banks to recapitalize on the backs of tax payers – worldwide, I might add as it is not just European central banks pumping money in, but also, for example, the FED.

I was a little frustrated with my wife on Friday evening as, upon returning from work, she mentioned that French media were hailing the bond swap decision as a significant step on the road to recovery for Europe, and how this was good for Greece, and the Euro. She just took it as gospel what the MSM was saying. My riposte that Greece will be declared defaulted on March 23rd was again met with some scepticism. I, too, am sceptical, but not because the MSM have given me reason to be, but just because two weeks in politics can be an awfully long time, and money never sleeps.

When I asked what she thought of the money pledged to Greece to actually being held in escrow, and that it will not be released until conditions – which seem to be changed almost daily – are met with satisfaction as deemed by the Germans et al, she did not understand what I was saying. When I asked if she thought it right that her tax was being used by the IMF, ECB etcetera to pay for the mistakes/greed in speculation, of, for example, but not exclusively, French banks – 79% of all money going to the Greek banks, goes straight back out again to those banks that Greek banks owe money to, you know, like her French bank – she appeared to be at a loss for words.

When, the following day, she remarked on the cost of food, and I remarked on the consequences of quantitative easing and the real impact on real inflation that is not considered in the surreal world of government economics, she did not dismiss my observations, nor make any real comment upon them. Shame, really, as she does hold a PhD… and I was spoiling for a fight.

Huh, my education. Well, like my wife, I do have a reasonable education, and like to disassemble and study both finance and politics. I guess you could say that I try to look at the world though quantitative reasoning, and not mix it up with qualitative bias. Sadly, power seems to try and qualify to its own objective, and produce unreasonable quantitation to try and support their position. And then most people are so jaded by the economics of the past few years, and have been, in my opinion, deliberately confused by power with the ever-changing circumstance of the global recession, that they no longer try to make sense of what is happening, and take what is told to them in the MSM as the truth.

Anyway, enough of this… England play France in the Six Nations rugby tournament later today, and I may yet have my opportunity to fight; as I am an Englishman in France with a French wife.

...and good to hear of your progress Chonchy. May the dollars roll in for you.

I think that we may be in the initial stages of a significant drop for EU - of course, a lot depends on what the FED do in order to keep the Dollar value low.

A look at Cable...

Yo everybody...

Ben crazy weeks here. I turned my first store into a franchise, sold it to a friend and now we are in the transition process, including a total rebuild. Projects, decisions, purchases, so forth.

On top of that, I had a miserable week with an employee. Treason. Not financial, that could be easier. Personal. The SOB is pregnant and she's full of "rights" you know?

But I got a lawyer and a voice recorder

I laugh now, but it was a tough 7-day crisis to deal with in such a way to protect my interests.

Only yesterday I was able to oust her from my store and now peace is back to business...

How you guys doing?

Seen Moody's declared Greece in default, so now eyes will turn to Portugal, according to Roubini.

To me? Euro is doomed. BBC reported UK is preparing for the Eurozone collapse. Yep, not the "Euro currency". THE "EUROZONE".

And I agree. As soon as Merkel manages to negotiate with her exporters (that hate the idea of a strong Mark), Germany will be the first to flee the zone and go back to the DM.

Seen reports that Germany is talking to Holland and Luxemburg to form a "Super Mark", but either way, the damage will be hard.

My 3 cents...

She's been busy regaining the confidence of the German electorate, and with her recent hard stance with Greece, is back to popularities not seen since she was elected several years back.

...oh, and little reported, but she has been building a protective wall around German banking by forcing through legislation that will allow Germany to exit the Euro but remain a part of the EU.

Reinstated its Special Financial Market Stabilization Funds. SoFFin – anybody remember that?

It has allowed for a 400 Billion Euro coffer to use as guarantees for German banks. An additional 80 Billion Euro has been set aside to recapitalize German banks.

Germany has also passed legislation that will allow German banks to drop their euro-zone government bonds. Which basically means that any German bank can, if it wants, choose to drop any bad European bonds into the SoFFin… a mini ECB, almost.

Canny, are those Germans, and this drawn-out process of rape of Greece has allowed Germany to produce a firewall to the tune of 480 Billion Euro… Germany could drop the dream of a federated Europe at any time, and be least affected by the repercussions.

For me, this dragging of heels to resolve the woes of Europe is a façade, with Germany knowing all along that the situation would never be healed.

Can’t wait to see the panic in France if Germany leave.

I agree with you 45.

This last package annouced, a multi-billion bullshit (coz the US needed multi-trillion to be as bad as it is) was smoke and mirrors to buy Europe some time.

Greece has told the EU to "put the help package where the sun does not shine"

Greece couldn't care less: their creditors are the major US financial institutions, i mean, who cares about being honest with crook institutions?

To me? Let Goldman et al fail. Shoot all the clowns. Shoot them down. Kill'em all.

Stick it to em Cesar! Welcome back and good wishes to you and yours.

I wonder what role China will eventually play in the European outcome.

They are absolute experts at "bottom feeding" and with the leverage that they hold in their foreign exchange reserves alone they could easily gain a "controlling interest" in a number of global financial institutions such as the IMF.

I would think that they are playing their cards close to their chest, all the while, positioning themselves to their best advantage. China may well prove to be the black swan in all of this European fiasco. I guess it remains to be seen when they finally put their cards on the table - new world order - China style???

Oh, and let's not forget the Russians ..........

Bonjour, Hi, guten Tag, Hallo, buenos días, aloha my Friends

The week start here.

Let's go..

Will post chart and my view later.

Closed last trade, sitting flat and waiting on a break.

HOLLA

My short was filled upon breaking the aqua horizontal line as plotted on the charts submitted. Couldn't help myself...

[..............And then most people are so jaded by the economics of the past few years, and have been, in my opinion, deliberately confused by power with the ever-changing circumstance of the global recession, that they no longer try to make sense of what is happening, and take what is told to them in the MSM as the truth]

........In my opinion wish is like almost nothing realy, they are just turning thier head not to see what is going on, soaperas tv gramis, concerts, nintendo, and no body want to see the sings on the wall, or listen to people like your self, me and others, when we tell them how it is, they just don't want to beleive it, and is a stupid defensive maniuver that takes us no where, people should realise that we have being rob by this monsters in every wish way, and that we should wake the feck up and stop all this money printing that only benefit them and empover us and specialy the midle class, wish is the class that move the world, I just don't know why they don't get ready of the feds, it is basicaly the feds printing money that keep all this welfare state going and rolling into more debt and inflacion and the growing fact that more and more people are leaving on food stamps and welfare, so if no jobs are found and the checks keep rolling and the debt growing, they will keep printing their way out and taking us deeper, is a suicidal end that probrably that is why no body want's to wake up, because at the end, when the feds are gone and the food stamps and the welfare check stop and the jobs are not here, but in china, at that end, what is going to happens? with so many people without work and not willing to work, so acostume to those welfare check, what a social mess in deed we got ourselfs in? and deep into it,...........how we got here, why and how we get out.........

.......I will shoot them all, shoot all this clowns in goverments and the feds, shot them all...........

.........If you are short this pair, yurow should follow suit, soon, so I bether look for an entrie in the 30M chart for me...........wish me luck.......

.........I found one in the 5M, ..........."let see how she rolls"

...........I think I will short the franc also, call me crazy, maybe the bikes have me a little crazy.......