Cesarnc's market talk, gossips, rumours & fun

...........this year........

I agree Choncy.......I did not intend to come across as being disrespectful to people in general as I consider myself to be average and come from a poor/middle class background that worked and educated itself and my grandparents had literally next to nothing especially as compared to what people have today that fronts on vulgar........baseball players getting 100 million dollar contracts???.......one example of many.......

As a rule I find that values have shifted far away from what I knew and learned when I was younger and not that I am a paragon of virtue or a saint either because I am far from that too.

The value shift ........I think that influences my trading.

Roro, you've certainly got it right except perhaps for the social change part, it's underway as we speak and doesn't aways happen for the better. I wasn't offering Beck's model as a possible organizational method to implement change. I'm to old and jaded to believe that there's any hope for utopia LOL. I was just using it as an observational model to explain what I see as the unfolding of a natural phenomena. As history shows, when it comes to human nature, very little changes but the costumes and the toys.

Yes, I too trade on the premise that the markets are corrupt and rigged, that's why I don't mind robbing the banksters for all I can get away with.

... and its nice to meet another Martian

For fellow Martians

http://www.spiraldynamics.org/Graves/colors.htm

........no not a all, no disrespectfull at all, but i think in deed the people is changing, some to bad like fxhermit say and some to good like I hope we all do, I think that if we all learn and get the necesary spiritual knowlage that we need to change this world for the bether, then we will be leaving in exectional times in deed, from mars with love.........

Jack will save the day ...

FXhermit............you may very well be right on the money, no pun, when it comes to social change coming. I don't know and have some doubts about that given the lay of the political landscape and the drunken stupor I associate with blatant consumerism and all of the subtle sub conscious undercurrents and influences of it all

I have pretty much always had an interest in issues social and social fairness (elusive concept), but to be honest I am not up to speed with Beck so clearly out of my league with you on that score for a reference.

I look at this way; central banks as an official body or institution of governing authority that represents the higher authority of an elite class clearly understands the concept of no border (currency) and in that sense that class has already elevated itself far beyond what the average people can dream let alone comprehend.

I see the evolution of the power of central banks as more or less a de facto overthrow of democratic values and unless the 'average person' begins to take real responsibility for democracy then the only revolution I see is a more radical concentration of the kind of social/political/economic power that has been witnessed by the banks especially since the beginning of the financial crisis.

You know how I know that?.......because Jamie Diamon told everyone that just a few weeks ago. (just kidding but seriously too - how many people got that nuance of insider trading on the FED handing over the results of the stress tests with a promise for the banks to not disclose until several days later?.........if you or I had done that we would be in jail, unless of corse we worked for JPM or BOA or or or - wonder how many 100s of millions JPM traders made off of that call?...........)

Mars Attacks.........excellent call fxhermit......you have a PhD in humor also?

The evolution of the central banks has been going on for decades(some would say for centuries) and as you so aptly put it "the overthrow of democratic values" with it. Perhaps this is the social change being carried on the wind. I constantly try to see things from an outside observers point of view trying not to get too caught up in the minutae of it all (after all it is fascinating). I'm more interested in recognizing the underlying natural phenomenon of the human condition. Even the most elite of the elite must still at some level operate according to their nature - which I believe is definable in academic terms. What one does with that .....???

Yeah, still remains as one of my all time favourite sci-fi B flicks.

........it is funny in deed, I haven't seeing it yet, but I will soon......

Chonchy was right fxhermit.........you are deep. Nice to know you also and look forward to reading more of your deep social and human insights.

I have AUD/USD trading in a descending channel with R around 1.05 on an 8 H chart.

I think the central banks are looking past that and past 1400 for the S&P.

Failure (sell off) is not an option.

PS............I know I probably shouldn't ask, but what the heck.......can expand on and clarify your view over the human condition being defined in academic terms?.....and especially how it applies to the elite?.........this should be interesting!!!

O.K. Oanda has come alive. Just about zero liquidity at the moment. Never know whether or not to take their sunday feed seriously or not, most of the time it doesn't seem to matter and then sometimes ... Oh, well, trade what you see and see what you trade, I guess. Lets see what this week brings.

"the overtrown of democratic values" if I can help it, I will fight, that is why I tell all my friends and families about Dr. Ron Paul, maybe I'm wrong but I think is the last of the moicans, like we cubans say, so if I can help, I will tell the world out there that is hope and that if we want to stop killing eachothers for oil or gold or other material things and start doing biger and bether things, stop enjoying fights and war games like if we are in roma with the gladiators still, imagine if instead of the martians coming to invade us, they are coming to help and here we are killing eachothers over oil, invading countries for material things and what not, of course they will turn their back and flee, take off, get the hell out of here, this terricolas are in the cavern era, still, and I don't blame them, I will leave too, what, I'm going to put more powerfull thechnologies in this ancients civilizacions, no way jose........let get out of town, jack.....

.........fxsolutions opens at 5:15 here so no charts for me yet.........

and IBFX later.......at 6:00 I think, don't realy know......

..........same price as friday, 3270 on fxsolutions.......

Ah, O.K. I'll try not to get too carried away.

I don't really want to get into an indepth discussion of Spiral dynamics here, google can pretty much take care of that. Suffice it to say that I think it is as good a lense as any through which to see the human condition. Why would I want to do that? Well hell, I'm human (sorry, I lied, I'm not a Martian) and I think I have at least a bit of a mind so why wouldn't I be curious about the make up of my fellow man. I suppose that at some level its an attempt to understand my self as well.

Anyway, placing the elite into an academic structure should allow one to see and understand their value systems. When you understand a person's (or a group or society's) values you can pretty much extrapolate that to how they will behave. You know, I've always had what I hope is a healthy disdain for authority so it probably comes down to "knowing thine enemy" and what I've discovered is that the elite are really not that much different than us. They still wipe the same orifice the rest of us do. They just use a more expensive brand of toilet paper.

I'm perhaps also a bit selfish because the traits of the elite and their actions are not always villainous. I even try to acquire some of them myself particularly those values surrounding the accumulation of wealth and how it is utilised and those values pertaining to philanthropy and community involvement. To me the point of accumulating wealth is to be able to utilise that wealth within a value system that reflects my own personal values. It's the best use of money that I can think of. To date I have been most fortunate to have had the opportunity to be involved in founding a science centre, an art gallery, a roots and blues music festival, an artisans guild, a community preschool, an agricultural project in the Carribean as well as supporting an orphanage in the Carribean. Currently I have an invite from a friend and producer in L.A. to help him start a world class film festival - an interesting project indeed.

As a consequence I have met people and continue to meet people from all walks of life - from gangsters to semi royalty. I've had conversations with beggars and billionaires, sat on Sr. Eric Garry's grave under a flambouyant tree and smoked an enormous spliff with a few dread head Rastas while being indoctrinated in the "secrets" of rastafarianism LOL. I've had new life born into my very hands and have also had it fade in my arms. Life itself drives me to at least attempt to make what little sense of it that I can and to "be what you want the world to be"

So you see, there is a method to my madness.

O.K. enough of all that heavy duty pontificating. Time to go back and enjoy some of chonchy's girl friends.