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  • #79,981
  • Apr 23, 2012 12:20pm Apr 23, 2012 12:20pm
piss!!!!!!!!!!!!!!!
building a oil chart.. we should of got to 114.74 oil.. the Cushing pipeline turned around has decreased these chances. because Brent should drop now. if i had known this,(it crossed in February)i would of been more bullish in the euro and gbp.. the current oil top (110.53 area) is the upper mofu for 114.74
chart wise, oil is bullish atm. 92.65 will void 114.74.. we are in that mofu atm.. below its mid. atm oil at 102.51................oil will have to drop 10 bucks for a decent gbp eu bear run. with a decent support at oil 75 (74.94)
i had these charts last year. i lost them..
those who can, do. those who cant, talk about those who can
  • #79,982
  • Apr 23, 2012 12:20pm Apr 23, 2012 12:20pm
some shitt dont read

11:42 AM Europe closes sharply lower as weak economic data plants itself in the continent's growth engine, and the debt crisis claims another government (with another maybe on the way). Stoxx 50 -2.9%, Germany -3.4%, France -2.8%, Italy -3.7%, Spain -2.7%, U.K. -1.8%. Euro -0.3% to $1.3180.


11:02 AM Accountability update: Former Iceland PM Geir Haarde is found guilty of negligence concerning the collapse of the country's banking system in 2008. He is cleared of 3 other charges and will face no punishment. He is the only politician on the planet to face charges in connection with the global financial crisis

10:01 AM Ireland's 2011 underlying budget deficit for 2011 hits 9.4%, beating the EU target of 10.6%. You'll notice "underlying" in that first sentence - stripped out were "one-off" capital injections into the nation's banks, without which the deficit was 13.1%. Despite slowing growth, the government remains confident about hitting its 8.6% target for 2012.

9:32 AM The debt of the 17 euro nations climbed to 87.2% of GDP in 2011 from 85.3% previously, the highest level since the introduction of the currency. The overall budget deficit declined to 4.1% of GDP from 6.2% thanks to the implementation of austerity measures across the zone.
  • #79,983
  • Apr 23, 2012 12:21pm Apr 23, 2012 12:21pm
thanks, and for your Dow call too. didn't take it but took aj last night off pmi. closed it this AM

Quoting kill56
dont like daily for longs it looks pinkish, keep an eye on 1357 , i am looking for 1320


fook the chart
  • #79,984
  • Apr 23, 2012 12:27pm Apr 23, 2012 12:27pm
Quoting pkimnyc
got the same level here.
just st for me.. looking at charts built before Cushing had it higher. as Cushing sinks its higher chances decrease. more Cushing = less brent= brent price lower = less usd need to buy brent. also makes la/sweet and tex oil price higher. either way gasoline goes down.= less usd leaving the u.s... the charts dont know this. the big boys use the charts. the market has to adjust chart targets. this takes time.
those who can, do. those who cant, talk about those who can
  • #79,985
  • Apr 23, 2012 12:34pm Apr 23, 2012 12:34pm
Say what you want but those pin bars are freakishly consistent...
  • #79,986
  • Apr 23, 2012 12:37pm Apr 23, 2012 12:37pm
Quoting gatorinla
just st for me.. looking at charts built before Cushing had it higher. as Cushing sinks its higher chances decrease. more Cushing = less brent= brent price lower = less usd need to buy brent. also makes la/sweet and tex oil price higher. either way gasoline goes down.= less usd leaving the u.s... the charts dont know this. the big boys use the charts. the market has to adjust chart targets. this takes time.
Found this interesting..
http://www.marketwatch.com/story/oil...ing-2012-04-23
  • #79,987
  • Apr 23, 2012 12:40pm Apr 23, 2012 12:40pm
Quoting Larseg
Say what you want but those pin bars are freakishly consistent...

looking at the hourly bullish pin
  • #79,988
  • Apr 23, 2012 12:40pm Apr 23, 2012 12:40pm
you mean the 4 H pinbars on the S&P?

Quoting Larseg
Say what you want but those pin bars are freakishly consistent...
  • #79,989
  • Apr 23, 2012 12:51pm Apr 23, 2012 12:51pm
Quoting roro53
you mean the 4 H pinbars on the S&P?

I am very cautious with stocks the next 45 days ... when in may... stay awa....

but looking especially at the EU 1H and 4H
  • #79,990
  • Apr 23, 2012 12:56pm Apr 23, 2012 12:56pm
Quoting Chillypiper
Found this interesting..
http://www.marketwatch.com/story/oil...ing-2012-04-23
in the real world. Cushing has a valve. it can open and close at will. then can pinch it back. they can close it and cause a shortage. then reopen when the price spikes. in 2008 just before the crises everything was full, cushing was full.. new jersy was full.. all the storage tanks rented, were full, financed by goldmen (across the nation). who at the time was calling for 200 per barrel oil. there were thousands of tankers full, with no place to go. so they sat offshore anchored. then with gas at 4$ the shit hit the fan. the ones who paid 147 were fucked. they got margin calls. the ships were not paid. so they kept the oil and sold it cheap. the entire system broke. the ones who owned 60$ oil got margin calls. and so on.. then the fingers came out pointing in all directions except the match that lit the fire.
those who can, do. those who cant, talk about those who can
  • #79,991
  • Apr 23, 2012 12:59pm Apr 23, 2012 12:59pm
Quoting Chillypiper
Found this interesting..
http://www.marketwatch.com/story/oil...ing-2012-04-23
here is one. it has to be true because the government investigated it. oil can flow in only one direction. at Cushing the laws of physics change
those who can, do. those who cant, talk about those who can
  • #79,992
  • Apr 23, 2012 1:34pm Apr 23, 2012 1:34pm
Quoting Larseg
I am very cautious with stocks the next 45 days ... when in may... stay awa....

but looking especially at the EU 1H and 4H
bull for a while,

USDOLLAR H4:
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Don't be a hero. Don't have an ego. Always question yourself
  • #79,993
  • Apr 23, 2012 1:40pm Apr 23, 2012 1:40pm
me finks 57-65. if start seeing some closes above 57 then we should get past 65 and that leads to 3210... maybe more. 1.3336 would be awesome
dreams do come true.
  • #79,994
  • Apr 23, 2012 1:46pm Apr 23, 2012 1:46pm
of course 47, the mid and wpp...
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dreams do come true.
  • #79,995
  • Apr 23, 2012 1:55pm Apr 23, 2012 1:55pm
Quoting gatorinla
here is one. it has to be true because the government investigated it. oil can flow in only one direction. at Cushing the laws of physics change
Haha! Ya, In the direction they deem fit to make them unscrambled. Without the sanctions in Iran right now supply would out way demand and we could be back in the 100 buck zone...

Summers coming and will give the US gov a way to possibly reach the 114 again. But, will drop again before for the election to once again give faults hope the public in there Gov...

And oc, all bet's are off, if Syria continues it's shit and we find ourselves in another oil related conflict.. We just went from 30 "US advisor's to an even 300 over the weekend.... Sounds a bit like Nicaragua and Cambodia in the early stages.....Giving vailidity to history repeat's it's self, is true...
  • #79,996
  • Apr 23, 2012 1:56pm Apr 23, 2012 1:56pm
the fak
  • #79,997
  • Apr 23, 2012 1:58pm Apr 23, 2012 1:58pm
wa?
Quoting fxjawn
the fak
dreams do come true.
  • #79,998
  • Apr 23, 2012 1:59pm Apr 23, 2012 1:59pm
Quoting wannaberich
wa?
nuthin...

just woke up..
  • #79,999
  • Apr 23, 2012 2:00pm Apr 23, 2012 2:00pm
k

Quoting fxjawn
nuthin...

just woke up..
dreams do come true.
  • #80,000
  • Apr 23, 2012 2:01pm Apr 23, 2012 2:01pm
was gonna post this but then i saw your post. sometimes my 2 neurons forget we're in 2 dif time zones


"where have u been, fuck face??? working? "
dreams do come true.
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