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The Really Useless Thread

  • #81,841
  • Apr 30, 2012 10:35am Apr 30, 2012 10:35am
Quoting Venice
Correlations are completely jacked.
v true , nothing out their
  • #81,842
  • Apr 30, 2012 10:36am Apr 30, 2012 10:36am
Quoting kill56
its confusing, cable and fiber mostly go togother ,

i had 6350 as a target and we might still get it, fiber is doomed u know it wonder why we did not see a dump yet ,

u know we might have a top in cable i will stay east till we close above 6350 might be wrong
greece who? look at Spain.. higher unemployment and debt
those who can, do. those who cant, talk about those who can
  • #81,843
  • Apr 30, 2012 10:48am Apr 30, 2012 10:48am
Quoting gatorinla
greece who? look at Spain.. higher unemployment and debt
wait till italy comes in nothing will save the eu , lira and mark in sight

equities will be the way to go , look at dow and es long term
  • #81,844
  • Apr 30, 2012 10:50am Apr 30, 2012 10:50am
Quoting gatorinla
greece who? look at Spain.. higher unemployment and debt
yeah i'd put it down to spain's poor economic performance being the main story today...
  • #81,845
  • Apr 30, 2012 11:09am Apr 30, 2012 11:09am
mpp, wpp ping pong, 'cept mpp closes tonight...

Inserted Video
  • #81,846
  • Apr 30, 2012 11:22am Apr 30, 2012 11:22am
Quoting Venice
Correlations are completely jacked.
yea gbp us being used as a safe haven with eu in toilet and bad us numbers. London cant use swiss accounts anymore. Not sure how long before market wakes up and sees its way overvalued
  • #81,847
  • Apr 30, 2012 11:24am Apr 30, 2012 11:24am
Quoting FibbinArchie
yeah i'd put it down to spain's poor economic performance being the main story today...
southern euro and a northern euro split..
those who can, do. those who cant, talk about those who can
  • #81,848
  • Apr 30, 2012 11:28am Apr 30, 2012 11:28am
Quoting gatorinla
southern euro and a northern euro split..
hmm, netherlands seems to be in the frame too, along with italy...
  • #81,849
  • Apr 30, 2012 11:35am Apr 30, 2012 11:35am
Sweet price action.

So, where are all the sellers from our sweet sell off from the beginning of April?
  • #81,850
  • Apr 30, 2012 11:40am Apr 30, 2012 11:40am
Quoting gatorinla
gbp has a hell of a wedge on it, pointing north. if it breaks the L tl.. its a bearish wedge formation. 4h
sub 6197/98 worth watching
those who can, do. those who cant, talk about those who can
  • #81,851
  • Apr 30, 2012 11:44am Apr 30, 2012 11:44am
Quoting FibbinArchie
hmm, netherlands seems to be in the frame too, along with italy...
the Irish even with the austerity are loosing ground too. i usually say "the club med countries". but with these already guaranteed by Germany and France. even puts the Germans at risk. the bag holders.. don't forget the Swiss and all those high interest rates in their banks. the ones leveraged in the ez
those who can, do. those who cant, talk about those who can
  • #81,852
  • Apr 30, 2012 11:45am Apr 30, 2012 11:45am
15min left in this h4 bar for me. looking like they're holding it up
Disclaimer: Check your 1m charts
  • #81,853
  • Apr 30, 2012 11:49am Apr 30, 2012 11:49am
Quoting pipper
15min left in this h4 bar for me. looking like they're holding it up
Yep. I wonder how much longer this upward creeping is going to last... it's become annoying at this point.

Two weeks later... still in the same spot.

I hope whoever is floating this upward gets margined out in the hardest of ways.
  • #81,854
  • Apr 30, 2012 11:50am Apr 30, 2012 11:50am
Quoting pipper
15min left in this h4 bar for me. looking like they're holding it up
once 3228.8 was tapped .. 3187 became a high % likely trade.
those who can, do. those who cant, talk about those who can
  • #81,855
  • Apr 30, 2012 11:53am Apr 30, 2012 11:53am
Quoting gatorinla
the Irish even with the austerity are loosing ground too. i usually say "the club med countries". but with these already guaranteed by Germany and France. even puts the Germans at risk. the bag holders.. don't forget the Swiss and all those high interest rates in their banks. the ones leveraged in the ez
guessing that a lot of the med countries have created their economic bases around tourism, given the current climate of global austerity, i imagine tourism is one of the sectors that's feeling the pinch the most..
  • #81,856
  • Apr 30, 2012 11:57am Apr 30, 2012 11:57am
at times like this, i'm glad i'm working V.. This PA would drive you nuts

Quoting Venice
Yep. I wonder how much longer this upward creeping is going to last... it's become annoying at this point.

Two weeks later... still in the same spot.

I hope whoever is floating this upward gets margined out in the hardest of ways.
Disclaimer: Check your 1m charts
  • #81,857
  • Apr 30, 2012 11:58am Apr 30, 2012 11:58am
Quoting gatorinla
friday just before most market closes we got to 3270.2.. i was hoping for a chance still to scalp a short. just in case the gbp is lying. still did not hit 72..
if it now goes back to 3272 + a couple at the most. then back to 3228 or less.. then 3185 is a target .. if not atm 3190 already looks good. if we get below 3228..from the min 3190.. we still may not be finished with 3272.. just depends on how it it done or not done
killer you were right.. i should of said 3190 to be safe..it never did 72, close but no touch
those who can, do. those who cant, talk about those who can
  • #81,858
  • Apr 30, 2012 11:58am Apr 30, 2012 11:58am
still holding short. if we close below 3224 on this hour, i'll be happy

Quoting gatorinla
once 3228.8 was tapped .. 3187 became a high % likely trade.
Disclaimer: Check your 1m charts
  • #81,859
  • Apr 30, 2012 12:02pm Apr 30, 2012 12:02pm
couldn't do it. looking like it will be China PMI later tonight (8 hours) that will decide it. H4's timing will line up nicely

Quoting pipper
still holding short. if we close below 3224 on this hour, i'll be happy
Disclaimer: Check your 1m charts
  • #81,860
  • Apr 30, 2012 12:04pm Apr 30, 2012 12:04pm
Quoting FibbinArchie
guessing that a lot of the med countries have created their economic bases around tourism, given the current climate of global austerity, i imagine tourism is one of the sectors that's feeling the pinch the most..
and the euro rises, whats that going to do. what products are a hurting tourism economy, going to buy from Germany? when at the same time, u.s. and asian products are getting cheaper. i dont know, but i bet it will be less of the higher priced ones.
those who can, do. those who cant, talk about those who can
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