The Really Useless Thread

waiting for ny, to add some fire power... bbl..

it will be like.. what the fuck... what caused that? why so strong.. a -65 then -62 close would help

i bet cloggie is s

oh boy, that's crazy, but you never know

which one left or right sure ken's

killed at -4 , so close to the sl

1. 7:56 AM Next up Ireland, whose fiscal pact referendum vote is set for May 31. Sinn Fein President Gerry Adams - campaigning for a "No" vote - has seen his party rise to 2nd most popular in the country. "It may not be a rush to the barricades, but there is a slow revolution taking place," "Yes" continues to lead 47%-35%, with 18% undecided.
2. 7:38 AM Remember Portugal? Keeping its head down amidst a revolt in Greece, the government continues its austerity drive, scrapping 4 of its 14 public holidays for the next 5 years. Portugal's 10-year note yield +17 bps to 11.47%. Comment!
3. EWP
   7:31 AM Even as equity prices fall, Spanish bond yields have been well-behaved of late, but not so today, the 10-year leaping 20 bps to 6.04%, within a couple of ticks of the highest level to date. Maybe more ominous, the 2-year +23 bps to 3.57% is more than 140 bps higher than after February's LTRO, saddling the banks that loaded up on the paper with big losses. Comment!
4. STD, BBVA
   7:26 AM Madrid is leading the decline in Europe, -3.5% as Spain promises to force its banks to recognize and provision for the extent of their real estate-related losses. Included in the reforms to be announced Friday will be a €7-10B rescue for Bankia, the country's 4th largest lender. Santander (STD) -5.3%, BBVA -4% premarket. Comment!

7:16 AM It's last fall all over again, with German politicians suggesting it may be best for the Greeks to leave the euro. "The dogma that no country is allowed to leave the eurozone has already caused too much damage on EU policy," says CDU budget expert Peter Wilsch. 1 Comment

Maybe ~1.2775 by upholding monthly support ...and then up again. I don't know!

2925, 2888.3, 2854.2 are the three I'm eyeing. I actually counted on them for the end of this week. to go on, we need to close this week below 2888, otherwise I see chop.

shitty, looks like story of my life, hate it

2928 is the mid, from Jan, I have a few others, but I might consider focusing on this one...for now, and 3054 for the upside..

cable looks ready to shit the bed again

can't be that bad bro? can it?

or PA across the board ? -- or just EJ ?

Nice bit of compression building on the H4.

Edit: Pop went the lows.

not that bad but across the board in times I was concentrating on little scalps

i aint spitting at 2962.. i respect the hell out of it. oil aud gbp aj ect are all at supportive levels that can be broken.. the one that indicated drop was the eu 3-4 Mondays ago. the usd/cad is on the n bound.. with a round bottom at the top of a cup and handle. (top of the sup rim atm 4h)

time for a macro view on USDOLLAR

USDOLLAR D1:

wtf