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The Really Useless Thread

  • #85,581
  • May 9, 2012 8:41am May 9, 2012 8:41am
nap 4 me.. e close coming.. hope we hit 2916 first. then a drift n to 2962 ish
those who can, do. those who cant, talk about those who can
  • #85,582
  • May 9, 2012 8:47am May 9, 2012 8:47am
S cable 1.61 for a few...
Quant Hedge Fund CEO
  • #85,583
  • May 9, 2012 8:56am May 9, 2012 8:56am
Quoting gatorinla
nap 4 me.. e close coming.. hope we hit 2916 first. then a drift n to 2962 ish
looking that way, bears trying to close the hour...
  • #85,584
  • May 9, 2012 9:00am May 9, 2012 9:00am
Buying 2935... but tight stop here.
  • #85,585
  • May 9, 2012 9:00am May 9, 2012 9:00am
Quoting FXMastermind
S cable 1.61 for a few...
...and she gave 15, perfectly fine with that...

EDIT: bailed right on time
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  • #85,586
  • May 9, 2012 9:04am May 9, 2012 9:04am
any elliott people aboard? 5 waves on h4??

7 waves are flowing to the ocean, or sumptin' like dat, innit lol...

Inserted Video
  • #85,587
  • May 9, 2012 9:12am May 9, 2012 9:12am
Quoting gatorinla
nap 4 me.. e close coming.. hope we hit 2916 first. then a drift n to 2962 ish
1 pip shy so far...
  • #85,588
  • May 9, 2012 9:12am May 9, 2012 9:12am
Quoting Venice
Buying 2935... but tight stop here.
-6.
  • #85,589
  • May 9, 2012 9:13am May 9, 2012 9:13am
cleared most fiber some fr the road in case
  • #85,590
  • May 9, 2012 9:16am May 9, 2012 9:16am
talk of next greek bailout payment being delayed... not fucking surprising the way they're carrying on.. underscores the fact that there are issues..

edit- tweeted by zero hedge,

Latest rumor - Greece's Payment of €5.2 billion euros tomorrow may be delayed
  • #85,591
  • May 9, 2012 9:21am May 9, 2012 9:21am
good old greece always reliable for a bit of market volatility..

Inserted Video
  • #85,592
  • May 9, 2012 9:22am May 9, 2012 9:22am
Quoting FibbinArchie
talk of next greek bailout payment being delayed... not fucking surprising the way they're carrying on.. underscores the fact that there are issues..

edit- tweeted by zero hedge,

Latest rumor - Greece's Payment of €5.2 billion euros tomorrow may be delayed
lol, these guys are a bunch of twats.
  • #85,593
  • May 9, 2012 9:22am May 9, 2012 9:22am

  1. 9:49 AM Spain's 4th largest lender - Bankia - is set to be partially nationalized after the market closes today, according to a published report. The government will inject €4.465B into the bank, giving it about a 45% share. This action has been tipped for a number of days, but one wonders if it isn't the first in a string of bailouts. And the government is getting this money from where? 2 Comments
  2. FXF, FXE
    9:32 AM EMU troubles may soon put the SNB and its 1.20 euro/franc floor to the test, the cross sinking as low as 1.2003 several times today. The floor has thus far been maintained with very little intervention by the central bank. A true rush of money into francs, however, would force the SNB to make good on its promise of printing "unlimited" amounts of currency. Comment!
  3. STD, BBVA
    9:11 AM The Spanish PM announced today his country's banking system has collapsed and it's barely caused a whisper, writes Adam Button. Being locked out of debt markets isn't "theoretical," PM Rajoy told the Senate, ("it's) happening to the immense majority of regions, our whole financial sector and most big companies." Madrid -3.7%, STD -6.8%, BBVA -7.1%

  • #85,594
  • May 9, 2012 9:23am May 9, 2012 9:23am
Quoting Venice
lol, these guys are a bunch of twats.
came from multiple sources, but zh had the details...
  • #85,595
  • May 9, 2012 9:25am May 9, 2012 9:25am
bids supposedly heavier down through 2910 area, but expect substantial sell stops just below..

also there's supposed to be options related interest @ 2900, don't know details...
  • #85,596
  • May 9, 2012 9:26am May 9, 2012 9:26am
Quoting FibbinArchie
bids supposedly heavier down through 2910 area, but expect substantial stop loss sells just below..

also there's supposed to be options related interest @ 2900, don't know details...
I can't even find the next demand zone on my m15. Have to go back several months.
  • #85,597
  • May 9, 2012 9:26am May 9, 2012 9:26am

  1. 0:24 AM The eurozone may delay a €5.2B payment to Greece that's due on May 10, Dow Jones reports (via ZeroHedge), with governments concerned about providing the cash amid the political turmoil. Comment!

  2. 10:21 AM "Revolt was inevitable. It has finally occurred," writes Ambrose Evans-Pritchard. Hollande's victory has shifted the balance of power in Europe as Merkel no longer has enough allies to pursue her austerity agenda. Keep an eye on Italy, where ratification of the fiscal compact is no longer a done deal without sweeteners like eurobonds and a more Fed-like ECB.

  • #85,598
  • May 9, 2012 9:27am May 9, 2012 9:27am
Quoting Venice
I can't even find the next demand zone on my m15. Have to go back several months.
reckon 2880 going by long term charts..
  • #85,599
  • May 9, 2012 9:27am May 9, 2012 9:27am
Unravel the biatch!!!
  • #85,600
  • May 9, 2012 9:30am May 9, 2012 9:30am
Quoting Venice
Unravel the biatch!!!
been coming apart at the seems since last week's nfps... french and greek election results were the icing on the cake..
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