Cesarnc's market talk, gossips, rumours & fun

seriously though, the body really is art

the Greeks and Italians know it too.....lol

for what it is worth there is some pretty cool shit hot thinking here imo

thx

I absolutely agree that the body is art. (FXHermit is something of an artist, or involved in such pursuits, as far as I can recollect; and so it would be interesting to learn of his appreciation)

Whether it be the curves of the opposite sex - the admiration for which is driven by uncontrollable designs within the nature of our minds - to the absolutely fascinating complexity of how such organisms work, it is an art form that I think we can never get enough of.

Yes, the mechanics of how the body works, coupled with the control of such by the brain, is, truly, fascinating.

Therefore, I never feel guilty when looking at the magnificence of the body... and being male, in particular, the female body.

Long live art! That's what I say.

and Vive la Revolucion !

The charts contain further comments upon expectations, but in summary, I am expecting some form of retrace for PA after failing for three days to break convincingly below the 23.6 FE. Add to this the fundamentals concerning the Greek situation, and on/off agreements to form a coalition government – of which I am sure Brussels and Germany are heavily involved in trying to mediate/manipulate - and I think market makers have paused for breath whilst waiting to see what happens next.

And one should not totally discount the new champagne socialist in France – already reading here in France of manoeuvres for the election promises to be watered down, and so it is looking like once again the electorate haven’t got a clue about who they have voted for, and the game will carry on. Never changes…

Finally, and this is from UBS via zerohedge, the following dates should be remembered.

15 May 2012 – Greek foreign law bond redemptions. (Yes, I have spoken a lot about this in the past, and so if it goes the way many an analyst expects, perhaps the retrace north that I am expecting will occur on Monday, ready for the big drop later in the week).

18 May 2012 – Greek 3.3 B Euro bond redemption (of bonds held by Eurosystem central banks)

30 June 2012 – Greece’s medium term spending plan (for 2013-2014) due.

NOTE: The current loggerheads that Evangelo Venizelos and Wolfgang Schäuble seem to be at is, in my opinion, just bluff... these two failed statesmen are, as I read it, both agreeing in private to work together in order to save their own careers.

muzik for week end ^^



opening market ^^

.........Outstanding charts like always, in deed..........marvelous.....

great music dswk, great music.........

wow nice page 17777.........god speed......

.........so cold in there, she is going to get sick........so healthy, shame....

knocked out 2 750mls last night after watching this 10x,ingmar.....thx for the memories....bastard

then slept like a baby and dreamt about debbie for 8 hrs and wake up to this;

Chonchy..also a bastard.........btw her name was not molly but close enough..bastard.

and this too;

http://www.forexfactory.com/attachme...1&d=1336807941

dirty rotten bastard. you too.

all started by that dswk bastard

http://www.forexfactory.com/attachme...1&d=1336718999

i wonder where that fxhermit bastard went and i guess that smikester bastard is hiding out in the highlands with some prviate shit and a case of springbank stashed too i bet double bastard

bunch of dirty rotten bastards especially chonchy lol

any other bastards also welcome but have to bring pix

[quote=roro53;5661315]knocked out 2 750mls last night after watching this 10x,ingmar

Funny... here, try 1500ml in one go.

i definitely prefer that pair to the 2 x 750mls...........in other words i like your selections lol

http://www.forexfactory.com/attachme...1&d=1336838030

i kid you not ingmar. the resemblance is uncanny. she was 19 at the time. wish i had a time machine.

met her again when she was 28 and still hot.....nice. real nice.

scoffed this from killerwhale at AUD/USD........not bad

http://www.forexfactory.com/attachme...1&d=1336808424

the premise of the excerpts and link to the article here is market manipulation by the banks/central banks/policy makers/political class.....

since the advent of LTRO and the FED's managed and timed bluffs of QE (Twist as #3) i have tried to trade on the assumption that the current round of interventions is much more coordinated and sophisticated than previous rounds and that the message has been much more controlled......in other words an element of stealth and misinformation as part of the campaign that is an evolution from the previous episodes.


i like the following line of thinking and feel it has a ring of truth to it, especially viewed in the context of OIL and commodities and the recent $10 collapse in the price of CL....tactical market intervention....and its political edge

also, i have doubts about the kind of deeper selling as seen at the end of QE1 and 2 for the simple reason that BB has no doubt learned from experience and the market looks like it has been propped in anticipation of another signal to come in June

a price collapse may also bring about serious repercussions for the banker class and possibly lead to radical consequences for the intrenched political elite so am expecting an all hands on deck response accordingly (all it may take to strike the proverbial match is for the sudden rise of some charismatic leader who disavows financial wealth and the salaries and outsized benefits bestowed upon politicians and banks.........watch the tide turn on that)

not bad for only 500mls so far lol....750 the limit tonight.......have to read over and study up on 45Condor's charts and commentary before mkt open tomorrow

excerpts from the article:

"This is why the Fed is pretending there will be no more liquidity added to the system. In their minds, the best strategy is to talk down QE while at the same time attacking commodity markets behind the scenes."

and,

"There is a problem to this strategy; however, and that problem is reality. The reality is that pretty much all of the engines of global growth in the emerging markets have economies that were similarly fueled by ponzi finance and money creation and they are rolling over hard.......don’t even need to mention Europe."

and,

"So the fact that pretty much every major economy is rolling over at the moment means one thing. (The central banks) need to print and print big. Not that this does anything for the economy, but it usually buys time (until it doesn’t). If they are going to print and print big CBs need commodities as low as possible.

and,

"When a price (for Gld/Sil/CL) is printed that catalyzes huge buying it will set a major floor and the mkt will be headed straight to $2,500 (GLD) very fast. It’s possible this has already happened, but have a suspicion (CBs) have another trick up their sleeves. There are four more FOMC meetings ahead of the elections (June, July, September and October), and suspect they need to act in June or July."

finally,

"The huge risk now though is if they do push the metals in a gap lower from here supply will literally disappear. Let’s see if CBs dare."

http://www.zerohedge.com/news/mike-k...can-they-do-it

amazing what a woman can do to my brain just by crossing her legs........it is a f__ing miracle

[quote=45Condor;5661417] Attached Images http://www.forexfactory.com/attachme...1&d=1336838030

a bit off topic - read over facebook and history and comes across a lot more like facef__k

what values get taught at harvard again?

Hi Roro53; well, I have been trying to read all that I can regarding QE, and the effects upon the various economies. I still maintain that it is all a guise to transfer wealth from those on the ground to those at the top that screwed up.

Any regular reader of my diatribes will understand that I abhor the political classes, and the inflation creeping into the economies via a back door that enables the real numbers passing through the party gates to go misreported. However, I also think that this inflation is being capped – thankfully, I think – due to the money being ‘printed’ not hitting the gig at street level. Perhaps this is a good thing, as we may otherwise be in a state of hyperinflation, and I feel that the political classes knew/know this, and so feel that they have no option but to continue the following:

In the case of Europe, the ECB’s LTRO program, and the QE program in the UK have been used, for the most part, to purchase/mop up sovereign debt. This in turn allows the Ponzi scheme to continue, and as has been seen, allows sovereigns to maintain spending. Austerity… hmm, not sure for those at the top, and certainly not for Spain and Italy – who I think know what is coming, and so have decided to just keep on spending what is given them in case this is the last fiesta, before the electricity is cut and they have to make their own way home as the taxi service provided through QE refuses to take passengers that it knows have no money to pay at the end of the trip.

Furthermore, and dependent upon which country you may be in, it seems that many street consumers consider the worst over – a very real north/south divide in Europe. Well, this may be due to the fact that the 1.5 T Euro already spent has not, as was told to the public upon the programs’ announcements, found its way into small businesses and consumers in order to stimulate growth and spending, but onto the overly-cooked books of financial institutions. And then one has to ask: can a politician really expect the man on the street, already neck-deep in debt, to take on more debt? Yes, I know, many would through either not knowing their true financial predicament, or by having no other choice but to take on more debt in order to survive (and this assumes that a creditor would give them the option to take this debt, as it has been seen that banks will not lend to small businesses and consumers who are actually solvent, so what chance someone in a little trouble?). And if this money from QE had found its way to the street – and not to pay off book debt, or to speculate out in Asia - can you imagine the possible inflation rates now?

What seems to have happened is the money has pushed up inflation in equities – pff, thanks. In addition to this, the effects of each ‘stimulus’ upon value are increasingly diminishing, and so it is taking more money for less effect on stimulus. Couple this with the true situation in Aisa – the much-vaunted economic region that will save the world, but which is experiencing contraction, and inflation – and it seems that a point is being reached whereby the only way forward, is down.

I do think further rounds of QE in Europe, the US and Asia will come – at politically expedient times - but with the man on the street being denied access to credit, or being savvy enough to try and save as much as they can due to the continuing uncertainty over global economics – I think alternative media is starting to reach far more people, and so they are increasingly not believing the crap from the political classes and their MSM propaganda machines – the contraction in growth will continue, if not accelerate.

I think there is some room to go on the equity run, but whether it will be another straight run or not is another matter. As I think we mentioned a few weeks back, the apparent topping that we are seeing may be due to the current stimulus funds being depleted, and so it remains to be seen if more currency in the form of state-sponsored binary manipulation can be manifested. I would not be holding any significant amounts – if I had any – in equities.

And so finally, to all the younger readers in Europe, don’t listen to this old fool. It’s almost summer, and time to enjoy yourself at raves and whatnot… you know, smashed out of your heads on alcohol mixes, drugged up to the eyeballs from goodness knows what these days, and crawling around in the filth-filled ditches that run around the field that is being used to the host the gig. Party on!

(Please note, my last paragraph is not intended to insult the younger readers of FF, who, by their presence on FF, show far more awareness than many of my contemporaries. It was more a fun closure to the comment that is just as applicable to many older people that I know. )

Meanwhile, front page news for a weekend that may see millions more Greeks tossed out onto the streets is about a 17-year old girl and her dog winning Britains' got Talent.

For F***s sake, there is no hope...

http://www.telegraph.co.uk/culture/t...ot-Talent.html

Not the easiest instrument to get involved in at the moment...