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The Really Useless Thread

  • #94,021
  • Jun 4, 2012 7:56am Jun 4, 2012 7:56am
Quoting sisse
Only 1/2 day today and tomorrow for currencies with London closed. Indices at key levels and in full control for the next waves across the board.

S&P (ES) at the most important levels in play this year. 1278.xx very tradable for the rejection of lows to 1297/1299.xx for NY and early this week until US ISM. Hold or rejection of 1299.xx will be very telling TA-wise not only for stocks but also for dollar, gold and oil.

Bulls losing floor in US markets will definitively carry lots of momentum there and will put all markets in a new bear/risk...
Just got this in my email.

Ever thought what would happen to Euro if the EZ muppets issued Euro bonds backed by gold.

Looks like they are already thinking about it.

http://kingworldnews.com/kingworldne...ked_Bonds.html
  • #94,022
  • Jun 4, 2012 7:57am Jun 4, 2012 7:57am
Quoting Mr Hatch
health-wise, I'm on the brink of feeling really good again, give it another 2 weeks.
trading-wise, I have changed a lot, adjusting here and there... I have 16 months left to decide if this is going to become my future, or not. so far, I think so.
how long have you been trading?
  • #94,023
  • Jun 4, 2012 7:58am Jun 4, 2012 7:58am
Quoting AllyB
how long have you been trading?
Jan. 7th, 2010.
  • #94,024
  • Jun 4, 2012 7:58am Jun 4, 2012 7:58am
Quoting sisse
Only 1/2 day today and tomorrow for currencies with London closed. Indices at key levels and in full control for the next waves across the board.

S&P (ES) at the most important levels in play this year. 1278.xx very tradable for the rejection of lows to 1297/1299.xx for NY and early this week until US ISM. Hold or rejection of 1299.xx will be very telling TA-wise not only for stocks but also for dollar, gold and oil.

Bulls losing floor in US markets will definitively carry lots of momentum there and will put all markets in a new bear/risk mode...

es fut was great 17 handles bro so sweet was scary but worth it dow too
  • #94,025
  • Jun 4, 2012 7:59am Jun 4, 2012 7:59am
Quoting kill56
we might see 2606 befor that
no problem with that, but that sequence sucks, as I don't understand it.
  • #94,026
  • Jun 4, 2012 8:01am Jun 4, 2012 8:01am
8:15 AM Portugal's €78B ($97B) rescue program is on course and the country's target of cutting its deficit to 4.5% of GDP in 2012 remains within reach, Troika inspectors say after their latest review. Portugal is now due to receive the next €4B tranche of the rescue. (Earlier: bank injection)



6:00 AM More on Portugal/banks: The government is injecting €1.65B into state-controlled Caixa Geral de Depositos, up to €3.5B into Banco Comercial Portugues SA, and €1.5B into Banco BPI (BBSPY.PK). The state will receive convertible bonds from BCP and BPI in return. The money is coming from a bank bailout fund created as part of Portugal's €78B rescue.




5:42 AM Germany indicates that it could drop its opposition to eurozone bonds, a banking union and other ideas if EU governments agree to give up more sovereignty to Europe, the WSJ reports. Germany is "willing to play ball" in a grand design, an official says; however, Angela Merkel is still publicly objecting to eurobonds.
  • #94,027
  • Jun 4, 2012 8:04am Jun 4, 2012 8:04am
Quoting Mr Hatch
Jan. 7th, 2010.
so your givin yourself 4 years ... that is a good timeframe. i started about the same time as you but didn't really get serious until july of 2010
  • #94,028
  • Jun 4, 2012 8:11am Jun 4, 2012 8:11am
come on lil aus and eur you can do it..... get em...
  • #94,029
  • Jun 4, 2012 8:12am Jun 4, 2012 8:12am
Quoting gatorinla
i got 2382 still valid and 44 if we break that last little spike. with a risk for 2382 at 2448 and it also the risk for 2322.. 2382 should trigger 2322
s/o at be
got an imaginary tl at 2460
those who can, do. those who cant, talk about those who can
  • #94,030
  • Jun 4, 2012 8:14am Jun 4, 2012 8:14am
Quoting gatorinla
s/o at be
got an imaginary tl at 2460
told you it was imaginary
those who can, do. those who cant, talk about those who can
  • #94,031
  • Jun 4, 2012 8:16am Jun 4, 2012 8:16am
cleared some fiber
  • #94,032
  • Jun 4, 2012 8:24am Jun 4, 2012 8:24am
does anyone coincidentally use LibreOffice? when I have a layouted table (all flashy, with colours, borders, etc.) and I want to copy a formula from one cell to a bunch of others, why does it copy the layout as well? any way to prevent that?
  • #94,033
  • Jun 4, 2012 8:28am Jun 4, 2012 8:28am
Quoting kill56
es fut was great 17 handles bro so sweet was scary but worth it dow too
Whats up bro... Yeap it was very sweat and scary (Fesx here) as you said as the levels below are very far. Right on time for NY, let see but this can be very further fast push to break down level 1299.xx and after decision time...

GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #94,034
  • Jun 4, 2012 8:31am Jun 4, 2012 8:31am
Quoting gatorinla
took a nap.. s/o on all but an older s. at 2410 +2 % for the day/month
it looks like a possible run to 2571.. its non symmetrical and counter. i wouldn't long it.. i also am not going to shorty atm. (other then a scalp for either)
since we are not going to close below 2309. a bounce has more validity. if you play adam and eve bottoms. we have one. that points to 2571. (more don't mean its good odds)

.against longs you got a lower trend with a brand new low with large upper wicks to fight,. we still don't have a close above...
we are here. i dont know how much gas is left in the tank. we still didn't really test 2622 area
those who can, do. those who cant, talk about those who can
  • #94,035
  • Jun 4, 2012 8:36am Jun 4, 2012 8:36am
a scalp at 2487 baby one
those who can, do. those who cant, talk about those who can
  • #94,036
  • Jun 4, 2012 8:59am Jun 4, 2012 8:59am
Quoting stewrigh
Just got this in my email.

Ever thought what would happen to Euro if the EZ muppets issued Euro bonds backed by gold.

Looks like they are already thinking about it.

http://kingworldnews.com/kingworldne...ked_Bonds.html
Thanks for the link.

Not really sure about the technical arguments. With just the abstract from an interview it sounds closer to a random forecast more than a valid scenario.

European gold bonds sounds nice in theory but technically I don't see how it can work. Going back to a gold standard in the euro bonds but not in monetary policy via the ECB is wrong and technically impossible. Despite that, who is going to put/guarantee the gold in reserves for the bonds??? ...we end up back to the same problem Germany, France, etc guarantee everyone else so what's the point for Germany on introducing gold bonds?.

I need more info to make my own opinion on that front... I'll post the links if I find something else ...

sisse

PS: @ KILL ...ES loading time for longs... now or never (at these levels I mean).
Pending conversations? PM for a chat...I am mainly in OTM now
  • #94,037
  • Jun 4, 2012 9:08am Jun 4, 2012 9:08am
Quoting sisse
Thanks for the link.

Not really sure about the technical arguments. With just the abstract from an interview it sounds closer to a random forecast more than a valid scenario.

European gold bonds sounds nice in theory but technically I don't see how it can work. Going back to a gold standard in the euro bonds but not in monetary policy via the ECB is wrong and technically impossible. Despite that, who is going to put/guarantee the gold in reserves for the bonds??? ...we end up back to the same problem Germany, France, etc guarantee everyone else...
if i was a owner of gold. i would love the rumors. if i was a bank with gold, i would put out rumors. India has put the breaks on its people buying gold. it was interfering with its growth. what happens when china does it. since its growth has slacked.
those who can, do. those who cant, talk about those who can
  • #94,038
  • Jun 4, 2012 9:14am Jun 4, 2012 9:14am
Quoting sisse
Thanks for the link.

Not really sure about the technical arguments. With just the abstract from an interview it sounds closer to a random forecast more than a valid scenario.

European gold bonds sounds nice in theory but technically I don't see how it can work. Going back to a gold standard in the euro bonds but not in monetary policy via the ECB is wrong and technically impossible. Despite that, who is going to put/guarantee the gold in reserves for the bonds??? ...we end up back to the same problem Germany, France, etc guarantee everyone else...
in lets see if we close above 1276
  • #94,039
  • Jun 4, 2012 9:17am Jun 4, 2012 9:17am
boom, nicely done NY.... euro targets hit.....
  • #94,040
  • Jun 4, 2012 9:17am Jun 4, 2012 9:17am
new s 2506.. other closed
those who can, do. those who cant, talk about those who can
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