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  • #27,681
  • Jun 5, 2012 3:15am Jun 5, 2012 3:15am
Quoting chonchy
.........1.21, here we come.......
It does look on... if price can punch through and stay below the WP.
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  • #27,682
  • Jun 5, 2012 3:28am Jun 5, 2012 3:28am
Quoting 45Condor
It does look on... if price can punch through and stay below the WP.
.......at least a retest of the lows......will be nice......
The Chonchy
  • #27,683
  • Jun 5, 2012 3:30am Jun 5, 2012 3:30am
Quoting 45Condor
It does look on... if price can punch through and stay below the WP.

that weekly pivot seems like a tuff cookie..........
The Chonchy
  • #27,684
  • Jun 5, 2012 3:50am Jun 5, 2012 3:50am
.........If we get to 1.21XX today is a good deal for me...........

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The Chonchy
  • #27,685
  • Jun 5, 2012 4:44am Jun 5, 2012 4:44am
Not sure if you are still online Chonchy, but EU contained along the WP, and German factory orders out in 15min.

Hmm, this may be interesting.
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  • #27,686
  • Jun 5, 2012 5:29am Jun 5, 2012 5:29am
Quoting 45Condor
Hmm, this may be interesting.
Or not... I guess the G7 meet and US open is more on the minds of money. EU flatlining whilst Cable rallies and EG tumbles.

Right, lunch.
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  • #27,687
  • Edited 6:35am Jun 5, 2012 6:01am | Edited 6:35am
Hmm, whilst eating my steak, my mind wandered – as it is prone to do these days – to the reality behind the release today of the European retail sales.


As opposed to the ‘expected’ -0.1%, the fall in LALALand retail sales was down -1.0%. Ten times the ‘expected’… it is always broadcast as expected, should anyone care to note, but it is always worse, and then proclaimed as a ‘surprise’ figure… yeah, right. Okay, so -1.0% may not look like much, but if this becomes repetitive, it should not be lost on any student that such decline will represent a larger and larger percentage of the dwindling retail sector reserves.


Taken on a year-on-year basis, this latest figure puts the fall at-2.5%, and not the -1.0% predicted. This is not a figure generally released, and who cares, right? Well, I think we all should, as a ten times expected drop, in the current climate, in one month, is something that if repeated for the next few months and plotted on a graph, will start to resemble an exponential curve.


I think we can all kiss goodbye to the ‘growth’ projections spouted by the liars and cheats in power in relation to 2013 and onwards. Annualised declines are 2.5 times that promoted to the public, and acceleration of this decline is ten times that predicted.


Hey, you never know, this time next year, and if I can still pay the bills for access to the internet, it will be Spam that I am frying, and not Prime Beef.

Ah, bollocks…
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  • #27,688
  • Jun 5, 2012 6:46am Jun 5, 2012 6:46am
My shorts reached tp also gor a euraud running.
My long in yuro triggered not happy with it around here will wait and see a bit.


Maybe the name to day is if you buy by the hope you die by the hope
  • #27,689
  • Jun 5, 2012 6:47am Jun 5, 2012 6:47am
Quoting roro53
this is for ingmar. i think the style is down your alley my friend. thx for the Thomson Reuters, man.....now all i have to do is learn to read

http://www.dailyhotchick.com/sites/d...icture_252.png
I like
  • #27,690
  • Jun 5, 2012 6:48am Jun 5, 2012 6:48am
Quoting 45Condor
It does look on... if price can punch through and stay below the WP.
Like your charts 45
  • #27,691
  • Jun 5, 2012 6:55am Jun 5, 2012 6:55am
Quoting ingmarforex
Like your charts 45
Thanks, and as I often cite, I may not know what the hell it is that I doing, but dear me, I will be damned if I do not appear aesthetically pleasing in my demise.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #27,692
  • Jun 5, 2012 7:01am Jun 5, 2012 7:01am
Lot of cad nrs and ism coming up piking up al little bit of crude here.
  • #27,693
  • Jun 5, 2012 7:07am Jun 5, 2012 7:07am
my yuro bit underwater could see 60ish from there maybe down again i am going flat on yuro lows most hold or i cut this long or i get out wit some little.

Still got euraud running leaving it open and crude long wanna see atleast 84.50 ish on this 1 if i get it offcourse
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  • #27,694
  • Jun 5, 2012 7:09am Jun 5, 2012 7:09am
spot on comment on retail........retail is a tough business and shrinking retail means pressure on rents and designers and manufacturers and wholesalers and property prices and other knock on effects....wait to buy because it will be less expensive soon

slept through last night........what happened to crash the Euro? FTSE down a 100....,



Quoting 45Condor
Hmm, whilst eating my steak, my mind wandered – as it is prone to do these days – to the reality behind the release today of the European retail sales.


As opposed to the ‘expected’ -0.1%, the fall in LALALand retail sales was down -1.0%. Ten times the ‘expected’… it is always broadcast as expected, should anyone care to note, but it is always worse, and then proclaimed as a ‘surprise’ figure… yeah, right. Okay, so -1.0% may not look like much, but if this becomes repetitive, it should not be lost on any student that such decline will represent...
  • #27,695
  • Jun 5, 2012 7:14am Jun 5, 2012 7:14am
glad you like.....come around more often

Quoting Ill-b-back
OMG
  • #27,696
  • Jun 5, 2012 7:17am Jun 5, 2012 7:17am
...it's getting ugly out there. Or should I say, uglier?

P.S. The steak was for lunch... ahem.

Quoting roro53
spot on comment on retail........retail is a tough business and shrinking retail means pressure on rents and designers and manufacturers and wholesalers and property prices and other knock on effects....wait to buy because it will be less expensive soon

slept through last night........what happened to crash the Euro? FTSE down a 100....,
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #27,697
  • Jun 5, 2012 7:20am Jun 5, 2012 7:20am
Quoting roro53
glad you like.....come around more often
Thanks very much for the invitation.
When my wife is not looking I may even "contribute".
Hard to compete with that last one though...
OMG.
Come with me if you want to live....
  • #27,698
  • Jun 5, 2012 7:22am Jun 5, 2012 7:22am
...there is quite a lot of 'art' in this thread.

Quoting Ill-b-back
Thanks very much for the invitation.
When my wife is not looking I may even "contribute".
Hard to compete with that last one though...
OMG.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #27,699
  • Jun 5, 2012 7:23am Jun 5, 2012 7:23am
nice call danc

too much uncertainty over ec fundamentals and banks to get a sustained sell off of USD without a very coordinated and well thought out plan delivered by policy makers

i think this round has to be much more comprehensive........imo

Quoting danc
short euro as per above.. +20..+13
  • #27,700
  • Jun 5, 2012 7:28am Jun 5, 2012 7:28am
in the same boat as you....have to pick my spots and ingmar likes to get on my ass about it too

Quoting Ill-b-back
Thanks very much for the invitation.
When my wife is not looking I may even "contribute".
Hard to compete with that last one though...
OMG.
four five.......this qualifies as art, right?

http://www.dailyhotchick.com/sites/d..._4380429_n.jpg
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