Cesarnc's market talk, gossips, rumours & fun

......Nice.......

C for correction - s1 for support - if it breaks then next comes a TL and line around 2760... area - next week this pair has enough as support and to push it up further - crossing 3070... and 3133.. would again be crucial - if this manages another W close above 1.3.. then a test of 1.33.. area would come into cards - monthly candle is shaping up for a good close also for bullish moves

......from music to racing.....from 0 to 60 in 2.2 seconds.......1200 hp.....

the pair is in deed making higher hights and higher lows, so it is going up......for now, Dow is reaching 13 000, it may go to 13 500 or even 14 000.....lets see next week......black friday was slow the news saids.......christmas sales may be low also, Ben can stop printing for a second and puff......wishfull thinking and short bias may be confused with fear of hights........

But when its monday - its all new price action - not the follow up in any way - so we can expect some correction and even though its making higher highs this pair becomes weak once it crosses 1.3.. - notice that with price action and patterns - but again there it searches for good support to cross those nervous hurdles - just some psychology with that great psychological level - indeed risky Price action for both bulls and bears in coming week i guess

........this guy must be one of those hedge fund mangers form the 2008 derivatives.....

Nice Photographies from your Familly Carlos.

I will send u a PM this weekend to tell you all about my GoPro set.

Regards,
David

this guy sounds like a practical man, if is full of it I don't know but it sounds good in the interview......don't they all......

thanks dswk, thanks a lot......

I know you like yachts.......check this one out.......

...and this thing looks like a cruise liner.......

......It's amainzin, people have so much money in yachts, that is crazy........

.........Impresive.......

EU Considering a Greek Salad to Avoid Haircuts – EUR/USD Already Eating It

The IMF and the Eurogroup clashed over Greece’s long term targets and it seemed inevitable for the IMF to either cave in or leave the Greek program.

But now, the parties are throwing all possible ingredients into a Greek salad: everything except debt structuring and with some wishful thinking sauce on the top. EUR/USD is eating this towards the next Eurogroup meeting on November 26th. Will such an agreement be reached? Here are the 4 ingredients.

After the big haircut for private bondholders (which included banks and pension funds among others), most of Greece’s debt is in the hand of the official sector: the IMF, ECB bond buys and loans to Greece by the European governments, via the EFSF. The IMF sees Greek debt rising to 136% in 2020 under an optimistic scenario, unless significant measures are taken to reduce the debt.

In order to avoid losses, here are four ingredients in the salad:

Greek austerity: Greece has already taken many painful measures. For a change, the country is receiving complements from the EU and the IMF on its progress. The political situation in the debt struck country is very sensitive, and Europe knows it cannot demand much more. However, it would not be totally surprising if the recent round of negotiations would result in more demands.

Lowering interest rates on loans to Greece: This ingredient was always the preferred one by the EU, but everybody knows it will only reduce Greece’s debt very marginally.

ECB Money: A long time ago, Draghi hinted about redistributing profits made on maturing Greek debt (which the ECB bought), could be used by the government for Greece. This would not be monetary funding according to the ECB. Also this sum, on its own, is not enough.

Buyback: The last ingredient is a relatively new one: Greece would buy its bonds still trading in the market, at the discount price they are now traded in. The EU would lend the money, and this would allow Greece to reduce of 75% of this type of outstanding debt, which isn’t too high.

This would prevent euro-zone governments from accepting losses on loans to Greece, while the IMF will continue to lend money as well, accepting that Greece will return to more normal debt-to-GDP levels in the 8-10 years.

So far, weekly Eurogroup / IMF meetings resulted in disagreements and even a public clash. The next one is on Monday, November 26th. Will this be the final one?

Beautifull family you have bro be proud on it .

Finally weekend for me First gonna catch little sleep