{quote} nice trade bro!!..u really did well considering buying heavier and holding it through
Check the DOW.
Risk on - $ weak
Come with me if you want to live....
- Post #356,761
- Quote
- Dec 27, 2013 5:22am Dec 27, 2013 5:22am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Check the DOW.
Risk on - $ weak
- Post #356,762
- Quote
- Dec 27, 2013 5:25am Dec 27, 2013 5:25am
{quote} Thanks nAV. Check the DOW. Risk on - $ weak
I locked in some profit here, as I am headed to bed.
- Post #356,763
- Quote
- Dec 27, 2013 5:33am Dec 27, 2013 5:33am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} its unbelievable isnt it
All that juicy liquidity that the Fed created, and will continue creating till taper is fully completed, and will leave in the market until their treasuries and MBS mature (whenever that will be), is sitting in reserve cash. The banks that own that cash have been waiting for a ray of sunshine to tell them that it is now okay to put it at risk for some juicy rewards. So they think... "Hmmm what's really cheap right now? Ahh yes, European equities
"On top of that, to add insult to injury, the BOJ is going to keep printing themselves into oblivion until they reach their 2% inflation target. Good luck BOJ, but in the mean time, floods of liquidity will also be looking for cheap things to buy. European equities perhaps?
Now let's put the cherry on the cake. The ECB has to do something to boost economic growth. Chances are it will not be a rate cut, but rather it will be some other LTRO and such LTRO will increase confidence in Eurozone growth thereby further justifying the foreign and domestic purchases of European equities.
Of course this will only last until the house of cards comes tumbling down. However, we don't know when that will be, so not participating in this pigout is a loss of opportunity.
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,764
- Quote
- Dec 27, 2013 5:38am Dec 27, 2013 5:38am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
{quote} Look at it this way Navin. All that juicy liquidity that the Fed created, and will continue creating till taper is fully completed, and will leave in the market until their treasuries and MBS mature (whenever that will be), is sitting in reserve cash. The banks that own that cash have been waiting for a ray of sunshine to tell them that it is now okay to put it at risk for some juicy rewards. So they think... "Hmmm what's really cheap right now? Ahh yes, European equities
are u saying cable isnt coming down?
damn i wish i could understand how u see what u see..cable is providing me with a nightmare
- Post #356,765
- Quote
- Dec 27, 2013 5:41am Dec 27, 2013 5:41am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} are u saying cable isnt coming down?
No no no. Cable will come down to somewhere between 1.6080 and 1.6250, and then it will likely shoot for between 1.67 and 1.72
After that, we're heading back down to 1.38xx or maybe even lower. Heck maybe even parity. However, who wants to wait for that? Just follow the big money. When the retail crowd capitulates and starts buying cable, then we sell
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,766
- Quote
- Dec 27, 2013 5:45am Dec 27, 2013 5:45am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
{quote} No no no. Cable will come down to somewhere between 1.6080 and 1.6250, and then it will likely shoot for between 1.67 and 1.72 After that, we're heading back down to 1.38xx or maybe even lower. Heck maybe even parity. However, who wants to wait for that? Just follow the big money. When the retail crowd capitulates and starts buying cable, then we sell
damnit
- Post #356,767
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- Dec 27, 2013 5:49am Dec 27, 2013 5:49am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} im in trouble here..down 5k already and mofo is simply one way damnit
Regardless, I think the bleeding will stop soon (in the short term), but then it's going for the retail jugular once price drops into major demand in the previously indicated zones.
Also remember that between today and Tuesday is quarterly options expiration so you have to expect major flows. On top of that volume is thin so moves are exaggerated
http://www.marketwatch.com/optionscenter/calendar
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,768
- Quote
- Dec 27, 2013 5:51am Dec 27, 2013 5:51am
im in trouble here..down 5k already and mofo is simply one way damnit
we're getting screwed, both ways
How to Win at Sports Betting: DON'T DO IT!
- Post #356,769
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- Dec 27, 2013 5:56am Dec 27, 2013 5:56am
- | Joined Apr 2013 | Status: SemiPro Trader with good MM | 893 Posts
- Post #356,770
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- Dec 27, 2013 6:01am Dec 27, 2013 6:01am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,771
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- Dec 27, 2013 6:02am Dec 27, 2013 6:02am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
{quote} Blame Santa Claus for that. Regardless, I think the bleeding will stop soon (in the short term), but then it's going for the retail jugular once price drops into major demand in the previously indicated zones. Also remember that between today and Tuesday is quarterly options expiration so you have to expect major flows. On top of that volume is thin so moves are exaggerated http://www.marketwatch.com/optionscenter/calendar
- Post #356,772
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- Dec 27, 2013 6:34am Dec 27, 2013 6:34am
- | Joined May 2008 | Status: Member | 59 Posts
- Post #356,773
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- Dec 27, 2013 6:48am Dec 27, 2013 6:48am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} thanks buddy..not panicking yet as i suppose i kinda half expected it..but was rather hoping this mofo would have it easier..i should have known that is asking too damn much
Glad I am still long both pairs
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,775
- Quote
- Dec 27, 2013 6:52am Dec 27, 2013 6:52am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Please somebody stop the fcking monster pair ...slum dunk dollar ...most fcking people said ...oh yeah this time to buy fcking dollar ....fck....hem ass soles ......fck the dollar lol
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,776
- Quote
- Dec 27, 2013 6:53am Dec 27, 2013 6:53am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
{quote} Holy batshit... Look at the Euro and Cable fly. Glad I am still long both pairs
. May be it's time to drive it back to 1.59 ?
Don't be smart. Be rich.
- Post #356,777
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- Dec 27, 2013 6:56am Dec 27, 2013 6:56am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- Post #356,778
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- Dec 27, 2013 7:00am Dec 27, 2013 7:00am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Well done
On another note, after such a massive short squeeze, FF retail crowd still massively short. Obvious high tolerance for pain.
Those who say it cannot be done should not interrupt those who are doing it
- Post #356,779
- Quote
- Dec 27, 2013 7:00am Dec 27, 2013 7:00am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} {image}
Came too late for me.
With the wifes $200 pampering package and the kids new play kitchen, I really could have done with this money BEFORE xmas
Anyhow, bedtime here, night all
Come with me if you want to live....
- Post #356,780
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- Dec 27, 2013 7:02am Dec 27, 2013 7:02am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} lol... Came too late for me. With the wifes $200 pampering package and the kids new play kitchen, I really could have done with this money BEFORE xmas
Those who say it cannot be done should not interrupt those who are doing it