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  • #969,621
  • Mar 16, 2015 11:13am Mar 16, 2015 11:13am
I've been waiting to hear Draghi speak all day, anyone else feel like it's never gonna get here.
  • #969,622
  • Mar 16, 2015 11:17am Mar 16, 2015 11:17am
Quoting gabe32
I've been waiting to hear Draghi speak all day, anyone else feel like it's never gonna get here.
talking about draghi. anyone has a clue if its possible to watch it onlline? line?
  • #969,623
  • Mar 16, 2015 11:19am Mar 16, 2015 11:19am
Quoting deltaone
{quote} bmws largest plant is not spartanburg, thats still dingolfing atm. 2014 production: dingolfing 343.000 units, spartanburg 297.000 spartanburg might be the biggest plant in the future because of the suvs produced there for the us demand, thats also a physical hedge of currency risk. other reasons: its nice for a multi to have r&d in a high tax, high wage country (germany) and production somewhere else (working unions are weak in the us, wages and taxes lower, energy costs also).
i stand corrected if cnn report is wrong. maybe your not using the same ruler. u posted a unit comparison. i posted plant size. (not certain the sc is finished expansion and online atm )
wages at all the plants are tiny as in about 8/12%+- of cost of a car compared to +50% for energy. take away the u.s. less energy premium and its like free labor cost wise.
those who can, do. those who cant, talk about those who can
  • #969,624
  • Mar 16, 2015 11:20am Mar 16, 2015 11:20am
Quoting navk
{quote} sent to you.
Thanks- I got it. Will play with it tonight
  • #969,625
  • Mar 16, 2015 11:28am Mar 16, 2015 11:28am
Quoting maldegnegi
{quote} Well I must say, there are a few incorrect assumptions and short-sighted expectations in that equation; I am not trying to be mean but your statement has several flaws: - Cost of any production has a number of variables including energy and labour. The weight of the variable changes acc. to the product type some require less labour some more. - OK say we see a 50% drop in oil prices, does that necessarily mean that production line will shift to back old town, what about the location challenges, what about the investment that has been made...
your kinda late for the party. these simple assumptions were made and posted here some years back..its pretty much happened this far as laid out. excluding the wars.. we still got time for more unrest and Arab/Asian springs. this far flaws are working well. not academic wise.. just is reality. reality is what counts, right?
those who can, do. those who cant, talk about those who can
  • #969,626
  • Mar 16, 2015 11:30am Mar 16, 2015 11:30am
Quoting gatorinla
{quote} i stand corrected if cnn report is wrong. maybe your not using the same ruler. u posted a unit comparison. i posted plant size. wages at all the plants are tiny as in about 8/12%+- of cost of a car compared to +50% for energy. take away the u.s. less energy premium and its like free labor cost wise.
cnn is not a good source for news related to dax companies. to me, itīs not relevant how big a plant is but how much units are produced there (economy of scale). do you have a source for your 50%-rule?
fortis fortuna adiuvat
  • #969,627
  • Mar 16, 2015 11:33am Mar 16, 2015 11:33am
Quoting gatorinla
in less then 4h he speaks .. if he has been trying to bring down the euro. with deflation looming, i wonder what he will talk about.. could it go like this " deflation is apparent in many housing markets. so we decided to stop easing, so we can bring down the ecb banking system." or continue the sos... my guess is..sos {image}
12m
those who can, do. those who cant, talk about those who can
  • #969,628
  • Mar 16, 2015 11:36am Mar 16, 2015 11:36am
any link for the live stream ?
  • #969,629
  • Mar 16, 2015 11:36am Mar 16, 2015 11:36am
Can't find a webcast for Draghi's press conference on ECB...anybody has an alternative link?
Why sell the bottoms when you can buy the tops...
  • #969,630
  • Mar 16, 2015 11:39am Mar 16, 2015 11:39am
Decent shot this doesn't even move the euro and it's a non event?? I wonder.... either way, I plan for a nice down move to come, whether it goes up from here or not, we will be lower once the momentum fades... as per H4 bearish volume.
  • #969,631
  • Mar 16, 2015 11:39am Mar 16, 2015 11:39am
Pending sell sitting on 632. Small market short here, target 25 pips.
  • #969,632
  • Mar 16, 2015 11:40am Mar 16, 2015 11:40am
5 minutes, waiting for the breaking from Draghi
It's life let's live and enjoy
  • #969,633
  • Mar 16, 2015 11:42am Mar 16, 2015 11:42am
Quoting JustAndy
Can't find a webcast for Draghi's press conference on ECB...anybody has an alternative link?
itīs not a ecb press conference.

Due to speak at the SZ Finance Day 2015 "The Future of the Finance Industry - Between Growth and Regulation" summit, in Frankfurt;

http://www.sv-veranstaltungen.de/sit....piy0UVPS.dpbs
fortis fortuna adiuvat
  • #969,634
  • Mar 16, 2015 11:43am Mar 16, 2015 11:43am
Let's see what this cheese eating rat has to say.....
  • #969,635
  • Mar 16, 2015 11:44am Mar 16, 2015 11:44am
Quoting deltaone
{quote} cnn is not a good source for news related to dax companies. to me, its not relevant how big a plant is but how much units are produced there (economy of scale). do you have a source for your 50%-rule?
shoot the messenger?
bmw bragging on plant size seemed important to me.
the source is me. i was in the steel and alumina industry where 50% can be conservative for energy.. as energy drops labor, inches higher.
those who can, do. those who cant, talk about those who can
  • #969,636
  • Mar 16, 2015 11:44am Mar 16, 2015 11:44am
Quoting deltaone
{quote} its not a ecb press conference. Due to speak at the SZ Finance Day 2015 "The Future of the Finance Industry - Between Growth and Regulation" summit, in Frankfurt; http://www.sv-veranstaltungen.de/sit....piy0UVPS.dpbs
Feels like it'll be a non-event ... but the mkt is so panicky and nuts lately ya never know..
  • #969,637
  • Mar 16, 2015 11:45am Mar 16, 2015 11:45am
nothing?
  • #969,638
  • Mar 16, 2015 11:46am Mar 16, 2015 11:46am
I am shorting GBP/USD 1.4811 ... PENDING ON 1.4850 activated too ... then i have next 2 pendings for short 1.5025 and 1.5135 ... again feel free to critism i am accepting all opinion and help speech
"I'm not answering stupid questions."
  • #969,639
  • Mar 16, 2015 11:48am Mar 16, 2015 11:48am
Nothing? What did he say?
It's life let's live and enjoy
  • #969,640
  • Mar 16, 2015 11:49am Mar 16, 2015 11:49am
Any live updates on Draghi??
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