Lets see if we get a runner after this dip.
f(z)=z2+c
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
Disliked{quote} We have set the pending low of day in OIL too so yeah now we can complete the move hopefully today. A test of the 1.10xxx handle is naked for today but a roll above 1.093x will be more than enough to kill the leg rather quickly next week... sisseIgnored
DislikedYou me the LEG down sisse? I would see a ROLL to .0930 still closing under the infamous .097X as still part of the MID TERM LEG down. Perhaps, I am misunderstanding. My MAP is to SHORT at .097X and .1086 for the MID TERM LEG down as Markets settle in and the hand brake is on regarding expectations for FED/HIKES with good non-farm numbers again. Of course, Manufacturing is key in all of this as well..Ignored
Disliked....Sounds like this is the wrong take now as this was part of the ZIG-ZAG I interpreted.Ignored
DislikedHaha....... If you've ever used the postal service, what a horrible business......but speaking of service provided to the customer, they are a nightmare. FedEx or UPS much better, case of private companies doing a much better job than government.Ignored
Disliked{quote} (Ben Franklin asked me to tell you): FedEx or UPS won't send a letter to your Grandma for 49c......oh man if you want to see atrocious postal service go to Mexico or probably almost any other country, putting a letter in the box there is almost like throwing it away....God Bless the United States Postal Service!Ignored
Disliked{quote} Very true and thanks for the advice ... However, considering the difference in understanding FA between me and you guys, especially sisse, I couldn't ignore his outlooks and overviewsIgnored
Disliked{quote} I agree. I personally think we crossed the line already. A couple of more solid employment numbers with inflation in line (as its expected) and we are going to set the low of the year (actually a major multi year low) by/before FED March. The rest of the year we'll get stuck in chop zone until US elections is cleared ... We are going to test under 1800.xx one way (risk) or the other (normalisation) the only thing it will change is the pace the current mid term leg will pan out. For today after the superb report we are back to imminent break...Ignored
Disliked{quote} For today news 1928.x, for the current short term swing 1911.xx, for the final target with normalisation +/-1790.xx sisseIgnored
Disliked{quote} For today news 1928.x, for the current short term swing 1911.xx, for the final target with normalisation +/-1790.xx sisseIgnored
DislikedW, on the USO long-dated calls, sure you can buy Jan '17 $15 calls for about 50c (that means, 50c per share or $50 per contract that covers 100 shares.) So a $5k gamble that wti will go up to $45 (very roughly speaking) by Jan 20, 2017 would buy you 100 calls, with which you control 10,000 shares - and your $5k investment would run to $60k if wti did just that, or more of course if it were to go higher..... There are things you can do with options if you also hold the shares that make holding shares a good thing, also - but the main advantage...Ignored
Disliked...and I will take that ...Clearing final short term swing in equites on the test 1917xx. In strictly technically sense there are a couple of points left to 1911.x but given the circumstances 'don't be a dick for a tick rule apply' and its worthless to hold over the weekend. Euro still with crumbs left ... but there is a extra 45 mins left in currencies ... sisseIgnored
DislikedI shudder to think of some of the people that could possibly win that amount of money.Ignored
Disliked....and I will take. Clearing Euro 1st target a dozen ticks away from main target in the news play and leaving the extension over the weekend for the just in case txt 1.108x early next week. A rather bearish weekly close and we are pretty much set to mark the high of the month next week... sisseIgnored