Attachments: The Swamp

The Swamp

#5,361
May 19, 2016 5:13am May 19, 2016 5:13am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

Quoting goosebone

Disliked

{quote} Light bulb just went on. I appreciate that chart more than you know.

Ignored

if the trend is down. than 109.55 may act as a pp.. the chain has a countable amount of links. the dog can run till he is out of chain. after 110.15 it may show its balls and reach for 109.47.

those who can, do. those who cant, talk about those who can

#5,362
May 19, 2016 5:13am May 19, 2016 5:13am

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting gatorinla

Disliked

s&p and dow futures on the edge again. oil still lower on the strong usd, brent may find support 47.35 ish(guess).. i missed 56.22 so far {image}

Ignored

Playing with fire imo

#5,363
May 19, 2016 5:22am May 19, 2016 5:22am

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting gatorinla

Disliked

{quote} if the trend is down. than 109.55 may act as a pp.. the chain has a countable amount of links. the dog can run till he is out of chain. after 110.15 it may show its balls and reach for 109.47.

Ignored

If or when equities drop then attraction falls into yen? causing the UJ drop? and any other JPY crosses? or USD weakness?

#5,364
May 19, 2016 5:32am May 19, 2016 5:32am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

Quoting Don96

Disliked

{quote} Playing with fire imo

Ignored

noted.. but i am blind an opinion from anyone w/o an explanation. goldman and other banks place opinions all the time, i shit all over. it wasn't long ago the experts were singing irish show tunes over apple..i like to piss in the pool..ask any china, yen or gold bug..

those who can, do. those who cant, talk about those who can

#5,365
May 19, 2016 5:33am May 19, 2016 5:33am

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting gatorinla

Disliked

{quote} noted.. but i am blind an opinion from anyone w/o an explanation. goldman and other banks place options all the time i shit all over. it wasn't long ago the experts were singing irish show tunes over apple..i like to piss in the pool..ask any china, yen or gold bug..

Ignored

sorry buddy, I didn't mean you were playing with fire, I mean SP is atm on the edge of drop

#5,366
May 19, 2016 5:49am May 19, 2016 5:49am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

Quoting Don96

Disliked

{quote} If or when equities drop then attraction falls into yen? causing the UJ drop? and any other JPY crosses? or USD weakness?

Ignored

if the world is going in the shitter. as a general rule. yen is equities opposite, meaning yen up.. (xxx/jpy down) if the world goes to the shitter.. commodities should drop.. aj is a good short when everything goes to hell.. cad/jpy nzd/jpy.. we dont know if world is in the shitter yet.. i have copper going back to 1.82.. that's shitter positive usually,,, but maybe not this time, oil commodities may drop because usd is stronger. or maybe a combination of the 2.. shitter, + a strong usd, could be a yen on steroids.

if u listened to the fed the last 18 months... shitter has to be on ones mind.. not u.s. wise, more worldwide is in the shitter. they dont come out and say it bluntly, they say it in their actions,,
how has the yen acted??
revert back to general rule

those who can, do. those who cant, talk about those who can

#5,367
May 19, 2016 6:00am May 19, 2016 6:00am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

Quoting Don96

Disliked

{quote} sorry buddy, I didn't mean you were playing with fire, I mean SP is atm on the edge of drop

Ignored

time will tell,, on the same page..

those who can, do. those who cant, talk about those who can

#5,368
May 19, 2016 6:03am May 19, 2016 6:03am

Don96
Joined Dec 2015 | Status: Trader | 7,803 Posts

Quoting gatorinla

Disliked

{quote} if the world is going in the shitter. as a general rule. yen is equities opposite, meaning yen up.. (xxx/jpy down) if the world goes to the shitter.. commodities should drop.. aj is a good short when everything goes to hell.. cad/jpy nzd/jpy.. we dont know if world is in the shitter yet.. i have copper going back to 1.82.. that's shitter positive usually,,, but maybe not this time, oil commodities may drop because usd is stronger. or maybe a combination of the 2.. shitter, + a strong usd, could be a yen on steroids. if u listened to the...

Ignored

well shit if your right, you should get paid for this knowledge by all sorts of people, I expect to see you on Bloomberg

and if you need reference to support it - I'm here

(not that you'll need it but just in case)

#5,369
May 19, 2016 6:07am May 19, 2016 6:07am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

walmart flying on earnings report 66.40 atm.. after the party then drop. it may be a buy after it drops to 56.26/62.0x...

those who can, do. those who cant, talk about those who can

#5,370
May 19, 2016 6:21am May 19, 2016 6:21am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

wal-mart up 10%.. a decent move..

those who can, do. those who cant, talk about those who can

#5,371
May 19, 2016 6:34am May 19, 2016 6:34am

stylinex
Joined Aug 2013 | Status: Trader | 4,057 Posts

Quoting gatorinla

Disliked

{quote} noted.. but i am blind an opinion from anyone w/o an explanation. goldman and other banks place opinions all the time, i shit all over. it wasn't long ago the experts were singing irish show tunes over apple..i like to piss in the pool..ask any china, yen or gold bug..

Ignored

Those experts make money off of people like us trying to guess and analyze our plays based on what they say. If you take a look at what many of these analysts say you will find that many of their calls are quite the opposite. Many of Goldman's calls this year have been so far off it is pathetic.. Whether it be their oil call,YEN call or many others I have seen.

My landlord passed away recently from Cancer. His mother called up my wife yesterday and asked her to come over to talk to her. They sold a business with real estate for roughly 200 Million TWD and and she said of that money she only had about 5 Million NT left of it due to debts her son racked up before he died. He loved trading and until he died she said he sat in the hospital bed with an iPad and smartphone in his hand trading trying win back what he had lost. She believed that he spent so much time behind the screen everyday looking at the screen until he got sick and died from cancer. She said he never slept properly,ate properly,exercised properly or did anything properly. He sat in a room with 4 big monitors trying to predict the next market move. After her son passed away she said she thought some of the worst was over until people started knocking on her door asking for money only to find out that her daughter was also in major debt due to trading debt. Only then did she know that the daughter was also addicted to trading and was drowned in debt. She told my wife that trading was a worse addiction then gambling. Her daughter went into hiding and now she has to sell the house because of people knocking on her door everyday for money. They had monthly rental income of roughly 1 million TWD per month which they all could have lived off of comfortable but they all wanted to make more money and though that they were smart enough to beat the system. She said that the profits all these big hedge fund companies make along with GS and MS is money off of us when their system is setup and computer controlled to squeeze us out of every position we have. She told my wife " What ever you do not let anyone in your family trade or get into trading as it ruined their whole family". She is 70 years old and spent 1 hour crying last night. Now my wife says she does not want to see me looking at any more screens or monitors. The Chinese in Asia believe that the big players have billions of dollars on hand that they could move the market in their direction at will to milk you out of your position to get you to close with a loss.

#5,372
May 19, 2016 6:44am May 19, 2016 6:44am

stulic
Joined May 2011 | Status: grizzly long gone | 2,427 Posts

Quoting stylinex

Disliked

{quote} Those experts make money off of people like us trying to guess and analyze our plays based on what they say. If you take a look at what many of these analysts say you will find that many of their calls are quite the opposite. Many of Goldman's calls this year have been so far off it is pathetic.. Whether it be their oil call,YEN call or many others I have seen. My landlord passed away recently from Cancer. His mother called up my wife yesterday and asked her to come over to talk to her. They sold a business with real estate for roughly 200...

Ignored

Wow that's quite powerful and certainly not a unique story, it happens everywhere all the time and we don't wanna end like that. Noone can beat the market but one can try to follow that big money and instead of going after a piece of their cake, try to collect leftover crumb by crumb.

Don't get mad, get even!

#5,373
May 19, 2016 6:48am May 19, 2016 6:48am

goosebone
Joined Jun 2015 | Status: Quo | 1,587 Posts

Quoting stylinex

Disliked

{quote} Those experts make money off of people like us trying to guess and analyze our plays based on what they say. If you take a look at what many of these analysts say you will find that many of their calls are quite the opposite. Many of Goldman's calls this year have been so far off it is pathetic.. Whether it be their oil call,YEN call or many others I have seen. My landlord passed away recently from Cancer. His mother called up my wife yesterday and asked her to come over to talk to her. They sold a business with real estate for roughly 200...

Ignored

Condolences. Keep perspective on whatever you are doing and how obsessively you are doing it would be the moral of that story no? Lost many friends to alcohol but not everyone is an alcoholic. My 2 cents anyway.

#5,374
May 19, 2016 6:55am May 19, 2016 6:55am