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The Really Useless Thread

  • #143,561
  • Sep 28, 2016 4:05am Sep 28, 2016 4:05am
Quoting The Fool
do any of you use any kinds of "sentiment" index type tools? (equity related) ...do you get any use out of them? Do you know of any (that are free) that present real-time sentiment estimations based on social media and/or financail press data mining? http://money.cnn.com/data/fear-and-greed/ http://www.market-harmonics.com/free...ntiment/nu.htm https://ycharts.com/indicators/inves...timent_bullish
Hehe about a year ago I used them as a contrarian indicator. Worked pretty well actually, but I used it only for a while because it's more "magic" than anything solid and founded that I can ever begin to understand.
  • #143,562
  • Sep 28, 2016 4:11am Sep 28, 2016 4:11am
Game changer from Europe .... updates in a few...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,563
  • Sep 28, 2016 4:28am Sep 28, 2016 4:28am
Quoting sisse
Game changer from Europe .... updates in a few... sisse
buy tbtf DB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #143,564
  • Sep 28, 2016 4:37am Sep 28, 2016 4:37am
I think ecb is making changes in the monetary policy ... Which was never taken before ... I guess waiting for sisse
Re-Incarnated
  • #143,565
  • Sep 28, 2016 4:37am Sep 28, 2016 4:37am
Cracks in the European banking system ...this one (DB) was long overdue and its one of the 'too big too fail ones'.... denials, rumours and noise ...and we know what happen when that happens with banks ...

--> Very Important updates in the Euro for precautionary reasons until further confirmations and data next week:

Changing short term outlook in Euro from Neutral to SELL....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,566
  • Sep 28, 2016 4:40am Sep 28, 2016 4:40am
Quoting hoom
{quote} I have the original copy with all content and images !
hi send you an pm as you didn’t get back i try it this way in case you don’t read your pm or it didn’t get through
Hi there
i m following the useless thread since a while. in which you posted that you have the whole info regarding the gourmettrader would it be possible for you to share it with me? i would really appreciate it to get that kind of educational material.
regards mayafx
  • #143,567
  • Sep 28, 2016 5:26am Sep 28, 2016 5:26am
...that was it for a rather very active session. European equities coughing at the highs and in severe danger of losing foot after the DB collapse rumours. Second important update of the day:

-> Changing short term outlook in European Equities from Neutral to Soft Sell.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,568
  • Sep 28, 2016 5:31am Sep 28, 2016 5:31am
For those new in this business, a quick reminder from a 'fiction' story a few year ago ...

*** Disclaimer: "This is a work of fiction. Names, characters, businesses, places, events and incidents are either the products of the authors imagination or used in a fictitious manner. Any resemblance to actual events is purely coincidental " ... Je je je

sisse's Chart of the day:

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-09-28 at 11.19.26.png Size: 343 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,569
  • Sep 28, 2016 6:58am Sep 28, 2016 6:58am
Quoting sisse
Cracks in the European banking system ...this one (DB) was long overdue and its one of the 'too big too fail ones'.... denials, rumours and noise ...and we know what happen when that happens with banks ... --> Very Important updates in the Euro for precautionary reasons until further confirmations and data next week: Changing short term outlook in Euro from Neutral to SELL.... sisse
Sisse,

Would you please give me your opinion on the most possible outcome, if DB really goes down (announces some sort of bankrupcy, considering it probably will not ofically go totaly broke).

What I am asking specifically are the implications of DB "bankrupcy" on fate of other European banks, especially EU banks. Is it possible in your opinion, that there will be a domino effect, with other EU banks, leading for example to something similar like the Cyprus money confiscation or maybe some other threat, that you see in the near future.

Regards
Mike
  • #143,570
  • Sep 28, 2016 7:52am Sep 28, 2016 7:52am
DB and German Finance department denies the rumors. Now it start to be interesting . Not even dreaming about they telling the truth.
Trading in the shadow of SM
  • #143,571
  • Sep 28, 2016 8:00am Sep 28, 2016 8:00am
Quoting Earleone
DB and German Finance department denies the rumors. Now it start to be interesting . Not even dreaming about they telling the truth.
yeah tought the same... saw it on financial times... tried to link it but now its payable content (wtf?)
  • #143,572
  • Sep 28, 2016 8:05am Sep 28, 2016 8:05am
Eyes on the open, watch-out for off-camera comments from Draghi on DB for the European close...any hints (not expected at least so openly from ECB) of risk and all markets will turn up side down very heavily and fast...

Quoting Michael O.
{quote}... implications of DB "bankrupcy" on fate of other European banks, especially EU bank...there will be a domino effect, with other EU banks, leading f
It wont go tits up ...its in the category of 'too big too fail'. In a nutshell Mike: Italy.

Basically, a bailout will have devastating effects in CONFIDENCE in the already weak banking sector in Europe. Add to Brexit jitters from London and Italian banks on the brink. More than a domino of solvency it will trigger a domino of confidence, and you know what happens when markets lose confidence in banks ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,573
  • Sep 28, 2016 8:17am Sep 28, 2016 8:17am
EU cant catch a break
  • #143,574
  • Sep 28, 2016 8:18am Sep 28, 2016 8:18am
Quoting sisse
Eyes on the open, watch-out for off-camera comments from Draghi on DB for the European close...any hints (not expected at least so openly from ECB) of risk and all markets will turn up side down very heavily and fast... {quote} It wont go tits up ...its in the category of 'too big too fail'. In a nutshell Mike: Italy. Basically, a bailout will have devastating effects in CONFIDENCE in the already weak banking sector in Europe. Add to Brexit jitters from London and Italian banks on the brink. More than a domino of solvency it will trigger a domino...
Even though banking system is having a meltdown over the last years in europe and also gloablly , concepts like "too big to fail" keep saving the situation over and over

with the money of people who pay taxes to end up paying the debt of those who screw up in the top of the food chain .

So , is it really concerning this time that we know the outcome of such situation so we can avoid it , history repeating itself , thus market minimizing the effect of such

event !
Get Rich or Die Tryin
  • #143,575
  • Sep 28, 2016 8:18am Sep 28, 2016 8:18am
Quoting Earleone
DB and German Finance department denies the rumors. Now it start to be interesting . Not even dreaming about they telling the truth.
Maybe they want to buy time with the news, waiting for Yellen and Kuroda to play out. Friday should be interesting this time.
PVSRA
  • #143,576
  • Sep 28, 2016 8:19am Sep 28, 2016 8:19am
whether some one says good, bad, ugly or the worst .... i pray please take it out from this zone .... and get back us to the trading zone ....
Re-Incarnated
  • #143,577
  • Sep 28, 2016 8:27am Sep 28, 2016 8:27am
Quoting Pharm0r
EU cant catch a break
All indicators were flashing red since last year , from Grexit to Brexit to Italian banks..., Deutsche bank was always on radar so not really a surprise .
Get Rich or Die Tryin
  • #143,578
  • Sep 28, 2016 8:32am Sep 28, 2016 8:32am
Quoting hoom
{quote} All indicators were flashing red since last year , from Grexit to Brexit to Italian banks..., Deutsche bank was always on radar so not really a surprise .
Glad you saw it coming, too bad you didn't warn the Germans. Maybe next time you wont be so selfish
  • #143,579
  • Sep 28, 2016 8:37am Sep 28, 2016 8:37am
Quoting sisse
Eyes on the open, watch-out for off-camera comments from Draghi on DB for the European close...any hints (not expected at least so openly from ECB) of risk and all markets will turn up side down very heavily and fast... {quote} It wont go tits up ...its in the category of 'too big too fail'. In a nutshell Mike: Italy. Basically, a bailout will have devastating effects in CONFIDENCE in the already weak banking sector in Europe. Add to Brexit jitters from London and Italian banks on the brink. More than a domino of solvency it will trigger a domino...
Thanks Sisse,

The way i understand markets losing confidence in banks is moving deposits to other banks, in consequence to other countries, which causes sell out of the currency of the country, whose bank lost the confidence of markets. Which in turn should lead to recession of the country/region, which leads to more then possible, a very dramatic recession in Germany (the largest EU economy) and Italy as countries and Europe as a region.

Correct me please if my thinking is not right.

Regards
Mike
  • #143,580
  • Sep 28, 2016 8:38am Sep 28, 2016 8:38am
Quoting Pharm0r
{quote} Glad you saw it coming, too bad you didn't warn the Germans. Maybe next time you wont be so selfish
I didn't see nothing , just a bunch a headline here and there on twitter months ago and with recent fine from the US , all ingredients were there to start cooking !

I know you been sarcastic so I would say that I would rather warn you to sell DB shares rather than warn those greedy capitalists
Get Rich or Die Tryin
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