Well that makes a lot of sense Carlos.
This is a pretty strange yo-yo market with no real directional commitment, probably because most of the big players are sitting pat at the moment, be it by choice or because of lack of available funds.
No wonder this is the choppiest environment we've seen in 50 years:
http://www.trade2win.com/boards/gen...0-trading-choppiest-environment-50-years.html
You have a good day too mate
Good LUCK
:help: late next week it will look like a nice trade (coulda woulda shoulda = a nice test of the last 1/4 "s / months bar at around the 50% zone on all indexs, a fly past under the low, a same day return trip to save on fuel nline2loarty: "wot shall we bubbbbbble up next lads ?":drunk::cheers:
I think
700 billion bailout .............. thats not much is it ?
US have already pumped in ............ a trillion or two already
A few more 700 billion should do it, hang on a minute....errrrr is it a good idea to tell someone what your prepared to pay for ...errrrrrrrrrrr anything !
Sure that will turn out to be the price + a touch more, well you have got to try for a little more, don"t want to leave anything on the table
Market the focus of attention with ......everybody....every 2 minutes on the news and not the dead donkey yet.............. its the End of the World =
must be close to a bottom
No bailout plunge the other night, a quick mark down 300 for 3 minutes, induce a bit of FEAR :help: = an early wash bar
Give us the money or else there could be trouble, smacks at a protection racket, my lad used to paddy just like that if he did"nt get his sweets
that will set up the real wash bar today (jobs / payrolls/ known bad number) Into the weekend, so only for the brave and will keep most out
Miners oil banks very oversold (UK) Banks already had a little pop to test the air at the higher altitude
Miners H&S pattern pretty much at target on the longer tf ( well past and some) = anymore sellers ? no ok then well off into a range for the next 5 years till we can engineer another boom
= Bounce = draw in daft money = large down 1/4 to lock em in then a range for .........
Ever.......... just like Japan
Fat Cats win again = :drunk::cheers:
then we start all over again
07:18 am ......... 10 p per pt down with fins on ftse mar08
woke up with that load of Sh..t in my head at five in the F..ckin morning, may as well start trading the pairs I think,
what did markus say about the 3 Ducks
right back to
latter
Andy
sounds like a lot of fun
Yesterday, I read something quite interesting
READ that ... sounds stupid, BUT is it??? I got this in an email, I think it's a great idea.... I ' m against the $85,000,000,000.00 bailout of AIG. Instead, I ' m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let ' s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..; So divide 200 million adults 18+ into $85 billion that equals $425,000.00. My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend. Of course, it would NOT be tax free. So let ' s assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam. But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00. What would you do with $297,500.00 to $595,000.00 in your family? Pay off your mortgage - housing crisis solved. Repay college loans - what a great boost to new grads Put away money for college - it ' ll be there Save in a bank - create money to loan to entrepreneurs. Buy a new car - create jobs Invest in the market - capital drives growth Pay for your parent ' s medical insurance - health care improves Enable Deadbeat Dads to come clean - or else Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces. If we ' re going to re-distribute wealth let ' s really do it...instead of trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is being proposed by one of our candidates for President. If we ' re going to do an $85 billion bailout, let ' s bail out every adult U S Citizen 18+! As for AIG - liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up. Here ' s my rationale. We deserve it and AIG doesn ' t. Sure it ' s a crazy idea that can 'never work.' But can you imagine the Coast-To-Coast Block Party! How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC . And remember, The Family plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam. Ahhh...I feel so much better getting that off my chest. This would eliminate the need for the additional $700 BILLION, or we could just use the same philosophy for that and make all of us instane millionaires!
