Suddenly 188.60 long isnt so bad. Hope to get to 189.00
Had to get a blood transfusion today; as I ran out of RED ink for my books and slashed my wrists:)
Didnāt I say that fundamentals were hormonal? That they would make you ecstatic or miserable? Well, today was a PMS one! So, to me, they are āfundamonalsā or " hordamentals" cuz,I never know what to expect.
āTanAā is a thing of beauty- But NOoooo, the Lemon Brothers and Merrill- Lynch defiled her ( maybe, they should lynch Merrill).
Daily-trend down, 10 ema as resistance (190.69) Stochastics shows up (long term). If 186 holds- then that is 3 tries to get below and my feel is G/Y will retrace up. (I got shorts below 186 and shall buy a ranch in Antartica if/when that happens- just becuz of the fundamonals).G/Y makes me think of the guy who said to his wife: āTell me something that will make me happy and sad at the same time.ā She says: " You have the biggest penis of all your friends." To me, that is G/Y wrt hordamentals.
Looked at one of my weekly charts.Stoch down and MACD down-again 186 to me is a key level-so going to wait to see if this support is broken.
Citibank was one of those banks rumored to be on the brink about a month ago. They have been very quiet during the recent frucas. The main reason for this credit crisis was that the āfinancial engineersā (read financial terrorists) decided it would be a good idea to strip credit risk from market risk. So you can deal with Joeās Garage in Queens as if it were a triple AAA name. So long as you have a credit guarantee (Credit default swap) you can effectively do that. However we grown up with the likes of Moodies and Standard and Poors providing a good service as credit policemen. It was a direct attempt to assure the market that it was ok to deal with any credit with the associated guarantees. Now of course the mighty names that wrote those default swaps are becoming the bucket shops because of credit events on the related debt. Death to the financial terroristsā¦ Going back to Citibank, Citi bought Salomons. The guys that crippled Nikko securities and caused it to crash are now those same guys running the Salomon side of Citigroup. Citibank is not safe!!!
lol.
watch out [B]178ā¦[/B]she is going thereā¦soonā¦
she is on a missssionā¦from god:eek:
You are just seeing the light, not too late tho.
I got up at 430ish to see through my cloudly lens that she was heading to peru. I went back to bed. Now I see when I left she ran up 100 pips, but then ran down before I woke up again.
I so want to go long here at 185.13 or so but frankly she has me drawn down
630 pips from myhighest order, luckily I only have 4 1Klots, even my lowest long at this point is over 200 pips down. SO I am not going to start that silly hedging thing. Worse comes to worse I will add another $100 to my account and ride her down. I recon she realistically could hit 180 before week end.
But I would rather run down with her getting longer into the new lows ands collect interest and wait. When she finally rises look out. LT I dont think she can stay down in this range. The japanese may even be buying yen at this point, but they were in the minority of folks who were selling yen for pound or whatever they can get that is of value over the yen which is about everything.
I am glad I didnt get one long at 186.00 but 185.00 looks like a good area to get a long.
This is almost a repeat of what happened 10 years ago, we went through very cimilar things. That greenspan nut says we are in worse shape than we have ever been, even worse than the depression. But you knwo what? Human are like rats and roaches very adaptable, we will make it through this,
who cares if I lose a house or two along the way? Maybe my RE drawdown isnāt going to pan out like I thought.
But I did the unthinkable yesterday! I filed taxes fro 2001-2005 they wouldnt accept any older ones that I NEVER FIELD going back intpo the 80ās as the statue of limitations has worn off. And to my surprise the feds/state owes me over 20,000.00 USD. Most of which they have already cheated me out of
after they forced me to loan them that money many years ago. Now they claim the money I paid is a donation to the government as I didnt make a timely claim, SO my advice to all is to file your taxes even though in reality they are voluntary, I am ok with them giving me 20K, but they wont as the statue of limitations for forced loans to the gov (AKA witholding) is much less
than the limitation for actually filing them.
Of all the losers to donate 20K to! Some lamers who spend my money like it grows on trees. I worked for my money. No one donated anything to me.
I didnt inherit anything. But know that the giver is more blessed than the receiver, this is a matter of fact weather or not you are aware of it.
184.XX ARG SHE IS REALLY stirring me up this morning!!!
No I didnt get any long at 184.50 but she is impressive and rising still from 186.00 She really gets my heart racing when she does this!
as quick as she is going up 150 pips she is coming down just as quick 200
wonder how mytwopips is getting onā¦hope all is okā¦down over there
i heard/read whole suburbs are missing after ike went throughā¦
i guess at best the power maybe outā¦
:eek:
I still have longs higher but if she runs down this time I am going with her.
Tight SL at 188.0 for a 50 pip loss if she wants to get me or I am looking for 200 pips on the downside back to 185.50.
Since I am now short this should prevent her from falling (wink)
[B]āThings may come to those who wait, but only the things left by those who hustle.ā[/B]
Abraham Lincoln
Then ran up but not quite far enough to hit TP targets so I closed a long for a few pips.
Just got back on and have no idea what she has on her mind for this afternoon yet, but she is acting very weird today, whatās new?!?
SO she wonāt have a chance to relax. but of course she is going to go south now that I am back and have no shorts in.
dang 200 pip bear candle right infront of my eyes, now were shot back up 300+ā¦ crazy action
yeah and i just picked up my short at the bottom of that bear candle:eek:
Thats where she may be headed!
she is a wicked girl,ā¦one of those real moody *****es;) she keeps ypu hanging onā¦one minute she is all over you, the next she doesnt want to know you
yeah and i just picked up my short at the bottom of that bear candle
Ouch, I wouldnt be setting shorts that low atm, she needs to show she wants to go alot lower. Monthly low so far is 184.12, hasnt been this low since 2003 or so. So your SL musta been ounch out by now.
Though my short just got picked up at 189.00, I meant to cancel it but didnt. Not too worried though, iām sure weāll be heading south again in the near future.
I have another set for 192.50
for that last hour or so from 2PM EDT - 3PM EDT, what a wild hour that was
Break that hour up into smaller TFās 1 minutes is good or 2 or 3 min or at least 6 min.
A key to trading for me is deciding in a moments notice sometimes to sell or buy. I scalped her left and right from 2-3 up and down. I am back long only.
FOrget all those pips I missed. I focus on the ones I got.
She is turning back up, watch her sail now.