See how it's done? It's not that hard. Just obey the math.
For all the professional traders who missed that one, and for their bosses and their bosses bosses, our condolensces to you.
In a fair world, you are all now fired.
Once you understand the algorithm, the rest is easy.
Thursday, October 13, 2011
For our Forex Technical Clients
Correct. We are in the new pipe 5x5.
We are now looking for a deviation or a confirmation. We suspect a strong deviation.
We are now looking for a deviation or a confirmation. We suspect a strong deviation.
Slovakia... Small Battleground for a Large War
Slovakia cannot withstand the pressures from the rest of the Euro zone. It will cave-in probably any minute. The bad news is that ECB approval will culminate in massive printing press activity and Northern Europe will be worth half of what it is today. That's OK, then we'll maybe buy at half price.
NVDA and other Semi Trades in The Valley
We are very tempted to short strongly for Friday; however, do not do that without watching the Euro/$ trade overnight.
On low volume, retailers have gotten a little ahead of themselves and it's close to the time to take their incorrectly spent money(!)
On low volume, retailers have gotten a little ahead of themselves and it's close to the time to take their incorrectly spent money(!)
Tutorial - Fitch Derates Banks - Undercapitalized - Exposed Euro Debt
Undercapitalized is a eufamism that really means "insolvent."
It means the bank is about to have severe losses and that it doesn't have enough "capital" (enough of depositor's money) to withstand the losses.
In other words, never say in-other-words because then you might have to clarify yourself(!)
Undercapitalized = insolvent = pull your deposits out ot there immediately!
The FDIC cannot save you in this case for much longer.
It means the bank is about to have severe losses and that it doesn't have enough "capital" (enough of depositor's money) to withstand the losses.
In other words, never say in-other-words because then you might have to clarify yourself(!)
Undercapitalized = insolvent = pull your deposits out ot there immediately!
The FDIC cannot save you in this case for much longer.
Justice Dept. vs Banks
This should have happened in 2008, but the statute of limitations has not yet run out.
If someone is negligent (and/or unenlightened enough) to cause massive financial losses to others, then that person(s) can be sued to recover as much of the loss as possible.
That's one simple way to get rid of the idiot CEOs who were incompetent enough to cause worldwide economic depression. Jail is recommended but not a requirement. Taking all their money is appropriate enough.
If someone is negligent (and/or unenlightened enough) to cause massive financial losses to others, then that person(s) can be sued to recover as much of the loss as possible.
That's one simple way to get rid of the idiot CEOs who were incompetent enough to cause worldwide economic depression. Jail is recommended but not a requirement. Taking all their money is appropriate enough.
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