Anyone see the Zerohedge snip that UK home prices have reached an ALL time high?
Wtf? Having a chance to sell into that in the US would be a rare treat.
Shrug....Seems like that to me. I know nothing, but everone seems to beleive that payments due will he paid on time. There is no limit to the amount of money availale.
Maybe this political wrangling will be the new normal and the world now has no choice but to adapt and not panic.
I cant...
Sincere answer. Yes i do. That may or may not be the reason i am a failed trader".
Now, understand, i am not a trader and do invest in 401k's at work, but.......
I do put a ton of time into a wide range of issues regarding the economy, currencies, commodities, stocks and a fair ammount of...
Bush gave out 2 stimulus checks long ago to everyone. I think it was to go out and
buy that new Plasma TV. Or, was it to stimulate or love your ob-gyn. I dont remember.
Not partisan here, just sayin.
I just want to go back to the 1950's when smokimg and drinking were just fine,
sound...
I didnt see Jems post and i agree with his version.
I read on ZH that CDS for The US is rising to what is an implied chance of 6% for a
default. Everyone "knows" but still must burn money for protection. Thats gotta piss a lot of people off.
On a humorous note, i was expecting a federal tax holiday during this shutdown. iRS is still working just fine!
When my Comcast service is out i make sure i get a credit towards next periods bill.
What are the chances of this with the feds.
There s a lot of talk of a large basis point incease in 30 day us t bills due on OCt 24th. I think the yeild curve of the 30 day to 3 month t bill is inverted.
A steepener trade on the default solution as the 30 day yeild collapses might be a way some can play it.
Why cant our central bank along with all other major central banks step in and do whatever it takes? Imagine the moral hazzard if they said this before the actual default, or even after
The default.
You can buy or sell 1 gold contract, GC, at 2PM EST. , Wednesday , "AND it's GONE"
I could not resist after watching that South Park video posted here tonight. Very funny.
Seriously what are you asking?
Someone can probably help you.
"Morning Printing Fed" is very good!
Or
"Bullish Flying Fuckit" when you cant take it anymore and just must get in the trend with
Everyone else already in.
IMO the action is to minimize the .1 or .2 or .3 effect on GDP. Nothing new that the government spending contibutes a lot to GDP. There is no morality here. Every actor is doing what he/she is paid to do to maintain this state of affairs. Now, I guess, the show can go on a bit longer without any...
Symbol GC trades on Globex around the clock. It is available on IB without
any data subscription charge. It is a future contrct representing 100 oz. gold so a 1 dollar move in gold is 100 usd
Ticks are .1 or ten bucks.
You decide whether liquidity is adequate for you.
I find it hard to...
Republican congressman Nunez , CA. was on CNN for 30 minutes.
The panel could barely contain themselves with glee as he singled out the 18
conspirators (his words) in his party without an end game.
If feel as if i am watching the self immolation of the republican party.
My take-away is a...
Good traders short here after a 50% retracement and also near a lower trendline might be closing shop. Yesterdays shorts could feel a lot of heat on rumors.....and you know the rumors are coming the morning. Whats in it being short here? Right now?
We have a long.....way to go. We have not yet begun to tax, default on unfunded liabilities
and confiscate. We are just dickering and jousting and still in MORE mode for both ends of the spectrum.
Hi Gringo,
I enjoy reading DbPhoenix and the contributors to the PA style. I look forward to your thread also. I have the sectors you list on my list. I also have a few more that are industry,rate,market or commodity specific.
It may be that you want to look at the nuance between some...
If i hadnt read any news for the last few months regarding Syria, Fed , taper then
I may have bought the Sp500 7-10 days ago. I did not so who is irrational .....me or the market? Oh yeah.....trade what you see.