Is this the beginning of a Bull market?

[Technically Fundamental]

http://www.bis.org/statistics/otcder/dt1920a.pdf

isn't that more money than there is in the world... I've heard about these figures.

 

[Technically Fundamental]

you might want to learn now-it's how the world turns. money flow....

Recommend any books?

I used to browse through internet but it's not the same.

 

[gooseman]

i can honestly say i have never read a book on the money markets in my life.

 

[Technically Fundamental]

i can honestly say i have never read a book on the money markets in my life.

wtf then?

 

[arabianights]

basically what you do is over offer sterling front month at 66, over bidding at 65, pretty much exclusively selling, then the 6s go and you scratch your 6s (better be quick here!) paying almost all your profits in commission.

That's how the short end of the money markets work.

With the long end you just average. It always comes back.

 

[MrGecko]

basically what you do is over offer sterling front month at 66, over bidding at 65, pretty much exclusively selling, then the 6s go and you scratch your 6s (better be quick here!) paying almost all your profits in commission.

That's how the short end of the money markets work.

With the long end you just average. It always comes back.

i) LTCM
ii) there are other ways to trade it

 

[gooseman]

wtf then?

learn by trading.

 

[Rossini]

Ltcm??

 

[Technically Fundamental]

basically what you do is over offer sterling front month at 66, over bidding at 65, pretty much exclusively selling, then the 6s go and you scratch your 6s (better be quick here!) paying almost all your profits in commission.

That's how the short end of the money markets work.

With the long end you just average. It always comes back.

I was following you up until "sterling", then I caught you again at "paying".

 

[MrGecko]

to be honest I can't even think of a book that you could read...

 

[tar]

Are we in a bull market?

r u serious ?!

this is a "nerds rally" ....

 

[Technically Fundamental]

you lot are useless I swear.

 

[gooseman]

125m useless.

 

[MrGecko]

Long Term Capital Management.

 

[arabianights]

you lot are useless I swear.

Not as useless as you

 

[Technically Fundamental]

Not as useless as you

touché

 

[elitejets]

Just made the mistake of watching Jim Cramer tonight ... quote:
"One of the things I have had great success with in my career was buying bottoms and this one was a great one with low risk", and "those on the sidelines are feeling real pain at being left out"

Ugghh

 

[MrGecko]

I thought Cramer was a pretty good indicator - just to the opposite of whatever he says, right?

 

[dilesh23]

hes one of my fravourite comedians... right up there next to Jon Stewart

(they took the full episode off but the clips have enough of the joke)

The Daily Show Full Episode | Thursday Mar 12 2009 | Comedy Central

 

[theroguetrader]

bull mkt

It will sure feel this way if you work for Goldmine Sachs or JP Morgan - how is it the banks have " suddenly " seen a reversal in their fortunes..?


The public are gonna be saddled with tax hikes and a debt burden into the next millenium - and what do all these STOOPID bankers go and do - SIX MONTHS after receiving billions of government aid - AND tax payers cash "...


post record 1/4 profits and pay themselves billions MORE............ !!


where does it all end..??