International markets traders banter

[Trembling Hand]

JPMorgan stinking up the place,

http://www.bloomberg.com/news/2012-05-10/jpmorgan-chase-says-cio-unit-suffered-significant-loss.html

“This portfolio has proven to be riskier, more volatile and less effective as an economic hedge than the firm previously believed,” the New York-based company said today in a quarterly securities filing. JPMorgan declined 5.5 percent to $38.50 in extended trading at 5:55 p.m. in New York.

 

[Trembling Hand]

Here is a good one for you gents.

Last night at 12:30 am phone rings. Its my friendly risk manager asking me whats going on with the long position I'm carrying over from yesterday on the HSI thats way way offside?



What #$%&@ position? Had an order in I forgot to cancel! Left early on a hot new date, clearly my mind was somewhere else, and it got taged and then ran 100 points down!! Now waiting for the open to see the damage. Did put an ES hedge on, luckily close to last nights high. But Ouch!!

Amateur hour!!!!!!!

 

[Trembling Hand]

Lots of China "data" out today.

CPI and PPI @ 11:30 Syd/Mel time
Fixed Asset Investment, Industrial Production and Retail Sales @ 3:30 Syd/Mel time

 

[skc]

Here is a good one for you gents.

Last night at 12:30 am phone rings. Its my friendly risk manager asking me whats going on with the long position I'm carrying over from yesterday on the HSI thats way way offside?



What #$%&@ position? Had an order in I forgot to cancel! Left early on a hot new date, clearly my mind was somewhere else, and it got taged and then ran 100 points down!! Now waiting for the open to see the damage. Did put an ES hedge on, luckily close to last nights high. But Ouch!!

Amateur hour!!!!!!!

I hope she was worth it... or was she the bot you showed yesterday?

There are so many jokes one can make about your nickname and your relationships

The JP Morgan thing should pass today soon enough. It sounds reasonably contained to that company alone. Have no idea what data to expect out of China however.

 

[CanOz]

Here is a good one for you gents.

Last night at 12:30 am phone rings. Its my friendly risk manager asking me whats going on with the long position I'm carrying over from yesterday on the HSI thats way way offside?



What #$%&@ position? Had an order in I forgot to cancel! Left early on a hot new date, clearly my mind was somewhere else, and it got taged and then ran 100 points down!! Now waiting for the open to see the damage. Did put an ES hedge on, luckily close to last nights high. But Ouch!!

Amateur hour!!!!!!!

I'm guessing it wasn't the 1 or 2 contracts that i'd be trading!!lol!

Maybe 70 points off the close and your out...

CanOz

 

[Trembling Hand]

I'm guessing it wasn't the 1 or 2 contracts that i'd be trading!!lol!

Maybe 70 points off the close and your out...

CanOz

137 points down to start the day................. lovely............

 

[CanOz]

The JP Morgan thing should pass today soon enough. It sounds reasonably contained to that company alone. Have no idea what data to expect out of China however.

Would have thought the same with the JP thing....

China data may surprise...woo hoo.

CanOz

 

[Trembling Hand]

137 points down to start the day................. lovely............

All better now :homer:

 

[Joules MM1]

All better now :homer:

View attachment 47064

well done.....take off the numpty badge now....new line for the rule book?

 

[Uncle Festivus]

Dum de da.......anyone have a feeling of impending implosion? Or a relief rally?

China 'data' big yawn - they will tell us what they want us to know, not what actually is?

Tip of the iceberg for the 'market manipulators' JPM?? Looking a bit naked about now....

Perhaps just put a blindfold on adn hit 'short' button..............

Dreaming of QE4 :

 

[CanOz]

The Kospi and the STW are sure taken a beating this morning:hammer:...seem the worst of the bunch.

CanOz

 

[captain black]

The Kospi and the STW are sure taken a beating this morning:hammer:...seem the worst of the bunch.

CanOz

Kospi still heading lower

Nice strong upthrust bar gave a solid short signal @27 minutes after the open.

 

[Trembling Hand]

The Kospi and the STW are sure taken a beating this morning:hammer:...seem the worst of the bunch.

CanOz

Yep those and Honkers and Nk all at 3 month or greater lows.

 

[CanOz]

Kospi still heading lower

Nice strong upthrust bar gave a solid short signal @27 minutes after the open.

Find a bottom at 254.20?

My system went short at 256.10 and hot the trail at 255.40...missed the second leg!

CanOz

 

[captain black]

Find a bottom at 254.20?
CanOz

Yeah, looking like somewhere down there might be it. My labrador is chewing at my toes so must be time for me to close it out and take him for a walk. Nice to see some movement on the Kospi again the last few days

 

[Trembling Hand]

Lots of China "data" out today.

Fixed Asset Investment, Industrial Production and Retail Sales @ 3:30 Syd/Mel time

You enjoy that!!!!

 

[CanOz]

You enjoy that!!!!

Surprise!!

I was flat and eating lunch...waiting for the DAX, AUD and FESX now...

I can see how you could make money off those moves...operative word is YOU here...

CanOz

 

[Joules MM1]

Surprise!!

ouch
[video]http://www.youtube.com/v/R_B1PkgA3kA?version=3[/video]

 

[sinner]

Futs term structure... SPX, DAX, FTSE, Nikkei

Cash/Cash, frontmonth/cash, all contracts/frontmonth


Nikkei and DAX look ok, no idea what is up with the SP and FTSE contracts! Correct me if I'm wrong but short the SPY long the futs (or FTSE equiv) looks like free funding to me?

 

[Demiurgo]

Trying to figure out where we are.
Russian market, as you know all the markets are more or less correlated.
I'm not good enough with the theory of Elliott to the count is reliable, but this is what comes to me.
C waves are impulsive waves, and as such are divided into five, so what more is expected soon to start a wave two, in order to start later the wave three of the C (surely the largest one as usual), and then we will read threads on the forums saying that the world is over, LOL