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Old 05-08-2011, 22:58   #21
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Originally Posted by Visage View Post
Fuck Monday - today was fucking grim. I only got home 10 minutes ago!

As I've said before, there are definite ways out of this mess. Unfortunately they all rely on politicians acting like grown ups, and not in their own self interest....
it wasnt actually grim for you tho vis, maybe u had to pretend to act shocked in front of your boss, but in reality all u do is code things so the market actually has fuck all to do with your day to day work
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Old 05-08-2011, 22:59   #22
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The thing that surprised me, was the US job data. They were talking about that for days on how it was going to smooth things out, and provide some real data amongst the rampant speculation. One described it as the same as the US debt ceiling. If the debt ceiling wasn't raised, we'd be in serious trouble, but it was always going to be raised so it's a moot point. The US job data would stabilise the markets, so this was a blip, concerns about a 2008 crash are a moot point etc etc.

Then the data is out, and it's still falling...
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Old 05-08-2011, 23:00   #23
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The thing that surprised me, was the US job data. They were talking about that for days on how it was going to smooth things out, and provide some real data amongst the rampant speculation. One described it as the same as the US debt ceiling. If the debt ceiling wasn't raised, we'd be in serious trouble, but it was always going to be raised so it's a moot point. The US job data would stabilise the markets, so this was a blip, concerns about a 2008 crash are a moot point etc etc.

Then the data is out, and it's still falling...
its cos the new 'jobs' arent actually jobs, they are part time ones and other pointless shit that can be used as propaganda for politicians
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Old 05-08-2011, 23:02   #24
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Perhaps the market agrees with you on that Bakez, because they haven't bought it as good news either way.
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Old 05-08-2011, 23:02   #25
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it wasnt actually grim for you tho vis, maybe u had to pretend to act shocked in front of your boss, but in reality all u do is code things so the market actually has fuck all to do with your day to day work
When we have to process 10 million trades in a single day for the first time in history on a system that was spec'd for 8 then yes, it does have an effect.

I wasnt at the office until 10pm for shits and giggles.....
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Old 05-08-2011, 23:04   #26
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The thing that surprised me, was the US job data. They were talking about that for days on how it was going to smooth things out, and provide some real data amongst the rampant speculation. One described it as the same as the US debt ceiling. If the debt ceiling wasn't raised, we'd be in serious trouble, but it was always going to be raised so it's a moot point. The US job data would stabilise the markets, so this was a blip, concerns about a 2008 crash are a moot point etc etc.

Then the data is out, and it's still falling...
There's always uncertaintly about how priced in these things are.

So yes, it was expected that the debt ceiling would be raised, so prices were made on that basis. Then all it takes is some doubt and people start to waver, and hedge.
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Old 05-08-2011, 23:07   #27
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When we have to process 10 million trades in a single day for the first time in history on a system that was spec'd for 8 then yes, it does have an effect.
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Old 05-08-2011, 23:09   #28
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Old 05-08-2011, 23:11   #29
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I'd LITTERALLY HATE to be visage

I bet bankers and traders laugh at him, while he hangs around trying to listen in and gauge the mood amongst people that really know about world markets

WHAT A FUCKING SNIVELLING GEEK CUNT
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Old 05-08-2011, 23:20   #30
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Visage is the worst kind of bum licker, he has the logic, knowledge and common sense to say: this s fucked up and will bite you on the bum very soon....

BUT NO, the champagne socialist will cling to the bubbly as long as possible regardless of reality and what his hippocampus says!
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