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User Info Your Daily Greek Update. SAVED or not SAVED? in forum [Breaking]
Genesis
Posts: 130798
Incept: 2007-06-26
Admin A True American Patriot!
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This thing may go up in smoke right here and now. Wouldn't that be a hoot?

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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That gray haze distorting your vision? That's not fog.

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
Plymster
Posts: 912
Incept: 2007-09-19
Green
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Another deadline come and gone, and nary a whisper. This is eerie.
Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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There's a very telling and very ungood pattern developing in FX. Either there's bad news coming or the delays are causing some very unsettled movement of big money.
Inline

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Bloomberg TV is covering this, but they don't know any more than we do.

Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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Somebody is getting VERY nervous or already has inside info that's not good.

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
Cwf123
Posts: 23
Incept: 2011-08-02

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Are you looking at Aussie & Kiwi Assi? Euro looks mild compared to them Sunday gap is gone & then some.
Genesis
Posts: 130798
Incept: 2007-06-26
Admin A True American Patriot!
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Yeah this is getting kinda spooky.... I got a little short a while ago on that retrace... not big, but I wanted something on.... it's got a safe and green stop now.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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Cwf: Yea, shorted aud/usd right at the the high of the night.

[Edit: avg price 1.07359.]

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.

Cwf123
Posts: 23
Incept: 2011-08-02

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Gonna burn all the posts on this I guess Nice whip in Euro & Aussie. Kiwi not playing. Copper also on for the ride.
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Bloomberg TV reports a deal has been reached.

Genesis
Posts: 130798
Incept: 2007-06-26
Admin A True American Patriot!
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Eh, **** that -- got stopped on the spike at a profit -- Bloomberg saying there's a deal. Who knows.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Eaglewwit
Posts: 6054
Incept: 2007-11-30
Green
SoCal
Banned
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There is always a deal, haven't you all realized that yet.
V
Posts: 265
Incept: 2007-11-27
Gold
So Cal
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Exclusive: Greek debt may remain at 160 percent in '20: IMF/ECB

http://www.reuters.com/article/2012/02/2....

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People should not be afraid of their government.

Government should be afraid of their people.
Flyanddive
Posts: 580
Incept: 2008-10-10
Silver
Detroit
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It will be way more than 160% at the rate GDP is contracting. My bet is this bailout lasts two weeks this time, maybe less. 75% PSI haircut...

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"I've seen people go into real poverty trying to pretend to be rich."

Jmanng
Posts: 537
Incept: 2009-01-03

Boston, Massachusetts, USA
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Looks like the Fed and ECB just kicked the can down the road for another year.
Genesis
Posts: 130798
Incept: 2007-06-26
Admin A True American Patriot!
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More like a month or so.

.....

Or maybe an hour or so smiley

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?

Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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Well, said it elsewhere too, but it deserves repeating:

I think the realization is sinking in with real people that the algo's severely screwed the pooch on this announcement.

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
Krs
Posts: 688
Incept: 2009-05-07
Silver
Colleyville, Texas
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Which will give us plenty of time to learn the words Portugal and Italy, both of which will be uttered more frequently by the msm in the coming weeks. It has already started tonight smiley

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Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
Jmanng
Posts: 537
Incept: 2009-01-03

Boston, Massachusetts, USA
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If they can "save" Greece, what makes you think they can't do the same for Portugal, Italy, or Spain. I think they can. The ECB is following Bernake's game plan of QE. They will do whatever it takes to fight deflation. You'll have no choice but to give up because you cannot fight the central banks.

Flyanddive
Posts: 580
Incept: 2008-10-10
Silver
Detroit
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Jmanng it's not the same as it is here in the US. The Euro acts as a pseudo Gold standard, the austerity will make payback impossible as GDP gets crushed.

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"I've seen people go into real poverty trying to pretend to be rich."
Rvacha
Posts: 8300
Incept: 2008-10-03
Gold
Cleveland
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So they basically came up blank again, only a verbal "plan" like last year?

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"I suggest you panic." - Hugh Hendry
Sean
Posts: 1766
Incept: 2009-04-21

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Guys I gotta go to bed now.

But I'll bet anyone here a gold eagle or 10 for that matter that when I wake up the dow/dow futures will be up 100+ points.

That is all.

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* I think Ann Barnhardt is more and more right. God help us!
* Progressives / Marxists / Communists are many things, STUPID and IMPATIENT are not two of them.
* A hot civil war is coming.
* And people wonder why I prep!
Zarathustra
Posts: 5961
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Submitted without comment...

inline

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates

Mayorquimby
Posts: 13909
Incept: 2008-09-18
Green
The Archaic Past
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ZH twitter feed is farking hilarious. Highly recommended.

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They who wish to hurt you, work within the law.
- Morrissey

Gold is theft.

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