Yes Euro going the way of the dodo bird. And what was reported as a 18 point reform list sent to creditors on Friday now turns out to be a "Joke". Greece made no attempt to put anything of relevance on paper, much less show a desire to meet creditors half way. Let's see how Europe stock market opens tomorrow knowing Greece is playing games up to the last minute they default.
Athens has said it sent a reform list on Friday. The measures are meant to raise 3 billion euros and exclude "recessionary measures" such as wage and pension cuts. But creditors said the list was more a collection of ideas than something that could be presented to the Eurogroup. "Greece did not submit a reform list on Friday. They just showed some ideas over the weekend. The discussions from Friday to Sunday were meant to help the Greeks prepare a list for tomorrow," one senior euro zone official said. "We still look forward to receiving something on Monday," the official said. In their current form, the Greek ideas were not specific enough to win the approval of lenders.
"As they stand, they lack detail and much more technical work will be needed for them to flesh them out into something sufficiently comprehensive and credible to be put to the Eurogroup," a second euro zone official said. Asked how long that work might take, the official said.
when you factor in that swings in either direction always go further then anyone estimated. Spy at $205 is extremely top heavy so seeing a $30 drop off between now and end of April is very realistic. Then you have the "sell in May and go away" coming in one month on top of that. Sure looks like a major bonafide correction is coming soon. As in Real Soon.
Man you are coming close with your call. And tomorrow we will see the same and biotech investors panic and get out of Dodge quick. Think we open tomorrow around $333 and touch $324 or lower. What goes up must come down - as they say.
now the only question is - is he 7 years old or possibly 9? I assume 7 since he can't help posting the same thing over and over again, showing no imagination or train of thought. Loser
Yep but come June they will flat out have her picture posted at every post office. That's when the Fed Chairwomen raises rates and says "get ready for more Bulls" - Its Correction Time".
That's all right Scotty - Tomorrow SPY hits Fed Rate Hike Force Field and drops through the floor. As in drops below $197 and keeps falling - for you investors who don't have Spock logic.. Now beam me up Scotty and get those Yellen photon torpedos ready. We need to be prepare ourselves in case those angry Bulls attack us for losing so much money going long Spy. Stupid Bulls.
Replace Patience with Panic Selling and Dow in Free Fall. Coordination with Russia, Greece, Isis, North Korea, Venezuela, Brazil, etc. just won't work. Especially with the Fed now out of bullets.
Only question now is will her hair color be fire bird red or lobster red. I'll take either one since Dow down 400 points at market close tomorrow. And if she come out to press conference with red lipstick on Dow dive over 500 points. You read it here first.
Because the market is still in denial that the Fed will ever raise rates. But come tomorrow when the Fed says so long "Patient" the market shudders and then panic selling kicks in. Tvix might not climb over $3.50 a share but she goes over $3 easy. And for those who bought in around $2 - you will do very well indeed.
So when does Yellen go live and say bye bye to "patient" and get ready for summer rate hikes? Does she come out tomorrow afternoon to speak thus sending the market down 300 points or do we have to wait until Wednesday for the Fed Chairwomen to spike volatility?
and hello summer rate hike. So short GLD from here or go long JDST. Gold heading way, way South as the Fed get ready to jack rates this summer.
and then tell me how you get a bigger percentage move up today (11 cents down) compared to Tuesday 9 cent rise. Not I'd didn't chart Tuesday's open and close price but I can tell you point blank today is see a way, way bigger percentage move down, then anything compared to Tuesday's move higher. Sec should be all over Credit Suisse, but I guess they have bigger fish to fry.
and that upset her since she is tired of wearing Dove pants and now wants to buy a nice Bear skirt. Older women do look better in fur don't they.
so don't sweat retail report since half the nation was snowed under or frozen over for last few months. Bottom line Fed next week says get ready for rate hike - as if we didn't warn you.
as the big boys cash out before next (train wreck) earnings report. With lock up period expiring and weak forward guidance BAHA will fall through the floor. Oh and did we mention China economy is in a free fall. So last time in $80's this week as we sell off big time next week.