Mind asking you why your ancestors didn't leave those slaves to live dancing around bonfires roasting wild animals and living in thatched huts? Why bringing them up to America in the first place?
Remind you to keep yourself civilized and refrain from personal attacks.
I was just posting my personal opinion for possible short term development just to see my self-attacked by sharks.
Remind you message boards are for sharing info. And opinions not to be controlled by crooked shorts, mentally sick people or psychopaths.
I want to reiterate my opinion Germans will deny first reform list from Greeks and the whole process will take till Friday.
Meanwhile PPS could be very volatile and if you believe there’s any meat left in this stock long term then you might determine an entry point.
For me the question is not for Greeks to be able to come with a reform list but “are they able to enforce those reforms on themselves?
The whole game right now is if Greeks can reform themselves.
Assuming they'll get a set of reform approved by germans( which in my opinion will take the whole week of back and forth))
there's no guarantee greeks can live by those reforms.
Meanwhile I expect lots of volatility which could bring down PPS to a very enticing level. maybe.
I expected that.
I"m also expecting first reform proposal to be denied by Germans.
Meanwhile I'm out of all greeks stocks.
Me expecting lots of volatility which could bring in good entry points.
Tomorrow $2.2-$2.4 range.
Tomorrow night Shaeuble will say not enough reforms and sent greeks back home to work more. Consequently on Tuesday PPS below $2.
Greeks will come up with more reforms to satisfy the crouches then PPS close to $3 before next Friday.
This is a post that will go in infamy for shorts.
If this is true then watch out PPS.
One thousand year of otoman dominion brought greeks to what they are today.
Why are you expecting a large dip on Monday?
It's not the best deal the Varoufakis expected but out of two evils me think greeks will choose the lesser one: put the house in order and stick with Euro or you're out.
Au contraire I expect Monday PPS up.
Our woman in Brussels Jennifer Rankin quotes a Greek government official as saying:
There is an initial agreement on a joint draft text among the institutional partners, which is now being presented to all of the ministers.
The euro has risen further, to $1.1404.
Over in Athens, Mega TV on its flagship news programme is reporting the following, says Helena Smith:
A four-month extension of Greece’s bailout programme is in the works
The interim programme will not include austerity measures
Greece commits to not making any unilateral moves - such as raising the minimum wage or protecting primary homes from foreclosures