I am still undecided, are we going for the big retrace that the Techies predict or is this a rally until the big boys decide, maybe tomorrow which way to go, North or South????? At this time I am short and doing a bit of scalping as we move along.
Would appreciate a second guess/opinion
A perfect storm provoked by Eurozone idiots. CDS are about to get triggered because the deal failed to protect the investor. The investor has been cheated ( bond investor). Why would you want to invest in Greece after this deal?
A perfect storm provoked by Eurozone idiots. CDS are about to get triggered because the deal failed to protect the investor. The investor has been cheated ( bond investor). Why would you want to invest in Greece after this deal?
And that my friend, is the biggest question nobody is asking.
I don't think people really understand what just happened. The degree of complacency increased by ten folds. Some people think the Dow should and can stay above 13,000. CDS market is multi-billion. Forget what you heard from some stupid analyst. The size of CDS market is debatable and this stupid deal triggered CDS. "MAJOR CORRECTION" in 2012. Maybe in a few months
khanarsal
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euannaude
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clockwork71
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