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  • Greek fin min: Final debt deal is hours away

    From talking-forex.com

    Greek finance minister official says final Greek debt deal is hours away

  •  Guest
  • | IP XX.XXX.53.110
i bet it was priced in
Euro moved overnight on no high impact news
they forgot to mention which year again!
will euro fall for this bait again, never a deal until its closed
EURO-DOLLAR: The euro is not taking the bait this time as yet
another headline that Greek PSI debt agreement is near hits the wires.
Euro stalls under $1.3200 and so far shows no willingness to get back
above that level to revisit earlier highs near $1.3217. The market will
want concrete proof of a Greek debt deal and the details before pushing
the euro uptrend too far, traders say.
Remember when the FT said the Chinese were bailing out Europe? That was fun times too
It's supposed to be finished 3 years ago LOL!
Greece must always come into the play everyday for a cup of tea and pissed everyone off, lol! market ain't going for it i think. it will ONLY go further up if we have a signed deal, otherwise adios Greeks - don't forget the exit door which is on your right or left when you jump the airplane

buy the rumor sell the fact again - to me no deal is done until it's signed for, please please Greeks we don't live in lala land though we know you do.
Guys

I quote herre from the French Radio (France):

"French TV is reporting that Greek PSI is completed. 72% NPV loss for bondholders. ECB to take no losses."

Bonne Chance!
Sanguis I know one concrete proof - Greece will default no matter what money throw to them

Quoting Sanguis
EURO-DOLLAR: The euro is not taking the bait this time as yet
another headline that Greek PSI debt agreement is near hits the wires.
Euro stalls under $1.3200 and so far shows no willingness to get back
above that level to revisit earlier highs near $1.3217. The market will
want concrete proof of a Greek debt deal and the details before pushing
the euro uptrend too far, traders say.
  •  Guest
  • | IP XX.XX.191.58
1.3250 !
This is crazy if true, 72% loss!! I won't put my money there


Quoting apothekede
Guys

I quote herre from the French Radio (France):

"French TV is reporting that Greek PSI is completed. 72% NPV loss for bondholders. ECB to take no losses."

Bonne Chance!
  •  Guest
  • | IP XX.XX.160.188
funny !!.....now which one will come first ? the Greek debt deal or the interventions??!!
  •  Guest
  • | IP XXX.XXX.159.53
72% loss should make Euro stronger and dollar weaker . EU /US will reach 1.36. DOW to reach 13,000 ( maybe higher ) .
  •  Guest
  • | IP XXX.XXX.159.53
Dow only at 68 million ( Appreciates on very low volum). I love this market. so crooked but yet so profitable
  •  Guest
  • | IP XX.XXX.80.232
good, now we have positive eur news which means the manipulators will push the price down now...
FX is a zero sum game... When there is a buy action, there will be someone selling at the other side... When someone makes money, there will someone at the other side lose money... so when majority think the Head-Shoulder has formed, and EU is going down, someone will come out somewhere and say something to make it up all the way... by doing this, 90% people will lose money to the 10%...

greece is just a perfect vehicle to make this happen, and it has happened in the past 2 years... a sad thing to the 90%
  •  Guest
  • | IP XX.XX.91.6
Quoting Guest
funny !!.....now which one will come first ? the Greek debt deal or the interventions??!!
good question- intervention must be the answer we have our long orders open for this and euro short to the fall
  •  Guest
  • | IP XX.XX.91.6
Quoting Guest
funny !!.....now which one will come first ? the Greek debt deal or the interventions??!!
by the way- were not today spikes the intervention-hahaha
agree but the stats in the market doesn't shows this, at least for now


Quoting Guest
72% loss should make Euro stronger and dollar weaker . EU /US will reach 1.36. DOW to reach 13,000 ( maybe higher ) .
2 hours passed, no concrete result out yet... come on! is the fckng greece's definition of hours = 9999999999999999999999999999999999999999999999999999 hours?
Let them enjoy their last Slouvaki guys!!
"Hours" that is so vague - that could mean 2 hours ,tomorrow, next month, next year ??? - give me something more specific if they can
hours away..hmmm...100 hours, 1000 hours or ten thousand hours what about millions hours?...i think, this message is very vague...with no substance...even seconds away doesn't cut it; it could be trillion seconds away..just give us the damn date and time! what is so difficult about deciding to default or pay up..

PS: GREECE LEADERS- JUST TELL THE BONDHOLDERS 85% HAIRCUT OR 100% HAIRCUT..and swap the bond papers with new ones at 1.17% for 30-years..I don't think those moronic bondholders will say no, because it is not their money...so anything is okay...they will go home happy.
There is always a price for promises you don't keep!
don;t think we are going to get anything concrete tonight, pack of bull shit again from Greece! They are moving to another meeting tomorrow, fking twats!
They are going to wait until all the cash markets are closed in Europe & the U S to announce anything so the private bankers and their cronies can gap the markets in their private club time. They dont like retail traders clouding their scam
it's going down for today again. until we get PROOF, the market will go down - please Greece give us some proof in year 2050 perhaps
Maybe someone in US can change their military map ordnance and swap Greece for Iraq or Iran, and get it nuke off....... oops wrong button. better that these politicians be used as human bombs - no pity on them whatsoever.

Something inside me says Greece does get paid, or at least commission, with all these news by the bankers, they are a darn good vehicle to rake in money for the bankers!!!!!!!!

Quoting DragonFire
hours away..hmmm...100 hours, 1000 hours or ten thousand hours what about millions hours?...i think, this message is very vague...with no substance...even seconds away doesn't cut it; it could be trillion seconds away..just give us the damn date and time! what is so difficult about deciding to default or pay up..

PS: GREECE LEADERS- JUST TELL THE BONDHOLDERS 85% HAIRCUT OR 100% HAIRCUT..and swap the bond papers with new ones at 1.17% for 30-years..I don't think those moronic bondholders will say no, because it is not their money...so anything...
There is no panic; the better word should be confusion and those who are causing the confusion in this market are EU leaders, Greece gov’t and bondholders; and they seem to be enjoying every moment of it thereby dragging their feet and hitting the nerve button. This is like a new found power and status symbol of “the makers of financial crisis”; “if you sneeze people move in one direction, you cough they move in other direction, you will start to enjoy your new found power and try to behave like a super human”, finally arrogance takes over before a big disgrace!
There is always a price for promises you don't keep!
Nothing yet, seconds away......fking trillion seconds away. let's pack up for the day, I had enough of this shit from Greece.
Quoting DragonFire
There is no panic; the better word should be confusion and those who are causing the confusion in this market are EU leaders, Greece gov’t and bondholders; and they seem to be enjoying every moment of it thereby dragging their feet and hitting the nerve button. This is like a new found power and status symbol of “the makers of financial crisis”; “if you sneeze people move in one direction, you cough they move in other direction, you will start to enjoy your new found power and try to behave like a super human”, finally arrogance takes over before...
that makes a lot of sense to me DragonFire
lol seconds become days - seems to be the Greece are creating their own evolution theory lmao!!!!!!!! The market is pissed with Greece, big time.....another southward bound train until tomorrow......


zerohedge @zerohedge
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"Hours" has been downgraded: IIF SEES `VARIOUS ELEMENTS' OF PACKAGE COMING TOGETHER IN DAYS
Quoting jonahky7
Maybe someone in US can change their military map ordnance and swap Greece for Iraq or Iran, and get it nuke off....... oops wrong button. better that these politicians be used as human bombs - no pity on them whatsoever.

Something inside me says Greece does get paid, or at least commission, with all these news by the bankers, they are a darn good vehicle to rake in money for the bankers!!!!!!!!
jonahky7,
I think US still needs Greece; “you have to get a friend who is worst than you so people give you some kind of respect as a nice guy”. If there was no Greece, USA could be the worst ruthless debtor on the block and you could imagine what would happen to USD; we might join lines looking for factory jobs in China, India or Brazil and a truck load of USD might give you a loaf of bread if you are lucky. USA is in a wrong hand...where is Abraham Lincoln, Reagan and Bill Clinton when America needs them...change the law for Bill Clitton to be back like Putin and this time we could supply thousands of Monica Lewinsky, Bill's merit warrant more Monicas' on Earth!!
There is always a price for promises you don't keep!
lol pump and dump baby!
Quoting Guest
Dow only at 68 million ( Appreciates on very low volum). I love this market. so crooked but yet so profitable
Exacto! Same for S & P. So funny...not risk on, just a nice little beginning of the month short squeeze to say hello!
The price is always right; the price is always wrong.
nothing happens without a cause and effect
O shit, I didn't think of that, thanks for the enlightenment dragonfire. GUess being pissed took the better of me, lol

Did you hear the latest news from twitter, next week not hours!!!!!!!

Greece should be call my best friend and pal - they should replace einstein for coming out with new theory of evolution (if you believe in that) seconds to hours then to days then to trillion of years

The market will drive this babe down again.............



Quoting DragonFire
jonahky7,
I think US still needs Greece; “you have to get a friend who is worst than you so people give you some kind of respect as a nice guy”. If there was no Greece, USA could be the worst ruthless debtor on the block and you could imagine what would happen to USD; we might join lines looking for factory jobs in China, India or Brazil and a truck load of USD might give you a loaf of bread if you lucky.
Quoting earlywave
FX is a zero sum game... When there is a buy action, there will be someone selling at the other side... When someone makes money, there will someone at the other side lose money... so when majority think the Head-Shoulder has formed, and EU is going down, someone will come out somewhere and say something to make it up all the way... by doing this, 90% people will lose money to the 10%...

greece is just a perfect vehicle to make this happen, and it has happened in the past 2 years... a sad thing to the 90%
This zero sum game thing is wrong - it is an exchange of value. The seller is selling at profit (or at least gains the satisfaction that by doing so now he minimizes any chance of greater loss later). The buyer is buying now cos he expects to sell higher later. It is a win win situation. The only losers are those who do not time their transactions right. Its like any other market - else it will not be attractive to smart players.
Maybe this time someone prettier n slightly slimmer than Monica
Quoting DragonFire
jonahky7,
I think US still needs Greece; “you have to get a friend who is worst than you so people give you some kind of respect as a nice guy”. If there was no Greece, USA could be the worst ruthless debtor on the block and you could imagine what would happen to USD; we might join lines looking for factory jobs in China, India or Brazil and a truck load of USD might give you a loaf of bread if you are lucky. USA is in a wrong hand...where is Abraham Lincoln, Reagan and Bill Clinton when America needs them...change the law for Bill Clitton to...
I read this new 5 hour ago and yet still nothing.
Postpone to next week u didn't know that?
Quoting Link
I read this new 5 hour ago and yet still nothing.
GREEK debt deal : yesterday okay!, today nokay!, tomorrow....?? " I N C R E D I B L E "
Quoting jonahky7
Postpone to next week u didn't know that?
realy? isnt exacly what the said last week ?
keep postpone all the time
  •  Guest
  • | IP XX.XX.91.6
europe and ecb are real stupid- they want to save 1 country greece(now) from debt problems spend millions after millions to see it later default
ECB will find itself in need for help with this process of helping
country not qualified throw it out of eurozone let it find its debt problem solution itself stop giving giving giving for a fail result
Quoting Loadedgun
This zero sum game thing is wrong - it is an exchange of value. The seller is selling at profit (or at least gains the satisfaction that by doing so now he minimizes any chance of greater loss later). The buyer is buying now cos he expects to sell higher later. It is a win win situation. The only losers are those who do not time their transactions right. Its like any other market - else it will not be attractive to smart players.
Looking at every fx transaction - if u sell now, and the price go up later -> you lose, buyer win. if price go down later -> you win, buyer lose. Vice versa for any buy action.

It is a zero sum game, no matter how fancy term a "smart" player want to paint it. buying and selling a currency pair, is purely speculating - no real economic value is added in the process. It is just to make 90% retail traders to lose $ to the 10% bankers and 'smart' players.
EZ is like some retail traders: when they lose they add more to account to stop losing having hope market will go their way in one point...add more money to account , more money to account...and they lost it anyway....call margin whatever...
The Market pays you to be disciplined
  •  Guest
  • | IP XX.XXX.69.8
The gunman is right that is why the market is successful and growing, also there is nothing like real value - value is simply the satisfaction gained from an outcome and it is personal. The man who makes 20K$ from a selloff or a rally is happy and has gained "value" and the man who lost in either case lost value. The point of the gunman is solid economics and shows that like in all markets you need skills to profit - 90% or so simply do not have what it takes in this market.
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  •  Guest
  • | IP XX.XXX.111.47
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  • Posted: Feb 1, 2012 11:48am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 47  /  Views: 9,014