If they don't leave voluntarily they'll be asked to leave by everyone else
JMHO but what do I know
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
DislikedScrew Cyprus and take a look at Spain .
Quote wsj:
"The restructuring terms announced by the FROB will impose losses of up to 61% at Spain's largest nationalized banks. At Bankia[i] SA, BKIA.MC -37.85%the largest of the institutions and the only one that is publicly traded, shareholders will be nearly wiped out and junior bondholders will lose...Ignored
DislikedNever underestimate the power of panic.So the Cypriot banks are due to open their doors again tomorrow. It doesn't take a genius to predict what will happen. I would not be surprised to see them close their doors again before lunchtime.
As goes Cyprus, so goes the rest of the Med. Then there will be carnage.
Cyprus won't look so piddly then.Ignored
Dislikednah, not yet... FF just is not the place it used to be a year or 2 ago. My timezone for trading is the Franky/London one, many around here come online, when I'm about to close my shop, so exchange can and will be sparse... quite naturally.
Quite a couple of those, who taught me how to look at things left (for good) and there aren't really any outlooks left, are there?
btw: I'm always watching you!Ignored