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  • #229,161
  • Apr 22, 2010 5:57am Apr 22, 2010 5:57am
[Dow Jones] Greece's budget deficit for 2009 according to Eurostat is now at 13.6% of GDP, considerably higher than the government's projection of 12.7%, notes UBS, and it could even be revised higher. UBS says Greek bond and CDS spreads remain elevated and those of Portugal are rising in sympathy. The bank says while it remains to be seen whether Greece will activate the aid package - and there could be a relief rally on an activation - given the apparent lack of urgency in finalizing the details of the bailout plan, troubled times are seen ahead for the euro. EUR/USD now at 1.3338, just off the day's low at 1.3332 and UBS maintains its 3-month forecast of 1.30.
  • #229,162
  • Apr 22, 2010 5:59am Apr 22, 2010 5:59am
anybody long here?
  • #229,163
  • Apr 22, 2010 5:59am Apr 22, 2010 5:59am
Quoting gatorinla
simple questions. if greece borrowing is 8% and the % trend for borrowing is up. what do you think happens after 8%? if german (the strongest) bund sale failed what happens next? what happens if/when the piigs fail selling theirs? if this pattern (trend) continues and they already cant cover their bills, why would they be able to cover them at a higher borrowing cost?

if greece couldnt make it a 3%. how can they and the rest of the ez including france and germany make it at higher rates. last i heard greece was up to 80 billion and more was being...
germany gave a solutiion.....
greece should sale some of the islands.........
IT'S ALL ,,,, Only money in the bank count
  • #229,164
  • Apr 22, 2010 6:01am Apr 22, 2010 6:01am
Quoting benssol
here is their last, posted now::

EUR/USD (1.3335). My intraday trading system went SHORT 3 units at 1.3397 earlier. My first profit target was hit at 1.3363 where 1 unit was exited and the stop moved to breakeven, and now my second profit target has been hit at 1.3331 where another unit has been exited. The stop has been moved to 1.3363, and my third and final profit target is set at 1.3264 where the balance of the position will be exited.



Notes: This system enters in 3 units and looks to exit at 3 separate levels in 1 unit each....
I.C. I will study this call..thanks n appreciation to you.
  • #229,165
  • Apr 22, 2010 6:02am Apr 22, 2010 6:02am
Quoting tt_danu
germany gave a solutiion.....
greece should sale some of the islands.........
You cannot learn better without losing
  • #229,166
  • Apr 22, 2010 6:04am Apr 22, 2010 6:04am
Quoting Mashiro
anybody long here?
i am scalping 20 pips long tp = 1.3353
  • #229,167
  • Apr 22, 2010 6:04am Apr 22, 2010 6:04am
Quoting forexings
the offer was made by germany...so i heard....
after investing in bulgarian seaside turism....germany wants greek islands...about 30% of them
IT'S ALL ,,,, Only money in the bank count
  • #229,168
  • Apr 22, 2010 6:04am Apr 22, 2010 6:04am
Quoting Mashiro
anybody long here?
I am about going to long alternatively for take profit at 1.3350 and 1.3375.
Manual entries.

But € is so deep now that even pound cant get it lifted so probably will drop a bit before better setup occurs.
They think they are smarter than I am.
  • #229,169
  • Apr 22, 2010 6:05am Apr 22, 2010 6:05am
Quoting tt_danu
the offer was made by germany...so i heard....
after investing in bulgarian seaside turism....germany wants greek islands...about 30% of them
they want the islands with or without the chicks lol ?
  • #229,170
  • Apr 22, 2010 6:06am Apr 22, 2010 6:06am
Quoting tt_danu
germany gave a solutiion.....
greece should sale some of the islands.........
*L* yeah ... lets sell some islands.. you think they got 80 billion worth? then subtract the income the islands bring in.. where is greece then?
those who can, do. those who cant, talk about those who can
  • #229,171
  • Apr 22, 2010 6:07am Apr 22, 2010 6:07am
Quoting gatorinla
simple questions. if greece borrowing is 8% and the % trend for borrowing is up. what do you think happens after 8%? if german (the strongest) bund sale failed what happens next? what happens if/when the piigs fail selling theirs? if this pattern (trend) continues and they already cant cover their bills, why would they be able to cover them at a higher borrowing cost?

if greece couldnt make it a 3%. how can they and the rest of the ez including france and germany make it at higher rates. last i heard greece was up to 80 billion and more was being...
Just take a look on what happened to the so called third world after 1970.

They got cot in a so well crafted trap that lasted for almost 3 decades, and diverged a insane amount of wealth from their people to the rich countries.

Inflation was the card played back than....could be deflation now, who knows, but the principle is the same.

Everything you see out there is planned and what we are seing is just the execution
  • #229,172
  • Apr 22, 2010 6:08am Apr 22, 2010 6:08am
Quoting tt_danu
the offer was made by germany...so i heard....
after investing in bulgarian seaside turism....germany wants greek islands...about 30% of them
If true it could be lease, not sell
You cannot learn better without losing
  • #229,173
  • Apr 22, 2010 6:09am Apr 22, 2010 6:09am
Quoting tt_danu
the offer was made by germany...so i heard....
after investing in bulgarian seaside turism....germany wants greek islands...about 30% of them

Can we buy santorini with a leveraged 400/1 account ? Promise to pay with future income from german fat tourists
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Andreyou
  • #229,174
  • Apr 22, 2010 6:09am Apr 22, 2010 6:09am
Quoting gatorinla
*L* yeah ... lets sell some islands.. you think they got 80 billion worth? then subtract the income the islands bring in.. where is greece then?
with babes)
but
30%is not 100% of islands......and the math said that it;s about to cover what greece has to pay this year.....
IT'S ALL ,,,, Only money in the bank count
  • #229,175
  • Apr 22, 2010 6:11am Apr 22, 2010 6:11am
you shouldn't confuse official proposals made by the government with the noise that occurs when a reporter asks a politician while standing in a lift or on the toilet.
  • #229,176
  • Apr 22, 2010 6:13am Apr 22, 2010 6:13am
Quoting tt_danu
with babes)
but
30%is not 100% of islands......and the math said that it;s about to cover what greece has to pay this year.....
now this is not good lol cause i live in greece so u can imagine how the life will be without the greek babes .
  • #229,177
  • Apr 22, 2010 6:14am Apr 22, 2010 6:14am
Quoting Platypus
Just take a look on what happened to the so called third world after 1970.

They got cot in a so well crafted trap that lasted for almost 3 decades, and diverged a insane amount of wealth from their people to the rich countries.

Inflation was the card played back than....could be deflation now, who knows, but the principle is the same.

Everything you see out there is planned and what we are seing is just the execution
we phuck ourselves.. we put the third world on the map for 10$ tennis shoes at wall mart. now the makers of the shoes put demand on the commodities for their own use. raising our cost.. those 10$ tennis shoes are now costing us 10000$'s.. you dont remain strong by giving it away. you become weaker as the tennis shoes makers get stronger.
those who can, do. those who cant, talk about those who can
  • #229,178
  • Apr 22, 2010 6:19am Apr 22, 2010 6:19am
What does that Trick-Trichet speak, any links?

Obviously market is on halt because of it.
They think they are smarter than I am.
  • #229,179
  • Apr 22, 2010 6:20am Apr 22, 2010 6:20am
Germany should not be expected to hold down all of Europe. The idea of Greece "leasing" some of their islands is not a far fetched idea. Greece is in bankruptcy and in bankruptcy you mush liquidate some of you assets to pay your debt.

The same I deal as, if I'm irresponsible with my money and don't pay my mortgage or land tax, then my house is taken away from me.
  • #229,180
  • Apr 22, 2010 6:20am Apr 22, 2010 6:20am
http://av.r.ftdata.co.uk/files/2010/...tat_Greece.jpg
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