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  • #257,621
  • Jun 14, 2010 10:09am Jun 14, 2010 10:09am
Quoting artofwar
Ask and ye shall receive.
Lol no kidding. Wow.

Ok,um, I'd like to see 2190.
Only expectation matters . . .
  • #257,622
  • Jun 14, 2010 10:11am Jun 14, 2010 10:11am
Quoting sed34
yep. everything was overextended which is why I was looking for shorts.
Were you short when it happened ? If so, congrats, that was a really nice move to catch
  • #257,623
  • Jun 14, 2010 10:11am Jun 14, 2010 10:11am
Quoting PriceVolume
Now looking for 2213. We'll see...2240 needs to a break and hold....
Poof.
  • #257,624
  • Jun 14, 2010 10:12am Jun 14, 2010 10:12am
Moody's cut Greece to junk
Nothing worth having is easy.
  • #257,625
  • Jun 14, 2010 10:12am Jun 14, 2010 10:12am
Quoting RebelRed
Well crap, that was quick. Bounce bounce bounce.
What bounce ? There's only sink sink sink
  • #257,626
  • Jun 14, 2010 10:13am Jun 14, 2010 10:13am
Quoting Patience
Moody's cut Greece to junk
For real ? Do you have a link ? If so, I might override my hour limit and start trading again...
  • #257,627
  • Jun 14, 2010 10:13am Jun 14, 2010 10:13am
Quoting Amie_Senior
I guess it will test atleast 245 - 255 area one more time...

Just My Opinion

Good Luck All

Or maybe 194 - 214 area !

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R & S , That Is All !...
  • #257,628
  • Jun 14, 2010 10:13am Jun 14, 2010 10:13am
Quoting gatorinla
one way to think about it. currency = labor

banks in ez are broke. the governments are baking the banks. so they guarantee the bad bank debt. the bad bank debt is the money that the banks loaned the governments. a shell game. so the ecb says it will back up the governments. another shell game.. so they print more currency as the labor availability demand goes down. unemployment up.. = less labor needed + added currency dilutes the labor and currency more. = disaster.
If I could only find every post of yours where you'e said this in the past...nothing has changed. this is a bounce and will be until we get our 2 steps forward to go 3 steps back. You were the one to teach me this, the banks made good money and threw it at bad by loaning money to countries like Greece, spain, portugal even france and Germany. The bankers will not get screwed. they hold the money no matter what. this is all just a matter of propping this thing up to allow the banks to get out before it's over..this bounce makes me believe this even more, the higher we go, the further we will fall

Great trade a little bit ago too PV!
  • #257,629
  • Jun 14, 2010 10:14am Jun 14, 2010 10:14am
Quoting Intensity
For real ? Do you have a link ? If so, I might override my hour limit and start trading again...
Just announced on Bloomberg TV - no doubt it will be all over the news in a few
Nothing worth having is easy.
  • #257,630
  • Jun 14, 2010 10:14am Jun 14, 2010 10:14am
Quoting Intensity
For real ? Do you have a link ? If so, I might override my hour limit and start trading again...
I saw this on dailyfx Twitter about 12 min ago.
Only expectation matters . . .
  • #257,631
  • Jun 14, 2010 10:15am Jun 14, 2010 10:15am
If, shortly after your post, you get your 2190, I will ask you to start prophesying regularly.


Quoting RebelRed
Lol no kidding. Wow.

Ok,um, I'd like to see 2190.
.:"If you do square work, you do not cut corners":.
  • #257,632
  • Jun 14, 2010 10:17am Jun 14, 2010 10:17am
direct drop towards 1.2206 and 1.2191 - 1.2175 would be my intraday favorite until next settings rules - looks as if it is set for some deeper sell off activities
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #257,633
  • Jun 14, 2010 10:17am Jun 14, 2010 10:17am
Moody’s downgraded Greece’s government bond ratings by four levels to Ba1 from A3. The outlook is stable, Moody’s said
  • #257,634
  • Jun 14, 2010 10:17am Jun 14, 2010 10:17am
Quoting Intensity
Were you short when it happened ? If so, congrats, that was a really nice move to catch
most definitely i was short. I'm out now because studies are oversold. waiting for things to normalize.
  • #257,635
  • Jun 14, 2010 10:17am Jun 14, 2010 10:17am
Quoting artofwar
This locomotive may be losing steam.

Thoughts?
depends if you're on the south or north bound train
  • #257,636
  • Jun 14, 2010 10:18am Jun 14, 2010 10:18am
Quoting Intensity
For real ? Do you have a link ? If so, I might override my hour limit and start trading again...
http://www.forexlive.com/112936/all/...reek-downgrade
  • #257,637
  • Jun 14, 2010 10:21am Jun 14, 2010 10:21am
Quoting tugabulls
Moody’s downgraded Greece’s government bond ratings by four levels to Ba1 from A3. The outlook is stable, Moody’s said


No matter how you look at it..."stable" is not the right word. lol


–adjective, -bler, -blest.
1.
not likely to fall or give way, as a structure, support, foundation, etc.; firm; steady.
2.
able or likely to continue or last; firmly established; enduring or permanent: a stable government.
3.
resistant to sudden change or deterioration: A stable economy is the aim of every government.
4.
steadfast; not wavering or changeable, as in character or purpose; dependable.
5.
not subject to emotional instability or illness; sane; mentally sound.
6.
Physics . having the ability to react to a disturbing force by maintaining or reestablishing position, form, etc.
7.
Chemistry . not readily decomposing, as a compound; resisting molecular or chemical change.
8.
(of a patient's condition) exhibiting no significant change.
  • #257,638
  • Jun 14, 2010 10:21am Jun 14, 2010 10:21am
Quoting Patience
Just announced on Bloomberg TV - no doubt it will be all over the news in a few
Thanks for the confirmation ! Looks like Greece is finally out of the equation and Spain & all will follow.




Quoting sed34
most definitely i was short. I'm out now because studies are oversold. waiting for things to normalize.
You're finished for today ?
  • #257,639
  • Jun 14, 2010 10:25am Jun 14, 2010 10:25am
Quoting uraceulose
http://www.forexlive.com/112936/all/...reek-downgrade
Thanks for the link !




Quoting uraceulose


No matter how you look at it..."stable" is not the right word. lol
Well, junk is already a very bad rank and it's quite difficult for a country to get lower... So the outlook is stable
  • #257,640
  • Jun 14, 2010 10:30am Jun 14, 2010 10:30am
Quoting tugabulls
Moody’s downgraded Greece’s government bond ratings by four levels to Ba1 from A3. The outlook is stable, Moody’s said

"Stable".... uh huh-right. Sounds like a word Trichet would use while the ship is going down.
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