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The Really Useless Thread

  • #55,541
  • Feb 8, 2012 5:05pm Feb 8, 2012 5:05pm
deal or no deal in athens?
SHOCK HORROR! NO DEAL!!

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  • #55,542
  • Feb 8, 2012 5:06pm Feb 8, 2012 5:06pm
no change on the short term chart...
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Look Sharp/Trade Tight
  • #55,543
  • Feb 8, 2012 5:07pm Feb 8, 2012 5:07pm
the greek ass lines are working for now
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  • #55,544
  • Feb 8, 2012 5:08pm Feb 8, 2012 5:08pm
Quoting FibbinArchie
deal or no deal in athens?
SHOCK HORROR! NO DEAL!!

http://www.youtube.com/watch?v=C_S5cXbXe-4&NR=1
UPDATE-

 

  1. One remaining issue requires further work and discussion with Troika
  2. Discussions with Troika to continue, hopefully to conclude ahead of EU meeting later today

  • #55,545
  • Feb 8, 2012 5:13pm Feb 8, 2012 5:13pm
Quoting FibbinArchie
UPDATE-

 

  1. One remaining issue requires further work and discussion with Troika
  2. Discussions with Troika to continue, hopefully to conclude ahead of EU meeting later today


fibby next year this time
  • #55,546
  • Feb 8, 2012 5:16pm Feb 8, 2012 5:16pm
Quoting FibbinArchie
UPDATE-

 

  1. One remaining issue requires further work and discussion with Troika
  2. Discussions with Troika to continue, hopefully to conclude ahead of EU meeting later today


the difference is 300 milion right now, they are going to be burning the midnight oil, expect a deal by morning..
Look Sharp/Trade Tight
  • #55,547
  • Feb 8, 2012 5:23pm Feb 8, 2012 5:23pm
Quoting PayTheLimit
the difference is 300 milion right now, they are going to be burning the midnight oil, expect a deal by morning..
give it to them u rich ass and we will be over the greece shitt
  • #55,548
  • Feb 8, 2012 5:24pm Feb 8, 2012 5:24pm
Quoting kill56
give it to them u rich ass and we will be over the greece shitt
lol...
Look Sharp/Trade Tight
  • #55,549
  • Feb 8, 2012 5:28pm Feb 8, 2012 5:28pm
Quoting PayTheLimit
lol...
2 days work from u no need to through 20 yards a day
  • #55,550
  • Feb 8, 2012 5:35pm Feb 8, 2012 5:35pm
time for a nap, bbl, gl, PTL...
Look Sharp/Trade Tight
  • #55,551
  • Feb 8, 2012 5:44pm Feb 8, 2012 5:44pm
Quoting kill56
fibby next year this time
sticking point is pensions apparently, talks continue, conflicting info coming out, eu almost back to pre news range..
  • #55,552
  • Feb 8, 2012 5:46pm Feb 8, 2012 5:46pm
Quoting PayTheLimit
the difference is 300 milion right now, they are going to be burning the midnight oil, expect a deal by morning..
300 mil? chicken feed in the scheme of things... 2nd tranche bailout equates to 130 bln (dats wit a B)...
  • #55,553
  • Feb 8, 2012 5:48pm Feb 8, 2012 5:48pm
Quoting gatorinla
a sub 67 close should be bearish 59 stronger. 53 should bring 3222
st tp was hit while away. but its indicated to hit 3209 still
those who can, do. those who cant, talk about those who can
  • #55,554
  • Feb 8, 2012 5:49pm Feb 8, 2012 5:49pm
i think we spend too much of our valuable time discussing what is unimportant. so i decided to reduce my posts to what is really important.

up
dreams do come true.
  • #55,555
  • Feb 8, 2012 5:54pm Feb 8, 2012 5:54pm
3300 barrier still there according to fxl, no mention of expiry time, they also mention large buy stops just above...
  • #55,556
  • Feb 8, 2012 5:55pm Feb 8, 2012 5:55pm
just one more thing i'd like to add before i go to sleep

up
dreams do come true.
  • #55,557
  • Edited 6:09pm Feb 8, 2012 5:57pm | Edited 6:09pm
Quoting gatorinla
st tp was hit while away. but its indicated to hit 3209 still
atm looking for weakness at 3258 68 or 71.. but hopefully closer to the risk at 85 or 87.. not symmetrical.. but r/r at 85 is about 3 pips + spread. for 74 pip reward min (3209)

on the bull side a break above could yield a less then perfect target of 3337 st min... the 3274 +- area is a mid of an old channel.. 50% channel mids are great for bounces. 3424 is the upper mofu of this channel. 3049 is the lower..
those who can, do. those who cant, talk about those who can
  • #55,558
  • Feb 8, 2012 6:06pm Feb 8, 2012 6:06pm
sick to death of this greece situation...

any thoughts on possible ecb rate cut tomorrow? or maybe even signal for next month?
  • #55,559
  • Feb 8, 2012 6:24pm Feb 8, 2012 6:24pm
Quoting FibbinArchie
sick to death of this greece situation...

any thoughts on possible ecb rate cut tomorrow? or maybe even signal for next month?
Greece will not be known till Sunday. if then...
German exports were down. i would think it boost the cut side a little.. that and once the adults realize the bailout is bailing out a country who owes over 100% gdp. with a shrinking gdp for it and other southern neighbors puts German exports further in question..
the bailout is now on paper, its going to hurt German exports. the reason Germany wants the euro in the first place is to help its exports. in this case, the euro because of the south, is being negativity affected. cutting rates may help its exports to the u.s. or Asia. but it will not help its exports to its most important buyer.... the emu members... more then 100% debt over gdp on a sinking economy. a leaking roof only gets worse.
those who can, do. those who cant, talk about those who can
  • #55,560
  • Feb 8, 2012 6:29pm Feb 8, 2012 6:29pm
Quoting gatorinla
Greece will not be known till Sunday. if then...
German exports were down. i would think it boost the cut side a little.. that and once the adults realize the bailout is bailing out a country who owes over 100% gdp. with a shrinking gdp for it and other southern neighbors puts German exports further in question..
the bailout is now on paper, its going to hurt German exports. the reason Germany wants the euro in the first place is to help its exports. in this case, the euro because of the south, is being negativity affected. cutting rates may...
this is the best scenario. it don't get any better then this. unless newt lets the ez export to the moon colonies.
those who can, do. those who cant, talk about those who can
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