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  • #597,441
  • Feb 20, 2012 1:14pm Feb 20, 2012 1:14pm
I do not get it. Why would anybody lend additional money to a bankrupt country? Greece is not the only one. Spain, Portugal and other will follow. This is a systemic problem.
  • #597,442
  • Feb 20, 2012 1:22pm Feb 20, 2012 1:22pm
Quoting Askandia
I do not get it. Why would anybody lend additional money to a bankrupt country? Greece is not the only one. Spain, Portugal and other will follow. This is a systemic problem.

I agree that is why most people feel it is just a matter of time until things fall apart regardless of what news comes out
  • #597,443
  • Feb 20, 2012 1:32pm Feb 20, 2012 1:32pm
Quoting Askandia
I do not get it. Why would anybody lend additional money to a bankrupt country? Greece is not the only one. Spain, Portugal and other will follow. This is a systemic problem.

Two years ago if greece would have defaulted it would have contaminated also other countries.

WHat they have done is letting bank etc sell there assets they have in the Piggs counties.

ALso the iggs counties have also taken some heavy austartie measurments to the change that they would have to default is alot smaller now then 6M 1Y or 2Y's ago.

I personally see greece going for a default after the elections and then leaving the EZ and buy the time we EZ has bought with lending Greece the money they have avioded (we all hope) the end of the Euro(for now).
Greece is only 2% of the EZ economy and has hardy anything of value left in an econimic way except for its tourism.

This all sucks for the Greece citizions but will most likely save the EZ.
  • #597,444
  • Feb 20, 2012 1:54pm Feb 20, 2012 1:54pm
waiting for filling the gap

Attached Image (click to enlarge)
Click to Enlarge Name: eurgap.gif Size: 15 KB
  • #597,445
  • Feb 20, 2012 1:56pm Feb 20, 2012 1:56pm
Quoting ccreative
waiting for filling the gap

Attachment
When do you consider the gap to have "filled"? When the price goes down to the price before the gap?
  • #597,446
  • Feb 20, 2012 2:01pm Feb 20, 2012 2:01pm
Quoting Askandia
I do not get it. Why would anybody lend additional money to a bankrupt country? Greece is not the only one. Spain, Portugal and other will follow. This is a systemic problem.
Good point Askandia. I would say they lend money to bankrupt countries because they create it out of thin air, and they bear no responsibility.
  • #597,447
  • Feb 20, 2012 2:05pm Feb 20, 2012 2:05pm
Just wondering why every body (almost) is waiting the gap to be filled!?
  • #597,448
  • Feb 20, 2012 2:05pm Feb 20, 2012 2:05pm
Mind the gap!
They think they are smarter than I am.
  • #597,449
  • Feb 20, 2012 2:09pm Feb 20, 2012 2:09pm
Quoting pepsi
Just wondering why every body (almost) is waiting the gap to be filled!?
I'm not. I just wonder what people mean when they talk about the gap "filling"
  • #597,450
  • Feb 20, 2012 2:19pm Feb 20, 2012 2:19pm
Very anemic movements. It's time to hire Rambo !
  • #597,451
  • Feb 20, 2012 2:22pm Feb 20, 2012 2:22pm
Quoting publicjud
I'm not. I just wonder what people mean when they talk about the gap "filling"
from close last fri till open sun afternoon price is so different it created a gap in the charts. traders when talking about gap filling they are making reference to the price coming back to the fri close to fill the gap.
  • #597,452
  • Feb 20, 2012 2:25pm Feb 20, 2012 2:25pm
Quoting timandrobin
from close last fri till open sun afternoon price is so different it created a gap in the charts. traders when talking about gap filling they are making reference to the price coming back to the fri close to fill the gap.
Thanks. That's what I figured!
  • #597,453
  • Feb 20, 2012 2:32pm Feb 20, 2012 2:32pm
Aie angry vs Teheran. Heating oil go up.
  • #597,454
  • Feb 20, 2012 3:02pm Feb 20, 2012 3:02pm
Quoting ccreative
waiting for filling the gap
Why "the gap" has to be filled?
It's another newbies myth to believe in a right holy grail system...
Gap is a gap, it happens often after weekend when your broker "opens" late when other brokers are already trading.
Nothing to be so excited.
Read Charts - Not Papers
  • #597,455
  • Feb 20, 2012 3:11pm Feb 20, 2012 3:11pm
Looking at the forex markets i keep wondering how euro can be up when an armada of warships floats around it, nobody sells oil to europe anymore and half of the countries are broke.
  • #597,456
  • Feb 20, 2012 3:12pm Feb 20, 2012 3:12pm
Quoting ccreative
waiting for filling the gap

Attachment
London Underground...please mind the GAP!!!!
  • #597,457
  • Feb 20, 2012 3:15pm Feb 20, 2012 3:15pm
Quoting halkins
Nothing to be so excited.
It just means that if I would have to gamble if the next 85 pips are up or down, I would say 98% chance it is down, 2% chance it is up!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #597,458
  • Feb 20, 2012 3:17pm Feb 20, 2012 3:17pm
Let's pray for the market, it seems it is totally dead
  • #597,459
  • Feb 20, 2012 3:23pm Feb 20, 2012 3:23pm
Quoting KillerWhale
It just means that if I would have to gamble if the next 85 pips are up or down, I would say 98% chance it is down, 2% chance it is up!
and just for gambling sake i would say it's 90% to be up and 10% to go down !
  • #597,460
  • Feb 20, 2012 3:23pm Feb 20, 2012 3:23pm
before goes up again will see a slow move down (50-70 pips till .3185)
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