iscipline & patience Trader
- #712,544
- Oct 30, 2012 4:12pm Oct 30, 2012 4:12pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
- #712,545
- Oct 30, 2012 4:13pm Oct 30, 2012 4:13pm
- | Joined Jan 2012 | Status: Аdministrator | 1,215 Posts
- #712,550
- Oct 30, 2012 4:29pm Oct 30, 2012 4:29pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
Check tomorrow economical calender and the events expected - maybe it will give you a hint ...
) did someone start another spain bailout rumor?
- #712,555
- Oct 30, 2012 4:47pm Oct 30, 2012 4:47pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
which data will be .eu positive? (honestly, i don't have clue...
Eurogroup To Discuss 2-Year Extension For Greece
From forexlive.com
-Discussion to take place on conference call scheduled for Wednesday -Seven euro area states are still skeptical on giving more aid -Headlines from MNI, citing sources.
I think , the Greeks already secured the 2 years extension
"It's the Margin, Stupid."
There is two bonds auction that will give some sentiment , but the kicker tomorrow will be that:
I think , the Greeks already secured the 2 years extension
oh please let that happen!) and greece gets really weaselly again, the money will likely get paid. of course the greeks will do what greeks do best which would be: not implement it and lie about it ... but, that's too far in the future to matter.so, that might help some. i just don't think it will be as easy to push the mkt around tomorrow when liq returns to normal... also, there may be a kind of negative after-effect: sandy wasn't nearly as bad as expected (est 10 billion v. 80 billion for katrina) a lot of other things that could have gone wrong didn't .. could all have a positive effect on equities
but to me, news and data are a wash. my main feeling is that price went much higher today than it should have, and tomorrow will be give-back day.