{quote}get some sleep bro, have a good weekend...
.... have a good one ...you toosisse
Pending conversations? PM for a chat...I am mainly in OTM now
The Really Useless Thread
- #141,481
- Jun 24, 2016 4:06pm Jun 24, 2016 4:06pm
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
.... have a good one ...you toosisse
- #141,485
- Jun 25, 2016 7:26am Jun 25, 2016 7:26am
- Joined Jun 2008 | Status: Trader | 1,739 Posts
Brexit is only the first domino - this could get very interesting- Can I suggest you all apply to join th new British Empire LOL. There will be too much tension to hold the EU together. It will collapse within the next 10 years. http://www.shtfplan.com/headline-new...7t+Warn+You%29
- #141,487
- Edited 2:16pm Jun 25, 2016 10:29am | Edited 2:16pm
- Joined Feb 2006 | Status: Trader | 1,718 Posts
- #141,488
- Jun 25, 2016 3:10pm Jun 25, 2016 3:10pm
so many stories, almost all of them star with "I lost my business". "I lost my job" or "my friend told me how to get money".. I have the same story)
and about pub.... I also want to the pub..hope soon I'll be there enjoying cold beer..
I have the same story) and about pub.... I also want to the pub..hope soon I'll be there enjoying cold beer..
{quote} Texting from the Pub but I am not going to hold for much longer
Any thoughts on adding a G.U exercise in the mix? Thought it might give interesting to see two sides of the same coin play out.
As always, appreciate everything here.
- #141,490
- Edited 2:50am Jun 27, 2016 2:35am | Edited 2:50am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
--> As expected large gaps in Sterling and too lesser extend Euro on Europe descending into political turmoil. The moves looks less impressive because of the size of the moves we had on Friday but the board in general looks awfully bearish.
--> While the UK entered in a huge vacuum of power and the rest of Europe try to kick out the UK as soon as possible only by the maturity of Merkel and Germany to handle the crisis so far hasn't descent into international political chaos. Not sure how long it will last as politicians are in some cases crossing the line of 'normal' disagreements between what it looks set for a messy divorce.
--> Key Brexiters politicians has already backtracked in most of the promises (mostly shameful lies) as populism start facing reality of what is about to come, Scotland in full swing to be the king maker in the next few months, the rest of the EU in disbelief, angry and annoyed with England.
--> More importantly, while politics are in the headlines of the mass media, contingencies and exit plans already taking place in the City and key EU companies headquarters.
--> As expected in the domino, the first one to run will be the banks and services that depends on the EU and don't have an interested in the UK local market (most US banks) and the race to grab the seats is in full track. Frankfurt, Amsterdam, Dublin and to lesser extend Paris (French just shoot themselves in the foot on grabbing this pie as taxes are scandalous high).
-> The size and impact these companies are talking looks rather scary for the UK but as long as the masses keep distracted discussing politics, most wont see the it happening until the impact trickle down to their pockets in a few Quarters...
For those interested in where money is heading ...follow the price of Beer (From Reuters good article here ):
--> However, the most important issue from the weekend come from the opening. European Equities are a ticking bomb that looks ready to blow. DAX losing 5300.x (FTSE 6000.x) as early as this week unlock a major wave down across Global Equities and complete at least the initial short term correction of -15%/-20% that is expected from the UK.
--> Like usual since 2008 CBs are the only ones that will prevent disorderly panic moves. However with all CB's across world, overextended in low [negative] rates and loose monetary policy there is very little firepower in the arsenal and firing on with Equities still holding in normal levels seem a bit of a waste. Expecting sharp and short-lived spikes as we take key support in world equities and we enter deep in the summer.
--> On the currency board, nothing new with maps already in play and settle. Mid term legs in play, nearly completed in some cases, and/or completing in others so there is not much to add so no changes with same levels, same trades, same all...
Lots of action and opportunities across the board with great trading opps for all tastes with major Q closes this week that will settle portfolios and macro positions till the end of the year.
sisse
--> While the UK entered in a huge vacuum of power and the rest of Europe try to kick out the UK as soon as possible only by the maturity of Merkel and Germany to handle the crisis so far hasn't descent into international political chaos. Not sure how long it will last as politicians are in some cases crossing the line of 'normal' disagreements between what it looks set for a messy divorce.
--> Key Brexiters politicians has already backtracked in most of the promises (mostly shameful lies) as populism start facing reality of what is about to come, Scotland in full swing to be the king maker in the next few months, the rest of the EU in disbelief, angry and annoyed with England.
--> More importantly, while politics are in the headlines of the mass media, contingencies and exit plans already taking place in the City and key EU companies headquarters.
--> As expected in the domino, the first one to run will be the banks and services that depends on the EU and don't have an interested in the UK local market (most US banks) and the race to grab the seats is in full track. Frankfurt, Amsterdam, Dublin and to lesser extend Paris (French just shoot themselves in the foot on grabbing this pie as taxes are scandalous high).
-> The size and impact these companies are talking looks rather scary for the UK but as long as the masses keep distracted discussing politics, most wont see the it happening until the impact trickle down to their pockets in a few Quarters...
For those interested in where money is heading ...follow the price of Beer
(From Reuters good article here ): --> However, the most important issue from the weekend come from the opening. European Equities are a ticking bomb that looks ready to blow. DAX losing 5300.x (FTSE 6000.x) as early as this week unlock a major wave down across Global Equities and complete at least the initial short term correction of -15%/-20% that is expected from the UK.
--> Like usual since 2008 CBs are the only ones that will prevent disorderly panic moves. However with all CB's across world, overextended in low [negative] rates and loose monetary policy there is very little firepower in the arsenal and firing on with Equities still holding in normal levels seem a bit of a waste. Expecting sharp and short-lived spikes as we take key support in world equities and we enter deep in the summer.
--> On the currency board, nothing new with maps already in play and settle. Mid term legs in play, nearly completed in some cases, and/or completing in others so there is not much to add so no changes with same levels, same trades, same all...
Lots of action and opportunities across the board with great trading opps for all tastes with major Q closes this week that will settle portfolios and macro positions till the end of the year.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #141,492
- Edited 4:42am Jun 27, 2016 4:05am | Edited 4:42am
- Joined Jun 2008 | Status: Trader | 1,739 Posts
- #141,493
- Jun 27, 2016 4:36am Jun 27, 2016 4:36am
- | Joined Jan 2015 | Status: Zaedno pravi sila. Cosmos e za nas. | 1,932 Posts
- #141,494
- Jun 27, 2016 4:50am Jun 27, 2016 4:50am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
But who will dare now to pull the trigger ? What are the odds of Art.50 never being triggered by the UK ? How can this possibility affect the markets/expectations ? So far, this referendum is a non-event till this article hasn't been triggered... Is there an exit door ? So far, I don't see one, but who knows in a few months...
in any case: johnson and others claiming "the activation of 50 art. can wait and who knows if its necessary" - just showing how unbelievable political rats they are - they wanted to lead the nation somewhere but they are completely incompetent! the worst case scenario is gonna be if nothing happens - it basically means the death of democracy in Europe as the economic and political status quo is unchangable via democratic procedures as the sovereign does not have any more the right to change the economic and political constelation - and in democracy he has to have that no matter if he uses it to his advantage or disadvantage - its the core - only limit being the human rights - but the potential end of democracy is something Ive been thinking since the greek bail-out referendum.
