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Here Comes The Next Leg To The Insane YoYo Formation

Submitted by Tyler Durden on 06/03/2011 09:37 -0400

Greece

Just out on Bloomberg: GREECE SAYS EU-IMF REVIEW COMPLETED POSITIVELY

Of course, since this is merely another lie, nobody cares, but the robots will likely go nuts with the EURUSD any second.

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Fri, 06/03/2011 - 09:39 | 1335612 hugovanderbubble

Ive told sir.

Fri, 06/03/2011 - 10:05 | 1335729 Zedge Hero

Greece, Spain, PIIGS, US, Japan, We are all screwed.

http://www.youtube.com/user/zedgehero

Weekly News update on the whole mess inspired by the likes of Zero Hedge, let me know what you think.

Sat, 06/04/2011 - 08:23 | 1339002 Loose Caboose

Two thumbs up. Great work!

Fri, 06/03/2011 - 09:43 | 1335616 King_of_simpletons

Why bother about Greece when this country has enough problems ? Greece getting a tiny bailout is not going to solve the gynormous shitpile we are in.

Fri, 06/03/2011 - 09:40 | 1335619 Tyler Durden

Nothing can solve that. It's too late.

Fri, 06/03/2011 - 09:44 | 1335648 augie

I think its time for a "YoYo formation" tag

Fri, 06/03/2011 - 09:49 | 1335683 buzzsaw99

word.

Fri, 06/03/2011 - 10:23 | 1335798 jus_lite_reading

TD did you hear about Greeces PM being accused of treason???

edit: here

http://fiatsfire.blogspot.com/2011/06/fukushima-fry-day-redux-m63-earthq...

Fri, 06/03/2011 - 10:36 | 1335884 Hephasteus

Someone should invent a word for not being able to solve something. Like insoluable or insolvent or something.

Fri, 06/03/2011 - 10:52 | 1335978 The Fonz

batshitcrazyclusterfuck? Also WTFBBQFISHSTICKS!

Fri, 06/03/2011 - 10:58 | 1335997 Fedophile

Adj. 1.

unsolvable - not easily solved; "an apparantly insolvable problem"; "public finance...had long presented problems unsolvable or at least unsolved"- C.L.Jones

insolvable, unresolvable, unsoluble

insoluble - admitting of no solution or explanation; "an insoluble doubt"

http://www.thefreedictionary.com/unsolvable

Fri, 06/03/2011 - 12:27 | 1336388 leonard1234

Hey Tyler did you notice Glenn Beck's "news site" linked to you?

http://www.theblaze.com/stories/the-ominous-job-growth-chart-that-will-make-your-jaw-drop/

Fri, 06/03/2011 - 15:31 | 1337214 fuu

Wow his comment section is like a cross between Little Green Footballs and the Fark politics tab.

Fri, 06/03/2011 - 09:48 | 1335654 Mike2756

Nonsense! Only 10T more and we'll be home free.

Fri, 06/03/2011 - 09:50 | 1335668 SheepDog-One

All hinges on Greece minute to minute and some tiny nonsense 'bailout', just ridiculous.

Fri, 06/03/2011 - 10:12 | 1335760 ethnik

Situation in Europe with Greece its like to be at gas station. Everone wants to relieve-default Greece with one cigaret but everything is soaked in petrol. Europe? who is next?

Fri, 06/03/2011 - 10:24 | 1335814 jus_lite_reading

I love it! Nice analogy...

Fri, 06/03/2011 - 09:44 | 1335622 jkruffin

What a complete scam the Euro is, half of their countries are in default. Reality will catch up soon enough.

Fri, 06/03/2011 - 10:01 | 1335730 fuu

Naw the Dollar is the scam.

Fri, 06/03/2011 - 10:18 | 1335800 jus_lite_reading

how about all FIAT IS A SCAM!!! GIVE ME GOLD BABY!

Fri, 06/03/2011 - 09:41 | 1335625 donpaulo

waiting for Godot

Fri, 06/03/2011 - 09:44 | 1335628 alien-IQ

fuck it. Tequila it is.

Fri, 06/03/2011 - 09:51 | 1335675 augie

lol you and baby_blythe should talk.

Fri, 06/03/2011 - 10:01 | 1335710 BobPaulson

Right on. Here in Mexico you can buy it on the roadside in 5 litre jugs for a couple hundred pesos.

Fri, 06/03/2011 - 10:04 | 1335748 Silver Dreamer

Ahh, fuck it indeed. A little Jameson while continuing to prepare always helps.

Fri, 06/03/2011 - 09:45 | 1335630 hedgeless_horseman

I knew it was a bad idea putting the joystix option on the eToro forex platform.

Fri, 06/03/2011 - 09:41 | 1335632 BobPaulson

Ignore.

Fri, 06/03/2011 - 09:42 | 1335637 hugovanderbubble

Im shorting euro with calm at these levels...with target 1.28-1.32

Fri, 06/03/2011 - 10:14 | 1335772 A Man without Q...

As crazy as it may seem, Euro could go much higher. The economic weakness, plus structure of the ECB make deflation more likely, monetization far harder and therefore cash to service the mountain of debts is harder to obtain.

Fri, 06/03/2011 - 09:43 | 1335646 dieyoung

positively for who exactly?

Fri, 06/03/2011 - 09:47 | 1335647 shushup

I would have to be the most unlucky person on the planet.

On a morning like this the 3 stocks I am short are all up this morning.

Fri, 06/03/2011 - 10:06 | 1335752 Iam Rich

Heh...that's just funny. Had to give you the +1.

Fri, 06/03/2011 - 10:08 | 1335651 Raynja

More debt will cure their debt problem

Fri, 06/03/2011 - 09:48 | 1335652 Ecoman11

Did anyone factor in the 200,000 Greeks about to storm Sygmata Square?

Fri, 06/03/2011 - 10:02 | 1335655 firstdivision

*dup*

Fri, 06/03/2011 - 09:48 | 1335657 Hondo

None of these entities have any credibility.....zero, nada....

Fri, 06/03/2011 - 09:49 | 1335661 firstdivision

Isn't that like testing HIV+? When are they going to inform Germany and France that they should have worn a condom?

Fri, 06/03/2011 - 09:45 | 1335662 donpaulo

waiting for Godot, methinks

Fri, 06/03/2011 - 09:46 | 1335664 SergeiTheBig

Fifteen men (Eurozone) on the dead man's chest (Greece) — Yo-ho-ho, and a bottle of rum!

As a result Greece goes Cuba Libre and proudly introduces a new long-term investment rating: GGG+

Fri, 06/03/2011 - 09:47 | 1335671 Dr. No

They have to lie in order to protect the public. Phew, I feel better.....wait?!

Fri, 06/03/2011 - 09:47 | 1335674 oogs66

It will be nice once they cave into Greece, then we can talk about Ireland!

Fri, 06/03/2011 - 09:48 | 1335677 Quinvarius

That is what the world gets in reaction to the USA dragging Greenspan out to shit on the Euro this AM.

Fri, 06/03/2011 - 09:49 | 1335685 hugovanderbubble

White House advisor Goolsbee says economy has faced serious headwinds but is creating jobs, private sector..

This Guy GOOLSBEE is a f.g liar¡

Fired him¡

Fri, 06/03/2011 - 10:01 | 1335716 gmrpeabody

No wait....

Promote him!

Fri, 06/03/2011 - 09:52 | 1335687 Byte Me

Amplifiers oscillate and oscillators amplify.

The Fed has added plenty of amplification, so the EUR/USD "rings" - but the dollar trend still looks downward..

Fri, 06/03/2011 - 10:00 | 1335726 rubearish10

Non-man ISM 54.6!! Yea, those new McDonalds sure can make a difference!

Fri, 06/03/2011 - 10:04 | 1335732 larynx

From a contrarian point of view i go now long greece 10Y bonds.

For about 1 week, or so...

Fri, 06/03/2011 - 10:07 | 1335745 Peter K

Socialism es muerte ;)

Fri, 06/03/2011 - 11:15 | 1336067 Reptil

Hasta la revolución! siempre..

Fri, 06/03/2011 - 10:06 | 1335750 Texas Ginslinger

Volatility is a beautiful thing to a trader.

BTFD…

Fri, 06/03/2011 - 10:07 | 1335756 youngman

We have to save Greece..so when they recover they can buy our Treasuries with all their excess cash

Fri, 06/03/2011 - 10:13 | 1335771 Itsalie

Yo yo suits the HFT, 1 ns response time can't be bettered, shanking the small time retail investors trying to go momo would be easy :)

Fri, 06/03/2011 - 10:14 | 1335775 AldoHux_IV

Translation: they figured out a way for the banks to divy up the rest of the country and move onto the next victim to rape. The only thing left is how to get enough police thugs to beat the peasantry into submission.

Fri, 06/03/2011 - 10:42 | 1335896 Stuck on Zero

That's good news Winthorpe "Buy! Buy! Buy!"

Fri, 06/03/2011 - 11:10 | 1336061 QEsucks

Bloomberg:GREECE SAYS EU-IMF REVIEW COMPLETED POSITIVELY FUCKED fixed it.

Here Comes The Next Leg To The Insane YoYo Formation

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