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So, Europe Is Fixed Again!! Referendum Is 'Basically Dead'
This is getting ridiculous. Citing a Socialist Party Official Dow Jones is reporting that "The Greek PM's Referendum Call is 'Basically Dead'!" Instant knee-jerk reaction is a 1% rally in ES and 75pip (UPDATE: 90pips!) rally in EURUSD.
The reaction is ebbing back now.
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I don't think it matters of it is dead or not. The bailout will not work. The can has been kicked so many times there is nothing left.
This is not much of a can as it is a ball leaking air. Previously they could kick the "can" and it would take a few months before the can showed up at their feet again. Now, it seems like its a ball with no air in it. Each kick nothing more than a few feet effective :-) That is why the spread of critical decisions has shrunk from months to weeks, and now from weeks to days leading to major volatility.
What really matters is who counts the votes
So I am China watching this...and I am thinking to myself........FUCKIE...lets build another fast train to nowhere...
All this is just sideshow.
Simply make sure you have your gold, lead, food, and water, and you will be fine.
I'm not sure even having those items in your possession (and I do too) will make us "fine". But we'll sure be better off than the rest of the slobs who spent the last of their paper dollars on an iPhone!
my name is duncan bannatyne and i have to say i'm ooout
HFT Computer headline sniffing "circuit jerk" reaction.
The computers are always in the front of the line, buying at the lowest low, selling at the highest high.
Silly Humans!
Reminds me on the hoax in spring "Gadaffi shot dead".
Who are these retard traders that bite on this crap. They must shit their pants when someone says boo!
Absolute bollocks.
I read G-Pap and his cronies visiting this sit emore recently:
http://www.wikihow.com/Get-Rid-of-Your-Bad-Reputation
There are still plenty of stocks / shares / fx/ TSYs that need to be sold. Gotta keep the prices up as much as possible to unload. The herd is abandoning ship.
FED announcement tomorrow?
I thought todays fade was due to MF and criminal element etc from Primary dealer.
Now we are talking about Greece again, as if that was the problem. Success in distracting the herd...
real news brings the market down, rumors and BS statements ramp it back up. Wash repeat.
How does a referendum matter? Either the people will abide the required austerity or they will remove the present government and install the communist regiem they so desire.
the rumor mongers and publishers understand what their comments will do to the market it's a good thing they aren't allowed to arb their statments/reports
Greek Socialist WTF but you do have to wonder what motivated Gpap - unless he had a come to Jesus moment something else is at work here
This game is making a lot of people a lot of money with these gyrations. They are gyrating off of the gyros and gathering the euros to spend on ho's and blow.
This shit is getting fucking unreal. What is even more funny is that the politicians are being exposed as the puppets they really are. This isn't about the Greek people, its about the banks and the rich elite. Oh well, history has proven time and time again that the peasants will rise and shit will hit the fan.
May be watching riot cams tomorrow. I bet a lot of Greeks wanted that vote and will be really pissed off that it was withdrawn.
Duck Season Rabbit Season Duck Season Rabbit Season Duck Season
I don't understand why this should rumor has any effect. Papa didn't want a referendum, but I think he is tired of the infighting and rioting. He wanted the majority to be on his side, or he wanted someone else to take the pressure for a while. Either way he wins. The voice of the Greek people will be heard referendum or no.