Messages

Forum Index : Investments : Messages
Author: [Investments] Topic: Greece Sucks
cave0707 send a private message View Space | Blog | Friends | Playbook |
cave0707
Participation Meter
Veteran
Joined: Oct 2009
Posts: 1222
Location: United States
#1
Posted: 11/2/2011 3:04:46 PM
I swear, every time I make a move Greece comes out with some bad news ... AGAIN.  News driven market is a tough and volatile one to say the least so buying into the rally is recommended using extreme caution.  Keep your losses small as possible and tip toe quietly into the market as possible.  While all my long positions got murdered last three days I'm still holding out.  I can see this Nasdaq filling the gap soon enough but that's only if Greece doesn't come out with anything retarded like it did Monday. 
quote
2169 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Las Vegas Hotel and Casino |
2169
Participation Meter
Banned
Joined: Nov 2009
Posts: 10748
Location: Massachusetts
#2
Posted: 11/3/2011 12:00:45 PM
Are they gonna collapse?
quote
cave0707 send a private message View Space | Blog | Friends | Playbook |
cave0707
Participation Meter
Veteran
Joined: Oct 2009
Posts: 1222
Location: United States
#3
Posted: 11/3/2011 2:12:10 PM
At this point, maybe they should.  The other Euro zone countries keep throwing money their way and they're back to where they started six month later.  Unless there is some fundamental change in their structure, nothing will change with Greece. 
quote
wallstreetcappers send a private message View Space | Friends | Playbook |
wallstreetcappers
Participation Meter
Covers Linesmen
Joined: Feb 2003
Posts: 49632
Location: United States
#4
Posted: 11/3/2011 2:21:12 PM
Its pretty funny and pathetic at the same time, so Greece doesnt for now hold a vote on the EU deal and our markets rally 400 points in two days because of this?

quote
2169 send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Las Vegas Hotel and Casino |
2169
Participation Meter
Banned
Joined: Nov 2009
Posts: 10748
Location: Massachusetts
#5
Posted: 11/3/2011 4:26:39 PM
i'm ready for a sell off next week
quote
Rush51 send a private message View Space | Friends | Playbook |
Rush51
Participation Meter
Veteran
Joined: Jan 2005
Posts: 3883
Location: California
#6
Posted: 11/3/2011 10:43:02 PM
Get ready for 4 weeks of continued uncertainty.   Greece not set for a vote on the referendum until early Dec.    They had earlier scheduled a vote for early-Jan, but EU decided otherwise.

If Greece does default on its debt, this really could spin out of control very quickly and put some banks at real risk again.

quote
cave0707 send a private message View Space | Blog | Friends | Playbook |
cave0707
Participation Meter
Veteran
Joined: Oct 2009
Posts: 1222
Location: United States
#7
Posted: 11/4/2011 12:48:16 PM
What a mess
quote
Forum Index : Investments : Messages
You have entered the forum as a GUEST. 
You must login/register to post or reply.