Looks like closing out my short was a bad idea. I reopened it in the 1.328s. I knew I should've sold some in the 1.332s; the downward trend was...
NiN, it'll eventually kill the EUR. I'm reading more articles indicating that's the inevitable path. In the very short term though, PIIGS bond...
I completely closed out my EUR short going into the weekend. It's getting close to the point where they need to give Greece some money and I...
Clambill, I stopped trading in the stock market because it's well beyond sane levels. The PE ratios are nuts. The market's setting up for...
BOOM! What's the next major support level? 1.25?
I'm not comfortable with RUB; the other currencies are on my short list along with CLP.
Considering the way that PIIGS' bonds are being priced, I would expect the EUR to be sinking like a stone. Something tells me that there's a bit...
NiN, the PIIG missing now is Italy: Greek 2 year >13% 2 year Portugal bonds +70 bps to 3.56 2 year Ireland bonds +66 bps to 2.83 2 year Spain...
Greek bond spreads blew up on the European open this morning. And Irish bonds are taking collateral damage. Flight to quality as German bund...
For the housing price collapse, I started shorting several big mortgage players in Spring 2007 - it was just a little bit early but not by much....
I don't know if I'd call it a short squeeze; more of a short covering rally. That'd be the way that I would read the last two bounces off of the...
OPA!! http://www.urbandictionary.com/define.php?term=opa
Interesting read on it. I assume that the two critical levels would then be 1.36 (above would be bullish) and 1.3275 (below would be bearish)?...
Clambill, this Greek bailout is a Pandora's Box full of very bad consequences - most of which have not been accounted for in the marketplace yet....
Uh, all the news from here forward is bad. Unless they announce that EMU scientists have found out how to turn lead into gold. What positive...
I covered that piece of my EUR short. It's now guaranteed to gap down Sunday night.
Very nice call on your long. I'm impressed with today's rally; I fully expected it to fade by this time of day and close in the mid-1.32s. I...
Jax, that was less than 140 pips trough to peak on the rumor then confirmation of Greece making a formal loan request of the IMF and EU. And it's...
Clambill, In Dec, I went short both EUR and GBP against USD. I closed the GBP short as the Dubai problems faded into the background. I expect...
NiN, I've caught falling knives before. Anyone remember 3DFx? Ticker TDFX; I rode that one into chap 7, adding to my position all the way down....
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