TUESDAY SEPTEMBER 27TH 2011. 10:30 AM london time. 2 days in from the idea and rumour. no money no bailout no nothing as of yet.
been long fixed income on and off for most of this year. dont trade stocks. too many bulls for my liking. fading the ecb and eu has been very profitable this year. its the most consistent trade out there. starting to load up with calls for inevitable under delivery by the eu/ecb
WEDNESDAY SEPTEMBER 28TH 2011. 06:54 AM london time. 3 days in from the idea and rumour. no money no bailout no nothing as of yet.
THURSAY SEPTEMBER 29TH 2011. 08:22 AM london time. 4 days in from the idea and rumour. no money no bailout no nothing as of yet. german vote later - apparently a done deal. various eu officials flying around discussing nonsense. we are no nearer the end of this bullshit than at the beginning of the year.
what about this business of Troika deciding if Greece should get more money or not? I heard that was today too. Anyone know what time it is supposed to be announced?
the greece will get money, eurusd will skyrocket to over 1.40 after 2 months, we'll realize greece needs 2x more money vs Sep 2011. when germans will have to pay 10x more than currently, the european system will collapse. someone has to feed 60 mln italians, 40 mln spaniards and 50 mln ukrainians.
Of 611 lawmakers present, 523 voted in favor, while 85 voted against it. Only three lawmakers abstained, meaning that Germany in the future will be guaranteeing loans to the bailout fund, the so-called European Financial Stability Facility, or EFSF, of up to euro211 billion, rather than euro123 billion so far. OH WOW - WHAT A DIFFERENCE THIS IS GONNA MAKE