Know Your Greeks!

Discussion in 'Trading' started by shortie, Feb 10, 2010.

Positive Greek Bailout News Will Send SPY

  1. +3%

    3 vote(s)
  2. +2%

    4 vote(s)
  3. +1%

    2 vote(s)
  4. Flat

    2 vote(s)
  5. -1%

    1 vote(s)
  6. -2%

    0 vote(s)
  7. -3%

    2 vote(s)
  1. I am assuming EU will bail out Greece. This seems like a major pending news in the next couple of days based on Tue spike on the rumor.

    How would predict US market to react to the actual news? Is the positive news already priced in?
  2. The main question is what type of bailout

    I think it won't be type of bailout AIG got
    Germany will bailout Greece.
    If anyone expects free money for all again - it won't happen

    They might guaranty debt but forbid to issue new debt
    Or they might just guaranty food supplies like for Haiti

    Although market will probably rally 5%+. As it's all hype
  3. S2007S


    If you missed this take a listen to it, santelli was on the money with this.....

    aside from that, everyone and everything is getting the bailout....

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    </object> [/B][/QUOTE]
  4. the market is weak again. it is about time they started to release positive market moving Greek rumors again. maybe THEY are waiting for a dip...