Going well, home alone, wasting a bit of time, back on the farm.

EURUSD

The whole referendum thing is just silly, a domestic PR stunt by Mr. P. Everybody outside of Greece knows they have no choice.

EURUSD

You can't default without devaluing and they can't because they will still be in the EMU. They can only default if the EU will let them go back to the Drachma, and I don't see Germany and France agreeing to that if the Greeks pursue this direction.

EURUSD

The EU does not want to kick them out, that will tantamount to involuntary default and will trigger the CDS's with all the consequences for French and German banks. We are in a bit of a stale mate here, the EU still has the upper hand though. Even ...

EURUSD

The majority of the domestic debt is held by banks/pension funds and insurance companies, defaulting will push them over the edge, defaulting will also increase their rates when they come back to the market, only a subsidised controlled voluntary ...

EURUSD

The thing is though that there is no legal way to leave either the EU or the euro, they can't just say bugger off we go on our own. Post Lisbon, no country can unilaterally leave. The EU can kick them out, but they can't depart on their own accord. ...

EURUSD

I endeavour to catch a handful a day of those based on news/rumours/fundies, it sure adds up over a week.

EURUSD

Ah crap now you are telling me. I'd better cancel my news feeds and give back my terminal, saves me thousands a year. I will give Bloomberg and Reuters a call to tell them that they have build businesses worth hundreds of millions on mis ...

EURUSD

Not back at all. Said last month that when I had enough of the useless thread, that would be it for me and it is. Outta here again. l8r kids. For those proper traders that know that news and fundamentals drive the markets, the Greek parliament is ...

EURUSD

I paid my share of tax here over the last 2 years. Not contributing much anymore, was bored after not posting much in the last month so wandered back in for a short visit. Realised quickly why I kept away for the last month......

EURUSD

Doing a bit of muppet spotting, the !d!ots make it so easy nowadays.

EURUSD

OF course this 80 pip spike here has nothing to do with the latest Greek news, it is of course those 2 HF's as mentioned on the oracle of CNBC and ZH. Sure dude, I got a bridge I can sell you cheaply.... I can just see it happening, GS and DB make a ...

EURUSD

I stopped posting because of !d!ots like you. This thread hasn't changed one iota. l8r.

EURUSD

Sure, a couple of HF's got a few trillion laying around to move it in a straight 600 pip drop, nothing to do with fundamentals..... Italian bonds breaking 6%, Greece 1 year trading at 190%, nah nothing to do with fundamentals. Just a couple of old ...

EURUSD

As always you guys are swimming in the dark. Lemme see... Italy without a government, oh sh!t Greece without a government, oh sh!t Greece holding a referendum over the bailout sometime next year, oh sh!t Juncker calling for Greece to go bankrupt, oh ...

EURUSD

Not suprised at all, it filed for bankruptcy as I said on Friday, it did not survive the weekend.

MF Global

I'd be surprised if they survive the weekend. url url url If anyone here still has an account with them, close it before NY shuts tonight.

MF Global

Spot on.

Who is the best in trading? Men or women?

99% of the world? I wouldn't call a few dozen lazy feckers that have nothing better to do with their time 99% of the world. We need muppets like that, someone has to clean my pool and pick up the dogshit. I am all for cutting entitlements even more, ...

Essentially the world is protesting against YOU

Sorted. Have a good weekend y'all, I got what I wanted this week. Easy money.

The Really Useless Thread