Sacrificial lamb.

Cyprus's Omirou says president has deal to discuss at Eurogroup

Crystal ball time.

Cyprus's Omirou says president has deal to discuss at Eurogroup

True indeed!

Moody's: Even with new deal, Cyprus could still default and leave the Euro

Hear hear!

Europe Has A Crisis — And It's Much Bigger Than Cyprus

Uninsured savings are paying for the failures of the Cypriot banking sector in general. So whats new. If you expect uninsured accounts to be respected during times of crises, I've a fertile plot in the Sahara to flog you. You think governments ...

Revamped Cyprus deal to close bank, force losses

Of course they will be pissed. Lesson: bank with a covered bank next time and pray and hope you still don't get shafted. Life sux, bub. Get used to it and move on. Don't start flailing about in the dark demanding major systemic changes just 'cos ...

Revamped Cyprus deal to close bank, force losses

What precisely mystifies you in getting a haircut in an uninsured bank? The fact that the government can dip into you pocket due to your stupidity or the fact that you seem to expect a get out of jail free card. Are you that stupid?

Revamped Cyprus deal to close bank, force losses

There you are. Common sense appears mental to you. What can I say other than good luck trading with that sort of understanding of the money game.

Revamped Cyprus deal to close bank, force losses

Who knows. Check your charts.

Moody's: Cyprus crisis is credit negative for all Euro sovereigns securities

So I guess you expect some sort of leg up each time you lose on a trade. Like the rest of life, one should choose ones banks wisely. Theres no guarantee that the mugs who run our countries and their institutions will know what the're doing.

Revamped Cyprus deal to close bank, force losses

Well, they were prepared to run with an uninsured bank (oh yeah, I know it was beeg). There's no second chances in the money game, bub.

Eurogroup Statement on Cyprus

Some numkins will be panicking somewhere.

Moody's: Cyprus crisis is credit negative for all Euro sovereigns securities

I wouldn't trade on these bozos sentiment, not in a month of sundays,

Moody's: Cyprus crisis is credit negative for all Euro sovereigns securities

Sense prevailed. If you weren't rich enough to use insured institutions, hasta la vista baby. This will probably only nobble a few small fry (together there obviously enough to help the bailout package.)

Revamped Cyprus deal to close bank, force losses

But correct. The markets are agnostic but rely on trust. Cheering the destruction of that trust, as a trader, is plain old dumb.

Cyprus and EU agree draft proposal to rescue banks

Nonsense. Very smart people will be advising the ECB of the risks to trust generally in levies without some form of exchange. The Germans depend on exports. Dry the banks of liquidity and they will be exporting cars for bananas.

Cyprus and EU agree draft proposal to rescue banks

This is a about trust by those who provide the liquidity that greases the wheels of global capitalism and its a big issue...for us, for example, who retail in trading. Frau Merkel needs to be given some smart advice, quick, quick.

Cyprus's Omirou says president has deal to discuss at Eurogroup

I expect nothing I simply let my charts guide me, all the while hoping that these dumbos will not mess with trust in the global system, over a few banks.

Cyprus's Omirou says president has deal to discuss at Eurogroup

As in preserving trust.

Cyprus and EU agree draft proposal to rescue banks

If the ECB did not relent in its absurd levy demands, you for one would be crying next week as the markets fragmented in turmoil.

Cyprus and EU agree draft proposal to rescue banks