... — Right you are sir. We are ranging sideways since 16th Oct. But I wouldnt call todays ranges special. During this period, we experienced one very sick spike at 20.10., marked in white. But indeed, while NY opened today, that spike up and ...

EurAnalysis

.... — Yepeee, I have a voucher . Going to celebrate with a glass of port wine. Thanks PT. Tom

EurAnalysis

... — As there are no charts here, take a look at mine. Interesting point are those two dotted yellow lines, which somehow create ressistance now. Price really likes ranging here during this peak. T

EurAnalysis

.... — Wut? Noone does that! . Well, thats what I did as a final work at University. Tuned technical usage of Stoch, MACD and couple of MAs on Equity markets, so it seemed it is producing 70% profit a year. And I passed, what a surprise. T.

EurAnalysis

Nice jokes guys. You are really improving my evening.

EurAnalysis

... — Hmm, I will give you roboguys another point of view. Backtesting has only very limited outcome, as market evolves and noone was able to build a bot which works in long term. If he did, he would already dominated world. So point of ...

EurAnalysis

... — Lol, now that was a nice one.

EurAnalysis

... — Dont fade my Maltian friend, someone can hear us and tell others. Words have power, and however little is ours, it can grow and flourish if we take care. Yea, but liquidity is the problem here. They have loads of capital, they are rich ...

EurAnalysis

... — Which again takes us to liquidity issue as they will not be able to raise capital themselves as they will be all recapitalizing. I like the way we are heading, so lets move it a bit further before the bell in 15 mins. So you have these ...

EurAnalysis

... — What a nice overview. I am with you especially in this part: Let her collect stops. T

EurAnalysis

... — Weeeell, in that case this cushion can never be used and is totally useless. Everytime they experience any default thay have to take loss from the cushion and they will need bailout everytime? No way. If there is a case when there is a ...

EurAnalysis

... — Hehe, not at all. I know they are only incompetent bastards who care only to be elected. But as an economist, I need to analyze what are they doing and eventually find holes in their statements. And I see an emental right now. T.

EurAnalysis

... — Nono, other way around. They already have cushion of 8%. If they default 0,5% of greek bonds + 1% for derivatives, they still have 6,5% of cushion left for Spain etc. T.

EurAnalysis

... — I aint talking about haircut. I say: Bank has a mandatory cushion of 8% of its capital. If it completely deletes Greek bonds (100% haircut), it only affects 0,5% of its assets. So no additional cushion is necessarry. No change of rules ...

EurAnalysis

... — Thx PT, I somehow managed to miss these news in the flood of BS news. Anyway, while I read it, it seems like a complete mumbo jumbo. Correct me if I am wrong, but Basel II Tier 1 was build exactly for this case! For the case of credit ...

EurAnalysis

... — Ok, noone answered me, so I answered myself by thinking. 8% Is total accumulated risk in credit and operational means. Greek debt pushes total risk above this limit and therefore bank doesnt meet Basel II needs. I checked 2 of the ...

EurAnalysis

... — PT, I have been examining a bit that Basel II. This is tier 1 pdf, if some of you are interested, but it is a very sick one reading and I didnt read it, just ctrl+f: url Anyway. Minimum capital requirements for Tier 1 are 8%. Tier 1 is ...

EurAnalysis

... — I was playing some more with those exponential trendlines in an attempt to tell when we are going to spike up (or down , but I see up more likely). And I accidentaly discovered Jupming Skeleton Fish pattern. Where will skeleton fish ...

EurAnalysis

.... — Last week I would say 1,366 is bottom level for the bulls. And it remains strong support. Now I am waiting for similar levels like you. I expect retest of 1,4 (something like 1,398 - 99) and then correction to zone you defined as ...

EurAnalysis

... — I made one example. It is not as precise as I would like to, as there are no exponential lines in MS paint. What a surprise. Anyway I did my best in painting it and here is an example of descending quadratic trendline combined with ...

EurAnalysis