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    • FibbinArchie replied Sep 28, 2012

      voila, zee rumour mill... Whispers resurface that Spain could ask for bailout as soon as today By Jamie Coleman Every hurdle comes with a bailout rumor. Earlier this week there was talk the request could come after the budget was unveiled. Today ...

      The Really Useless Thread
    • FibbinArchie replied Sep 28, 2012

      100% agree on the longer term fundamental view.. but you know me, just looking at intraday sentiment shift to test technical levels.. 2750ish being dbl top high from june... edit- also base of demand zone on daily from earlier this month... still ...

      The Really Useless Thread
    • FibbinArchie replied Sep 28, 2012

      was gonna take 2950-60, but looked at the h1 / h4 and figured 2970, spike high res on a couple of occasions, hey ho, may get a second bite... if moodys do actually dg spain it could turn into a full on, risk-off, capitulation friday, unlikely to ...

      The Really Useless Thread
    • FibbinArchie replied Sep 28, 2012

      fresh in from the wsj- Markets are braced for the chance that Moody's Investors Service could downgrade Spanish government debt to junk status after the markets close Friday, as the rating firm's timeline to decide on the matter ends this month. In ...

      The Really Useless Thread