Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
very to the point--the only thing i can think of is mostly pensions are future related and deposits are money in hand now? germans were reported to be saying they would turn this down too.
taggard wrote:germans were reported to be saying they would turn this down too.
Really? Hadn't read that— are they objecting because it doesn't raise enough cash or are they rejecting 'cuz their dead-set on pissing off the Russians?
taggard wrote:germans were reported to be saying they would turn this down too.
Really? Hadn't read that— are they objecting because it doesn't raise enough cash or are they rejecting 'cuz their dead-set on pissing off the Russians?
i lost the citation but it was major media and focused on the idea that it was the same as ripping the deposits. in fact getting enough cash is the issue is my guess with any solution. again seeing a failure in cyprus as short term bad for the markets may turn out to be totally wrong. traders may watch and "if they cannot get them down take them up" in a way that makes little sense. mean while lets see if aapl nails the 50 ema daily and closes over it which is the first time since oct of last year. then we can maybe pick a fib of aapl as the high
TraderGirl wrote:This is Cobra's real time NYMO...higher low on last move down...
uempel--would you care to comment more on how you trade the ovals. for example you have been showing some very large ones with resistance in this general area. do you just assume the resistance holds first time and get short some way when you see such a major confluence? or do you modify this using shorter term stuff--i did see the fluctuating (i believe blue and green lines) which seemed (if i got this right)--yesterday to indicate trouble. thank you.
my self i like shorting epic overhead--but i also watch it set up on a 15 min too--the ideal short is a false breakout (at major overhead) from where i sit.
goes as planed. should be another push up, not necessarily to make a new high though.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
“Fifteen referees. I want fifteen referees to be at this fight because there ain't no one man who can keep up with the pace I'm gonna set except me.
There's not a man alive who can whup me. I'm too fast. I'm too smart. I'm too pretty. I should be a postage stamp. That's the only way I'll ever get licked”
[Muhammad Ali]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Seems like "Foreign depositors" can take the haircut and lose some (30-40%?), or they can NOT take the haircut and lose it all when the banks get wound up.
Would you say that's about the size of it?
taggard wrote:
Xian wrote:
taggard wrote:germans were reported to be saying they would turn this down too.
Really? Hadn't read that— are they objecting because it doesn't raise enough cash or are they rejecting 'cuz their dead-set on pissing off the Russians?
i lost the citation but it was major media and focused on the idea that it was the same as ripping the deposits. in fact getting enough cash is the issue is my guess with any solution. again seeing a failure in cyprus as short term bad for the markets may turn out to be totally wrong. traders may watch and "if they cannot get them down take them up" in a way that makes little sense. mean while lets see if aapl nails the 50 ema daily and closes over it which is the first time since oct of last year. then we can maybe pick a fib of aapl as the high