Evening all ..
Well the market is trying to show strength but every time it does, selling does come in.
Obviously not many want to be long the weekend with Europe not sure what it wants to do.
Over in Greece people are taking money out of the bank daily in small lots not to alarm authorities.
While the European Union want Greece to stay in the euro, Greeks are taking it for granted.
Until the Germans say piss off to the Greeks this poker game will continue.
Only then will Greece realise what there doing.
Sun, Beaches and ouzo days have to come to an end.
At the present time don't be fooled by the media reports regarding Greece.
Greece has money, but its better when your spending other peoples money.
I saw this movie once OPM I think it was call.(Other Peoples Money).
I don't for a minute denie that spending other peoples money is very satisfying.
Yet when its your hard earned your hand struggles to dip into the pocket to pay for things..(LOL)
Greece is in the exactly the same boat.
Its only my view but if the Germans do tell Greece to leave you will see a huge rally in both the Euro and the Stockmarket.
Don't believe this Armageddon crap which financial analysts ( clowns) are throwing out to the media.
A country of just 12 million people is hold Ransom the EU , not to mention world markets.
What a dam good bunch of poker players Greeks are .....(LOL, LOL,LOL)
Lets look at the market Tomorrow we have some nice negative which will put the fear of god into the bulls I think.
Also we have a mercury Square Neptune.
So anticipate bad news to be the theme for tomorrow.
How far the market trades lower will depend on if bears want to open new positions.
I don't see any new buy to come from the bulls tomorrow.
I think if 1305 goes we might be riding down to the 1290 level pretty quick.
Just my 5 cents worth.
As for the metals there was some hope there but its was false.
So they should continue falling away.
As I have stated before I think $1400 before $1600 is my view.
Coffee and Corn have taken a nasty hit of late, might be an opportunity to buy either Sep or Dec.
Cheers
Well the market is trying to show strength but every time it does, selling does come in.
Obviously not many want to be long the weekend with Europe not sure what it wants to do.
Over in Greece people are taking money out of the bank daily in small lots not to alarm authorities.
While the European Union want Greece to stay in the euro, Greeks are taking it for granted.
Until the Germans say piss off to the Greeks this poker game will continue.
Only then will Greece realise what there doing.
Sun, Beaches and ouzo days have to come to an end.
At the present time don't be fooled by the media reports regarding Greece.
Greece has money, but its better when your spending other peoples money.
I saw this movie once OPM I think it was call.(Other Peoples Money).
I don't for a minute denie that spending other peoples money is very satisfying.
Yet when its your hard earned your hand struggles to dip into the pocket to pay for things..(LOL)
Greece is in the exactly the same boat.
Its only my view but if the Germans do tell Greece to leave you will see a huge rally in both the Euro and the Stockmarket.
Don't believe this Armageddon crap which financial analysts ( clowns) are throwing out to the media.
A country of just 12 million people is hold Ransom the EU , not to mention world markets.
What a dam good bunch of poker players Greeks are .....(LOL, LOL,LOL)
Lets look at the market Tomorrow we have some nice negative which will put the fear of god into the bulls I think.
Also we have a mercury Square Neptune.
So anticipate bad news to be the theme for tomorrow.
How far the market trades lower will depend on if bears want to open new positions.
I don't see any new buy to come from the bulls tomorrow.
I think if 1305 goes we might be riding down to the 1290 level pretty quick.
Just my 5 cents worth.
As for the metals there was some hope there but its was false.
So they should continue falling away.
As I have stated before I think $1400 before $1600 is my view.
Coffee and Corn have taken a nasty hit of late, might be an opportunity to buy either Sep or Dec.
Cheers
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