Greek Deadline

Since: Jul 11

Location hidden

#1 Feb 9, 2012
The market continues to wait on the news of the next Greek bailout. Each day that something “might” happen, the market grinds higher. When that “something” falls flat, the market goes flat again. After an early slide this morning, the market received the headlines below from Bloomberg and resumed its pathetic, no volume, and zero volatility churn higher.

There was a “final” deadline LAST Friday; then another “final-final” deadline Sunday evening; then another on Monday; then (today) Wednesday there was the “final-final-final” deadline; and now there is another: Thursday is the latest “now-we-mean-it-for-realz” deadline, before the latest ridiculous summit where Eurocrats will convene to steal more national sovereignty on behalf of the banking mafia.

Will this newest deadline be met? Would it matter if they didn’t meet it?

TROIKA DRAFT GREEK ACCORD SAYS 2012 GDP TO SHRINK AS MUCH AS 5%
GREECE TO CUT MEDICINE SPENDING TO 1.5% OF GDP FROM 1.9% OF GDP
GREECE PLEDGES TO MERGE ALL AUXILIARY PENSION FUNDS
GREECE TO PLEDGE 20% CUT IN MINIMUM WAGE IN TROIKA DRAFT
TROIKA DRAFT GREEK ACCORD RENEWS PLEDGE TO CUT 150,000 EMPLOYEE
TROIKA DRAFT GREEK ACCORD PLEDGES 15,000 STATE JOB CUTS IN 2012
GREECE TO PLEDGE ACCELERATED LABOR, PRODUCT MARKETS REFORMS
GREECE PLEDGES PERMANENT SPENDING CUTS IN TROIKA DRAFT REPORT
GREECE PLEDGES NOT TO INCREASE SALES-TAX IN DRAFT REPORT

But no worries folks – the genius Eurocrats of the Troika exclaimed that Greece will actually believes Greece will “return to growth” in 2013. Yup, in less than 11 months Greece will be on its way to stellar GDP growth. Give me a break.

Trade well and follow the trend, not the so-called “experts.”
__________
Larry Levin
Founder & President - TradingAdvantageTM
http://www.tradingadvantage.com

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Day Trading Discussions

Title Updated Last By Comments
PB Traders looking for 8 to 10 Beta testers Jan '18 Anonymous 1
bckke bitcoin invest 0.04 btc return 2 btc in 3... (Oct '17) Oct '17 makebtc123 1
www.sfgtrading.com (Sep '12) Aug '17 tradr2b 2
Real Bitcoin Pay 0.1 BTC Return 9 BTC after 24 ... (May '17) May '17 makebtc123 1
Making More Income of Investments 80% daily for... (Apr '16) Feb '17 MegaHyipro 4
News The United States has more than 13 million mill... (Jan '17) Jan '17 Patrice 2
mark oryhon – professional strategies for trading (Jan '17) Jan '17 Anonymous 1