The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
 | | 
11-01-2011, 12:06 AM
|
#5851 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
|
short MA morning asap Posted via RS Mobile | 
|  | |
11-01-2011, 12:16 AM
|
#5852 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,556
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
|
futures getting pwned
| |
| | |
11-01-2011, 01:06 AM
|
#5854 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
Good point:
Benedict Brogan, the Daily Telegraph's political supremo, says Greece's referendum move has really set the cat among the pigeons:
The worry is that the command of the Greek people to the EU might be to go stuff your austerity measures. Opinion polling shows that the Greek people are firmly against the package, a point underlined by the newspaper cartoons of Nazi-styled Germans forcing their medicine on Greece.
| |
| | |
11-01-2011, 01:51 AM
|
#5855 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
|
i love crooks. dont beat them. join them Posted via RS Mobile | |
| | |
11-01-2011, 04:31 AM
|
#5856 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
FAZ up 10% in premarket, yayyy! Let the whole market implode! FAZ is worst than gambling, it's gambling on other people's misfortunes. Right, so now, when will the wheels fall off the markets? Greece could default any hour now.
| |
| | |
11-01-2011, 05:14 AM
|
#5857 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
The markets here in Europe are in a state of panic, and for good reason. Over in America, I wonder what news the Fed meeting will bring.
| |
| | |
11-01-2011, 05:42 AM
|
#5858 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
|
If the first 10 minutes of trading are any indication, it's going to be an ugly day on the markets
| |
| | |
11-01-2011, 05:54 AM
|
#5859 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
The Greek PM is due to meet his MPs at 4pm GMT. Greece could be default by the end of today.
| |
| | |
11-01-2011, 07:05 AM
|
#5860 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
|
woohoo Posted via RS Mobile | |
| | |
11-01-2011, 07:20 AM
|
#5861 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
As perverse as this sounds, I wish Greece would default today and the market crashes. Get Greece out of the EU and start over. We're heading into a recession anyway, so this might be the trigger that is needed to get us there.
| |
| | |
11-01-2011, 07:24 AM
|
#5862 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
wow, not even a week after the "debt deal", the markets are tanking.....
| |
| | |
11-01-2011, 08:16 AM
|
#5863 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
sold my sinking POT a couple hours ago and did a direct exchange for FAZ. hoping to see it grow within the next couple days
| |
| | |
11-01-2011, 08:28 AM
|
#5864 | | I contribute to threads in the offtopic forum
Join Date: Apr 2001 Location: VAN/RMD/BBY
Posts: 2,595
Thanked 1,022 Times in 450 Posts
Failed 54 Times in 30 Posts
| Quote:
Originally Posted by DOHCVTEC  wow, not even a week after the "debt deal", the markets are tanking..... | lol few days ago i was worried i was holding too much cash (around 90%  ) in what seemed like a new bull market. now i guess i can close the books for 2011 and watch this whole charade unfold.
btw thanks. after reading some of the articles you posted yesterday, something made me want to sell my CSCO near market close. now it's down 5%.
| |
| | |
11-01-2011, 09:36 AM
|
#5865 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
|
hmm.... seems FAZ is sputtering
| |
| | |
11-01-2011, 09:38 AM
|
#5866 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
| Quote:
Originally Posted by SiRV sold my sinking POT a couple hours ago and did a direct exchange for FAZ. hoping to see it grow within the next couple days | Good luck! I will be holding my POT for a long time. You have more guts than me. I don't like holding FAZ for long as it moves incredibly fast.
| |
| | |
11-01-2011, 09:51 AM
|
#5867 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
Thanked 5,024 Times in 1,083 Posts
Failed 4 Times in 4 Posts
|
Rumors are flying that the Greece vote on bailout is "basically dead"
| |
| | |
11-01-2011, 10:01 AM
|
#5868 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
^placed a stop at $40.00... hopefully it doesn't have to go there
| |
| | |
11-01-2011, 10:03 AM
|
#5869 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
| Quote:
Originally Posted by no_clue hmm.... seems FAZ is sputtering | hmmm....this is how to get screwed...news doesnt come out the same for the public
greece shit.. fuck that
| |
| | |
11-01-2011, 10:14 AM
|
#5870 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by lime56 hmmm....this is how to get screwed...news doesnt come out the same for the public
greece shit.. fuck that | Watch out with FAZ. You have to literally be plugged into the news throughout the day. I'm doing some writing at the office, but in front of me I have live coverage pages from the Telegraph, Guardian, BBC, and the Reuters wire. It's intense work filtering through the news and the analysts to know when to buy/sell.
| |
| | |
11-01-2011, 10:55 AM
|
#5871 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
shit, it's nearly the close of the markets, should I sell FAZ today? Or hang on until tomorrow?
| |
| | |
11-01-2011, 11:01 AM
|
#5872 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
i'm holding!! hoping the world goes to shit
| |
| | |
11-01-2011, 11:03 AM
|
#5873 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
still holding FAZ......market sell off in the last hour? I'm hoping it all goes to shit too...
| |
| | |
11-01-2011, 11:15 AM
|
#5874 | | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
Failed 1 Time in 1 Post
|
From the BBC rolling coverage, for those of you who can't access the BBC Live webpage
1911: Reuters has published an analysis piece which says the impact of Mr Papandreou's announcement should not be underestimated. "Any hope of a year-end rally or even stabilisation of world markets have now been doused", Michael Dolan writes. He cites Paul Mortimer-Lee, from BNP Paribas, who says: "Try as we might, there is nothing good to be said about this decision as it affects markets and growth over the balance of this year".
1901: Still no word from Athens, more than two hours after PM George Papandreou went into a cabinet meeting to discuss the crisis. His decision - announced on Monday night - to call a referendum on last week's EU aid package shocked European leaders and led to calls for his resignation in Athens.
1852: "One of the misleading paths would be to assume that someone else will bail you out. Europe has to solve its own problems. The United States has to solve its own problems, and Japan has to solve its problems," Mr Zoellick said, AP reports.
1850: The president of the World Bank, Robert Zoellick, has called Greece's proposed referendum a "roll of the dice" that will heighten uncertainty in financial markets. "The world economy is still wobbly... and it could dip very quickly if momentum is not maintained and built upon," Mr Zoellick said.
| |
| | |
11-01-2011, 11:20 AM
|
#5875 | | Everyone wants a piece of R S...
Join Date: Jun 2006 Location: vancouver
Posts: 351
Thanked 45 Times in 30 Posts
Failed 8 Times in 8 Posts
|
bought some toyota and encana. Long term holding so not tooooooooo worried if it falls
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 08:34 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
