Watching the crash live as it happens

Discussion in 'Markets & Economies' started by aleks, Apr 11, 2014.

  1. aleks

    aleks Well-Known Member Silver Stacker

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    shcomp down 5% after a big swing yesterday :)

    Long term chart:

    [​IMG]
     
  2. leo25

    leo25 Well-Known Member Silver Stacker

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    yea been watching this throughout the day. Some big moves down.
     
  3. aleks

    aleks Well-Known Member Silver Stacker

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    FT is reporting Greece has capitulated and wants to do a deal

    http://www.ft.com/fastft/353421
     
  4. systematic

    systematic Well-Known Member

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  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Again, giving hope to the markets in the lead up to the refo
     
  6. aleks

    aleks Well-Known Member Silver Stacker

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    Yep the germans are saying no more negotiations until the referendum
     
  7. leo25

    leo25 Well-Known Member Silver Stacker

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    WOW Asian markets down again today. Shanghai Stock Exchange down over 5% today again! That's around 30% down in 3 weeks.
     
  8. bull_bear

    bull_bear New Member Silver Stacker

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    Latest (from newspaper reports)

    - The daily allowance of cash from many ATM machines has already dropped from 60 to 50, purportedly because 20 notes are running out
    - The financial contagion is spreading fast as petrol stations and small businesses stop accepting credit cards
     
  9. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    This past week of chaos in Greece will assure a Yes win on Sunday I dread, playing right into the hands of the EU and IMF as Tsipras and Varoufakis become footnotes and a technocratic government is installed until elections can be held again.
     
  10. openeyes

    openeyes Well-Known Member Silver Stacker

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    Feels like a yes vote could easily be the result. What a crazy world this is.
     
  11. aleks

    aleks Well-Known Member Silver Stacker

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    Shanghai composite today

    [​IMG]
     
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    [​IMG]

     
  13. col0016

    col0016 Active Member

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    Short term pain or 40 years of austerity?
    Didn't they vote in this government to end this crap?
     
  14. aleks

    aleks Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=g3YF38exVNo[/youtube]
    Good indepth interview with Varoufakis, 18 minutes long
     
  15. aleks

    aleks Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=3oZtPK6hqLU[/youtube]

    Must watch, flashback from the past. For what it's worth Jeffrey Sachs is now saying Greece should vote NO, and default.
     
  16. aleks

    aleks Well-Known Member Silver Stacker

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    Get your popcorn ready, Greece is awake and polls are open, exit polls when voting closes is about 2am australian eastern time I think. Oh how I can't wait to see the reaction from Merkel and Schaeuble if NO gets the majority.
     
  17. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Pass the doritos
     
  18. aleks

    aleks Well-Known Member Silver Stacker

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  19. Askari

    Askari Active Member Silver Stacker

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    Given how the 'yes' camp caught up this week I'd be quite surprised to see a 'no' outcome though...
     
  20. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    The yaya army will be out in full force believing they will be protecting their pensions with a yes vote
     

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