Tuesday, March 23, 2010
The stage is set for a showdown between Angela Merkel (left) and Jose Manuel Barroso, the European commission president, after the German chancellor said a bailout for Greece should not be on the agenda of this week's EU summit in Brussels. Barroso had called for the eurozone countries to use the two-day meeting to agree to a co-ordinated package of loans that could be quickly put in place if the Greek government decided it needed help to reduce its ballooning budget deficit. He warned that the financial markets were being unsettled by the lack of clarity. But Merkel said in a radio interview that Greece was not in danger of default and aid for the country would not be a topic at the summit, which starts on Thursday. "There's no looming insolvency," Merkel told Deutschlandfunk. "I don't believe that Greece has any acute financial needs from the European community and that's what the Greek prime minister keeps telling me." She said it was the persistent speculation about a possible bailout that was creating the volatility in the financial markets and warned against raising "false expectations" that other eurozone economies would come to Greece's rescue. The euro took a tumble last week, dropping to $1.35, amid all the talk about a possible bailout. "I don't see that Greece needs money at the moment and the Greek government has confirmed that. That's why I'd urge us not to stir up turbulence in the markets by raising false expectations for Thursday's council meeting," Merkel said. – UK Guardian
So, who is spinning here, Goldmen or Merkel or both?
Saturday, March 20, 2010
Over 4 years we have told you volatility will dominate markets for next 7-10 years, so, that what cannot be taken from you via taxing, will be taken away via markets. Hallelujah. If you need More proof of this after 62% down and 80% in 3 years, then just wait few more months , please. You need a map or you will be close to vomiting from all of these gyrations. Aha, you did not know, why market was taken down and up, do you? Yes, to take your money away. If you are not into conspiracy, I appreciate that and ask you please, think perhaps somebody may have interest in taking your money anyway?
Monday, March 15, 2010
This market is running on Mr Bernanke and "Easy Money Friends"(your money to be sure) Donations. But This bunch is not very good at donations and they tend to taketh what they giveth(:-. As soon as Momentum gives up, there are no legs, on which this market stands. Timing preserved for Subscribers. The only question is who are the last suckers? And remember, it could take , sometimes, inordinate time to find those.
Monday, March 08, 2010
Wednesday, March 03, 2010
Note: Market has topped 11:03 with a high 1124.75(:- !
This morning 01:00 ET , Subscribers Knew IHAP 5 was at 1124. See the picture for the rest. If you are not trading with this level of precision, see Fees & Services On the right and look for TAILORED SERVICE
Tuesday, March 02, 2010
Please note. These Graphs are known, 100s of years ahead. Yes, certainly to plan that far in advance a good thing, but certainly, it is great to plan one year ahead
Please Note, Chat Feature, at DotOrg->About_Boris->Chat_With_Boris for subscribers only at this time
Do hedge funds collude?