Exnavyew's Account Talk

["It (a default event) is on the cards, it's been on the cards for ages but the key is this: Greece is like a horse with three broken legs. The only discussion is about who is going to shoot it," Philippa Malmgren, founder of consultancy DRPM Group, told CNBC Europe's "Squawk Box" Monday.]

https://finance.yahoo.com/news/watch-greeces-endgame-sight-101211036.html

Is there any reason to believe that Greece is too big to fail? Just wondering what the rest of you think.

FS
 
Seems like the effect would be more psychological than 'real'. (I feel like, 'Hey Greece, default already and get it over with'...lol).
MY current nervousness is the market is at or near peak highs. Fear a sudden drop. Get out now and wait for a 'correction' type week(s)? Just plain don't know. :worried:
 
'As I was walking up the stair,
I met a man who wasn't there.
He wasn't there again today,
Oh, how I wish he'd go away.'
[h=1]- William Hughes Mearns[/h]
 
He's been alluding to this for a while. And given the average time frames for bull and bear markets, his speculations have given me pause. I hope he is wrong because I'd rather be trading in a bull market than a bear market any time.

Thanks for posting.

FS
 
He's been alluding to this for a while. And given the average time frames for bull and bear markets, his speculations have given me pause. I hope he is wrong because I'd rather be trading in a bull market than a bear market any time.

Thanks for posting.

FS


Stockman was the budget director in Reagan's administration and I recall an incident when he said something publicly that made the Reagan administration look bad. (early 80's) A magazine cover at the time showed him being 'taken out to the woodshed' by the chief of staff.
There's always gonna be doom-sayers I guess. Just plain hope he's wrong or at least I'm quick enough to get out before too much damage! Even if he's wrong it just seems like we're due for a 'correction' at some point. Good Luck trading always! :smile:
 
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