Greece walked away from the Nazi table and will exercise a bank holiday tomorrow, as well as implement capital controls. Bordering Macedonia is taking precautions as well. This is the end game for the Greek people. Very soon, they will be starving, en masse, as deflationary forces grip their heads into the vice of German machines.
The euro is down about 1% and the outlook for equity markets looks ominous.
But will Grandma Yellen and co simply sit back and watch these shenanigans without taking action? Will the good Dr. Benjamin Bernanke, in his dimly lit corner office at Citadel, sit back and watch his good work go to waste?
1. Forget about Fed tightening. It’s a ridiculous notion and will never happen when police are in riot gear trying to control fuckers who don’t want to pay their bills.
2. The ECB will be forced to print until their heads explode, to backstop any losses due to a Greek exit. Fuck all of you assholes who say “Grexit.”
The ECB has been giving money to Greece in order to keep their euro pipe dream intact. The biggest loser in all of this is Germany, giant fucking bagholders, ashtrays for the lazy giraffe eaters in Crete.
Dips will be bought.
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This is so bullish equities.
Yes it is. Whether it’s bullish sooner, or bullish later, is the only question here. As Fly says “The ECB will be forced to print until their heads explode.”
Sooner or later, equity markets worldwide will be awash in an ocean of cash. If only the world had as much clean drinking water as it has currency, that would be great.
Watch the bond market. The great rotation is nonsense.
The fact that the knee jerk reaction to almost any event is “bullish for equities” is downright scary.
Futures say otherwise.
Doubt we open down 325 Dow points tomorrow. We shall see.
$DB is going to go bankrupt this year. Will they be bailed out? Just watch.
Lehman 2 yeehaw
The eat giraffe in Crete?
I thought they eat Souvlaki and stuff like that.
The tail must be pretty chewy.
Looks like tomorrow is the time to buy QQQ calls.
I think we’re in for an hour or so of sheer terror until everyone says, hey, who gives a fuck about Greece anyway.
ENDGAME anyone?
Since /ES is the S&P, which of the 500 companies will be seriously effected by Greece?
More like, how did China know about this Greek thing going bad like a week or two in advance?!
Open flat tomorrow?
Are you smoking a honey bottle?
Lol! Remember “Cyprus Weekend”?
Actually I don’t remember Cyprus. You’re probably right. I just wanted to get you posting.
Maybe SSE bouncing off of the do-or-die 4100 mark will create a battle of the indices for the futures markets before our open tomorrow?! Probably still down, but should prove interesting.
China market crazy tonight.
Like panties when you play James Taylor music, this market is going to drop.
https://www.youtube.com/watch?v=EEcsp9AIQzY
I think it was Tom Jones that induced the panties to be removed at concerts (seriously). t.c. – I’m good either way, but will a stiff pullback (no homo) serve you best?
Tom Jones or Neil Diamond? I prefer the market to go up, but if we all get donkey punched, I’ve got a gold hedge left over from when Fly was a goldman last week.
https://www.youtube.com/watch?v=wTSLRbm8L9E
We need to get a bear party going here. Surely there’s a bunch of good tunes. I’m throwing out “Holy Diver” to start. Will try to think of another.
https://youtu.be/bkysjcs5vFU
Harvester of Sorrow – Moscow 91 – when a weird combination of heavy metal and Ronald Reagan defeated communism
https://www.youtube.com/watch?v=551_hC414UY
“Stone Cold Dead In The Market”… Ha ha! https://youtu.be/2HlK96kSNt0
Freddie King – “Going Down” https://youtu.be/V_ONyukSLqA
That track is fire son.
That shit is good.
We need to get much MOAR bearish mojo going tonight. “Tears” Stephanie Grappelli. https://youtu.be/-BjrrVH-4qk
I have no idea what that is, but it be good.
t.c. He teamed up with Django Reinhardt quite often. If you like him, you might also enjoy Joe Venuti.
Greek Drama All Week? How low & long will the dips go & last? Your lead Fly? This could get uglier than anyone thought…
This one was a layup that I was hoping someone would post. “Raining Blood” https://youtu.be/z8ZqFlw6hYg
Dude are you going to post Gwar next. I can’t bring myself to do it.
Salamanizer…?? Ha ha! How about Year’s alter ego X-Cops? “The Party’s Over” https://youtu.be/VRE4aXVPGm4
Jeez there goes SSE.
You knee I’d be digging up some moldy soul song at some point. “Everybody’s Gotta Lose Someday”. https://youtu.be/STLLxTT0CYQ
“After Laughter Comes Tears” https://youtu.be/ev7NMv7j6tI
I thought this was the obvious one- The Boss “I’m Going Down”
https://www.youtube.com/watch?v=aaKRByNhb0Y
That’s the spirit!
I think a good sneaky one would be down into Tuesday then bounce into the weekend then the real pain. Probably will do about the opposite.
But don’t forget one thing: buyback blackouts are in effect bitches, so there goes another constant bid besides QE.
Alright Buccs, Thanks for the gallows humor. I’m out!
See you t.c. Good luck this week.
For the hot money studs holding those short-dated out of the money calls: Play this one as you open your account and fumes literally come out of your screen and waft about your face. “Bulldozer” https://youtu.be/k-1zmZTTpVI
Guess I’m done for the night. Hopefully tomorrow plays out like this real-life bear attack. https://youtu.be/lTMwrAefIVQ
One Moar. “This is the End” Doors
https://www.youtube.com/watch?v=1ar27ChFKqA
Of course. Perfect. “Mother Yellen…..I want to….(yikes)”
Shanghai under 4000
Love it love it love it
Fuckers
90% cash…where to from here? sector??
it depends on the most speculated down sectors.. ps greece is not going out of Euro ..index will celebrate later this or next week
Well this isn’t too bad! Good thing we’re not looking like China! ^_^