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re: GREECE: 61 no, 39 yes. What's next?

Posted on 7/5/15 at 3:00 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 3:00 pm to
quote:

Prime Minister Alexis Tsipras, who was gambling the future of his 5-month-old left-wing government on the vote, insisted that a "no" vote would strengthen his hand to negotiate a better deal with creditors, while a "yes" result would mean capitulating to their harsh demands.

Unbelievable the audacity this guy has (although I enjoy watching it unfold from 8 time zones away ).
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 7/5/15 at 3:07 pm to
quote:

although I enjoy watching it unfold from 8 time zones away
I live in Germany, and am not enjoying this clown show at all.
Posted by Lsut81
Member since Jun 2005
80062 posts
Posted on 7/5/15 at 3:11 pm to
quote:

Unbelievable the audacity this guy has (although I enjoy watching it unfold from 8 time zones away ).


Guy either has the biggest set of balls or is as stupid as the people voting to blindly follow him

Can't wait to see the markets tomorrow. I wouldn't mine a few percentage point dip, I'm ready to make some moves.
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 3:15 pm to
quote:

Can't wait to see the markets tomorrow.
Futures come out in 45 minutes and I think oil begins trading at 4:00 CST as well.

ETA: ^^I was wrong. It all begins at 5:00 central
This post was edited on 7/5/15 at 3:21 pm
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45564 posts
Posted on 7/5/15 at 4:43 pm to
Almost time to see the shite hit the fan
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7331 posts
Posted on 7/5/15 at 5:08 pm to
Looks like future down 252 on the Dow
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 5:38 pm to
quote:

Looks like future down 252 on the Dow
weak.
Posted by Drizzt
Cimmeria
Member since Aug 2013
12822 posts
Posted on 7/5/15 at 5:39 pm to
Brent is under $60. If China or Europe markets drop early this thing could really pop.
Posted by Lsut81
Member since Jun 2005
80062 posts
Posted on 7/5/15 at 5:40 pm to
CNBC is about to go live
Posted by Volvagia
Fort Worth
Member since Mar 2006
51871 posts
Posted on 7/5/15 at 6:10 pm to
quote:

Greek Prime Minister Alexis Tsipras said late on Sunday that Greeks had voted for a "Europe of solidarity and democracy".


Just......wow
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22209 posts
Posted on 7/5/15 at 7:15 pm to
That's what happens when you throw money at people with no skin in the game. Are you listening, Obama?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80744 posts
Posted on 7/5/15 at 7:20 pm to
I'm in Mexico right now and the Internet is shite. Can someone link me to the futures chart?
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45564 posts
Posted on 7/5/15 at 7:43 pm to
Posted by CajunTiger92
Member since Dec 2007
2818 posts
Posted on 7/5/15 at 7:48 pm to
LINK

Futures have improved a little in the past hour or two but not by much.
Posted by Lsut81
Member since Jun 2005
80062 posts
Posted on 7/5/15 at 7:54 pm to
It's all going to depend on what happens in Europe starting in about 8hrs.
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 9:24 pm to
Japan
Nikkei -1.45%
Update: -1.86%

Australia
ASX -1.26%
Update: -1.20%

China
Hong Kong (HSI) -0.67%
Update: -2.74%
This post was edited on 7/5/15 at 10:18 pm
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7331 posts
Posted on 7/5/15 at 10:16 pm to
HSI down 3.5% now
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 10:18 pm to
There's never any point in updating that index haha
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23482 posts
Posted on 7/5/15 at 10:28 pm to
Monday does have the potential to be wickedly bad, and acellerate downward during the day. The market still has not had the 15% correction. I do not see a single thing in this market that would indicate a bullish week.
Oil is also down and that too should close in the $54 range.
Bottom line boys is that the worldwide market conditions are perilous at best. If you aren't frightened and protecting capital, you should be.
Posted by bayoubengals88
LA
Member since Sep 2007
18852 posts
Posted on 7/5/15 at 10:36 pm to
quote:

I do not see a single thing in this market that would indicate a bullish week.
I don't see anything pointing to a bullish 6 months...

DOW has increased only 3.88% in the last year and is negative ytd.
The S&P hasn't done much better.
If there were ever a time for at least a 10-12% decline it's either starting or will soon IMO (which isn't worth much).
Like you said, oil is mid 50s again and we'll know a lot more about that this week with the Iran deal.

It's a great time to be off for the summer if you're interested in watching numbers all day
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