ShareJunction - Member Posts

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Now g20 headache thinking how to contain the Greek default impact. Italy will be hit badly. Wah Greek u win. Give our world leaders big headache.

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Take note Possible head Shoulder on Dow jone forming. Careful.

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Another selling will start soon. There's no buyer except traders. Retailers pls stay out. Traders will dump their holdings soon.

Gaecia ( Date: 03-Nov-2011 08:46) Posted:

Meaning?

Disappointment that the bailout (handout) process will be a slow grind yet again?

risktaker ( Date: 03-Nov-2011 06:25) Posted:

France, Germany Demand Greek Decision on Euro Reuters | November 02, 2011 | 01:08 PM EDT Germany and France told Greece on Wednesday it should make up its mind by mid-December whether it wants to stay in the euro zone when Greeks vote on a 130 billion euro ($178 billion) bailout. French President Nicolas Sarkozy and Germany's Angela Merkel summoned Greek Prime Minister George Papandreou for crisis talks in Cannes, before a Group of 20 (G20) summit of major world economies, to push for rapid implementation of measures to tackle the euro zone sovereign debt crisis, which Athens has thrown into doubt. Sarkozy said Papandreou's announcement of a referendum "took the whole of Europe by surprise" and his prime minister, Francois Fillon, told parliament: "Europe cannot be kept waiting for weeks for the outcome of the referendum. The Greeks must say quickly and without ambiguity whether they choose to keep their place in the euro zone or not." Opinion polls suggest most Greeks think the deal thrashed out by euro zone leaders last week is a bad one, but much will depend on how Papandreou frames the debate, either on the bailout — and the painful cuts it demands — or membership of the euro, which remains popular. Greece's European partners will press for the latter. German Chancellor Merkel struck the same tone of exasperation and impatience as Fillon in comments before flying to Cannes for hastily arranged meetings of European Union policymakers and with Papandreou. "We agreed a plan for Greece last week," she said at a news conference with Turkish Prime Minister Tayyip Erdogan. "We want to put this plan into practice, but for this we need clarity and the meeting tonight should help with precisely this." Germany's finance ministry hinted that European partners and the International Monetary Fund (IMF) may withhold the next 8 billion euro ($11 billion) aid installment to Athens, due this month, until after the referendum. "The tranche has not yet been paid. That is the situation today. How things proceed is yet to be seen. But according to everything we hear from Greece, there is no urgent need for the payout until mid-December, more or less," finance ministry spokesman Martin Kotthaus said. EU leaders endorsed the disbursement of the money last week, but the IMF board has yet to set a date for a decision. An IMF source said the way forward would depend on the outcome of Wednesday's EU talks with Papandreou, which IMF Managing Director Christine Lagarde will join. French officials said Papandreou would be pressed to put the bailout deal to parliament first in hopes of reassuring financial markets which panicked when he called the plebiscite. Weeks of Uncertainty Win or lose, his gamble guarantees weeks of uncertainty, just as the 17-nation European currency area is desperate for a period of calm to implement the remedies agreed to corral its sovereign debt crisis. Some in Papandreou's party called for him to quit, accusing him of endangering euro membership with his shock decision to call a popular vote, a move that pummeled the euro and stocks. The Socialist prime minister battled late into the night to win cabinet support, giving him at least a stay of execution before a confidence vote in parliament on Friday. "The referendum will be a clear mandate and a clear message inside and outside Greece on our European course and participation in the euro," Papandreou said at a cabinet meeting that lasted seven hours. European Commission chief Jose Manuel Barroso urged Greeks to unite in support of the bailout plan, warning that the alternative would be too ghastly to predict. "Without the agreement of Greece to the EU/IMF program, the conditions for Greek citizens would become much more painful, in particular for the most vulnerable," he said. "The consequences would be impossible to foresee." If Papandreou wins the confidence vote, the euro zone faces a period of policy vacuum in which markets can create havoc. If he loses, Greece faces a disorderly default which would hammer Europe's banks and threaten the much larger economies of Italy and Spain, which the bloc may not have the means to bail out. As a result, the Greek premier's move has aroused anger and surprise in equal measure around the world. "That's enough now: Greeks out!" Kronen Zeitung, Austria's biggest-selling paper, said on its front page. The chairman of euro zone finance ministers, Jean-Claude Juncker, said Greece could go bankrupt if voters rejected the bailout package and Japanese Finance Minister Jun Azumi said: "Everyone is bewildered." Juncker, European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, IMF chief Christine Lagarde and an European Central Bank (ECB) official will also attend Wednesday's talks in the southern French resort town.

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France, Germany Demand Greek Decision on Euro Reuters | November 02, 2011 | 01:08 PM EDT Germany and France told Greece on Wednesday it should make up its mind by mid-December whether it wants to stay in the euro zone when Greeks vote on a 130 billion euro ($178 billion) bailout. French President Nicolas Sarkozy and Germany's Angela Merkel summoned Greek Prime Minister George Papandreou for crisis talks in Cannes, before a Group of 20 (G20) summit of major world economies, to push for rapid implementation of measures to tackle the euro zone sovereign debt crisis, which Athens has thrown into doubt. Sarkozy said Papandreou's announcement of a referendum "took the whole of Europe by surprise" and his prime minister, Francois Fillon, told parliament: "Europe cannot be kept waiting for weeks for the outcome of the referendum. The Greeks must say quickly and without ambiguity whether they choose to keep their place in the euro zone or not." Opinion polls suggest most Greeks think the deal thrashed out by euro zone leaders last week is a bad one, but much will depend on how Papandreou frames the debate, either on the bailout — and the painful cuts it demands — or membership of the euro, which remains popular. Greece's European partners will press for the latter. German Chancellor Merkel struck the same tone of exasperation and impatience as Fillon in comments before flying to Cannes for hastily arranged meetings of European Union policymakers and with Papandreou. "We agreed a plan for Greece last week," she said at a news conference with Turkish Prime Minister Tayyip Erdogan. "We want to put this plan into practice, but for this we need clarity and the meeting tonight should help with precisely this." Germany's finance ministry hinted that European partners and the International Monetary Fund (IMF) may withhold the next 8 billion euro ($11 billion) aid installment to Athens, due this month, until after the referendum. "The tranche has not yet been paid. That is the situation today. How things proceed is yet to be seen. But according to everything we hear from Greece, there is no urgent need for the payout until mid-December, more or less," finance ministry spokesman Martin Kotthaus said. EU leaders endorsed the disbursement of the money last week, but the IMF board has yet to set a date for a decision. An IMF source said the way forward would depend on the outcome of Wednesday's EU talks with Papandreou, which IMF Managing Director Christine Lagarde will join. French officials said Papandreou would be pressed to put the bailout deal to parliament first in hopes of reassuring financial markets which panicked when he called the plebiscite. Weeks of Uncertainty Win or lose, his gamble guarantees weeks of uncertainty, just as the 17-nation European currency area is desperate for a period of calm to implement the remedies agreed to corral its sovereign debt crisis. Some in Papandreou's party called for him to quit, accusing him of endangering euro membership with his shock decision to call a popular vote, a move that pummeled the euro and stocks. The Socialist prime minister battled late into the night to win cabinet support, giving him at least a stay of execution before a confidence vote in parliament on Friday. "The referendum will be a clear mandate and a clear message inside and outside Greece on our European course and participation in the euro," Papandreou said at a cabinet meeting that lasted seven hours. European Commission chief Jose Manuel Barroso urged Greeks to unite in support of the bailout plan, warning that the alternative would be too ghastly to predict. "Without the agreement of Greece to the EU/IMF program, the conditions for Greek citizens would become much more painful, in particular for the most vulnerable," he said. "The consequences would be impossible to foresee." If Papandreou wins the confidence vote, the euro zone faces a period of policy vacuum in which markets can create havoc. If he loses, Greece faces a disorderly default which would hammer Europe's banks and threaten the much larger economies of Italy and Spain, which the bloc may not have the means to bail out. As a result, the Greek premier's move has aroused anger and surprise in equal measure around the world. "That's enough now: Greeks out!" Kronen Zeitung, Austria's biggest-selling paper, said on its front page. The chairman of euro zone finance ministers, Jean-Claude Juncker, said Greece could go bankrupt if voters rejected the bailout package and Japanese Finance Minister Jun Azumi said: "Everyone is bewildered." Juncker, European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, IMF chief Christine Lagarde and an European Central Bank (ECB) official will also attend Wednesday's talks in the southern French resort town.

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Today we came to support the market in the morning because we felt the reaction to the Greek Debt Crisis is over done. So we came in match in various counter. However i began to close all my position around 12. It seems that there is a fair chance that greek might choose to default its debt and exit EU.Whispers of Return to Drachma Grow Louder in Greek Crisis

Read this -> http://www.cnbc.com/id/45128577

Greek Tragedy Could Take Another Twist

Read this-> http://www.cnbc.com/id/45129206

STI might suffer if US failed to recover much of its yesterday's losses. Market is currently anticipating that there will be some additional easing from FED and G20.....

Careful.

Isolator ( Date: 02-Nov-2011 18:18) Posted:

I dont know what will be the bad news.... But my charts say something bad is coming.... When the overconfident rally meet the bad news, it will be a horrible disaster.....

risktaker ( Date: 02-Nov-2011 17:59) Posted:

Kenna Sai Greek might choose default and exit EU. Wah jat lat.

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Kenna Sai Greek might choose default and exit EU. Wah jat lat.

Isolator ( Date: 02-Nov-2011 17:54) Posted:

Definitely not next few days..... The massive selldown is coming.... DOW and Europe will see -2% drop tonight.... It is nightmare for those who long STI today....

risktaker ( Date: 02-Nov-2011 17:46) Posted:

Got chance

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Got chance

risktaker ( Date: 02-Nov-2011 17:25) Posted:

Wilmar going 5.80-6.00 range soon. Good luck. Today buyer hehe is super strong. Overcome Morgan Stanley iceberg @5.37. 400+lots

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Wilmar going 5.80-6.00 range soon. Good luck. Today buyer hehe is super strong. Overcome Morgan Stanley iceberg @5.37. 400+lots

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Ya so big hint. If u don't make hehe nothing to say :)

rotijai ( Date: 02-Nov-2011 11:34) Posted:

yalo..!

those who shorted this morning got > .<

risktaker ( Date: 02-Nov-2011 11:29) Posted:

Wah who is pushing sembmar :)

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Ok I am done for the day :) good luck. Today short hunting is sweet :)

rotijai ( Date: 02-Nov-2011 09:36) Posted:

go morning master risktaker..

good to see u back!

risktaker ( Date: 02-Nov-2011 08:24) Posted:

Hi

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Wah who is pushing sembmar :)

risktaker ( Date: 02-Nov-2011 10:16) Posted:

Today sembmar open 3.78 now 3.89 so strong :)

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Today sembmar open 3.78 now 3.89 so strong :)

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Hi

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Next week we won't catch Shorters. As we going Macau trip :) cheers.

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Aiya u didn't see my morning post sakari looks strong ? But still got people want to short lol. Shorters Kenna hammered :) we switch from olam to sakari :)

xing78 ( Date: 28-Oct-2011 13:22) Posted:

You guys must be very loaded.

Pushing up Sakari so high today...

LOL

risktaker ( Date: 28-Oct-2011 09:19) Posted:

We have close our long position. I am done for today. Good luck.

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We have close our long position. I am done for today. Good luck.

Gaecia ( Date: 28-Oct-2011 08:57) Posted:

you're like...don't need to sleep one.

yes olam strong, freaking strong but i don't know abt today.

risktaker ( Date: 28-Oct-2011 06:41) Posted:

Sakari looks strong :)

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Yesterday I saw a lot of short covering. We only catch big shortists retailers where got meat. Most shorts have covered. Oct is might not be the best month for 2011. Huat ah.

JustinQuek ( Date: 28-Oct-2011 01:18) Posted:

keep your positions for tmr. Most Shortists have leverage and they are waiting for Friday to cover their shorts. I say Hold. : ) and Friday will be yet another rally.Good GDP results. Want Buy Midas lol? may have a few railway contracts soon.im out at 45 cents though : )

Thanks to those that stick with me

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Sakari looks strong :)

JustinQuek ( Date: 28-Oct-2011 01:18) Posted:

keep your positions for tmr. Most Shortists have leverage and they are waiting for Friday to cover their shorts. I say Hold. : ) and Friday will be yet another rally.Good GDP results. Want Buy Midas lol? may have a few railway contracts soon.im out at 45 cents though : )

Thanks to those that stick with me

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300 points haha huat ah

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Tonight Bulls has reached our Target range.

We should have some pull back to 11700-11900 range before we charge again :P Super Low Interest Rate and Banks are charging you interest fee if you deposit huge amount of money. Soon funds will slowly and definitely move into riskier assets .... we see less attractive yields on bonds... So mostly inflow will be into equity, commodity, and property. Everyone wants to see growth and if putting your money in banks and bond doesnt bring you the yields..... hehe

risktaker ( Date: 24-Oct-2011 17:46) Posted:

I think dj is trying 12000-12400 range this week.

Isolator ( Date: 24-Oct-2011 17:13) Posted:

Dow will be very very red if tonight it fail to stay green.... It will not be just red.... It will be very red... Enjoy..