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    Global Macro Trading Journal

    Is there any way to 'invest' in the EFSF?Maybe there is a IB somewhere creating somekind of structured product based on it. I'm curious to see how the market is pricing the CDS of this debt
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    Global Macro Trading Journal

    From my observations since I have started to follow stock markets closely the risk-off mode continues till the markets finds ANY reason to stop it, it doesn't have to be all that rational or the government doing the 'right' solution. the EU has been imploding all through the QE2 period and it...
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    Global Macro Trading Journal

    My fear is that on the dark moments Lehmanphobia might lead them to doing just that
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    Global Macro Trading Journal

    I was unaware of this scheme that can lead to more fiscal transfers in the EU "Finally, does the EFSF really accomplish much? One of the most ballyhooed PIIGY bank feature is the ability of the EFSF to buy bonds at a discount and lend money to the country to buy them back, thus decreasing...
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    Global Macro Trading Journal

    Kocherlakota is speaking, I'm sure he will remark how '50bps of hikes by year end are still possible' :p
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    Global Macro Trading Journal

    My risk was high. The leverage numbers(which are a bit misleading) were at 50-1 or something. But that was because the Fed futures contract are worth $400K so it doesn't take much to get the leverage going. But its one thing $400K worth of FFF and $400K worth of oil or S&P500, the FFF don't move...
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    Global Macro Trading Journal

    I even considered covering my shorts last week given their willingness to give money away
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    Global Macro Trading Journal

    I don't know man, I heard all about the 'revolting Germans' and thought fiscal transfers couldn't be made. Yet the last Greek package it seems it contains more in € fiscals transfers than future expected private sector losses
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    Global Macro Trading Journal

    I dont know much about German politics but it seems to me that Merkel already knows she is toast, so she has nothing to lose by borrowing more
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    Global Macro Trading Journal

    I dont think the ECB would finance a cent of that. Germany and a few others would have to borrow which might start to lead to issues on confidence with German debt
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    Global Macro Trading Journal

    I forgot to mention my biggest tool in the poor man bloomberg terminal: http://www.newsstrike.com/index.shtml It essentially a guy looking at major news service and then transmitting by audio what is going on. Delay is probably smaller than 10secs. I only use for Fed decisions/NFP though
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    Global Macro Trading Journal

    Anyone know why EFF hit 17bps yesterday?
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    Global Macro Trading Journal

    I'm following bloombergnews/now and reuters on twitter but frankly I find the news feed from Oanda is better
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    Global Macro Trading Journal

    I dont know man, the BCB has been trying to tax everything known to man and do all kinds of controls in brazil and the real keeps rising
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    Global Macro Trading Journal

    I'm using instinct on this trade and don't have a very scientific basis. I plan to remain short EUR against CHF/JPY and USD till there currency is dropping like crazy and everybody thinks the EUR is over, headlines are all over the newspapers etc. There might be a short-term bounce but I'm not...
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    Global Macro Trading Journal

    What I mean is that the intervention only will have a short-term impact of wiping out oanda pikers. The currency will keep going where its supposed to
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    Global Macro Trading Journal

    I dont think it should make a significant difference. Just look at the brazilian real
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    Global Macro Trading Journal

    Double dip probability meme to come back big time after this econ data
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    Global Macro Trading Journal

    You can open a simulator account and get the DJ feed. Which twitter feeds are you following?
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    Global Macro Trading Journal

    Yeah, I run my poor man bloomberg terminal every day -IB data quotes and data feed -Oanda news streaming(Dow Jones feed plus UBS and 4Cast; A bit delayed but important data comes usually in less than 30 sec after it happens) -Bloomberg site data and bigcharts
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