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lol, like it a takes a lot of talent to play the carry trade during 2 periods where the Fed steepened the curve

Correction "The Elysee Wednesday said Ms. Merkel and Mr. Sarkozy will meet Mr. Papandreou and Greek Finance Minister Evangelos Venizelos at 12:30 p.m. EDT. Other European Union leaders and International Monetary Fund chief Christine Lagarde will also attend the meetin"...

The short squeeze committee will meet today at 1PM EST(Merkel, Sarkozi, Papandrou or whatever his name is)

Tyler Cowen seems to have a similar view to mine http://marginalrevolution.com/marginalrevolution/2011/11/why-is-greece-turning-down-the-bailout.html I'm concerned however that the EU brigade will try to short squeeze the markets, like they always do, today The fact the Greek PM announced...

Which broker you used and did they charge you to keep the short for so long?

I'm puzzled by this headline http://www.zerohedge.com/news/past-midnight-headlines-greece It doesn't make sense to me. Maybe he is trying to buy some political support, calm down the masses and try to win the confidence vote then pass the EU bailout Unless the people are fucking idiots...

This might be even correct. I've read that their euro bonds are mostly trading at 99c on the dollar

What are your thoughts on my theory?My read on the situation is that once the default has been accepted(by the modest 21% but now by the significant 50% haircut)the Greek politicians started to think 'wait a minute, wasn't a default going to be the end of the world?now that it has been accepted...

I'm probably going to regret in a few days that I didn't bet the farm on this one. The political will of Greek politicians for more austerity looks exhausted and a default has already been accepted that will occur. Its matter of which type of default they will go for, one that is on Greece's...

Just shorted EURUSD. Not a large position but more than doubled my exposure there. Will put a stop at 1.39

Problem with halts is sometimes the broker will screw you by charging you the borrow(And you can't cover). Sometimes to usurious levels. IIRC it happened to the China fraud stocks this year I don't want to be short a stock that got halted when most of my profit was made already

Does anyone have a good broker suggestion other than IB?It needs to open corporate accounts and have little or no maintenance fees given that I won't be doing a lot of volume there. I'm interest in US stocks+US futures. It doesn't have to do global business

I'm preparing to put a decent sized short on EURUSD as a short-term trade that the market is misinterpreting 'no referendum' as good news when in fact its bad news(Gov will collapse and new gov will default)

The EU people were all about talking having 'controlled' defaults and gave their best to make that happen yet it looks like they failed. It looks like there is no one at the driver seat The only joker card that I see that they have right now that can prevent a LEH meltdown to the 10th power...

One thing I don't understand is why IB swaps the futures cash from its clients to the securities account(Therefore putting the SPIC protection on it) and other brokers don't. Because the way IB brags about it seems that its almost costless for them yet I don't see other brokers doing that In...

Yes, I was thinking MF did like IB and send funds from futures account to the securities to protect the client. They probably didn't, so the non-securities clients are fucked

If the Greek government collapses it looks to me they will go full default within days. I'm assuming its quite unlikely the new government will keep the same policies given that even the current government doesn't want it/can't anymore Stock market might get really ugly over the next few days

And in a related story the Finance minister said broccoli is good for the heart

Looks like I missed the bund ride again http://www.zerohedge.com/news/10y-bund-yields-drop-5-standard-deviations-most-ever EURNOK and EURSEK going against me(EURUSD working but its smaller than the other 2). Nothing like nailing developments and get the trades wrong At least all of this...

If you are going to judge monetary policy by the level of interest rates then the Great Depression had extremely easy money. So did Japan, both had deflation and no bubbles. I just disagree with the obsession with interest rates in general. NGDP means more