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You people have no sense of humour at all. a) I'm aware of the fact that one of the main reasons of CAC40 outperformance is some support in the financials. The Financials relative performance have been a good barometer on how much people are really caring about this Greek stuff. b)...

Soooo, anyone noticed the massive outperformance of the CAC40 (which is my favored index atm) over the S&P500 in the past few days? Especially if you price the S&P500 in Euros, then it gets really special :D We'll see over the next days and weeks whether we'll have a next leg up on European...

Well, what you could do is attach a random number to every trading day on a given instrument you think you know well (it must be a larger sample to make it relevant) and then sort the numbers (in any direction) so the percentage changes become randomly ordered and see if you can consistantly...

1. Check out the statistics for how many core EU residents retire to non-EU countries (there is some move from core to non-core but it's still not a ton for most countries). 2. How big is this "internet business" you speak of as a percentage of US GDP? You speak of it as if it determines the...

In a few years that will be "the past" (and I don't disagree these are problems at this time). Remember, we're thinking about "the future" here. Also, I'm not saying that Europe is going to be the growth powerhouse of the world, not even close. I'm saying its stocks are undervalued relative...

That's right. Too bad u wuz wrong. By the way EUROPE EUROPE EUROPE! Just saying, it will probably be the "theme" of the next leg up. Absolutely nobody is overweight Europe anymore these days, totally unjustified given that Europe always lags the US economy so the meat of its recovery...

Except Shortie isn't an ass like Deadbroke. Anyway, this pervasive closing weakness is really getting on my nerves.

Yes but a Greek default doesn't undermine the value of the Euro in any form. After all, default means there will be less Euros and I really don't see how a Greek default could impact the demand for Euros. After all we are talking about a sovereign default here, not anything to do with the...

Tbh I could see the market rallying a day after, if Greece defaulted and the world magically didn't end. Maybe a quick panic selloff, but even that I wouldn't bet money on at this point.

I don't see how this is an appropriate discussion to tie unions into. That said, I'm not such a fan of the way unions generally operate across the western world either.

I sure hope not. Trend followers have been getting completely clobbered the past few months anyway so I wouldn't expect that to change to favouring a downtrend in an already edgy market. Europe is acting like it's time to smoke some bears tomorrow though, so expect a gap up on tuesday...

So if I post a thread the world is going to end tomorrow you would go long? Contrarianism is very overrated, especially in the short term.

Getting a bit desperate with your thesis eh? Well, not to worry, when the Ben Bernank annihalates your ass at least you could say ISLAGI(ATT) It Seemed Like A Good Idea (At The Time). The bottom line is that if cash appreciates too much (or indeed at all) every government in the world is...

Yeah I guess so. How long would it take to turn $10,000 into $10,000,000 at 20% compounded? Is that realistic?

Well that was a pretty frantic bounce there. Europe should gap up tomorrow and given the technical situation I don't see too much room for more downside (I haven't seen much room for downside for weeks now and it's essentially not really gone down, except everybody is acting like it's a bear...

Well I admire your courage (or stupidity, there is a fine line you know). Long and strong myself. If the US doesn't fade this last move up, Europe will gap up above a high-volume area (a high volume area is just what it says, a price area where a high amount of volume was transacted relative...

I've been long the CAC40 for a while now and long SocGen calls (+3,6% today, tyvm) since the 16th. I didn't hedge today because of the technical state of the market (which imo is very good) but I am quite worried about the fundamentals (Greece) now because I think the chances of the vote...

Well, because economic figures are about the prior month it takes (obviously) as input the prior month's crude prices and you can clearly see some correlation between the rate of change in crude prices and things like the surprise index (which itself correlates reasonably well with stock...

In reality it's probably more like a zero sum of -1s and +4s (4 on average and that is just a guess, it could be anything >1)

I don't know. I didn't buy because I didn't like the risk, but I certainly expected some retarded people to bring it even higher (my target was $140) before crashing back to $30 (my target now). In any case, this is a good sign because it does clearly show that the markets (at least one part...