Black Monday

[Mysteron]

Not so black really:

 

[NKVI>NH]

Just habit. Long Jul 14 calls.

july vix futures are currently 15.55 (+1.05)

 

[samuel11]

We touch 2080 tomorrow.

You're welcome

 

[Balliwygon]

I think since this thread was just started again the chance of this happening is now 0%....

There is always a chance never say no.

 

[S2007S]

Bulls are actually lucky the Dow is off only 200.....I thought at least a 350-400 point drop

 

[sheda]

What a black monday for the eurusd... . ...

 

[Tavurth]

What a black monday for the eurusd... . ...

EUR is good for a carry trade. If Greece will exit, you want out. Currency rises on unwinding of carry positions.

 

[luisHK]

Monday afternoon is getting quite dark, hanging out in a nice place in Germany but it seems the drunker I get the deeper the red on my account - and I can't even order a roasted greek civil servant for dinner, they are as usual nowhere to be seen when they could be useful.

 

[samuel11]

EUR is good for a carry trade. If Greece will exit, you want out. Currency rises on unwinding of carry positions.

What also pushed EUR higher was the fact that many US funds sold their european equities and removed their currency hedges in the process.

 

[marketsurfer]

What also pushed EUR higher was the fact that many US funds sold their european equities and removed their currency hedges in the process.

Nice call!