yes but it also seems like the market is gonna have to put in
some kind of tradeable top (like the head pattern of the H&S
pattern that we've been talking about) before the PM stuff is ready
to rock as it's all be inversely correlated lately.
DB -4.4%; CS -2.6% -- not good. If you lived in Italy,
Portugal and Spain, would the Cyprus "good news" give you
confidence to keep your money where it is? I would imagine
the withdrawals at euro banks today was extreme.
Posted by windyjazz on 25th of Mar 2013 at 11:41 am
What
Dijsselbloem did was essentially yell fire in a crowded movie
theater. There have been no bank runs in Europe up till now because
Cyprus was thought of as a one off. I would think there are going
to be much more bank transactions this week and they will revolve
around that 100K Euro #...mattresses stuffed or US banks/Swiss
banks seeing more deposits
this might be the reason markets are dumping
Posted by windyjazz on 25th of Mar 2013 at 11:01 am
EUROGROUP'S DIJSSELBLOEM SAYS CYPRUS BANK RESTRUCTURING PLAN SHOULD BE SEEN AS TEMPLATE FOR REST OF EURO ZONE....is this guy nuts or what?
Rumor of Italian sovereign downgrade
Posted by a_l_ on 25th of Mar 2013 at 11:34 am
Gold finally starting to behave
Posted by sbwoman on 25th of Mar 2013 at 11:21 am
Gold finally starting to behave the way you think it would, given that news.
yes but it also seems
Posted by matt on 25th of Mar 2013 at 11:40 am
yes but it also seems like the market is gonna have to put in some kind of tradeable top (like the head pattern of the H&S pattern that we've been talking about) before the PM stuff is ready to rock as it's all be inversely correlated lately.
I don't see how anyone
Posted by jreeves197 on 25th of Mar 2013 at 11:18 am
I don't see how anyone can look at that situation as positive.
yes windyjazz and that statement
Posted by steve on 25th of Mar 2013 at 11:07 am
yes windyjazz and that statement seems to imply that more banks could be facing similar problems
DB -4.4%; CS -2.6% --
Posted by kalinm on 25th of Mar 2013 at 11:26 am
DB -4.4%; CS -2.6% -- not good. If you lived in Italy, Portugal and Spain, would the Cyprus "good news" give you confidence to keep your money where it is? I would imagine the withdrawals at euro banks today was extreme.
no wonder Euro banks are down?
Posted by windyjazz on 25th of Mar 2013 at 11:41 am
What Dijsselbloem did was essentially yell fire in a crowded movie theater. There have been no bank runs in Europe up till now because Cyprus was thought of as a one off. I would think there are going to be much more bank transactions this week and they will revolve around that 100K Euro #...mattresses stuffed or US banks/Swiss banks seeing more deposits
Great plan if you are
Posted by oops1e on 25th of Mar 2013 at 11:03 am
Great plan if you are a banker, not so much if you're a depositor.