The Trading Floor - July 2015

Discussion in 'The Trading Floor' started by Amator, Jul 1, 2015.


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  1. lexanne

    lexanne Well-Known Member

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    Matched out Miss HK at 8.29 and collected 11 cts. Didn't sell of my 8.18s yesterday turns out to be a blessing. Unjeeped GLP at 2.54 and collected 2 cts. dancing.gif
     
    Last edited: Jul 1, 2015
  2. nottibird

    nottibird Moderator

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    Birdie...

    REMINDER to those who are still holding SHORTs or who intend to SHORT...

    Dividend 17 cts... XD on 3 Aug.

    If a monkey suddenly appears and he drives a bulldozer to push, it could be
    the start of Dividend Play. If you are SHORT, no need to think. Take the loss
    and close your SHORTs. After that, go LONG.

    In every monkey business, there are 3 stages.

    ACCUMULATION ..... this will be done quietly and unnoticed by us retail players.
    ACCELERATION ...... this is when the monkey drives his bulldozer to push the price up rapidly.
    DISTRIBUTION ...... this is when he starts to sell to retail traders who, motivated by greed, would rush in to BUY. From him.
     
  3. plutus2

    plutus2 Well-Known Member

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    Good morning snipers... Happy July and good luck to all
     
  4. lexanne

    lexanne Well-Known Member

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    Good morning, snipers! :flowers:
     
  5. summer

    summer Well-Known Member

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    Good Morning snipers!

    Congrats on the hard work :lurk5:
     
  6. nottibird

    nottibird Moderator

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    I have been doing chicken runs every day or every other day whenever I can.
    1 bid... I can run. Though I dont start out by aiming to make only 1 bid. I make
    as many bids as the market is willing to give and when it is giving, I LOON
    not to take profits for as long as I can tahan. Then when Beh LOON leow, I
    grab the eggs.

    Some lizards here who just joined us may be asking...

    "Make 1 or 2 bids only then run...lidat can make good money mare?"

    My reply is...

    Dont see 1 or 2 bids no up. Many many 1 or 2 bids when put together can make all the difference.
    There are many ways to make good money in the market.
    Chicken run is one of them. Dont see Chicken Run no up.
    I show you.

    And I hope more of you will join me to take up chicken farming. aa16.gif



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  7. nottibird

    nottibird Moderator

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    Waaaa...........I forgot all about it.
    Kamsiah Dai Lole for the opening ceremony.

    Yes indeed! Our platoons have been working very hard!!!


    [​IMG]
     
    Last edited: Jul 1, 2015
  8. Amator

    Amator Well-Known Member

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    WASHINTON (July 1): Greece became the first advanced economy to miss a payment on IMF debt, joining the historical ranks of delinquents from Cuba to Zimbabwe after the Mediterranean nation’s bailout talks with creditors collapsed.

    The International Monetary Fund’s board has been informed that Greece is now in arrears, spokesman Gerry Rice said in a statement, after a 6 p.m. Washington deadline Tuesday for Greece’s US$1.7 billion ($2.3 billion) payment, coinciding with the expiration of the nation’s European bailout. Greece’s request for an extension will go to the fund’s board “in due course,” Rice said.

    The European Central Bank must now consider the effect of any missed payment on the solvency of Greek banks when they discuss emergency assistance on Wednesday. The outcome may affect Greece’s euro membership. Klaus Regling, the head of the main euro-area bailout fund, has said it has the option of demanding accelerated debt payments from Greece if it doesn’t pay the IMF.

    “A default on the IMF does not guarantee Grexit,” David Stubbs, global market strategist at JPMorgan Asset Management in London, said in a note to clients. If Greeks vote “yes” on an agreement with creditors in the July 5 referendum, “we think it’s still more likely than not that Greece will remain in the euro. But the probability of an exit from the single currency -- accidental or otherwise -- is now higher than it was.”

    Default Definition

    The missed payment by Greece is the largest in the history of the IMF, which was conceived during World War II to coordinate monetary policy and promote exchange-rate stability. Nations that miss IMF payments are ineligible for further funds as long as they are in arrears. The lender’s procedures for dealing with overdue borrowers stretch over two years and culminate in potential expulsion from the fund’s membership.

    The three major credit-rating companies have said failure to pay the Washington-based IMF wouldn’t constitute a default because that term is reserved for private-sector creditors, and the IMF avoids the word.

    There’s little chance that the fund will approve Greece’s request for an extension, said Andrea Montanino, a former IMF executive board member who now heads the global economics program at the Atlantic Council in Washington.

    “People are just completely fed up,” Montanino said. “Maybe the Europeans could support it, but the others will say no.”

    IMF Managing Director Christine Lagarde probably felt obliged to put the extension request before the board as a formality, he said.

    While the missed payment is unlikely to change the way the IMF operates, it may raise questions about the IMF’s “super-senior” creditor status, and make it difficult for other multilateral financial institutions such as the World Bank to retain their top credit ratings, said Jacob Funk Kirkegaard, senior fellow at the Peterson Institute for International Economics in Washington.
     
  9. Amator

    Amator Well-Known Member

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    1 July .............. SAF Day ................

    your platoons have been working very hard for the past 6 months to haul tons of eggs ............

    party on !!!!!!!!!!! serve them milk with container .............
     
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