Weekend Charting and Chat - 29th May 2015, page-14

Exfiles .... You might see it as rubbish BUT I can assure you Fridays dax sell off isn't thinking along your lines ...Whispers alone have gyrated the dax beyond 2% on the up and down.

Greece needs to be bailed out ..and I am confident that Germany isn't ignorant.... but wise enough to understand the ramifications of a non deal.

800 million was pulled out in less than 48 hours ... Crisis ..

Exfiles ...I can assure you that i want this market to continue higher as much as the next bull BUT I am a realist ... Deal and we go higher... NO deal and we go much much lower imo.

P.S No one blows the whistle at the top ... Its up to the individual to decipher the political gymnastics on hand.

If Greece's debt isn't a BIG deal... why the worry ?
If Greece defaults ... Will the market factor in contagion? and how aggressive ?
If Greece defaults .... Will the euro crash?

No one knows of how the markets will react on a non deal BUT imo the markets have warned by the sell offs of late on the whispers alone.

Most likely there will be deal BUT god help us if there is NOT . imo