xjo weekebd zoomba lounge, page-113

dave 1968 & vvg

Ive been reading for weeks about the cac etc and the shenanigans which we will have to endure up to march 23rd.

The market is definately, in my view, expecting greece to default. There are about 100 or so people in greece who will do everything in their power to prevent greece defaulting: the politicians. Why? they do nothing but they earn about 20,000 aud a month after tax. That will end if greece defaults.

Disco is right; the risk of it is priced in; euro has bounced from 1.26ish to 1.34, currently 1.32.

If it was high risk as that rubbish "chief business reporter" alarmingly warns then all hell would be breaking loose; yet how quiet is it on the markets?

I think if greece defaults in the next two weeks it will take the markets by surprise. I still dont rule it out but I think it will be unlikely. Sometimes though I think 50/50 because I think this is a suckers rally but with all the money printing and inflation back in the usa, I think this is a early staflation rally that should be play as all staflation rallys are.