http://sameersaifan.blogspot.com/2011/04/june-1314-2011-what-is-it-going-to-tell.html
Please see this post that was made in April this year.
Yesterday was June 13th
As per Martin - June 13/14th would signal key trend change that will affect the markets going fwd.
What did we see yesterday?
Equity markets were a bit down so not much happening there.
Oil fell 2% or so and Silver fell 4%.
The big news that came out was -
Please see headlines below -
Greece Receives Lowest Credit Rating by S&P
Greek rating now worst in the world
Greek Debt Hits a New Low
Greece Gets Triple Hooked: S&P Downgrades Country To CCC, Outlook Negative
Greek, Portuguese and Irish CDS All At Record Wides
SS says
So as per my interpretation -
We are going to witness large scale probolems in Europe.
This should be in the time line from now until 2015/16.
Expect a default by Greece and may be some more members as well.
Expect the EUR to head to 1.0 VS USD.
"BAILOUTS" was 2010/11 - "DEFAULT" will be 2012/13.
It is time to buy more PUTS on EUR.
Please see this post that was made in April this year.
Yesterday was June 13th
As per Martin - June 13/14th would signal key trend change that will affect the markets going fwd.
What did we see yesterday?
Equity markets were a bit down so not much happening there.
Oil fell 2% or so and Silver fell 4%.
The big news that came out was -
Please see headlines below -
Greece Receives Lowest Credit Rating by S&P
Greek rating now worst in the world
Greek Debt Hits a New Low
Greece Gets Triple Hooked: S&P Downgrades Country To CCC, Outlook Negative
Greek, Portuguese and Irish CDS All At Record Wides
SS says
So as per my interpretation -
We are going to witness large scale probolems in Europe.
This should be in the time line from now until 2015/16.
Expect a default by Greece and may be some more members as well.
Expect the EUR to head to 1.0 VS USD.
"BAILOUTS" was 2010/11 - "DEFAULT" will be 2012/13.
It is time to buy more PUTS on EUR.
No comments:
Post a Comment