R/$ exchange R7.50

[sponono]

Will it brake or will it hold. I'm hoping for a break on the down side.

[SimonPB]

I would say tis currently breaking ..

[ndabs]

looks like it

[sponono]

7.47 is lovely. Now for a close above 30,600 on the Topi.

[SimonPB]

tis maybe time for the bears to step up to the plate ;)

[SimonPB]

an up they step, weak opening for ALSI .. albeit thin volumes ..

[Fredsed]

Risk potential on Thursday for whipsaw. The ISDA decision on Greek default, where they really need to keep kicking that can. http://tinyurl.com/7ch2btk

[DEP]

Yeap... Dow at 13,000, volumes light and VIX index at low levels it is time to short!

[#9]

Simon, you watch Chartists video this morning? Good call...;)

[DEP]

... short Alsi, buy R/&

[richardw]

Does the ISDA declaring a default have any relevance to the rest of the universe at this point? What could effects be?

[Fredsed]

Link is a supporting doc. to the question, giving an insight. Otherwise the issue is one of precedence in a scenario of sovereign debt cards forming a queue and the potential for actualisation of a related systemic event. The related fear is about the implosion of global banking, the old financial Armageddon thingy, but now 3DHD + 7 speakers and bonus worries probably.

[Fredsed]

Said link - http://www.isda.org/uploadfiles/_docs/PAI_for_Issue_No_2012022401.pdf

[SimonPB]

nah, I been processing pics this morn from my weekend in the bush .. no time for video watching ..

[Fredsed]

ECB allots E529.5bln in 3-year LTRO. Somewhat unbearable.

[richardw]

Ok, so more precedence than Greek default itself? Same as the rest of it, I guess. We waits.

[Fredsed]

A change gonna come. Oh yes it will.

[sponono]

toiling with 30,600 and the RSI breaks with the break on the 1 hour chart http://oi44.tinypic.com/wwggwl.jpg

[DEP]

short Alsi, buy R/&

[Rams]

is that a video call?