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Online Share Trading

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My stop losses tripped out my shorts

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Super Contributor
and I sold out most of my knock out warrants at a loss, but I still feel the market has it wrong on Greece as the news this afternoon is sombre
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Super Contributor
This is a good market to be out of. I am resisting the temptation to get back in.
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Super Contributor
Agree, very tempting, but Barry may be right here. Question: is Greece such a big issue long term for markets, I am not sure?? If companies have good product with good earnings maybe still something to look at?
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Super Contributor
I think this market is very expensive. Interest rate increases, which have to come in USA, will turn this market down. I also don't understand the Greece issue. Greece is very small to the rest of the Euro zone.
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Super Contributor
The first decline this morning, was well contained, how ever traders and investors will become increasingly nervous as the crises drags on and a certain amount of panic is also likely to occur, I'm selling off shares which I might have kept till after I received divs which in my opinion are not performing up to standard.
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Super Contributor
Markets off 3% to 4% in Europe this morning. That is more panic than the norm.
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Super Contributor
Asking the question "is Greece such a big issue for markets?" is like asking whether you should walk into a tiger's cage - given that you saw him being fed a few minutes ago! Of course its a big issue. And the answer why is pretty obvious why.
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Super Contributor
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Super Contributor
Greek default day! I've published my post one day early!
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Super Contributor
Jury still out there. Hopefully at worst a "healthy" market correction which had to happen. Time will tell and may it remain our friend!
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