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(Reuters)   Moody's downgrades Germany, The Netherlands and Luxembourg after realizing not even they can't prop up the south (of Europe)   (uk.reuters.com) divider line 22
    More: Scary, Netherlands, Moody, Luxembourg, treasuries  
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752 clicks; posted to Business » on 24 Jul 2012 at 11:48 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



22 Comments   (+0 »)
   
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2012-07-24 12:08:43 PM
The one good thing about all this is that it makes the markets volatile as hell. It's great for an options trader.

Oh wait, I guess that makes me one of those evil "speculators". I'll slink off in shame now. And count my money.
 
2012-07-24 12:37:21 PM

jjorsett: Oh wait, I guess that makes me one of those evil "speculators".


What of value have you added or produced?
 
2012-07-24 12:42:53 PM

Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?


He has added liquidity into a market. I guess it is tough for you to see why that is of value.
 
2012-07-24 12:51:30 PM

You're the jerk... jerk: Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?

He has added liquidity into a market. I guess it is tough for you to see why that is of value.


So, not much? Traditional markets serve a purpose: matching capital with those that need it for a business. Options trading, to me, seems to match those with capital with others with capital? Not to mention it does so via leverage. How does this add value?
 
2012-07-24 12:53:47 PM

You're the jerk... jerk: He has added liquidity into a market. I guess it is tough for you to see why that is of value.


Liquidity works when the market does. As we're watching the market crash, slump, and crawl, repeatedly, there is no value being added, just numbers being played with.
 
2012-07-24 12:58:33 PM

You're the jerk... jerk: Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?

He has added liquidity into a market. I guess it is tough for you to see why that is of value.


Sure. Into "a market". Just not "the" market.
 
2012-07-24 12:59:52 PM

Brontes: So, not much? Traditional markets serve a purpose: matching capital with those that need it for a business. Options trading, to me, seems to match those with capital with others with capital? Not to mention it does so via leverage. How does this add value?


Liquidity helps smooth the bumps in economic activity. It does have value, but lately has disproportionally large compensation. And that's only if the market is actually working. When we have the entire world economy jumping and plummeting based on news from European debt, Wall Street financial scandals, and Iran farking with the oil supply, liquidity does a fat of alot of good because it's incapable of smoothing out those kinds of changes.
 
2012-07-24 01:06:13 PM
So pretty much like the US. The south is on welfare and dragging the north down.
 
2012-07-24 01:06:17 PM
stock market needs to crash. we need a re do.. short term would be chaos
but 10 years things will be better
 
2012-07-24 01:07:55 PM

Brontes: You're the jerk... jerk: Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?

He has added liquidity into a market. I guess it is tough for you to see why that is of value.

So, not much? Traditional markets serve a purpose: matching capital with those that need it for a business. Options trading, to me, seems to match those with capital with others with capital? Not to mention it does so via leverage. How does this add value?


Options trading is speculation for some, for others it's a way of mitigating risk, generating income, or for weathering a bad patch. I frequently use covered calls in my retirement portfolio to generate additional income. So does every major public pension fund in existence. That's value.
 
2012-07-24 01:25:23 PM
Subby, not even they can't prop up the south (of Europe) ?

English, motherfarker, do you speak it?
 
2012-07-24 01:45:25 PM
Another "caught sayof" illiterate headline, brought to you by the geniuses at Fark.com.

i.imgur.com
 
2012-07-24 01:55:09 PM

jjorsett: Brontes: You're the jerk... jerk: Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?

He has added liquidity into a market. I guess it is tough for you to see why that is of value.

So, not much? Traditional markets serve a purpose: matching capital with those that need it for a business. Options trading, to me, seems to match those with capital with others with capital? Not to mention it does so via leverage. How does this add value?

Options trading is speculation for some, for others it's a way of mitigating risk, generating income, or for weathering a bad patch. I frequently use covered calls in my retirement portfolio to generate additional income. So does every major public pension fund in existence. That's value.


So in other words you only generate value for yourself?
 
2012-07-24 02:41:44 PM
So this would be why that German conglomerate bought up Peet's Coffee yesterday. Get all those deutsche marks and euros off shore as soon as possible.
 
2012-07-24 02:57:19 PM
I am going to say that Spain is less than a week away from crashing out of the euro. It will spread faster than the speed of light to Italy. Eurozone crashes. Europe riots. The Olympics in London gets cancelled.
And CNN will still be obsessed with James Holmes.
 
2012-07-24 03:11:31 PM

ontariolightning: I am going to say that Spain is less than a week away from crashing out of the euro. It will spread faster than the speed of light to Italy. Eurozone crashes. Europe riots. The Olympics in London gets cancelled.
And CNN will still be obsessed with James Holmes.


Phew, what are you drinking? I'll have some of that.
 
2012-07-24 03:22:46 PM

Brontes: ontariolightning: I am going to say that Spain is less than a week away from crashing out of the euro. It will spread faster than the speed of light to Italy. Eurozone crashes. Europe riots. The Olympics in London gets cancelled.
And CNN will still be obsessed with James Holmes.

Phew, what are you drinking? I'll have some of that.


Red Bull
 
2012-07-24 04:13:03 PM

You're the jerk... jerk: Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?

He has added liquidity into a market. I guess it is tough for you to see why that is of value.


I added liquidity into your mom last night.
 
2012-07-24 04:23:33 PM

Sergeant Grumbles: jjorsett: Oh wait, I guess that makes me one of those evil "speculators".

What of value have you added or produced?


He has only taken value. He produces none. He actually thinks he can gloat for the rest of his meaningless life. The sad part is...he is too dumb to calculate his future. That might be the best part. :)
 
2012-07-24 04:56:58 PM

ontariolightning: I am going to say that Spain is less than a week away from crashing out of the euro. It will spread faster than the speed of light to Italy. Eurozone crashes. Europe riots. The Olympics in London gets cancelled.
And CNN will still be obsessed with James Holmes.


Spain may be circling the drain, but they are still quite a bit better off than Greece. Spain still has a much lower overall debt compared to Italy and Greece. Yes, Spanish debut costs are rising to unsustainable levels, but they still have quite a buffer before they have to act. Generally the Spanish have been a bit more proactive trying to get handle on their issues compared with other countries in trouble. Odds on favorate for a quick crash out of the Euro still has to be Greece.

However, even Greece falling out of the Euro, I see as happening months down the line. The IMF, ECB, and the rest of the Eurozone will give Greece one more shot of aid even without the promised reforms to puff up their own banks that Greece will give this bailout money to. Greece bailouts are more about European banks than helping Greece try and stay on top of its debt so they want to keep the money flowing as long as possible before Greece cashes out.

Personally, I wouldn't be surprised to see somehting happen by the end of the year concerning the Eurozone falling apart, but certainly not as quickly as next week. Even the end of the year would be rather quick, but at some point, Greece is going to be removed causing the whole system to fall apart.
 
2012-07-24 08:21:08 PM

lilbjorn: So pretty much like the US. The south is on welfare and dragging the north down.


Politically, i wonder if there's more derp in S. Europe as well....

/ can't think of any examples offhand.
 
2012-07-25 04:57:47 AM
So, all these comments about social value of option trading and no one mentioned that the subby mixed up a ratings downgrade and a lowering of an outlook???
 
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