Will markets rally if Greece exit Eurozone?

relaxing
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11 years 11 months ago #9316 by relaxing

Will markets rally if Greece exit Eurozone? was created by relaxing

Watch this video and make yr own judgement. Other than W Buffet, my fav gurus are Marc Faber ( based in Thailand ) and Jim Rogers ( based in Spore ) as they are unconventional plain talkers and very entertaining, esp on live TV. Good to hear diff views other than those Wall St gurus with vested interests . But I don’t quite agree with Marc re China , though he is much smarter. Maybe he shorted China LoL. ?

profit.ndtv.com/video/Global-markets-to-...ne-Marc-Faber/232499

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yeng
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11 years 11 months ago #9317 by yeng

Replied by yeng on topic Re:Will markets rally if Greece exit Eurozone?

Ha! That is what I was thinking too .... Markets have been preparing for the Grexit for so long and no doubt have been dragged down by the fear of the consequences. I think there is a good chance they will rally when the worst has come to pass. Maybe not right away -- because the exit will cause a lot of mess inthe financialsystem. But give it a few months, who knows? The markets will recover sharply as people & systems deal with the Grexit and ...... incredible tho it may seem ... Life Goes On!

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yeng
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11 years 11 months ago #9342 by yeng

Replied by yeng on topic Re:Will markets rally if Greece exit Eurozone?

This Greek drama is making a surprising twist >>>> Currently, stocks are rising in Europe! The euro strengthened for the first time in five days! Reason: Greek opinion polls showed growing support for parties backing a bailout plan.

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relaxing
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11 years 11 months ago #9364 by relaxing

Replied by relaxing on topic Re:Will markets rally if Greece exit Eurozone?

Wall St gurus are now in full swing until 17 June Greece election. Just last week the guru was bullish on stocks now he is not . If you follow blindly and rushed out to buy stocks last week, what are you gonna do now? Don’t be surprised if guru is bullish again in a week’s time LoL. Fun watching their body language and straight faces in live interviews.
I am not saying the coming Greece election will end up like the Y2K millennium bug non-event. Hope for the best but be prepared for the worst. If have to buy, only buy solid stocks with spare cash ( ie cash you don’t need for one or two yrs ). Buy slowly, no need to rush – let the short sellers do the work. My views only.
www.cnbc.com/id/47617669

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Joes
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11 years 11 months ago #9390 by Joes

Replied by Joes on topic Re:Will markets rally if Greece exit Eurozone?

Monday will provide opportunity to some contrarian investors to buy in at lower prices... What to buy, ah? My list:

KEPPEL LAND at $2.60,
HIAP HOE at 50 cents,
YANGZIJIANG at 88 cents.

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peterlynch
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11 years 11 months ago #9391 by peterlynch

Replied by peterlynch on topic Re:Re:Will markets rally if Greece exit Eurozone?

what about ARA at $1.10, F&N at $6, Vicom at $4, KIngsmen at $0.60?

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