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Greek Elections - Global Financial Market Unrest

DriftingByTheStormDriftingByTheStorm Posts: 8,684
edited June 2012 in A Moving Train
Like Whoa.

Got an email from a brokerage firm informing its clients that ALL accounts are having their margins raised THREE TIMES starting this past Friday (the 15th) and lasting at LEAST until Monday morning.

It cited concerns about potential "extreme volatility" in the global markets concerning the elections in Greece, and that anyone trading during this period should exercise extreme caution. They expect highly volatile markets throughout the evening hours today (Sunday) when markets open back up.

I've never (in my short life) heard of Brokerages raising margins for one-time events ... and by 3 fold at that.

So if you had a trading account that normally required you to maintain a balance of $5,000 to make a trade ... starting Friday, you would need $15,000 to play.

I guess they are REALLY trying to keep people from playing this event. Hmmm.

I'm still waiting to see what effect this election has on the price of precious metals. An "anti-EU" vote SHOULD send metals through the roof on volatility concerns, but somehow I suspect EVERYTHING will plummet. Baby & the bath water syndrome. We'll see.
If I was to smile and I held out my hand
If I opened it now would you not understand?
Post edited by Unknown User on
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Comments

  • dimitrispearljamdimitrispearljam Posts: 139,721
    in 15 min exip pols are out..our future is played here...all of us..lets see..
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • DriftingByTheStormDriftingByTheStorm Posts: 8,684
    dimitrispearljam wrote:
    in 15 min exip pols are out..our future is played here...all of us..lets see..

    Keep us posted, and any thoughts you care to share, I'd personally love to hear them, Dimitris.

    I'm VERY ignorant of Greek politics in general, but i do understand that the ramfications\implications of THIS election are relatively MASSIVE.

    The globe on the whole is on the verge of a domino like scenario.
    This could be the first domino.
    :(
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • dimitrispearljamdimitrispearljam Posts: 139,721
    man..its frikkin mess here..exit-polls
    the capitalist party..has 27,5%-30,5%(yes euro)
    the left party has 27%-30% (kinda anti eu)

    will be a fuckin long night..
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • deftonesdeftones Athens, Greece Posts: 2,444
    First exit polls give the right party (New Democracy) and the left party (Syriza) together in the first posotion with 27-30% each. It gonna be a long night. Tommorrow early in the morning i am travelling with my family for the euro tour...maybe we should stay there :D
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • DriftingByTheStormDriftingByTheStorm Posts: 8,684
    edited June 2012
    dimitrispearljam wrote:
    man..its frikkin mess here..exit-polls
    the capitalist party..has 27,5%-30,5%(yes euro)
    the left party has 27%-30% (kinda anti eu)

    will be a fuckin long night..

    That's
    Capitalist Party 27.5%-30.5%
    for us American fuckheads.
    Damn commas!
    :D

    Thanks Dimitris.
    Plz continue with any updates as you see fit.

    PS - and GEEZ, if it's gonna be an allnight thing, the markets are gonna be ALL OVER THE PLACE tonight.
    Post edited by DriftingByTheStorm on
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • dimitrispearljamdimitrispearljam Posts: 139,721
    deftones wrote:
    First exit polls give the right party (New Democracy) and the left party (Syriza) together in the first posotion with 27-30% each. It gonna be a long night. Tommorrow early in the morning i am travelling with my family for the euro tour...maybe we should stay there :D
    seems the best option..
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • dimitrispearljamdimitrispearljam Posts: 139,721
    DriftingByTheStorm wrote:
    dimitrispearljam wrote:
    man..its frikkin mess here..exit-polls
    the capitalist party..has 27,5%-30,5%(yes euro)
    the left party has 27%-30% (kinda anti eu)

    will be a fuckin long night..

    That's
    Capitalist Party 27.5%-30.5%
    for us American fuckheads.
    Damn commas!
    :D

    Thanks Dimitris.
    Plz continue with any updates as you see fit.
    thats why i wrote capitalist party..we say right party here..
    ill update with the first official results..the exit polls isnt the real thing..lets see
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • dimitrispearljamdimitrispearljam Posts: 139,721
    CNN now shows the exit polls,live from Athens ,Greece
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • MJK1889MJK1889 Posts: 59
    Ive visited Greece 10 times in total, both the mainland and the many islands. Its one of my most favourite places on earth. They are going through a horrible time right now but when I was in Athens 3 weeks ago, the people were just as welcoming and friendly and warm as I've always known them to be. The news and media coverage seems to be portraying the country as falling to pieces and close to collapse, but this isn't true, the majority of the people are dealing with the crisis very well in very bad conditions.
    Personally I think that the best thing for Greece would be to leave the EU, the austerity measures being placed on them by Germany and others are a disgrace. If this happens then other countries might leave the EU as well, which in my opinion would be a good thing.
  • dimitrispearljamdimitrispearljam Posts: 139,721
    MJK1889 wrote:
    Ive visited Greece 10 times in total, both the mainland and the many islands. Its one of my most favourite places on earth. They are going through a horrible time right now but when I was in Athens 3 weeks ago, the people were just as welcoming and friendly and warm as I've always known them to be. The news and media coverage seems to be portraying the country as falling to pieces and close to collapse, but this isn't true, the majority of the people are dealing with the crisis very well in very bad conditions.
    Personally I think that the best thing for Greece would be to leave the EU, the austerity measures being placed on them by Germany and others are a disgrace. If this happens then other countries might leave the EU as well, which in my opinion would be a good thing.
    the problem isnt to leave EU..is how this will happen..
    cos if drachma goes down like 3-5 times down after that and the conversion is like that..then we are fucked..
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • deftonesdeftones Athens, Greece Posts: 2,444
    I think that Right party and all others ''euro-friendly'' partys will manage to have enough persons inside the parliament to be the government. There are so much money to be lost by the lenders of Greece that they will never let anything else happen here. It's no coinsidence that after the previous elections where the left party for the first time was the second one, everyone around the world was trying to convince Greeks that these are the evil ones. You should see our parents how terrified they are when listening to TV saying that is the end of the world if the left party wins.
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • deftonesdeftones Athens, Greece Posts: 2,444
    MJK1889 wrote:
    Ive visited Greece 10 times in total, both the mainland and the many islands. Its one of my most favourite places on earth. They are going through a horrible time right now but when I was in Athens 3 weeks ago, the people were just as welcoming and friendly and warm as I've always known them to be. The news and media coverage seems to be portraying the country as falling to pieces and close to collapse, but this isn't true, the majority of the people are dealing with the crisis very well in very bad conditions.
    Personally I think that the best thing for Greece would be to leave the EU, the austerity measures being placed on them by Germany and others are a disgrace. If this happens then other countries might leave the EU as well, which in my opinion would be a good thing.
    I don't think they will never let us leave the EU. That's my opinion
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • dimitrispearljamdimitrispearljam Posts: 139,721
    deftones wrote:
    I think that Right party and all others ''euro-friendly'' partys will manage to have enough persons inside the parliament to be the government. There are so much money to be lost by the lenders of Greece that they will never let anything else happen here. It's no coinsidence that after the previous elections where the left party for the first time was the second one, everyone around the world was trying to convince Greeks that these are the evil ones. You should see our parents how terrified they are when listening to TV saying that is the end of the world if the left party wins.
    exactly......its a set up game...people have the power ,dont want and dont know to lose money..
    i dont see end of the world,who ever wins..but i see fuckin difficult days to come..
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • dimitrispearljamdimitrispearljam Posts: 139,721
    btw..if this left party is "really left"..then im Brad pitt
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • deftonesdeftones Athens, Greece Posts: 2,444
    dimitrispearljam wrote:
    deftones wrote:
    I think that Right party and all others ''euro-friendly'' partys will manage to have enough persons inside the parliament to be the government. There are so much money to be lost by the lenders of Greece that they will never let anything else happen here. It's no coinsidence that after the previous elections where the left party for the first time was the second one, everyone around the world was trying to convince Greeks that these are the evil ones. You should see our parents how terrified they are when listening to TV saying that is the end of the world if the left party wins.
    exactly......its a set up game...people have the power ,dont want and dont know to lose money..
    i dont see end of the world,who ever wins..but i see fuckin difficult days to come..
    There are difficult times coming cause every thing that they voted for like reducing the wages, taxes and more are becoming reality now. My job is accountant and all the people i know have to pay taxes maybe 3 times more than the previous year. And all that with less wage per month. We have to learn how to live with less. The party is over for Greeks but i aggree, this is not the end of the world.The problem is that i don't see any politician bastard in the jail (don't tell me about Akis, thay used him as a pre election ''victim'' and i think he's going out in aome months).That's all people say, ok i will pay more taxes but what about all them who caused this....
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • deftonesdeftones Athens, Greece Posts: 2,444
    dimitrispearljam wrote:
    btw..if this left party is "really left"..then im Brad pitt
    Hi Brad, my name is Angelina Jolie....
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • MJK1889MJK1889 Posts: 59
    Are the KKE part of Syriza?
  • deftonesdeftones Athens, Greece Posts: 2,444
    MJK1889 wrote:
    Are the KKE part of Syriza?
    No KKE is the communist party, Syriza are several left wing smaller parties who became a left coalition. They hate eachother!
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • dimitrispearljamdimitrispearljam Posts: 139,721
    100% of exit pols

    right party : 28,6% -30%
    left party : 27.2% -28,4%

    they are sure that right party is the winner....
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • dimitrispearljamdimitrispearljam Posts: 139,721
    deftones wrote:
    dimitrispearljam wrote:
    deftones wrote:
    I think that Right party and all others ''euro-friendly'' partys will manage to have enough persons inside the parliament to be the government. There are so much money to be lost by the lenders of Greece that they will never let anything else happen here. It's no coinsidence that after the previous elections where the left party for the first time was the second one, everyone around the world was trying to convince Greeks that these are the evil ones. You should see our parents how terrified they are when listening to TV saying that is the end of the world if the left party wins.
    exactly......its a set up game...people have the power ,dont want and dont know to lose money..
    i dont see end of the world,who ever wins..but i see fuckin difficult days to come..
    There are difficult times coming cause every thing that they voted for like reducing the wages, taxes and more are becoming reality now. My job is accountant and all the people i know have to pay taxes maybe 3 times more than the previous year. And all that with less wage per month. We have to learn how to live with less. The party is over for Greeks but i aggree, this is not the end of the world.The problem is that i don't see any politician bastard in the jail (don't tell me about Akis, thay used him as a pre election ''victim'' and i think he's going out in aome months).That's all people say, ok i will pay more taxes but what about all them who caused this....
    i agree with you..its all logic..this is comon sense..i wish more Greeks think this way..
    as for 3 times taxis..with less wage per month...its fuckin true...
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • MJK1889MJK1889 Posts: 59
    deftones wrote:
    MJK1889 wrote:
    Are the KKE part of Syriza?
    No KKE is the communist party, Syriza are several left wing smaller parties who became a left coalition. They hate eachother!

    Ah I see, I couldn't remember if the KKE were in the coalition or not.
    The left parties are always fighting each other, that's why they don't have as much power in most countries. They never learn!
  • deftonesdeftones Athens, Greece Posts: 2,444
    I think that the bigger missed opportunity of this crisis is that we could have woken up as a nation...but we fell asleep even deeper fearing that there is the end of the world coming with Syriza and that all others, even though they voted for all these, even thought they are the 2 parties that caused all these the last 40 years, are our only hope :cry:
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • deftonesdeftones Athens, Greece Posts: 2,444
    On the other hand more than 400.000 greeks thought that they should show their anger by voting the nazi party... :evil:
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • dimitrispearljamdimitrispearljam Posts: 139,721
    deftones wrote:
    On the other hand more than 400.000 greeks thought that they should show their anger by voting the nazi party... :evil:
    its not there fault..is those fuckin politicians fault that left the country to become a fuckin shitty mess
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • dimitrispearljamdimitrispearljam Posts: 139,721
    assessment of final result,source: ministry of interior

    right party 29,5 %
    left party 27.1%
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • deftonesdeftones Athens, Greece Posts: 2,444
    So everything is ok now...we can procceed on new taxes, new wages cuts, we are saved from the devil himself...goodnight Greeks....goodnight father...goodnight mother....
    ATHENS / 30-9-2006, MANCHESTER / 20-6-2012, MANCHESTER / 21-6-2012, AMSTERDAM / 16-6-2014, AMSTERDAM / 17-6-2014, AMSTERDAM / 12-6-2018, AMSTERDAM / 13-6-2018, PRAGUE / 1-7-2018, KRAKOW / 3-7-2018, BERLIN / 5-7-2018
  • dimitrispearljamdimitrispearljam Posts: 139,721
    00:33 am

    88,00 % of votes..official results

    right party 29,93 %
    left party 26,70 %
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
  • cincybearcatcincybearcat Posts: 16,492
    Everyone wants someone else to pay for everything.
    hippiemom = goodness
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 42,426
    cincybearcat wrote:
    Everyone wants someone else to pay for everything.

    Well, in that case, I want you to buy me tickets to the next PJ show on the west coast, Cincy. (What the heck- the worst you can say is no.) :)
    "Pretty cookies, heart squares all around, yeah!"
    -Eddie Vedder, "Smile"

    "Try to not spook the horse."
    -Neil Young













  • dimitrispearljamdimitrispearljam Posts: 139,721
    1:21 am

    96,92 % of votes..official results

    right party 29,71 %
    left party 26,85 %
    "...Dimitri...He talks to me...'.."The Ghost of Greece..".
    "..That's One Happy Fuckin Ghost.."
    “..That came up on the Pillow Case...This is for the Greek, With Our Apologies.....”
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