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Tuesday, May 4, 2010

Music on loop...

After a short-selling ban from the Greek government last week, we knew what would happen. We know better, and it seems the politicians can't figure it out themselves. I really don't know who teaches economics and other things to them.

So, history doesn't repeat, but it often rhymes. Well, just like any other time, when the government banned shorts, this measures had done nothing to prevent the declines...

I bet the greek politicians are scratching their heads right now:
Ok we can't blame the short sellers now, who should we blame then? Easter bunny perhaps?

Today the Greek stock market fell -7% ... seriously when will these guys learn a thing or two?

But no problem, we rather use the government's decisions as contrarian signals ... :
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