أشرف العايدي على سي ان بي سي عربية -- 13 ديسمبر2012
Dec 13, 2012 17:49
European Banking Union made its first step in December when European finance ministers agreed the ECB will be responsible on supervising banks with over € 30 bn in assets, effectively excluding most of Germany's small saving banks. This will cover about 200 banks in Europe. ECB will have the power to intervene and set the day-to-day procedures for national supervisors, but still no word on whether it will have ultimate responsibility. For Germany, the Union will likely advance as long as it does not impinge on the +400 savings banks, which have been widely credited for the survival of small business during the financial crisis.
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On March 30th, I sent an IMT (see here) highlighting how we called the bottom in Nasdaq at 22780, with a video demonstration shown here . On Monday, we issued a bullish post on Nasdaq, calling for a rally extension to 24,440 at the meeting point of the 200-DMA. This is what we call 2000 points highlighted to out WhatsApp Bdcst Group members. We ignored the insults-ridden messages of Trump, we disregarded his threats to "destroy civilisation" and stayed Long Gold and Long Nasdaq until 4840 and 24,440. 4840, you may recall is a near make-or break level for Wave 4. So, You have two choices: Chase Trump and the news on every release, or stick to a set of fundamental and technical framework. Here is one message sent on Monday before going on holiday.
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