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To: ChanceIs who wrote (156806)9/12/2011 7:52:56 AM
From: ChanceIs  Read Replies (3) | Respond to of 206089
 
Greek 1 Year Bond Yield: 111.7%

>>>I don't have a crystal ball. I am playing this as if it were '08 all over again. Italy had a basically failed bond auction this AM. Crude crashed from $140 to $35 immediately post Lehman. I don't think I will short it. I think that all equities regardless of the business segment will get sold.<<<

Submitted by Tyler Durden on 09/12/2011 07:42 -0400

In the chart below, for all intents and purposes, green means red. Also, the probability of Greek default according to at least one data service is a little over 100%.