Question for you technical types

[BamaJoe]

Now I'm just a simple good old Southern Boy. I look at charts and such, but to be honest, when it comes down to it I tend to go with my gut and common sense. I have to say, in the past they have both served me well. I got out tech stocks about 6 months before that bubble burst, moved heavy into pm's in 2001 and got out out stock again (mostly financials at that time) before that bubble burst.

I do have a decent grasp of most of the technical terms used in evaluating stocks and bonds. Breakouts, Candlesticks, Dead Crosses, Double Bottoms, etc., no problem. Today I hit a brick wall when I ran into a new technical term. What the friggin hell does "MONKEYHAMMERED" mean??? It sounds like somthing that should be in the title of a pron movie.

Greek Bonds Monkeyhammered As Hedge Funds Slash Hands Catching Falling Knives | ZeroHedge

http://www.zerohedge.com/news/greek-bon ... ing-knives

[Jonflyfish]

While I don't pretend to know more than the next guy, the term "monkey" in the markets is commonly used amongst traders to quantify or describe something as being big and/or serious. Monkey long or monkey short would refer to the position size and be the antithesis of being a piker. Monkey hammered would refer to a seriously big beating.

Cheers!

[everything]

All they need is a simple friendly war, take over each country one at a time as it goes broke and revitalize it. I don't really understand the Euro, did they think they could copy the dollar policy or something?, as if we were not going to compete with them, bond wars? Obviously, we can't hit the reset button, but they probably could, maybe very carefully. One of those EU countries is so broke that a bankrupt dairy farm just sold to China for 170 million. The amount of bottom feeding that's been going on is always interesting, oh, I'm not a technical type and barely understand bonds.