The current EU losing streak started on March 25. From there on, it has been only losing days on EU. On multi-year EU backtests, 2012-2013 has been the worst period for this bot. On a backtest over that specific period, the longest single EU losing streaks lasted since September 17, 2012 till January 02, 2013 (that's three and a half months) and since April 23 till June 18 (that's almost two months). If memory serves me, it was also due to the Greek drama back then.
Difference between then and now? Back then, Greece wasn't facing a tough choice to either pay back the IMF (not doing which would constitute a spiraling default on all of its other obligations) or pay its domestic pensions and salaries. Back then, it was just a matter of defaulting or not defaulting on its debts owed to private bondholders (who were eventually forced to take a significant debt haircut during the so-called 'restructuring'). So deadlines kept shifting for months and the whole thing dragged on for nearly a year. With IMF, there's no such thing as shifting deadlines. It's either you pay on time or within 30 calendar days you have a 'credit event' served to you in cold blood. That's how that fund works - ask Argentina. Dats how dous bruhs roll, yo - as some Harlem boys would say. :) The same is the case with the domestic paychecks - regrettably, the pensioners and the government employees need to eat daily, so they need to have their paychecks on time. :) So no deadline shifting for months here, it's either up or down and soon. Watch May 6 and May 12 as deadlines (the dates of the IMF paybacks totaling 1 billion EUR). Party time!