EURCHF Plummets On Casey Anthony Verdict

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Tue, 07/05/2011 - 14:26 | 1427248 Cognitive Dissonance
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Too fracking funny. What next, a hang nail causes a flash crash?

Wait a minute, I didn't say that.

Tue, 07/05/2011 - 14:56 | 1427351 GoinFawr
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Ever have a hangnail that felt like it was going to peel off up to your elbow?

I can see that in the chart above, sure.

Tue, 07/05/2011 - 14:57 | 1427358 Gully Foyle
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For those who missed it Ted Rall explains why there is still no jobs.

Tue, 07/05/2011 - 15:19 | 1427412 Sudden Debt
Sudden Debt's picture

I still remember that day in 2008, it was oktober the 15, when my dick got stuck in my zipper...

the markets tanked for weeks... months...


that's why I only wear sweatpants anymore...


Tue, 07/05/2011 - 15:27 | 1427441 TheFinancialNinja
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Thats why I only go balls out and long...

Tue, 07/05/2011 - 15:34 | 1427479 Cognitive Dissonance
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Is that the new way to Go Commando?

Tue, 07/05/2011 - 16:30 | 1427628 Blotsky
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With everything thats happening, I bet it would be safe (Portugal just got downgraded) to go without pants and underwear altogether...


NEW YORK (MarketWatch) -- The dollar and Treasury prices extended gains on Tuesday after Moody's Investors Service cut its credit rating on Portugal to below investment grade. The dollar index /quotes/zigman/1652083 DXY +0.38% , which measures the performance of the greenback against six currencies, rose 0.5% to 74.668, after being up about 0.2% in earlier trading. The euro /quotes/zigman/4867933/sampled EURUSD -0.89% fell 0.8% to $1.4422 after being down about 0.4% prior to the rating cut. Yields on 10-year notes /quotes/zigman/4868283 10_YEAR -1.73% , which move inversely to prices, fell 7 basis points to 3.13%, from 3.15% earlier.
[link to]

Tue, 07/05/2011 - 16:45 | 1427683 GoinFawr
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"With everything thats happening, I bet it would be safe (Portugal just got downgraded) to go without pants and underwear altogether..."

Y' ken yer kilt?

Wed, 07/06/2011 - 00:36 | 1428733 StychoKiller
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Bad thing about that, now the zipper has to go back DOWN!  :>(

Tue, 07/05/2011 - 15:18 | 1427415 Popo
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Swiss exposure to Portuguese debt?

Tue, 07/05/2011 - 15:30 | 1427449 Popo
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Tue, 07/05/2011 - 15:31 | 1427461 Orly
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It is probably more a factor of "safe-haven" status for the Swissie than their exposure to specific European debt.


Tue, 07/05/2011 - 14:26 | 1427249 trav7777
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Not guilty, bitchez

Tue, 07/05/2011 - 14:36 | 1427280 malikai
malikai's picture

She's guilty alright. Guilty of giving me a bit of a tingle.

Tue, 07/05/2011 - 14:57 | 1427333 duo
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prosecutors have to learn that circumstantial evidence cases can't be won.  Juries are not capable of using logic and reason.  If there wasn't a videotape of it, it didn't happen.

Tue, 07/05/2011 - 15:28 | 1427448 MachoMan
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Depends on the burden of proof...  they'll make the leaps on a preponderance standard...  beyond a reasonable doubt is a whole other ballgame.

Tue, 07/05/2011 - 15:32 | 1427472 Dr. Richard Head
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If there is a video of a murder and you happen to be a police officer, it also didn't happen -

Tue, 07/05/2011 - 16:30 | 1427631 trav7777
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they convicted Scott Peterson on less evidence than this

Tue, 07/05/2011 - 14:59 | 1427366 Michael
Michael's picture

One person's human interest story the entire country has been riveted to for the past 6 weeks is of no consequence to anyone, and has no affect on you lives whatsoever. That's the nature of the human interest story distraction the dead stream media presents to sheeple on a regular basis.

Tue, 07/05/2011 - 15:55 | 1427535 Bastiat
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I'm pleased to say when somebody mentioned it to me today, I said:  Who's that?

Tue, 07/05/2011 - 15:59 | 1427546 anonymous_user_...
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Tue, 07/05/2011 - 15:59 | 1427547 anonymous_user_...
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Tue, 07/05/2011 - 17:55 | 1427875 HungrySeagull
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Not riveted.

The damn Silver Eagles are just too shiny and have focused my attention all those weeks.

Tue, 07/05/2011 - 14:26 | 1427250 Archimedes
Archimedes's picture

Now that was funny!

She obviously killed that girl but not enough evidence to prove it. Sad though.....

Tue, 07/05/2011 - 14:49 | 1427335 Raynja
Raynja's picture

America got rid of innocent until proven guilty and replaced it with as guilty as msm says they are.

Wheres charlie sheen or lilo or dsk? Someone distract me from reality

Tue, 07/05/2011 - 14:58 | 1427362 cosmictrainwreck
cosmictrainwreck's picture

if somebody could just figure out how to get that self-righteous cunt on CNN (Nancy Drew?) to just STFU and go away....... sadly, that day will never come, either

Tue, 07/05/2011 - 16:02 | 1427553 Ned Zeppelin
Ned Zeppelin's picture

Nancy Grace - made a career of sneeringly referring to Casey Anthony, who no doubt is guilty of murdering her child, as "Tot Mom," and who must now be fuming about the lack of a guilty verdict.  They had Casey fitted for the noose weeks ago.

Tue, 07/05/2011 - 16:56 | 1427733 DosZap
DosZap's picture


What is even more odd, is the forensics team, could NEVER find a cause of death.

In this day and age, I find that incredible.

She's in the trunk,uh..................?

One year for each of 4 lying counts..She walks, as she's been locked up longer.

Wonder how many years the baksters would get PER lie?.

Tue, 07/05/2011 - 14:27 | 1427252 HungrySeagull
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You will drop until dead. dead. dead.


The paper money that is.


Tue, 07/05/2011 - 15:56 | 1427540 takinthehighway
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"Take away all my silver

 Take away all my gold

 And hand me a stack of paper

 Paper money don't hold"

Tue, 07/05/2011 - 14:27 | 1427254 Pinktip
Pinktip's picture

....and the USD spikes and the Dow drops all at the same time.....

Tue, 07/05/2011 - 20:03 | 1428165 baby_BLYTHE
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...and gold continues it's climb to the moon.

Tue, 07/05/2011 - 14:28 | 1427256 monopoly
monopoly's picture

You know Tyler, in this absurd, broken market that would be as good a reason as any, and probably make more sense than most of the crap MSM puts out.

Anthony verdictl LOLOL

Tue, 07/05/2011 - 14:29 | 1427261 monopoly
monopoly's picture

We are bleeding a bit here. I am itching to short this market big time but except for short RIMM....again, just being patient, no rush, no rush.

It will all come together, that much I know.

Tue, 07/05/2011 - 15:35 | 1427481 DeadFred
DeadFred's picture

They're going to run this short squeeze past the recent multiyear highs. If the squid smells blood fundamentals are of no consequence. If so it's a loss for esthetics since topping out now would create a head and shoulders pattern that would be a thing of beauty.

Tue, 07/05/2011 - 14:31 | 1427264 mynhair
mynhair's picture

Gotta pay those InTrade bets gone wrong.

Tue, 07/05/2011 - 14:31 | 1427265 monopoly
monopoly's picture

Sell my physical gold and silver. THAT, is not going to happen. Luv it.

Tue, 07/05/2011 - 14:51 | 1427266 hambone
hambone's picture

Churn and burn on nothing...just pulling in suckers and wringing them out.

Classic Skynet pulling a "crazy ivan" and then returning to original course.

Tue, 07/05/2011 - 14:33 | 1427270 Orly
Orly's picture

Must have got a sell signal on the Euro on the Daily. PPT sez, "Buy, buy, buy!"

Par for the course, I'm afraid.  One day, when this market returns to some semblance of normalcy, 4X traders everywhere will have nerves of steel.  We should just consider this emotional training.


Tue, 07/05/2011 - 14:53 | 1427344 Orly
Orly's picture

Forgive the reply to myself but it does make one wonder...

Why, alla sudden, are the ratings agencies getting religion and actually doing their job?  My conspiracy-theory senses are tingling...

Any thoughts on the giant picture?

Tue, 07/05/2011 - 15:06 | 1427386 scratch_and_sniff
scratch_and_sniff's picture

Its not just the CDS market that had me wondering about Portugal, but the fact that they BROUGHT FOWARD privatisation plans(who does something like that?), which stinks of them having something sensational to hide. Either way, they were going to get it eventually.

Tue, 07/05/2011 - 21:07 | 1428276 Rick64
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Privatization, I think you smell the IMF Structural Adjustment Program.

Tue, 07/05/2011 - 15:21 | 1427392 hambone
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My head spins w/ all the possibilities...nifty way to keep T market from blowing up as constant PIIGS  roast keeps a bid for "safety" of T's in lieu of Fed?

PM's / Oil were on the cusp of breaking up through significant technical levels...what better way to slow this down than a little "dollar strengthener" news in a can (non-news).


Realization that Lululemon was on the verge of becoming the most valuable company in the universe as it crossed $120...organized Lulu takedown; must keep the ponzi believable.

Tue, 07/05/2011 - 15:30 | 1427457 SmoothCoolSmoke
SmoothCoolSmoke's picture

My theory is this;  The Rating Agencies know the cliff is coming up fast.  When we roll over it and they are still saying "Sunny skies ahead", they know they will, this time, run out of business completely.


Tue, 07/05/2011 - 15:33 | 1427476 gorillaonyourback
gorillaonyourback's picture

maybe further deflate the assets of the countries involved so the rich(IMF,WB, etc..) can go buy shit up even cheaper.  A way to start a fire sale.  just look in england where greece was trying to self off it national assets..... NO BUYERS.  get the price down lower


Tue, 07/05/2011 - 21:09 | 1428284 Rick64
Rick64's picture

 Election year coming up. Its part of the clamping down on Wallstreet theme/farce.

Tue, 07/05/2011 - 14:32 | 1427271 the not so migh...
the not so mighty maximiza's picture

Anthony innocent, Anthony innocent,


Tue, 07/05/2011 - 14:33 | 1427272 carbonmutant
carbonmutant's picture

I wonder what Financial Fantasy the French will conjure up for Portugal's second round?

Tue, 07/05/2011 - 14:35 | 1427276 Ghordius
Ghordius's picture

Serious question: I thought this is the correction from the "let's look better before quarter close" trading pattern on June 30th? Or am I the only one seeing this kind of patterns?

Tue, 07/05/2011 - 14:42 | 1427301 oldmanagain
oldmanagain's picture

Right on.  Always present,  just gets very visible with current low volume and excess spec trading.


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