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EURCHF Plummets On Casey Anthony Verdict
We kid... We kid... Who the hell know what caused the surge in the Swissy. Maybe the fact that the Titanic just sank by another 5 feet. We'll confer with the violinists and let you know. In the meantime we fully expect the mean reversion algos to take over and reverse the correction overshooting by 2 std devs to the upside next.
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Too fracking funny. What next, a hang nail causes a flash crash?
Wait a minute, I didn't say that.
Ever have a hangnail that felt like it was going to peel off up to your elbow?
http://www.youtube.com/watch?v=5jaI1XOB-bs
I can see that in the chart above, sure.
For those who missed it Ted Rall explains why there is still no jobs.
http://cdn.svcs.c2.uclick.com/c2/7df7b7a084d8012ee3c400163e41dd5b?width=...
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...
Thats why I only go balls out and long...
Is that the new way to Go Commando?
http://en.wikipedia.org/wiki/Going_commando
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 www.marketwatch.com]
"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?
Bad thing about that, now the zipper has to go back DOWN! :>(
Swiss exposure to Portuguese debt?
-
It is probably more a factor of "safe-haven" status for the Swissie than their exposure to specific European debt.
:D
Not guilty, bitchez
She's guilty alright. Guilty of giving me a bit of a tingle.
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.
Depends on the burden of proof... they'll make the leaps on a preponderance standard... beyond a reasonable doubt is a whole other ballgame.
If there is a video of a murder and you happen to be a police officer, it also didn't happen - http://www.youtube.com/watch?v=RZ1qMUmsTy8
they convicted Scott Peterson on less evidence than this
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.
I'm pleased to say when somebody mentioned it to me today, I said: Who's that?
ditto
ditto
Not riveted.
The damn Silver Eagles are just too shiny and have focused my attention all those weeks.
Now that was funny!
She obviously killed that girl but not enough evidence to prove it. Sad though.....
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
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
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.
Arch,
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?.
You will drop until dead. dead. dead.
The paper money that is.
"Take away all my silver
Take away all my gold
And hand me a stack of paper
Paper money don't hold"
http://www.youtube.com/watch?v=LJz1ZaOtbiI
....and the USD spikes and the Dow drops all at the same time.....
...and gold continues it's climb to the moon.
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
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.
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.
Gotta pay those InTrade bets gone wrong.
Sell my physical gold and silver. THAT, is not going to happen. Luv it.
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.
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.
/:
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?
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.
Privatization, I think you smell the IMF Structural Adjustment Program.
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).
OR
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.
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.
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
Election year coming up. Its part of the clamping down on Wallstreet theme/farce.
Anthony innocent, Anthony innocent,
DOES NOT COMPUTE< DOES NOT COMPUTE...DANGER>>DANGER
I wonder what Financial Fantasy the French will conjure up for Portugal's second round?
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?
Right on. Always present, just gets very visible with current low volume and excess spec trading.
Thanks. Paranoia is a bad thing if consumed alone.
Has anyone seen Waddell lately?
funny. I thought it was the snowstorm.
Heatwave. We're gonna have a heatwave.
http://www.youtube.com/watch?v=XE2fnYpwrng
Portugal Downgrade.
+1 It has just been reported by Reuters
reports of an unprecedented naval catastrophe
http://www.flickr.com/photos/7552559@N06/1603601860/
A "Cat-ass-" trophe?
Now, that's just disgusting.
:0
Cat ass trophy for that guy. Ewww! Guess he is really commited to that point of view.
So people aren't going to like the tattoo of baby birds emerging from a nest of my ass hair? Damn, I should have just spent my weekend drinking and blowing my fingers off like everyone else.
lol I think you should do at least one comedy post a day Tyler - I bet you that at least one gets picked up on some MSM show as the 'TRUTH'.... Reading that headline brightened up my otherwise dull afternoon ;-)
But Tyler's posts are all about these Financial End Times, and the people and policies that got us here.
They're all comedy posts.
It's just really dry humor.
Ni HOW MA!!! ????
On the Lindbergh baby trial..Newspaper writer H. L. Mencken called the kidnapping and subsequent trial "the biggest story since the Resurrection".[4
Turn those machines back on!
+$1
In the meantime we fully expect the mean reversion algos to take over and reverse the correction overshooting by 2 std devs to the upside next.
LMAO! "It's funny 'cause it's true...."- Homer Simpson
Tyler, have you the volumes? From my very limited view it looks we are talking about serious volumes there. The Swiss National Bank is not doing this, I'm sure.
By Stephen L. Bernard
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--The euro extended its losses Tuesday after Moody's Investors Service downgraded Portugal's credit rating by four notches and into junk status.
Moody's slashed Portugal's rating to "Ba2" from "Baa1" and assigned a negative outlook on the rating. The rating was cut because of worries Portugal might need a second round of financing and that it might not be able to meet deficit reduction targets.
The euro is at $1.4459 from about $1.4488 just before the report was released, according to EBS via CQG.
-By Stephen L. Bernard, Dow Jones Newswires; 212-416-4528;
stephen.bernard@dowjones.com
(END) Dow Jones Newswires
July 05, 2011 14:16 ET (18:16 GMT)
Copyright (c) 2011 Dow Jones & Company, Inc.
___________
Courtesy IBFX...
Cut down FOUR notches! Holy smokes.
Junk sovereign debt does not buy as much margin or leverage as plain old crappy sovereign debt in either the regulated or shadow banking system. In the dismal science's version of rock, scissors, paper- Bernanke's eraser will beat Birinyi's ruler every time.
Just look at EURUSD, it''s the same happening there.
Someone selling Euros against all currencies.
Thanks, now I get it.
+1
China dumping euros with both hands.
The NWO globalists have struck again:
International body ICSPA to fight cybercrime globally
...
UK Prime Minister David Cameron has welcomed the alliance.
"Our government has already injected an additional £650m to help improve our national infrastructure and protect against cybercrime, but the very nature of this threat calls for more than a national response; it demands a truly global response and that is what the International Cyber Security Protection Alliance is all about," he said.
...
http://www.bbc.co.uk/news/technology-14032989
The days of free Internet are numbered, because of those Bilderberg pigs.
Whenever you hear them use those bullshit words like "global effort" or "international leadership", then you know where this shit is coming from. These control freaks want to be so clever, but are too incompetent and stupid to even get Fukushima under control. Imagine now a global government trying to contain a Fukushima like event, running around like headless chicken. That's why central planning is doomed to fail, as it always does.
A verdict? Oh noes!
Now, whatever will the sheeple have to distract them from their demise?
At least now I'll have to find another subject to embarass people who are too apathetic to pay attention to their own lives.
They are already watching Celebrity Rehab.
The ECB gave Eurovision the contest rights to select the new interharmonius multinational anthem that will be sung by all. (compulsory, mind you) "I'd like to be a cow in Switzerland" has been crowned the winner.
"We'll confer with the violinists and let you know"
Calling Yen Cross, Calling Yen Cross. Bungle in the fungible. Report to the FXmobile, asap!
and my facebook is going mad with everyone commenting on this verdict.
Too bad you don't see this type of attention to the financial system, the FED, government corruption, the wars overseas and everything else that actually effects everyone in the country
Most people love complying with their captors and the designed media bread and circuses.
WTF? You two were junked for what? Stunning. It is a fucking shame this verdict is getting more attention than the economy.
You still use facebook?
I am still in School and it is helpful to have one incase I need to contact other people in my classes.
Is that like 'MySpace'?
Getting in touch with old School people is easy, learning if they are dead, alive or otherwise still the same old lazy sacks of partying shit is even worse.
I rather not. I do keep one or three on hand to see how they are doing in life.
And the one benefit I cannot get over is learning that Hottie you lusted after in school class is now a cancer ravaged bald headed skeleton barely able to function.
if you want comedy, look at Netflix, looks like the british bear in bears6 video was right HAHAHA
Has anyone tried to buy a car or major appliance with Gold and Silver in Utah?
No, but since you mention it I did a video experiment at the farmers market, brought a bunch of silver dimes worth $3 or so, and was offering them for things costing $1. Most everyone looked at me like I was crazy. They were saying 'Thats not $3, thats .10 cents'...I'd say 'No this is a silver dime, its worth $3'. They didnt believe it.
SheepDog-One
(Who the fuck was the idiot that junked you? What they can't face reality.)
I cant imagine offering Gold shavings to buy a Snickers bar.
Its just Robo, no biggie.
Pull out a 1 ounce gold coin and show it to the average mope and explain "thats 1500 bucks in the palm of your hand" and you'll get a good laugh.
And gold apparently is in a bubble.
LULZ.
And some chump will haul out a big fucking rock, snort it and say that was 10,000 dollars of fun baby!
Either that or bend the gold coin into a spoon to cook it over a lighter.
The one thing I will do on my very last day on earth is light each and every one of the pack of the Marlboro 100's with a 100 dollar bill.
Tyler I just have to say that headline had me in stitches!!
The trial has been a huge diversion for those stricken with Americanidolitis. With so many important things going on in the world and the U.S. it is amazing that the story taking up the most time on TV (besides commercials) is this meaningless trial.
Party girl back on the streets, putting out for one and all. DSK will be out soon too, maybe he can score some a dat!
Sounds like a great opportunity to try my new pickup line: Hey beautiful! Can you tell me if this rag smell like chloroform?
Its actually "I keed, I keed"
No doubt, Playboy is going to be all over Casey Anthony for some photo shoots.
She is pretty much set for life, she'll never work a day again.
Worst case, an ECB Plutocrat will sweep her off her feet just to get his hands on those breasts.
Momo fading his taste in women, just like he fades his Momo stock calls.
Robot, forget it and I am junking you for it. The best for all of us is for that Pool mom is to go back to wherever she came from.
I wonder if LULU is ever going to have a down day again??
Short-sellers wanna know.
LOL....
I wonder how likely it would be for you to have a tragic LULU spandex accident where you were found accidentally hanged by a pair and we dont have to listen to any more of your pointless off-topic posts about some silly bubble momo stock or other.
Gold and oil soaring. Proof that 'things' rule over 'paper'. You must be puking up blood. LOL
I dont think so, the only thing Robo really loses are erasers rubbed down to a nub due to the changes in his paper trading.
Which means I want to be long pencils right?
Could be legs on this one, london closed and the asia session still to kick in, both will want to react.
obviously will be a bullish reaction
All news is good news, bullish everything.
Risk off..twas nothing more than short covering bounce. The Eur is the largest stick in the game of Risk asset kerplunk afterall.
Nancy Grace is going to be on the warpath.
Shes a psycho.
I wonder how long before the Chinese realize that they're being scammed by the EU?
Looks like we have a pattern here:
Markets
Bad news = Good News
Law
Guilty = Not Guilty
The real question is: what is the MSM going to cover now? This dumb ass trial has been getting 24/7 coverage, forever.
Tiger Woods may be available. O.J. Simpson may as well. Maybe they can dig up Michael Jackson..."his corpse is not rotting...OMG".
Lets all talk about "True Blood" and Sookie.
Anything but "reality"...except, of course, here at ZH.
Something will be found. Maybe the offspring of Mr Ed attacking the winner of the Kentucky Derby.....or some such.
Noooooo! Not Mr. Ed.
It'll be Harry Pothead for the next couple weeks.
Ech, don't get me started on Mikey. The boy is dead, leave him be. There is enough squealing and bouncing going on for decades to come.
MBW,
We always have Lohan, Part re-hab#153,after she does a sequel to leave it to the beaver, and Charlie Sheen, doing the lead in a remake of "Father knows Best".
EUR/BYR is also down by -1 per cent
Ya know, when I commented on 1515 close on gold with volume I was half kidding. Yikes. If this is the summer doldrums I wonder what happens when miners are perky.
BTFD Bitchez.
Beans, Bullets, Bullion: In that order. Junk me...go ahead...
You forgot the Band-Aids...
They fight.
Or whorehouse all night or until pay is gone. Whichever is first.
"S&P rallies back from a mid day sell off to close higher for the day. Leading the charge were Barnes and Noble and Amazon shares, as traders were quick to price in future book sales linked to the Anthony trial."
Next up DSK and Anthony make love child (albeit non-consensually). That child pronounced 1st emperor of Bizarro world.
That's Christine Lagarde's start at IMF
Dip buying is absolutely ferocious.
I wonder if 3rd Quarter "performance anxiety" is setting in?
I figured everyone would dump TSCO, NFLX, AAPL, FOSL, etc. after showing an outsized position on the June 30 statement print.
But these idiots keep buying more and more.
Hey, isn't enough enough??? LOL.....
Dip buying absolutely ferocious, yea just look at the -0- volume. :P
Check out the "bridge" buy formation (on volume) that opened HES today. Huge buying on the price rise of oil. Makes sense. But then one large sell order followed it. Oil supply/demand sets up the price action, and Algo Machines knock it down.
PS, a large sell order on HES in the last minute of trading. Algo Machines taking profit by scalping a finite resource. They have no value when it comes to sustainability, their only "thought" is to make money.
PPS, The more I look at the markets, the more I notice a whipsaw across oil/PM stocks in the last minutes of trading. SLW had a large buy, and PSLV had large sells. XOM had a huge buy, and HES had a large sell. NEM had a large buy order, and GG and ABX sold off. Volatility, like a shark, is in the water, and it smells blood.
One look at Lululemon is all you need to know - f'ing amazing passing through $120 today. Don't see any pullback...not yet.
Then when you do see a pullback in these triple digit P/E bubbles, no one will be around to sell to not even at half price. Same as DotCom, and all the other bubbles. One morning morons will wake up and see their LULU at $10 and go WHAAAAAAAAAAAA!!!!
I see a pullback when I see it...I don't own the thing but great canary in the coal mine.
The lower the volume the easier the levitation of the entire market, the less relevant P/E's, book values. Until there is a problem, there is no problem.
Im saying when you see a pullback, it will already be too late.
Yep, and I don't hold the thing because I don't like 20 baggers (and I invest in things I can understand)...what I do appreciate are stocks like this predictive power for risk on / risk off. $5 to $120 and still gaining speed...
When you have enough physical gold and silver (with food and ammo to hold onto it) let me know.
;-)
RoboT , can you sign off each post with a number between 1 to 10 , 10 being max bullish , and 1 being max bearish.
Because im working on a way to emperically measure your ST outlook and then package it into a monthly subscription. I sense a strong correlation between your excitement and what the market does next. Youre like a 1 man put-call ratio.
Just need to formulate your yapping and then it should be easy to monetize.
Yet maritn Armstrong was held in jail and even solitary for years of commiting NO CRIME at all.
Amerika.....got to love it.
Don't forget the attempted murder when they put a known psycho in the cell with him and stomped Armstrong and smashed his faced with a typewriter. Armstrong didn't die though--tough little bastard. I want to live in a country where the people responsible for that are tried for attemted murder, etc.
Silver and oil are kicking the shit out of the markets today, because both are experiencing huge supply crunches, and gold is chasing them. Silver demand has never been higher, and oil supply, which has been flat for five years, has finally come to the backside of production.
The Euro looks weak, but comparing Fiat is passe. Compare everything to the asset that Central Bankers use, gold, to know what is happening: the system is highly leveraged, and it is leveraged on gold reserves, the only real asset that Central Banks hold.
They can only wrap the pressure cooker with so much duct tape to keep the lid from blowing off.
This is just the Prelude to the Overture...
Wait a week or so...
Mr. Hendrix,
You're not gonna use the supply/demand argument again are you?
GOLED and silver BITCHEZ...
Supply/Demand? Never!
Open Table and Travelzoo up 8%.
Sheesh, gimme a break!!!
Its that pesky compression again. Details at 4
ah,
The 3-3:30 ramp. Like clockwork. I think this happenes because ETF's have to settle earlier in the day (2:30?) and this allows the algo's to rise on vapor.
Anyone have any insight on this?
to be correct here: the Swissy is just correlating with the gold price... CHF also stenghtens massivly against the USD
Skynet knows if it can just take out Friday's highs, the next leg of the short squeeze can ensue and S&P 1370 will burn the herd (b/c not a soul aside from B. Sack will be able to explain it).
Those who lost faith in PM's, oil, etc. will again be crucified and left chasing (always believe in the 2nd order effect, printing, rather than the 1st order of organic healing via deflation).
Cumon, somebody leak ADP!