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Also in oil...-$1 per barrel in a NY minute.
And its all meaningless, we're still broke, and in the greatest depression. Enjoy licking these few Sterno cans when they show up, drunken bull marketeers!
Agreed...nanosecond equity and debt pricing is meaningless...save for those co located in the room next to where Duncan Niederauer takes his afternoon constitutional...which is why Average Joe's capital continues to be "on the sidelines" or other wise being used to buy food at Costco.
The absolute perversion of the "market" is on full display. Thank you for this wasteland, Ben Bernanke and Brian Sack.
Right, bro. The "austerity" package contains only empty promises that were aimed at keeping up appearances. THere's no will to be "austere" in a Bailout World. And bankers asking unemployed Greeks to be austere is untenable
What was the reason for that drop?
The logical exhaustion of yesterday's mentally retarded snap back rally. Or...algorithms.
Rather than asking obvious questions, you should be using your time to tune in your pulse rifle, as Skynet is obviously self-aware.
Does anyone know where the terminator manufacturing facility is located?
What was the reason for DOW last week going from 11,800 to 12,200? What is the reasoning for the DOW to be anywhere over 8,000? Nothing.
I love the yen, after all the BS it takes from everyone, its hard to argue with a currency whose participants accept it without question and produce far more than they consume.
spreading to other risk metrics.
Doubt it. The R2K will ramp into the close and end the quarter far higher than it is right now. Good luck to "risk metrics" not bouncing. BTFD.
Nope. After the dust settles from this Greece nonsense, US goes down hard, much to the 'all is well DOW 36,000' crowds total surprise.
YouTube - 'US going down next after Greece'
You are joking, right?
US is much stable then any Country out there.
US can take another 14 trillion in Debt
without any circumstances, if need it.
why not make it another 144 trillion just to really make sure.
'USA much more stable' yea in a depression and $600 trillion in debt, probably can double that and be near reality. You live in a fantasy world of typical soft sheeple spectator americans, and youre about to go down hard.
Yeah, because Americans are able to support $90,000 in debt per capita, in addition to their own.
Christ, what a moron.
Yeah, I'm gonnn listen to a guy that said buy silver at 44 and crash JP Morgan. What a fucking joke to think silver could crash JP Morgan. You'd have to think 2 + 2 = 20 to believe that utter non-sense.
The USA goes down hard. LOL. Not a fucking chance. Bridgw loans to states, budget cuts, low interest rates, low p/e's, global companies selling at 7x earnings....what is not to like for christ sakes. We will stomp on the terra.
how can 2+2 = 20 ? i dont get that...sorry...
Another worthless shit talker that doesn't disclose his positions. C'mon, tough guy. All-in R2K???
Dude, you clearly don't understand total sarcasism. I'm starting to believe the level of intelligence around here is very very low.
Dude, pretending to spell 'sarcasm' correctly and bitching about the intelligence level of others is laughable at best. RobotTrader you are not.
'Bridge loans from someone forever'! Yea so worthless spoiled lazy americans can have their comfy retirement at The Villages, bunch of sheeple.
All those thinking there's a fraction of an ounce of free markets that remain in the Greatest PonziMatrix ever scream:
My eyes! My eyes!
Kapitaljizm under Central Bankster rule burns!
My eyes! My eyes!
Kapitaljizm under Central Bankster rule burns!
First reaction not always the correct one,
have to wait and see few hours.. Sell the news hit first
then you buy ... but who is guarantee the bargains are still going to be there if you wait ... me i jump first and then see what happens but thats me ...
Greeks THIS IS SPARTA¡ Burn the PArlamient¡
Your politicians dont represent low-middle classes¡
STATE OF SIEGE coming in Greece.
I hope they do drag every politician out, string them up, and burn the place down...but thats the least of our worries in far-worse USA.
People actually expect me to believe any of this is good news? Try it on someone else. We're in a depression, papered over with rice paper...the beast is about to be unleashed.
It's all Greek to me.
Then why are stocks up pre-market?
Why? Are you burning short? Keep shorting.
I would never short so long as the Federal Reserve exists.
Famous last words heard by the eviscerated, circa 1987, circa-1999, circa 2002, circa-2007, circa-so many times since 1913 that it's easy to lose count.
Looks like someone got caught short today, eh?
Good day not to trade. This solves absolutely nothing.
Its all simply BS. Theyve done such a good job 'externalizing' all problems that americans now sit spoiled stupid, thinking nothing ever touches us when in fact we're far worse off than Greeces little trivial $100 billion problem.
Ever heard of War? The USA clearly has a fiscal problem but it can cleary be solved with power grabs and even clearer is that is the choice we are making. I wouldn't want to be sitting anywhere east of the Atlantic.
Yea right, its always just fine in america, and if theres a pinch, just go to war and kill people. YOU go! Lets see you put your money where your big fat mouth is and grab a rifle and head to the front line douchebag!
You're a little touchy this morning Sheepy. I'm just callin' it the way I see it. I pledge no alligiance to any entity.
Go pick up a rifle and head to the front lines, bigmouth! THATS the way I see it!
The way you see it is skewed because of your 'normalcy bias' sheep eyes!
50+ pts in the \ES in 3 days in anticipation of this news. Smart money will be out before the W/E.
Notice how they are selling down now. Sell the news.
And gold and silver are also joined at the hip with ES futures and EUR/USD, getting thrown out with everything else.
"But Jim, I thought Alf and Armstrong said......"
Heh, gold bugs better start cheering for Dow 15,000
GOOD, little piss ant! Let me buy more lower, fine with me I totaly welcome the opportunity! Nothings changed dickhead!
Red by 10:30.
And? 2 days of 100+ move, Markets can rest a bit.
VIX dropped dead.
12,100 average for the DOW going back 7 months Greeny! Your big market upside has already been seen at 12,800.
Greeny is fine. He's been long and strong for 12 years, losing 35% of his money in real terms, being flat in nominal terms, and if one were to include all his holding that went to zero (delisted, BK, 'insolvent for other reasonsTM'), he's only down 50% or so.
The beauty of the constantly re-jiggered equity "indexes," where survivorship bias is kept in that dark, corner closet by the sell-siders.
My point is if you are expecting a huge rally today then you are in for a surprise. There is NO GOOD reason why the DOW ran up 200+ points in 2 days other than this no news news. Bank stocks are up because BAC is coughing up $8.5B ?
You bet, Robo. You haven't heard too much around these neck of the woods about silver completely decoupling from stocks lately=down. Stocks up, silver down. Stocks down, silver down. It will retest support at 29 soon. Buy the R2K; it's the only way to go.
What, youre saying people buy PM's because theyre coupled to stocks? Idiot.
What I am saying is when silver is going up and stocks down the shills around here, like you, will proclaim that the ponzi is over--see?, when in fact it reverses you go silent. So I get it, people like you are poor sports that were abused in grade school by the bullies, right?
I myself never said gold and silver have ANYTHING to do with phony stock paper! Little punkass bigmouth talking about how its all good, we can just go to war, go put on a uniform, pick up a rifle and YOU head to the front lines! Put your money where your big fat mouth is!
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