• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

Market Plunge Guaranteed With Critical German Vote Tomorrow; Merkel Warns Of EMU Failure If Bundestag Vote Doesn't Pass

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Thu, 05/20/2010 - 08:48 | 362713 Kina
Kina's picture

No end of black swans now circling.

Thu, 05/20/2010 - 08:58 | 362741 LoneStarHog
LoneStarHog's picture

Maybe they can form their own racially-oriented caucus, as it would be so in vogue and total ecstasy for contemporary liberals.

Thu, 05/20/2010 - 08:59 | 362742 Cursive
Cursive's picture

Awesome imagery.  This would make a great gift from the ZH store.

Thu, 05/20/2010 - 09:09 | 362773 Whizbang
Whizbang's picture

Wait, isn't a second "black swan" event impossible?

Thu, 05/20/2010 - 09:33 | 362818 mephisto
mephisto's picture

If a market crashes in 10 minutes and recovers in 5, did it crash at all? If it didnt, was it a black swan?

Dont know the answer, just throwing it out there. 

Thu, 05/20/2010 - 11:02 | 362972 Nearing Coleman
Nearing Coleman's picture

Certainly not if all the trades are cancelled. Just stand that index right back up and re-root it.

Thu, 05/20/2010 - 08:55 | 362732 SignsAndWonders
SignsAndWonders's picture

Another factor: suits on capitol hill need another boost from the market to get past the impasse on fin reg.



Thu, 05/20/2010 - 08:58 | 362733 Sudden Debt
Sudden Debt's picture

people need consistency in their lives

It's time for me to go trash the yahoo board again, it's part of my anger management course :)

Thu, 05/20/2010 - 09:01 | 362744 TBT or not TBT
TBT or not TBT's picture

The euro on the other hand, they didn't need, it turns out.   Au contraire.

Thu, 05/20/2010 - 09:04 | 362754 Sudden Debt
Sudden Debt's picture

C'est la vie. Mois j'ai déjà transférer mon argent dans des comptes en dollar depuis 4 semaines.

Bien bien :)

Thu, 05/20/2010 - 11:58 | 363111 Pope Clement
Pope Clement's picture

Soyez pas con ! De L'or chiennes !



Thu, 05/20/2010 - 09:05 | 362755 Caviar Emptor
Caviar Emptor's picture

Think some here are underestimating how close to the precipice even the US really is.

Thu, 05/20/2010 - 09:07 | 362765 LoneStarHog
LoneStarHog's picture

Close?  We have already gone over and in the proverbial sense saying, "So good, so far!", as we plunge toward the bowels of Hades.

Thu, 05/20/2010 - 09:26 | 362801 Sudden Debt
Sudden Debt's picture

It reminds me of a movie where that cowboy riding the bomb when it falls out of the bomber while yelling JJIIHhhhaaa!! :)

Thu, 05/20/2010 - 09:38 | 362829 mephisto
mephisto's picture

Dr Strangelove.

Blankfein in a 10gallon hat? Weird image.

Thu, 05/20/2010 - 09:35 | 362824 mephisto
mephisto's picture

Not sure about that, the ZH'ers focus on gold is getting stronger as the precipice approaches, which makes sense, no?

Thu, 05/20/2010 - 09:05 | 362757 ZackAttack
ZackAttack's picture

Where have we heard that shit before?... "Pass TARP or they'll be fighting in the streets over rat meat."



Thu, 05/20/2010 - 09:05 | 362758 buzzsaw99
buzzsaw99's picture

predictable. goons.

Thu, 05/20/2010 - 09:09 | 362768 john_connor
john_connor's picture

Yeah and what happened after TARP was approved.  CARNAGE.

I'll never forget when Buffett came on TV and said to buy stocks, and then the market proceeded to drop about 20% plus over the course of a few weeks.

Thu, 05/20/2010 - 09:40 | 362838 ZackAttack
ZackAttack's picture

I thought it would've been much more helpful to the investing public if Uncle Warren had disclosed how many puts he'd sold against S&P 1500.

His giving advice to buy, given his conflict of interest, is like an older brother telling you not to smoke and drink because he has a cough and a hangover.

Thu, 05/20/2010 - 09:21 | 362793 Grand Supercycle
Grand Supercycle's picture


EURUSD buying support is still evident.

Updates here:



Thu, 05/20/2010 - 09:25 | 362797 John Bull
John Bull's picture

Does anybody know what time "zse Germans" will vote? 

Thu, 05/20/2010 - 10:44 | 362934 desgust
desgust's picture

How many languages do you speak, you asshole?
Mock your mother, fucker!

Thu, 05/20/2010 - 09:34 | 362820 Szydkid
Szydkid's picture

Is it me or are all the swans black this week?  And why is that squid holding a can of spray paint?

Thu, 05/20/2010 - 10:26 | 362910 Thoreau
Thoreau's picture

Merkel is saying one thing in public; but I can't help but suspect that she's singing a different tune behind the scenes. I mean, she's not stupid; certainly she sees the futility of pissing good, potential deutsche marks into the wind.

Maybe a surprise vote tomorrow?

Thu, 05/20/2010 - 15:32 | 363682 Grand Supercycle
Grand Supercycle's picture


For several days I have been warning of EURUSD buying support as detected by my indicators, and this has been confirmed by the recent break out.

The proprietary indicators I use can identify trend changes before they occur.



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