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DAX Crashes Most Since Black Monday - Erases Paris Attack Gains

Tyler Durden's picture




 

Having ramped its way up to the cliff's edge of China devaluation and Black Monday's free-fall, Germany's DAX has come unbuttoned rapidly with a 480-plus point droip today. Down over 5.5% in the last 3 days, crushed back under 11,000 today with a 3.75% crash - the most since August 24th - all thanks to Draghi over-selling his "whatever-it-takes"-ness... after the Paris Terror attacks.

Paris Attack "Gains" Gone - DAX is down over 480 points!!!

 

Frankfurt-ered

Charts: Bloomberg

 

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Thu, 12/03/2015 - 13:04 | 6871207 KnuckleDragger-X
KnuckleDragger-X's picture

Shiny and no less than what can be expected from the entire EU soon. They keep expecting unicorns and rainbows but getting sewer rats and dog turds.....

Thu, 12/03/2015 - 13:18 | 6871212 BlueViolet
BlueViolet's picture

If only we'd wake up and smell the napalm being prepared, a financial cataclysm of biblical proportions >> http://bit.ly/1KogtGi

Thu, 12/03/2015 - 13:24 | 6871325 SILVERGEDDON
SILVERGEDDON's picture

Those new arrival refugees better start stimulating the economy over there toot sweet, and ramping the markets back up.

Germany should threaten to send them all back home if they don't get at 'er real quick.

That should save the day.

Thu, 12/03/2015 - 14:59 | 6871946 Fish Gone Bad
Fish Gone Bad's picture

I was watching the DAX melt and thought, "Wow something must be REALLY wrong." Then I went back to feeding the cat.

Thu, 12/03/2015 - 13:06 | 6871223 Money Counterfeiter
Money Counterfeiter's picture

Print mf's print.

Thu, 12/03/2015 - 13:09 | 6871245 herkomilchen
herkomilchen's picture

They lack the courage to print.  Send in Bernanke.

Thu, 12/03/2015 - 13:25 | 6871329 JRobby
JRobby's picture

No PPT?

Thu, 12/03/2015 - 18:49 | 6873043 kiwimail
kiwimail's picture

What if the PPT was all in and it didn't work???

Thu, 12/03/2015 - 13:04 | 6871208 BlueViolet
BlueViolet's picture

Oh boy!

Thu, 12/03/2015 - 13:06 | 6871222 SWCroaker
SWCroaker's picture

Wow.  Represents a wipe-out of the last 12 day's gains.   Gonna take another 2 weeks to recover from this crash.  

Oh.  The pain.

Thu, 12/03/2015 - 13:07 | 6871225 NoDebt
NoDebt's picture

To be honest, I thought the Tylers were over-playing how big a disappointment it was that the market only got what was long expected out of Draghi, and no more.  Apparently I was wrong.

PPT, please pick up the white courtesy phone.  PPT, white courtesy phone, please.

Thu, 12/03/2015 - 13:08 | 6871234 1stepcloser
1stepcloser's picture

My Hawk is bigger than your Hawk!  

-May the Schwartz be with you!

Thu, 12/03/2015 - 13:15 | 6871271 Doppelganger71
Doppelganger71's picture

I see your schwartz is as big as mine - now, let's see how well you handle it LOL...............................

Thu, 12/03/2015 - 13:19 | 6871288 ghostzapper
ghostzapper's picture

Banksters don't like break below 2069/2070 so must . . . . . . keep . . . . . . . crude . . . . . . . above . . . . . . . 40.

Thu, 12/03/2015 - 13:22 | 6871302 TheBeatles
TheBeatles's picture

All 1oz Silver coins are €12 @ EurGold

https://www.eurgold.eu/silver/silver-coins/

Thu, 12/03/2015 - 14:00 | 6871480 The_Small_Lebowski
The_Small_Lebowski's picture

Hi there Shane me auld flower - still flogging that dead horse that is Eurgold.eu i see!

For the other readers out there - this isnt the first time the greasy headed Shane (the owner of Eurgold.eu - cant find his pic now but his greasy head and 4 sizes too big suit should have been enough to put me off initially) has advertised non existant coins at 'bargain' prices. In fairness - he was good enough to return my money after he used it for a few weeks. He said his suppliers had let him down and he couldnt fulfill the order and he was oh so sorry. So i took him at his word, placed a new order, but before i sent the money said i would correspond to see if he could deliver this time. Funnily enough - still havent had a reply. Any luck with my last order there Shane?

So Shane - can you ship these out this time bud? Hows Stripe working out for you with the payments? Oh - they pulled your service you say.... Pity that.

P.S. This website was up for sale a few weeks back. I think he is trying to drive traffic so that the stats might make it appear 'saleable'. I could go on..... Nuff said. best of luck buddy!

P.P.S - here he is: https://crunchbase-production-res.cloudinary.com/image/upload/c_pad,h_14...

 

Thu, 12/03/2015 - 13:23 | 6871317 Temporalist
Temporalist's picture

This is just the new normal.  Carry on.

Thu, 12/03/2015 - 13:25 | 6871327 Miss Expectations
Miss Expectations's picture

Drip + Drop = Droip

(I like it)

Thu, 12/03/2015 - 13:27 | 6871338 Yen Cross
Yen Cross's picture

  The Nikkei is getting bitch-slapped as well.

Thu, 12/03/2015 - 16:11 | 6872389 FranSix
FranSix's picture

Dax In Gold. Not updated since September:

http://www.realterm.de/DAXinGold.php

Do NOT follow this link or you will be banned from the site!