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Berlusconi Rumor Rejected
That didn't take long.
- BERLUSCONI DENIES RESIGNATION RUMOR, ANSA REPORTS
Ita-Bund 8 wider on the news. We expect it to retrace the entire gain to 490 within seconds. In other news, we are all so lucky the market trades on fundamentals.
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Fundamentals.
They put the mental in fundamental.
Totally.
Retrace update shouldn't take long...
He's off to fuck more teenageers as he pretends he's a partriot.
Well, good for him
May the Lord bless him and keep him.
http://fucklloydblankfein.blogspot.com
don't they find an accounting error next
No, no, no. Berlusconi calls for an Italian Referendum next, silly.
Close. Actually it just got real...
http://www.bloomberg.com/news/2011-11-07/italian-gold-sale-raised-by-cdu...
Oh that's rich! A german from Merkels ruling coalition telling the Italians that they can always sell their gold if they want to lower their debt! HA, gee, I wonder who they could sell it too? Fucking dolt. No one is fallling for that shit, keep passing the paper.
What a surprise..
I wonder how long they can keep pushing these fake 'news' items before the 'market' does the opposite of the desired effect..
'The Boy who cried WOLF' syndrome
"I'm not dead!"
http://www.youtube.com/watch?v=Sh8mNjeuyV4
Never believe anything until it's officially denied.
Bunga Bunga, bitchez.
Its not gonna happen bitchez
yes it is, bitchez
Nov. 7 (Bloomberg) -- Following is a summary of the
September industrial production report from the Economics
Ministry in Berlin.
*T
======================================================================
Sept. Aug. 2-Mo. Sept. Aug.
2011 2011 Avg. 2011 2011
======================================================================
---------MOM%--------- -----YOY%----
Industrial production -2.7% -0.4% -0.2% 5.4% 8.4%
----------------------------------------------------------------------
Manufacturing & mining -3.0% -0.4% -0.2% 6.4% 9.8%
Intermediate goods -2.8% -0.4% -0.7% 6.6% 8.4%
Capital goods -4.7% 1.1% 1.3% 8.9% 16.6%
Consumer goods 1.1% -4.4% -2.8% 0.7% -0.6%
Durables -0.9% -9.6% -3.7% 3.1% 0.7%
Non durables 1.6% -3.3% -2.6% 0.1% -0.9%
Energy -0.7% 0.9% 0.1% -6.1% -5.7%
Construction -0.8% -1.7% -0.2% 4.0% 4.8%
======================================================================
But hey, who gives a fuk abt the REAL world when we have a rumour to chew...
Y'all were really thinking Don Silvio would just walk into the sun down, eh??!
Next on: deny the denial.
alternative to berlusconi is er probably worse. or will we get the uber bullish government of unity? mkt just completely broken
I hope he stays, but that's just selfish. I am sick of this Eurodrama. If his arrogance will hasten what is inevitable, than yes please!
In other news, it's still amateur hour in the silver market, with traders f;ushing out skittish shorts and then quickly going flat and taking it all the way back down. Where are the big boys?
Is there a rumor based ETF I can swing trade?
It gave the Rumor spreaders enough time to load up on put options and make a killing today.
Berlusconi resignation rumour- Market spikes 1%.
Rumour denied- Market down 0.25%.
The net positive rumour mill at work.
This always seem to happen indeed, very astute observation
Why are ES moving up..?
Because buyers are overwhelming the sellers.
He's buying himself time to be able to pack up the palace silverware and his favorite rug. All Silvio ever wanted was his rug back.