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Desperately Seeking Rumor Causing Latest Market Spike
In the past few minutes, the market, in true stung dog fashion, has soared without anyone even being faintly aware of what the actual news is. The consensus for the time being is that the primary driver of the latest bout of idiocy is the following BBG headline:
- GREEK PRIME MINISTER MAY BE IMF'S ROUMELIOTIS, NET TV SAYS
How this makes any sense we don't know. Supposedly the IMF being in charge of Greece will make losses to European banks even more negligible (and Greek austerity that much more austere) or something. We don't even pretend to comprehend this BS any more. Obviously we would say this rumor is total BS, but with Europe now a fully onionized continent, we prefer to keep our mouth shut.
What next: Donald Trump for new Greek president?
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The violent reversal started exactly at 13:55 with EUR spike and large block SPY spike.
The White House headline hit the wires at 13:58 (3 minutes later).
ITALIAN PRIME MINISTER MAY BE IMF'S ROUMELIOTIS, NET TV SAYS
Psst:
They ramp AHEAD of the bad stuff
All that's happening is predictable, as there are 7 stages that every major economy goes through. Those who know how it works profit & massive wealth is transferred to them. Several months ago I learned this information from a millionaire whose site I found & am sharing it with everyone I know.
His free video
"How To Create Incredible Wealth in Today's Economic Crisis"
is at:
http://theelevationgroup.net/presentation/register.php?a_aid=160667&a_bi...
Hope this info helps everyone as much as it has me.
Dr. Nancy
you know what's going on here right?
it's Satan and he's just fucking with everybody...seriously, he's got this game warped so tight he's just halving fun now, using Europe as a yo-yo, laughing his ass off at how gullible the majority of the talking monkeys are, how he suckered so many into giving up everything for nothing but delusions of grandeur and a bunch of paper....
The market is not news driven, it's driven by earnings, Jim the idiot Cramer.
It has largely been rumored that a big rumor is on the way regarding an even bigger rumor.
The European Ombudsman Nikiforos Diamandouro was approached by its own account for the post of Prime Minister of Greece... Was on Sunday in a telephone conversation was his willingness to put out feelers and since then there had been no contact, Diamandouro said on Monday the news agency Reuters ... “ I have the opportunity to contribute, not be excluded if the conditions suit. "
http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&i...
For Bots Only
U.S. Stocks Recover as Stark Predicts EU Crisis To Be Controlled
Where and when did he say that?
To me it looks like it was completely taken out of context. This is what he really said:
Harsh criticism Stark practiced in dealing with the debt crisis in Europe: "For me as a convinced European and as someone who has more than 20 years has worked in the Monetary Union, the development of the past two years is extremely unsatisfactory." That the debt countries had to the International Monetary Fund (IMF) for assistance must contact, was the "evidence of a European failure. We have not managed to avoid such a situation. And now that we are in this situation, we create it does not solve our own problems. "
(via translate.google)
http://www.ftd.de/finanzen/maerkte/anleihen-devisen/:ezb-zinssenkung-sta...
Rumormilliotis?
what europa needs most essentially,
imslewieo,
is rumor consolidation
this will give them a better foundation for the next 3 layers of fuking LIES
I think that they needed the spike to get out of last week options. A lot of calls bought. I watched a lot of stocks going below the call option price from Friday. Then the pump.
I think Options are controling the Market. Stocks seem to trade around the option price for Thurs, Fri. and Mon. Then it starts all over again. I hate weekly options.
THE DOLLAR IS DOWN.
It's my belief that the USD Index is the new measure for stock movement.
Dollar up, stocks down
Dollar down, Stocks up
Am I wrong here?
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Land of the Borgias and rumor mongering on bunga bunga Oligarchy; when sex and politics go explosive à la DSK :
If Cain Did That, Is It A Sex Crime?
Read more: http://www.businessinsider.com/if-cain-did-that-is-it-a-sex-crime-2011-11#ixzz1d3T1qpDW
Its Tom Obrien time
(Sorry if this is a duplicate comment. It didn't seem to go through before.)
+1 for transparency-- Show people who's really in charge by getting someone from the ECB or IMF
I don't believe there was a conflict within the PM's party that forced him to step down. It was just a way to tie the hands of the person who was believed to be the next prime minister (an elected one, that is) and the next ruling party by forcing them to sign on to measures, including loss of sovereignty imposed by the troika, in a "unity government".
It looks like this will cost the opposition party leader politically. And it looks like the troika may have just guaranteed a win for the leftists or for a new Iceland style people's party, either of which will be happy to kick the troika out and will be prepared to exit the euro.
New boss, same as the 'ole boss! A page right out of the globalist's playbook. Greece will now be explodeing!!!!!!!!!!