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Ahead of the pack? Can you please show me their track record and how they've been better at predicting default probabilities or changes in spreads? From all I've seen so far they just seem like the rating agency of TTP.
EJ cut U.S. in July...
Egan-Jones is the shit.
Making an incorrect decision faster than others doesn't make you better.
next to the towels and waffle makers. Black friday 2012!
TD - Did you hear Pisani's comments about Egan Jones on this??
Vive la FrAA-nce.Er, FrAnce
Soon to be FraBBBance (Rhymes with Provance)
Or FraCance (Rhymes with NoChance)
I mean, this shit is really getting to be an awfully expensive runt of humor for the Europeans. Particularly once they're all rated Below BBB thus truly becoming EuroTrash.
How can you tell a Frenchman has been in your backyard?
Your garbage cans are empty and your dog is pregnant.
-Chris Chambers, brother of 'Eyeball'
From FrAAnce to FrAnce.
Now how 'bout FranCCCe?
So far, having no impact
Cyclical stocks like X shucking it off, up 12% today.
Retail stocks like HD and WMT near 52-week highs
New world record highs on PM and MO.
XRT within a few dollars of all - time highs.
Where's the "bear market"?
I don't see it.
Yeah, those stocks constitute the overall market sentiment, lol!!! Never mind that the global central banks had to conduct a coordinated effort to make another stick save.
The "bear market" is in the same place as is the depression/recession.
In my house.
If everything is so damn great, RoboTrader, then why am I and nearly 3,000 other employees at my company set to be dismissed within the next month or so?
Until and unless the S&P gets over 1240, I'm seeing this up move as a rally within a downtrend wave.
If it doesn't, my next price target is 862. By next Friday.
I can hear the margin calls already! Really, 862? I guess time will tell
Sorry to hear about the impending layoffs. Eventually the dominant real-world trend (deflation) will crash over us like tsunami. Doesn't matter what the monetary trend is really - except in how one hedges against reality.
Don't look at the chart.
MoMo Lizard, how do you like the bull market in NFLX, FSLR, GRPN, all banks, etc ?????????
You dumb fk.
Uh XRT is underperforming and the recession is in X.
It's only down 60% YTD. How the fuck is that bullish?
RoboTarder only looks at 5 minute charts!
I highly doubt he can pay attention to a stock chart that long, let alone remember his stock picks for that length of time.
It all tastes better if you put a little "Tarder Sauce" on it.
"I don't see it."
That's what happens when your head is stuck firmly up some banker's ass.
It's like 2009, again.
Robo is right about this. The market cares nothing for this downgrade (currently), not even a twitch, on a day so massively up that it should be easy to tick off a few points.
I just got through being hammered stupidly discounting mondays movement upward, thinking there was no reason for it do so. I will not make that mistake moments after learning the lesson. If the markets moved up without reason due to leaked info, then it can fail to go down based upon leaked info as well. This was already known. If that is the case then there may be a very strong arguement for the market to continue upward. If I knew of this downgrade coming and remained bullish I would have ruled out the negative consequences that it will imply as a follow on. Could this lack of a reaction imply the plan to deal with the euro is further along than we know, and that it is a bullish outcome?
What part of 100% to GDP with low interest rates even suggests paper "markets" should be traded as real?
margin call again? every downgrade has consequence
I bet the MSM guys will start ripping Egan Jones again.
Right on cue...Pisani just discounted Egan Jones entirely and said to only pay attention to the Big (corrupt) 3
haters gonna hate. hate the game. not the player.
Its the Players that make the game.
haters gona hatepotatoes gona potate
Downgrade everything bitchez!! 'cause everything is very large shit !!
New year, new downgrade...new FED "PROMISE" QE...HO HO HO HO HO...
So what? The HFT's will buy everything in tandem and ES 1500 by 12/31. Since GS isn't long, it could happen. Stolper, please make an equity call!
Bernanke will bail them out
That's what i wondered, will this accelerate the dumping of EU zone debt?
Next Country to lose AAA
And the Germans will have to raise the French farm subsidy under the CAP. Always good for a few FrF in the national kitty:)
We can't save Europe from overspending and too much debt. Look at Italian Industrial Production for a snapshot from why none of this will work.
Global Central Banks “Last Tango in Paris” – “Fire up the printing presses, gang!” Or at Least Lower Swaps Rates 1/2%
It's going to be higher than 117% because the GDP is going to shrink by more than they are willing to publicize right now.
Hey all, newbie here. Been lurking for a while. I wonder how bull and bear even applies these days. Got lucky and got out of TZA a few days ago with a small profit. Whew. Still sitting on a Small SDS position that's in the red due to today. France downgraded and DOW up 386. OKayyy. This latest coordinated money toss says we're ALL in trouble, doesn't it? Rock on, players.
This is a Federal Reserve rally that has no correlation to the economy. That said the rally is risk on in price of virtually everything and yet sadly no real conviction yet in volume. This is an inflation rally for sure as well. Inflation might be good to erase debt but it sure will not be an economic solution.
The desparation of the central banks move today will eventually expose who was rescued by today's events as well. Enjoy today though and yes this is a bear market rally and yes it is quite normal for a bear market to rally even this hard. Caution your enthusiasm.
Hey citizens of USA, just have a look in the mirror. Not that I don't approve your trend to Euro Bashing. Its necesary and salutary. As long as there is a sense of balance. Both the USA and Euroland are guilty as hell in this fake economy.
We must be related somehow...
Lots of anger here.
I can understand why most here are pissed off.
They keep shorting stocks and getting the rug pulled out from under them.
Everyone here trying to get rich off of Armageddon that never happens.
"This is It!!"
Hey, its not too late to change your attitude, learn to enjoy life, and quit worrying about the end of the world.
Do you think gold has been a poor investment choice?
You'd probably see less anger if we all knew these stock runups weren't fueled by US taxpayer dollars..
Droll but quite correct. Thus far, at least. There was a Jim Cramer clip a few weeks ago in which he laughed at all the intellectual assessments that everything was about to tank. He said something like We're here to make money, not to be a smarty pants.
Who gives a fuck about the french? As homer said - cheese eating surrender monkeys
11-30 14:48: IMF's Lagarde says we have to find an urgent resolution to...
In other words: They got NOTHING!
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