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Euro, Stocks Soar On FT Report EU "Looks To Swift Recap" Of European Banks

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Thu, 09/22/2011 - 14:32 | 1698081 SolidSnake961
SolidSnake961's picture

half life of about 30 min.

Thu, 09/22/2011 - 14:34 | 1698095 101 years and c...
101 years and counting's picture

not even that long. here comes the flush.

Thu, 09/22/2011 - 14:36 | 1698106 Hedgetard55
Hedgetard55's picture

NetFlix the "safe haven" buy for today. :~)

 

ROBO cleaning up today, no doubt.

Thu, 09/22/2011 - 14:42 | 1698144 TruthInSunshine
TruthInSunshine's picture

 

 

 

***This Is A Financial Times Breaking News Report***

 

An anonymous source has provided us with details that Warren Buffett, while urinating in the bathtub, decided to buy 100% of French Banks at a 25% premium on present market values, and that Buffett further decided, while wiping his ass after defecating, that he will buy all PIIGS+France+U.K. bonds for 100% of their face value.

Becky Quick reporting on assignment


***This Has Been A Financial Times Breaking News Report***

Thu, 09/22/2011 - 14:44 | 1698156 Cdad
Cdad's picture

Nice 6 sigma, PPT event there a few minutes ago.  Being followed up by desperate quote stuffing right now.  

Nice pachinko machine.

Thu, 09/22/2011 - 14:46 | 1698167 d00daa
d00daa's picture

didn't even need to see the news, price action gave it away.  always happens when we're sliding to new lows...

fade. this. bullshit.

Thu, 09/22/2011 - 14:49 | 1698177 Cdad
Cdad's picture

Fading it....and so will the HFT.  They absolutely cinched a move lower now with the insane pump.  They thew the kitchen sink at it...but it won't work.

Thu, 09/22/2011 - 14:52 | 1698189 HelluvaEngineer
HelluvaEngineer's picture

Protecting the neckline of this H&S?  Might work for this afternoon but could have a nasty gap down tomorrow.

Thu, 09/22/2011 - 14:58 | 1698224 Cdad
Cdad's picture

Program selling on the close should set the inverse ETFs on fire...ensuring the breakdown of technical mumbo jumbo.  That absolutely moronic pump has cleared the way and given the green light for short selling.

Just waiting for confirmation now.

Thu, 09/22/2011 - 15:02 | 1698254 Cdad
Cdad's picture

Here it comes.

Thu, 09/22/2011 - 15:08 | 1698275 Cdad
Cdad's picture

So supposedly we jumped on "Euro banks will be recapitalized."  There is nothing left to recapitalize.  Faith in those institutions is gone.

You can cry wolf only so many times...and then the wolf shows up and does what wolves tend to do.

Thu, 09/22/2011 - 15:12 | 1698292 Cdad
Cdad's picture

There again...another desperate quote stuffing effort. Volume response was pathetic.

Thu, 09/22/2011 - 15:20 | 1698334 Cdad
Cdad's picture

Way to go criminal syndicate Wall Street bankers...and your computers.  You've done it now.  You have killed the market.

Nice ramp job on that rumor there, Ben.  

Thu, 09/22/2011 - 15:22 | 1698341 Cdad
Cdad's picture

Russel is now at a critical breakdown level.  No one seems to be interested in saving it.

Thu, 09/22/2011 - 15:35 | 1698409 Cdad
Cdad's picture

Hey Wall Street....bid lifting and quote stuffing is NOT an investment thesis.

Keep it up...just go ahead and finally kill it so that we can get on with the collapse and the following recovery.

Thu, 09/22/2011 - 15:45 | 1698466 mt paul
mt paul's picture

eat 3 wolves

before breakfast...

 

baddest bear

on the iceberg..

Thu, 09/22/2011 - 14:53 | 1698198 CClarity
CClarity's picture

But . . . will the EU recapitalize MS and GS?  Afterall, our FED and Treas helped their banks with TARP, swap lines, and so much more.

Thu, 09/22/2011 - 19:21 | 1699272 CClarity
CClarity's picture

Oh never mind.  They don't intend to "help" those banks recapitalize.  They just want the 16 that didn't perform well on their joke stress tests to go to the market and attempt to recapitalize.  Sure, that's a great plan.  They won't have any problem issuing more stock or bonds for their capital.  hahahahah

Thu, 09/22/2011 - 16:36 | 1698761 slewie the pi-rat
slewie the pi-rat's picture

fine new "grasping" avatar, Cdad!  +++

now looking @ 1.3469 and heading south...

 

Thu, 09/22/2011 - 14:44 | 1698154 jtmo3
jtmo3's picture

Yep, story about nextflix being bought by amazon. 

Thu, 09/22/2011 - 14:47 | 1698168 TruthInSunshine
TruthInSunshine's picture

And AOL is going to buy Google, Apple & Amazon.

Thu, 09/22/2011 - 14:48 | 1698176 Spastica Rex
Spastica Rex's picture

Wasn't AOL bought out by Compuserve?

Thu, 09/22/2011 - 14:51 | 1698188 TruthInSunshine
TruthInSunshine's picture

I thought Gateway bought all of the aforementioned players.

Thu, 09/22/2011 - 14:59 | 1698236 kito
kito's picture

was that the company that bought out atari? man i loved pong

Thu, 09/22/2011 - 16:24 | 1698720 Spastica Rex
Spastica Rex's picture

Coleco bought Atari, Sega, and Nintendo and then sold to 3DO (Panasonic). I think.

Thu, 09/22/2011 - 14:52 | 1698193 FEDbuster
FEDbuster's picture

Financed by GE Capital?

Thu, 09/22/2011 - 14:55 | 1698214 TruthInSunshine
TruthInSunshine's picture

It's now GE/Sino-Forest Offshore Capital, PLLC, lmtd.

Thu, 09/22/2011 - 15:00 | 1698241 FEDbuster
FEDbuster's picture

Underwritten by the SBA and insured and CDS provided by AIG.

Thu, 09/22/2011 - 15:11 | 1698284 TruthInSunshine
TruthInSunshine's picture

Which is backstopped by The African National Congress Insurance Fund® of Omaha™, LLC

Thu, 09/22/2011 - 15:19 | 1698332 Hedgetard55
Hedgetard55's picture

And the Natiional Bank of Zimbabwe has THEIR back.

Fri, 09/23/2011 - 01:30 | 1700038 zebrasquid
zebrasquid's picture

And Kim K. has the back of a Zimbabwean.

Thu, 09/22/2011 - 14:53 | 1698195 PD Quig
PD Quig's picture

DX took a 36 pip hit--half of it is back already...

Dipshits.

Thu, 09/22/2011 - 15:05 | 1698264 Village Smithy
Village Smithy's picture

Nice call!

Thu, 09/22/2011 - 14:33 | 1698082 pupton
pupton's picture

I just BTFD bitchez!

 

Thu, 09/22/2011 - 14:35 | 1698103 d00daa
d00daa's picture

and you're about ready to lose your ass...  bitchez.

Thu, 09/22/2011 - 14:41 | 1698131 rocker
rocker's picture

This is the same Scumbag paper that told us China was Bailing out Europe.   LOL

Fool Me Once you can't fool me again.

Thu, 09/22/2011 - 14:58 | 1698231 pupton
pupton's picture

To clarify, I added to my position in physical silver today.  Yes, I have already lost 10% of my ass today. 

Thu, 09/22/2011 - 15:00 | 1698245 kito
kito's picture

check the ounces, let me know if its lost 10 pct in weight.

Thu, 09/22/2011 - 15:19 | 1698326 pupton
pupton's picture

Yeah, the shit still takes up as much space, too.

Thu, 09/22/2011 - 14:33 | 1698084 Zonker
Zonker's picture

Don't fight Organized Crime Bitchez!

Thu, 09/22/2011 - 14:33 | 1698087 Irish66
Irish66's picture

must keep 1120

Thu, 09/22/2011 - 14:53 | 1698204 CrashisOptimistic
CrashisOptimistic's picture

Dec 31, 2009 close: 1115

Thu, 09/22/2011 - 15:15 | 1698304 kito
kito's picture

better to focus on the drama of the dow. that is what the average person looks at. huge drops of FOUR HUNDRED POINTS has a nice effect on the population.

Thu, 09/22/2011 - 14:33 | 1698088 Archimedes
Archimedes's picture

I give it til about .........now.

Thu, 09/22/2011 - 14:33 | 1698090 TruthInSunshine
TruthInSunshine's picture

This is the point where the rumors from hacks like The Financial Times are sell the news events to those who get the leak before the article is released.

Thu, 09/22/2011 - 14:33 | 1698091 Iriestx
Iriestx's picture

This rumor should be enough to turn us green.

Thu, 09/22/2011 - 14:37 | 1698113 Clorox Cowboy
Clorox Cowboy's picture

...with motion sickness maybe.

Thu, 09/22/2011 - 14:54 | 1698208 CrashisOptimistic
CrashisOptimistic's picture

"Seriously, could we just stop with the bullshit?"

Quoting TD from the China rumor.

Thu, 09/22/2011 - 14:34 | 1698092 Corn1945
Corn1945's picture

I would use any bounce to get the fuck out of this mess if you haven't already.

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