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Cue the ping-pong players!
Don't be like that Tyler, can't we just PRETEND it's new? The only thing we have to fear is reality and math! If we conquer those, stocks will go to the moon! Stop trying to hinder progress!
hope it goes higher....I want to grab FAZ at 40.
TZA slides faster, volume is about the same. Both FAZ and TZA are at the "buy" level again depending on the time of day you are looking...
"The only thing we have to fear is reality and math!"
Here you go!
Is the music in the background the equivalent of Chinese rasta? LMAO! Nothing says Rasta like Yangzee
You never go FULL RETARD!
Just another RICroll.
EU bids to slash Greek debt by third
Leaders target 120% of GDP ratio by end of decade - FT front page
WHAT A JOKE...and I worried about my shorts...
I'm no fan of Paul Krugman, but I don't doubt these numbers.
Re: Iceland/Ireland CDS -
NYT, Oct. 25 - 'Prices are down from a spike last summer, but still very high. And for the record: as of posting time, the Irish 5-year CDS was 776, the Icelandic 5-year CDS 280.'
'Unemployment in Iceland is 7% while in Ireland it is about 14%.'
These numbers are not lost on anyone in Europe. They all know what the answer is, it's just a matter of time. First ones out win.
I thought it was because i farted. Sorry.
The idiots are those humans who read this news earlier and didn't know it's healing, soothing powers...only later artificial computer genius knew the significance and thus the rally?!? Fukking HFT, algo genius knows no timeline.
Pity Tyler(s) for they stumbled accross this pearl but threw it back into the sea!!!
U.S. stocks rally on Europe-related reports
Rally time bitchez...Federally mandated too!!!
I can hardly wait to see how the market reacts to this:
Just in: AP (submitted 9-Nov-1513) Spanish emissary Hernando Cortez has informed the European financial leadership that he has secured gold backed funding from Banco Montezuma Mexicana sufficient to recapitalize all Eurozone countries and banks.
hilarious. its baffling me that the markets continue to melt up. especially as the haircut clause will be creating a domino effect on recaps and sovereign debt confidence to be sure, per dow jones: Bigger Haircuts Would Make Greek CDS Trigger More Likely: http://ow.ly/79OCU
Not to mention Brazil, India and Russia have all said repeatedly they will not participate
Well, it gave us a nice countertrend a-b-c intraday pop.
Back to the lows, bitchez!
Knowing that underlying fundamentals always catch up to and beat down unicorns, rainbows & pixie dust, I find the short term moves (whether 3 years on a longer chart or 3 minutes on a much shorter one) comical.
Math, while cold and sterile, at least never lies (statistics do when 'massaged,' but that's not math; that's man warping or abusing math, and falsifying some part of the equation towards an ulterior motive), and that's where to always look to in order to glean the truth.
Math says the only 'solutions' to the EuroDebtapocalpse are a) extremely painful for equity and credit markets, or b) extremely painful for equity and credit markets.
Take your pick, and get your half-life bets on!
Or they could print and make it extremely painful on the masses instead.
The rich cant possibly be taking a haircut can they?
Well, reuters, like the guardian, should be another media outlet that should be shutdown for market manipulation...
... well, if this wasn't a fascist society it would anyway.
Fascist, socialist, communist, is there really any difference? We believe that there are but two forms of government: 1) People on top-government on bottom or 2) government on top-People on bottom. As Americans, we firmly believe our Founding Fathers tried their level best to give us #1. How it slipped through our hands is well documented and sad sad sad.......
you must be new around here.
you owe me a monitor. Just spewed diet soda all over it. Funny.
If only I knew they were going to do that 10 minutes prior.....
10 minutes earlier was when I bought my SPY puts. Sheesh.
At 1275ish the lastest I'd put on some nice shorts, for starters!
Totally - when the S&P hits 12,750(ish) I'm totally going short!!!
Are you sure? Maybe they have another rumor not public yet.
In order to trade this market, you have to BE an idiot or hire one.
if that's true than Tilson really must be a genius...
Algo search routines must be glitched and running behind 12 hours?
Idiot market or algos?
Um, I thought there was supposed to be a shock and awe decision out of Europe today?
Do they normally wait till the evening?
THE TRUTH IS THAT CHINA AND BRAZIL WILL BE BACKING THE EFSF - GET READY FOR MORE FREE MONEY IN THE SYSTEM AND GOLD PRICES SKYROCKTING 3,000 OR 4,000 USD THE OUNCE...
stick to funky ties and fashion, ted. Economics seems to be a little beyond your grasp.
Must have missed this last night: http://www.zerohedge.com/news/brazil-refuses-buy-european-bonds-dashing-...
I heard from my brothers dry cleaners cousin's girlfriend who was just in getting her nails done and she heard from the girl doing her nails that he best friends neighbor in China who runs a rickshaw overheard some men talking about a bailout.
So this must be true.
Buy the rumor!
I heard it's cos Germany is gonna take over Crete & Mykonos in exchange for bailing out the Greeks all on its own, and the French & co don't have to do anything now, and can spend their money bailing themselves out.
And now they won't have to have a designated German who wakes up at 5:00am and puts out towels all on all the prime pool-side loungers whilst the rest of them sleep until 10:00am.....they'll own the whole damn thing & will tell the Brits to bugger off and put their beach towels by the entrance to the toilets!
I bet the statement says "We sure would like the emerging economies to put money in our SPV" - market up 40 points on the wish
I made the mistake of keeping a stock for 23 seconds. sorry.
Let Liesman run with this old news, and see if the algos can push S&P past 1238 to break through the bearish H&S on the 5-day.
SPY was just filling the gap up and is bouncing off of that. Not every move is based on news.
you mean the HFT's which are linked to all trading accounts, are engineered to run through all stops and limits!
By Rodrigo Orihuela, Camila Russo and Laura Price - Oct 26, 2011 11:48 AM CT
The decision by Fernandez, who nationalized the $24 billion pension fund industry and has called for a limit on purchases of farmland by foreigners, is part of an effort to slow capital flight estimated at $3 billion per month that is draining central bank reserves. The policy may make it harder to attract foreign direct investment to Argentina that the United Nations estimates fell 30 percent in the first half of the year.
...for those thinking about moving to Argentina....
The other side of this story is that they will have to let the peso slide ... maybe to 6 to the dollar ... making Argentina cheaper for foreigners with dollars or euros.
next rumour is that the 1932 depression has ended!
[[ news flow trading is taunting an attack ]]
G-20 and the big few central banks along with some SWFs are huge, insidious and there will some truly awesome and shocking steps taken as failure is not an option
contract laws, financial accounting standards(a complete fraud anyway), treaties, ownership, and anything else in the way will be plowed over
Dow always jumps between now and end of day .. especially if theres something bad happening (euro clown act), plunge protection team putting US tax dollars to good use.
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