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Negative Euro Headlines Are Back Sending EURUSD And Its Derivative, S&P500 To Day's Lows
As the Dow crosses 13000 and S&P crosses 1400 - the wrong way - the noise from Europe is picking up:
- *IMF SAYS IMPLEMENTING MEASURES A `MAJOR CHALLENGE' FOR GREECE
- *IMF: No Request From Spain For IMF Financial Help
- *SLOVAK PREMIER FICO SEES 5O% CHANCE OF EURO AREA BREAKUP
Bah, what does the Slovak premier know: it is not like he is a member of the Eurozone. Oh wait...
EURUSD has fallen 50pips from its intraday highs; Spain 10Y (+19bps to 525bps) is at 3-week wides.
and the US indices look weak...
with S&P 500 e-mini futures (ES) testing the week's lows...
Charts: Bloomberg
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Put the DOW 13,000 hats away boys (again).
I thought negetive headlines made the markets go up? Now down is down? so lost.....
Waiting to dust off the Dow 10k hat... until then, it's noise.
me and tyler are selling at 36,000
"Gold is the enemy"
nah, it does that everytime the EUR bleeds. it heals far quicker though.
I know, I know.....For some reason I had that Volker quote in my head.
we should get Volker to say something about gold, USD and the EUR. like gold is the enemy of... and the friend of...
or "Mr. USD comes unexpectedly early home and finds in his bed..."
Bullish, here comes QE 5
didnt QE 3 and 4 already happen under the radar
What's with the MS rumors all over these boards lately? Any substance?
There was a post about three days back that Jim Willie was talking about Morgan Stanley's demise.Here is the link.
http://www.financialsense.com/contributors/jim-willie/firestorms-and-cur...
Thanks for the link. That rumor seems to flare up every 6 months but that's as far as it goes.
I have been shorting MS from time to time. I usually wait for them to get out from under the radar to short them.
Cramer said they were cheap at $19.
Euro baby!'
Lockhart killing all hopes and dreams.
Surprised Liesman didn't fall out of his chair.
GODDAMNIT!!! GET THAT SHIT BACK ABOVE 1400 NOW MISTER!!!!!
Silver blowtorchez bitchez!
Great! I buy a bunch more!
See,
George W Obomya has worked his fucking magic again,
DOW to 13,0000000000000000000 folks
Flash crash coming?
Bill Gross still pounding the table with QE. Looks like he is about to get smacked around twice.
Sung to the tune of White Rabbit:
One pill makes you poorer
and one pill makes you rich
and the one that Benny gives you, will make you his Bitch
Go ask goldie
Euro is up ... oh no, euro is down.
It's raining, it's sunny, it's raining, it's sunny ... I don't know what to wear.
Nothing but a smile.
kevlar
This is a test......this is only a test. Should a real emergency have occurred, authorities would be along shortly with official instructions. This is only a test.
Not to worry. Will rebound on the next Draghi fart.
the fly bought a shitty house. maybe there is a god.
keynes recognized that stimulus is needed over and over again
http://tinyurl.com/9ox33a8
Below 1.25.. http://mlatrader.com/forex-eur-breaks-1-25/
I'm lovin' it!
I've got enough short positions that I'm making money today (unlike most other days this year).
Someone keeps jumping into this market to avoid a huge selloff. I know I would want to jump in on a 120pt selloff right before Bernanke disappoints.....yup....
Look at the gold charts from yesterday and today..exact copies....no manipulation..na never
A true story here folks.
I had a Slovak mate many years ago who came here to England for work, got to know him damn well and he was a spot on bloke, but jesus christ could he drink. I thought I was a good drinker but this fella could put a room full of hard core plonkys to shame.
I have no idea what relevance this has to the story unfolding, but it sparked off a memory of a damn fine man I had the privelige to know.
Maybe you're subconsciously reminiscing about a damn fine economy you used to know?
One where there was nothing better than drinking hard and shootin' the shit with the mates after a hard day's work... ?
Not the economy where everyone pre-postures on the words of a bunch of central bank fucks pulling everyone's plonkers and listening to a bunch of smug shitstains saying you're missing out by not participating and not believing in their rightous plans.
That's my diagnosis - please contact me for payment in pints ;)
'Bout those shitstains poor fella,
I just happened to be on the guiness last night and well, you know, I had a late night early morning reflex action, if you know what I mean.
I may not be able to get the whites, white, so sorry, the beers are on hold mate.
I think we're seeing some leakage of information out of the Frankfurt debate at the ECB on "how do we construct a bond buying plan."
They can't get internal agreement. Germany says no. Finland says no. The Dutch say no. Austria says no.
You want to see collapse? Let's have Draghi resign with a statement that "it cannot be done."
How about if we see Draghi collapse?
If I remember correctly that does mean yes: no*no*no*no=yes
And it's over. Hope all those longs were quick to get back in. Aren't headline driven markets fun!
Funny how two stories that say that the euro and gold will go up have been posted on this site just before the euro and gold fell, together, at the exact same time again.