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Good morning! DAX falling apart and hitting new lows: 5,326.09 (-3,83%)
Someone is missing the algos right now :()))
Turn those damned machines back on!!!...lol.
Just think what would happen this week if the US markets were closed for a few days, like at Xmas. HFT's wil be running overtime tomorrow trying to catch-up (stabilize?).
The real eye opener this morning is the almost 5.5% on Italian 10 year bonds. Either the ECB can no longer control the yield or they are playing chicken with Berlusconi re back tracking on austerity agreement.
Being a Canadian all i can say is thank heavens we also have labour day today :-)
RBS down 10%, Barclays down 7%. Let the house of cards fall!
The very fact that RBS can be down 10% in a day indicates great instability in what should otherwise be a fairly stable sector, banking. Just imagine going back 30 or 40 years ago and telling someone that the stock of the Royal Bank of Scotland lost 10% of its value in 1 day. There's no way that person would think you were telling the truth.
Damn that boy can talk! He spits out words at a rate that'd make a machine gun blush.
But! BUT! BUT!! I dont wanna eat my peas! LOL!!
Austerity Bitchez!!!
Riots!
Voted Out of Office!
Sytemic Failure on the Finance Side!
what else could you want! this is Great for Labor!! LOL!!
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Greek 1 Year now approaching 80%.
What a joke.
http://www.bloomberg.com/apps/quote?ticker=GGGB1YR:IND
exactly, its a complete joke that they still have any sovereign status at all...they should have imploded months ago.
ouch...Italian 10 years:
VALUE: 5.497 EUR
Greek bonds = disaster. Can Italy and Spain yield explosions be far behind? And, when does the fatigue set in and all the countries say, "screw this" and hit the reset button on the euro?
When France gets degraded, deflowered, sodomized and finally downgraded. And it won't be any countrie(s), just Germany.
And the Nordiks, (gold collateral creditors such as the Finns)
Tht will happen shortly, just before the reset button on the US is pushed.
Get it through your thick fucking heads.
We're fucked.
This is a long, long depression.
And gold and guns ain't gonna save you.
The solution?
Tune in, turn on, and drop out.
Fuck it all in the ass.
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You go right ahead though, whatever flips your skirt. Just not behind me...then you got troubles you won't be able to handle.
Screw PM's, I'm going all in on fake designer handbags today.
LOL, see ya at 5fth
All these negative comments, all this angst. Everyone should look at the bright side....
.....
.....
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oh the hell with it.
sunny
Euro(vaga)bonds.
It's so bad, it's almost good....
Gee whiz! Can't we take one lousy day off without the rest of the world droping 3%? I mean, don't our machines deserve a holiday? After all, processing all those 1's & 0's is very Labor intensive and exhausting work.
1.40 handle on EURUSD
W00t!