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Markets are desperate for QE, any QE from any pimp out there: rumours of EFSF expansion is worth 4% on the DAX.
EDIT: I don't think they will give that juicy cock to the markets so easily, if at all; TARP had higher per-requisites.
nerviousness in the market today means blood in the streets tomorrow, keep your eyes and ears open.
Facts? Yawn! ;-)
More yummy fodder for the stochastic news chompers.
Don't look now but I think the machine powns us all. We must feed Val.
fade this dead cat rumor bounce. This is clearly a big-boy driven sucker pump for the mass, and final, exit to the "only the chosen lifeboats"
But could indices even attempt to rally for a couple weeks, while the euros haggle? Bizarro economics rein.
OK, how about some real headlines:
Bloomberg: Fukushima fallout worst since Nagasaki
NHK News: Fukushima City to Decontaminate All Homes in City
This is the big one IMHO as Japan Inc. has been desperately averting its eyes from the state of radiation in the quarter-million person Fukushima City. Now the city government, having found contamination high enough to warrant evacuation (six months later), is trying to avoid it by...washing over 100,000 houses.
This is reality, people.
Silver up 16%...
No article to quote...
Dick Fisher, what an appropriate name, as in he fishes Lord Blankcheck's dick out of his golden slacks every morning before lunch.
I logged in just to give you a greeny. Needed a good laugh.
Okay, I know I am totally off topic here and I must excuse for this. But keep in mind how much trouble the last volcano on Iceland caused.
El Hierro, a volcano on the Spanish Canary Islands, is very active recently and seems to get closer and closer to an eruption. "Situation worsens at El Hierro. 3,5 event widely felt, 5 events over 2,5 in the last 2 hours." In my humble opinion, and I've discussed this with many over at Jons Blog, an eruption will happen this year. It's very close now. The only thing missing is a bigger earthquake (doesn't need to be a huge earthquake - an earthquake of the magnitude 3-4 could trigger the eruption easily.)
Another thing was also confirmed yesterday by Icelandic Officials. Katla had a minor eruption this year in July. There is still a lot of pressure and activity in Katla.
More important for Icelanders are the recent developments from Hengill, which is part of a very dangerous deep drilling project - you can read more about this here:http://www.jonfr.com/volcano/?p=1514
For those who like to watch earthquakes...
Truth? Light? Welcome to their world, HELL.
Lots of bears trapped at the lows who shorted the breakdown in the NY Composite, EEM, etc.
Bear trap or dead cat bounce. Lets wait a few days to find out if youre right.
I hate to be the bearer of bad news, MomoTrader, but any bear worth his honey is playing with your money at this point. Good luck getting it back.
Everything has gone full retard. Europe soaring USA to soar again today, fuck it.
If the EFSF expansion-by-leveraging and shoring up of private banks plan is scuppered by German politics this week, then dead cat bounce, else bear trap, with me in the bear trap.
ALERT ALERT fed induced metals smash down taking place at 8:24 am est
Any information on where the POMO and the 400 billion will be directed. Is this all going to Europe?
DAX 4% bahahaha
Why don't they just push it up 20% each day, we could all be super wealthy then, problem solved.
Imminent economic armageddon apparently quite bullish for stocks. But apparently not so much for the only 'real' money since the begining of time.
Corruption of markets much?
Gambling in Vegas is more honest than the Stock Market, Fed and government.
I don't care about POMO. I only care about ROMO.
ROMO is GOD, bitchez!
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