get some popcorn and watch the UN vote live
#2
Posted 17 March 2011 - 05:34 PM
#3
Posted 17 March 2011 - 05:35 PM
Edited by TechMan, 17 March 2011 - 05:39 PM.
#4
Posted 17 March 2011 - 05:36 PM
Edited by thespookyone, 17 March 2011 - 05:39 PM.
#5
Posted 17 March 2011 - 05:47 PM
#6
Posted 17 March 2011 - 05:50 PM
Conflicts and uncertainty to markets but morally no fly zone is the right thing to free the world from the mad man.
My guess when bombs start dropping markets wont like it.
Looking at variations of the VIX options formation, it would appear that it's preparing for some sort of selloff. I just can't say for sure as I've not seen VIX options formation this bearish before.
It's now 102.80, and futures are headed in opposite direction.....
Correction: I've seen it as bearish before, on 2/18/2011 top.
Now, 103.20....
Edited by TechMan, 17 March 2011 - 05:58 PM.
#7
Posted 17 March 2011 - 05:54 PM
#8
Posted 17 March 2011 - 06:46 PM
crude oil futures exploding upwards now...
I just do not see how crude oil spiking to 120 to 130 dollars overnight and into this weekend is going to be bullish for stocks and allow todays upside bounce to get traction.... just does not make any sense going into the super moon this weekend...
The 1, 2, 3 sequence of events
1. UN vote,
2. Rise of oil price,
3. Fall of equity futures,
is a clear message from the market that it's trying to find a new equilibrium to price in the consequence of the "No Fly Zone" resolution.
So, we'll see....
EDIT: Next, we'll watch the Japanese yen....
Edited by TechMan, 17 March 2011 - 06:50 PM.
#9
Posted 17 March 2011 - 06:51 PM
China and Russia abstained-big surprise. Not sure if it is a lack of balls-or since they practice persecution in their own countries that they find nothing wrong with it
Now had this been a US led initiative with the UN - their vote would have been an against.
#10
Posted 17 March 2011 - 06:57 PM










