breaking news
Started by
tradesurfer
, Jul 22 2012 04:57 PM
9 replies to this topic
#1
tradesurfer
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#2
ogm
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Posted 22 July 2012 - 05:05 PM
Yep. Euro continues its descent into abyss.
#3
slupert
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Posted 22 July 2012 - 05:22 PM
Breaking news ???? "is expected to" opinion, widely held opinion but just a 1 paragraph opinion, with no
facts. Very irresponsible way for them to disseminate inofrmation.
#4
slupert
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Posted 22 July 2012 - 05:29 PM
if you're looking for bad news, this is bad newsBreaking news ???? "is expected to" opinion, widely held opinion but just a 1 paragraph opinion, with no
facts. Very irresponsible way for them to disseminate inofrmation.
http://www.cnbc.com/id/48259674
#5
tradesurfer
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Posted 22 July 2012 - 05:51 PM
the IMF story is a bit light admittedly and weak on credential, but I sort of agree with some of the comment posters on marketwatch that this seems like it should be a front page story and possible flash crash material.. and yet I dont hear a peep about it anywhere.
i thought markets were supposed to be good discounting mechanisms ?
and yet it seems like they are in the slowest of slow motion on this one. wow.
Edited by tradesurfer, 22 July 2012 - 05:52 PM.
#6
Rogerdodger
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Posted 22 July 2012 - 11:30 PM
US 10-Year Treasury Yield Drops to Record Low...
Yields on U.S. benchmark 10-year Treasuries hit a record low of 1.4365 percent in early Asian trade on Monday on market concerns Spain may need a full-fledged bailout after an indebted Spanish region requested financial aid.
Greek PM: Country is in 'Great Depression'..
Yields on U.S. benchmark 10-year Treasuries hit a record low of 1.4365 percent in early Asian trade on Monday on market concerns Spain may need a full-fledged bailout after an indebted Spanish region requested financial aid.
Greek PM: Country is in 'Great Depression'..
Edited by Rogerdodger, 22 July 2012 - 11:33 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#7
selecto
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Posted 23 July 2012 - 07:55 AM
At the open TLT will print above the target out of the
rectangular consolidation.
http://stockcharts.c...43048055291.png
rectangular consolidation.
http://stockcharts.c...43048055291.png
#8
ogm
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Posted 23 July 2012 - 08:04 AM
This whole thing can get beyond the normal oversold/overbought stuff.
Looks like its game over for Spain. They may not avoid a sovereign default. Situation is much worse and bigger then Greece.
And the German court isn't to vote on the bailout funds until early September. Not that those bailout funds will make any difference.
More and more regions in Spain need bailouts, Spain itself needs a bailout. Economy is contracting rapidly. Today's estimate that it contracted 0.4% comparing to the previous quarter.
This may start looking like July/August last year. Remember those Dow down 500 days ?
Edited by ogm, 23 July 2012 - 08:07 AM.
#9
selecto
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Posted 23 July 2012 - 08:19 AM
Germans are not going to give a penny to Latineuropeans. My FF.
#10
ogm
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Posted 23 July 2012 - 08:27 AM
Germans are not going to give a penny to Latineuropeans. My FF.
Then its game over. Sovereign default coming up.
