Ponzi Posted August 24, 2010 Share Posted August 24, 2010 Hindenberg? Death cross? Double dip with extra flake? Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 24, 2010 Share Posted August 24, 2010 Double dip with extra flake? Sold, how much? Quote Link to comment Share on other sites More sharing options...
council dweller Posted August 24, 2010 Share Posted August 24, 2010 No, no idea. I notice the Yen is up more than 2% against the Gbp (84 to $)....Japanese government (and BOJ) don't seem to be doing a lot. Quote Link to comment Share on other sites More sharing options...
fadeaway Posted August 24, 2010 Share Posted August 24, 2010 Why is gold following the pound down? Shouldn't it be going up today with all the economic uncertainty in the markets? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 24, 2010 Share Posted August 24, 2010 MAYBE calls for Obamas financial team to resign. Quote Link to comment Share on other sites More sharing options...
Cogs Posted August 24, 2010 Share Posted August 24, 2010 Hindenberg? Death cross? Double dip with extra flake? Up for a game of 'Square Mile Mornington Crescent'? I'll go first. Inverted triple-crowning Mandrake formation with pike. Get out of that one. Quote Link to comment Share on other sites More sharing options...
Mega Posted August 24, 2010 Share Posted August 24, 2010 Gold gets killed JUST before its EX date which is the 26th Mike Quote Link to comment Share on other sites More sharing options...
fadeaway Posted August 24, 2010 Share Posted August 24, 2010 Gold gets killed JUST before its EX date which is the 26th Mike Silly question. What is the EX date? I've heard some talk about options expiring and whatnot, would you mind explaining in plain English what all that is please? And why gold would be getting killed just before it. I'd me most grateful. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted August 24, 2010 Share Posted August 24, 2010 By tanking I thought you meant a good 2.5% down not a measly 1.5% It's just the usual double dip fear, slowing economies rubbish we already knew according to doomberg. Aug. 24 (Bloomberg) -- Stocks dropped for a fourth day, U.S. futures slipped and commodities fell while the yen strengthened to a 15-year high against the dollar on concern the economic recovery is dissipating. Government bonds rallied. The Stoxx Europe 600 Index declined 1.8 percent at 8:25 a.m. in New York, while Japan’s Nikkei 225 Stock Average entered a bear market. Standard & Poor’s 500 Index futures sank 1.3 percent. The yen appreciated as much as 1.2 percent to 84.16 per dollar, prompting Prime Minister Naoto Kan to decry “steep currency moves.” German 10-year bonds jumped, widening the yield difference with Irish debt to within nine basis points of its euro-era record. Oil sank below $72 a barrel. Stocks, U.S. Futures, Oil Fall on Economy; Yen, Bonds Rally Sales of existing U.S. homes probably tumbled in July to the lowest level since March 2009, according to a Bloomberg survey. CRH Plc, the world’s second-largest maker of building materials, forecast lower earnings, citing concern about the U.S. outlook. Slower Asian economic growth will have a “serious negative impact,” Olli Rehn, the European Union’s economic chief, said yesterday in a Bloomberg Television interview. Quote Link to comment Share on other sites More sharing options...
exiges Posted August 24, 2010 Share Posted August 24, 2010 By tanking I thought you meant a good 2.5% down not a measly 1.5% To be fair I think it was down by as much as 2.0% at one point. ( 1.7% as of writing ) Quote Link to comment Share on other sites More sharing options...
@contradevian Posted August 24, 2010 Share Posted August 24, 2010 Hindenberg? Death cross? Double dip with extra flake? Hindenberg Omen? Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted August 24, 2010 Share Posted August 24, 2010 none of the above. I am off to Europe soon and it always drops before I go. It's a dead-cert short for me all the time. 100% guaranteed. Quote Link to comment Share on other sites More sharing options...
headrow Posted August 24, 2010 Share Posted August 24, 2010 Us home sales figures coming in at a loss of 27%. This market is going down. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 24, 2010 Share Posted August 24, 2010 DOW below 10,000. On no its not. its bouncing up. On no its not Its plunging down again. oops...up. down down. up.. hey, this is hypnotic. Quote Link to comment Share on other sites More sharing options...
drrayjo Posted August 24, 2010 Share Posted August 24, 2010 DOW knocking at sub-10000 Could be a 200 point loss day which is meaty; there again it could soar back to comfort zones above 10200! Quote Link to comment Share on other sites More sharing options...
@contradevian Posted August 24, 2010 Share Posted August 24, 2010 Is this the moment Denninger is finally proven right? Quote Link to comment Share on other sites More sharing options...
Mega Posted August 24, 2010 Share Posted August 24, 2010 They print however much it takes! Mike Quote Link to comment Share on other sites More sharing options...
steaky Posted August 24, 2010 Share Posted August 24, 2010 They print however much it takes! Mike Indeed. And up up up it goes courtesy of QE lite. http://www.zerohedge.com/article/here-comes-feds-pomo-liquidity Although I'll wager the peek will decrease with each feed. Quote Link to comment Share on other sites More sharing options...
Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted August 24, 2010 Share Posted August 24, 2010 Sales of previously owned U.S. homes took a record drop in July to their lowest pace in 15 years, suggesting further loss of momentum in the economic recovery Quote Link to comment Share on other sites More sharing options...
shedfish Posted August 24, 2010 Share Posted August 24, 2010 Sales of previously owned U.S. homes took a record drop in July to their lowest pace in 15 years, suggesting further loss of momentum in the economic recovery yes, all that demand got brought forward with the 8k USD tax credit, and now that's over i've worn holes in the side of my head taking my 'Dow 10000' hat on and off.. can i have a bailout? Quote Link to comment Share on other sites More sharing options...
@contradevian Posted August 24, 2010 Share Posted August 24, 2010 Indeed. And up up up it goes courtesy of QE lite. http://www.zerohedge...-pomo-liquidity Although I'll wager the peek will decrease with each feed. Interesting, Morgan Stanley are front running the Fedsters Quote Link to comment Share on other sites More sharing options...
DisQ Posted August 24, 2010 Share Posted August 24, 2010 Sales of previously owned U.S. homes took a record drop in July to their lowest pace in 15 years, suggesting further loss of momentum in the economic recovery every month looks worse than the last but some still talk of recovery! unemployment (unofficial) now well over 22%!!! & going up as every day passes, empire crumbles before our very eyes... Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted August 24, 2010 Share Posted August 24, 2010 i've worn holes in the side of my head taking my 'Dow 10000' hat on and off.. can i have a bailout? I think they are your ears! Quote Link to comment Share on other sites More sharing options...
steaky Posted August 24, 2010 Share Posted August 24, 2010 Interesting, Morgan Stanley are front running the Fedsters And they've been bang on the money every time (apart from last Thursday when for some reason the injection didn't have the desired effect - figures though as I went long for the first time ever that day) Quote Link to comment Share on other sites More sharing options...
live in hope Posted August 24, 2010 Share Posted August 24, 2010 none of the above. I am off to Europe soon and it always drops before I go. It's a dead-cert short for me all the time. 100% guaranteed. isnt it around 1.22.5 to the euro and 1.55 ish doller benn about the same for a while hasnt it. or am i missing something Quote Link to comment Share on other sites More sharing options...
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