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hisah
#1141 Posted : Monday, August 08, 2011 10:09:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
JSE - http://www.forexpros.com...-futures-advanced-chart

Europe premarket - Things are turning green from red as ECB comes out strongly to backup bond buying. Spain banks on 4%+ gains...

The ponzi continues smile

Update -> Asian markets recouping the excess losses in the afternoon.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1142 Posted : Monday, August 08, 2011 5:02:27 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
UK is becoming restive. Some dude was killed in Tottenham and 2 days in a row riots have broken out since Saturday. Remember Tunisia...?

http://www.bbc.co.uk/new...england-london-14439970

Equity Futures at a glance. Sea of reds everywhere... Dow likely to close below 11000. All major euro markets down 3% plus - the ECB morning bond buying spree has now faded. If US markets close 2 - 3% down, Asia will continue the selling until someone says something reassuring to calm the markets...

http://www.forexpros.com/indices/indices-futures

Update

Greece market - sub 1000 level tomorrow - this one has been a bloodbath since Feb.
http://www.washingtonpos...8/gIQA9Fu01I_story.html

http://www.bloomberg.com/apps/quote?ticker=ASE:IND
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1143 Posted : Monday, August 08, 2011 6:01:31 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
That sinking feeling... Image courtesy of MSNBC.com



Meanwhile Greece's securities regulator bans short selling starting tomorrow for the next two months. Desperate times call for desperate measures indeed...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1144 Posted : Monday, August 08, 2011 6:22:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Whoa...! Bank of America is getting hammered like AIG and Lehman during Lehman's time in 2008... Something is coming up here... Stay tuned...

http://stockcharts.com/freecharts/gallery.html?BAC
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#1145 Posted : Monday, August 08, 2011 6:31:03 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Hisah-BAC owes AIG a potential $10bn
Sehemu ndio nyumba
hisah
#1146 Posted : Monday, August 08, 2011 8:18:14 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah-BAC owes AIG a potential $10bn


Have a look at the BAC CDS...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1147 Posted : Monday, August 08, 2011 8:22:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
UK is really giving me the creeps... Tunisia...

http://in.reuters.com/ar...dINIndia-58679920110808

Looking at intrade trade bets...

-> Greece default bet - http://www.intrade.com/v...ract/?contractId=745093

-> Some euro members to walk out - http://www.intrade.com/v...ract/?contractId=713737

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1148 Posted : Tuesday, August 09, 2011 12:04:13 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
US session closes. The carnage...

DJIA - 5.55% down, S&P500 - 6.66% down and Nasdaq - 6.11% down.

Dow now below 11000 handle. In just under 2 weeks, almost 2000pts burned off...

Gold breaks above $1720. This one has been on a mammoth charge!

http://www.forexpros.com...-jones-down-5.55-221356

The selling is overdone globally. Welcome to volatility where up days will post wild gains & down days will post heart stopping falls...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1149 Posted : Tuesday, August 09, 2011 12:06:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Mainat wrote:
Hisah-BAC owes AIG a potential $10bn


Have a look at the BAC CDS...


Whoa!? BAC slips below $7.00 handle to $6.51. Hii ni bangi??? But once in a while not bad for a fraudulent bank i.e. mortgage scam to receive a wild beating...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kenyainvestor
#1150 Posted : Tuesday, August 09, 2011 2:14:44 AM
Rank: Member

Joined: 7/12/2011
Posts: 194
A 3rd night of looting, violence and arson in London continues
Riots now spread to Birmingham city! www.democraticundergroun...&address=102x4952832
David Cameron, the PM, Nick Clegg, the deputy PM, and Ed Miliband, the opposition leader, cancel their holidays. They must be thinking, ''why now?''
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543 Pages«<113114115116117>»
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