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Investors Lounge
hisah
#1171 Posted : Wednesday, August 10, 2011 4:30:29 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
And now NYSE invokes rule 48... Usually invoked during knee-jerk volatility...

It was invoked on Monday - http://www.marketwatch.c...h-stock-open-2011-08-08

and it was also invoked in 2008 many times - http://www.cnbc.com/id/2...46/NYSE_Invokes_Rule_48

Meanwhile in euro land - Societe Generale down 12% - to be suspended soon...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#1172 Posted : Wednesday, August 10, 2011 6:08:34 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
And now, Dow tanks 3.91% to 10,800.28pts less than 2 hours into trading!
Volatility at its best
@SufficientlyP
hisah
#1173 Posted : Wednesday, August 10, 2011 6:53:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Just a few hours ago on post 1166 above, I said the Dow bounced hard from the DMA 200 support @10720. From the current price action, all the post FOMC gains overnight, asia and europe have all been erased and DMA200 support is under threat! Should Dow down close below this support, things will get funky! 2008 is back and traders faces will be ripped off trying to pick bottoms or riding the extreme sell-offs. Caution!!

If you cannot stand index bounces or sell-offs larger than 2% or 4% up/down stock moves a day or two, stay out. There's no need to lose hard money getting whipped up and down!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#1174 Posted : Wednesday, August 10, 2011 7:20:22 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Will short-selling ever be introduced at the NSE?
GOD BLESS YOUR LIFE
youcan'tstopusnow
#1175 Posted : Wednesday, August 10, 2011 7:21:32 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
England riots: Hackers hit Blackberry over police help

http://www.bbc.co.uk/news/technology-14476620
GOD BLESS YOUR LIFE
hisah
#1176 Posted : Wednesday, August 10, 2011 7:24:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Will short-selling ever be introduced at the NSE?


This one annoys me since I'd be in the monies now by shorting NSE @4400 and the bank stocks as I had suggested at the beginning of the year...
http://www.wazua.co.ke/f...39&f=1&q=186374

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1177 Posted : Wednesday, August 10, 2011 7:35:55 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Gold briefly tests $1798; $1800 will be taken out. The parabolic move from $1547 to the current level is nuts!

http://www.business-stan...t-record-1800/144021/on

@Cde - Tulips stage is now on the cards for the short timeframe. This thing will correct with a thud!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#1178 Posted : Wednesday, August 10, 2011 8:05:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
youcan'tstopusnow wrote:
Will short-selling ever be introduced at the NSE?


This one annoys me since I'd be in the monies now by shorting NSE @4400 and the bank stocks as I had suggested at the beginning of the year...
http://www.wazua.co.ke/f...39&f=1&q=186374



It would be great making money both ways
GOD BLESS YOUR LIFE
hisah
#1179 Posted : Wednesday, August 10, 2011 8:19:05 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
BNP Paribas - French banks too getting clobbered on rumours of France risks rating downgrade...

http://stockcharts.com/h-sc/ui?s=bnpqy

In the meantime Obama is to meet with the bernank later today.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1180 Posted : Wednesday, August 10, 2011 8:21:59 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The ponzi circus is getting interesting by the day...
Mexico to Sell 100-Year Bonds


Please note there are 100yr US bonds trading in the US bond market already...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
543 Pages«<116117118119120>»
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