Looks like a standard pullback in a bull market to me. There was no big bounce off of the 25% level (so far) so it looks like one third or one half may do it. Lots of summertime chop before the up move resumes.
This isn't the first time New Zealand's central bank has 'unexpectedly' raised interest rates recently. It says a lot for the resilience of the carry trade that there hasn't been mass unwinding. Non-event is the best description.
Intraday binary bets are ok for a bit of fun but you'd be a bit gutted if there was a 50 point bounce then down again to close 151 points down. Why not just buy the futures if you think there's going to be a bounce?
The ECB rate rise is a done deal but seasonal factors and higher long-term interest rates do point to at least a good summer correction or consolidation.
You think your obscene and insulting posts are an example for the "quality posters" you want to encourage?
I think you need to take some time out, chill out a bit and come back with yet another new nick.
Those sorts of threads would probably die away without hysterical people like you keeping them alive.
Most people are mature enough to decide for themselves which threads to read.
There seems to be a lot of bitterness from the anti-dipsters. It sounds like some people are frustrated because their elite trading methodology is making them lower returns (or higher losses) than simple dip buying. It's nothing to get frustrated about or to boast about. You can play around with...
Why does the woman who insists that the PPT is behind GM's stock price rise then advise people NOT to invest in large caps? If the PPT is there keeping prices up surely we should all be investing in them, at least until it all goes belly up.