Black Monday - December 31, 2012

[hajimow]

Quote from atticus:

No stop, right?

Absolutely no stop.

 

[hajimow]

Quote from Spectre2007:

no deal.. they are reconvening 11am tomm.

They are buying time by these meetings. There will be no deal soon. In the meetings they talk about the best wine that they had and their kids soccer game. Nothing else.

 

[mastacoli71]

Quote from Spectre2007:

no deal.. they are reconvening 11am tomm.

thx spec, could not find anything as well. wow, nothing like bringing in the new year with no deal, who would have thought.

 

[hajimow]

Do you guys believe that even if they agree on a inky dinky deal, market will rally?

 

[bond_trad3r]

By the rumor, sell the news.

And really. Who gives a shit if Obama and the Senate become bffs and sign a deal. The house is still gonna reject it.

 

[Maverick74]

Spoos up 3 to 4 handles. Good work guys on the end of the world talk.

 

[icarus618]

There is no urgency for these sociopaths to act until a 500 point drop in the INDU. 2008 showed that they are reactive to market crashes.

 

[bond_trad3r]

Quote from Maverick74:

Spoos up 3 to 4 handles. Good work guys on the end of the world talk.

I'll admit that these Black Monday threads always seem to be a contrarian indicator. You guys should thank me.

 

[hajimow]

Quote from bond_trad3r:

I'll admit that these Black Monday threads always seem to be a contrarian indicator. You guys should thank me.

I still say maret will be flat and oil will be down at least 50 cents.

 

[Maverick74]

Quote from hajimow:

I still say maret will be flat and oil will be down at least 50 cents.

Dude, WTI has a $2 ATR. It makes .50 moves 10 times a day.