Quote from EPrado:
Also a rumor of terror alert being raised......minutes later the state dept denied any raising.
I think the SP failing to breakout over 1464 by much caught some new longs in a bad spot.....
Just my opinion......I gave up trying rationally to understand how fundamentals affect this mkt.....
Quote from niceneasy:
nobody bought any us treasuries in december. in fact, they bought 43 billion from overseas... america has a minor cash flow problem of 2-300 bill a month... why is this not news ? why? why? why?
i wouldnt blame the sell off on this - but just to point out that trying to make sense of this shit will make you go cross eyed...america is bankrupt

Quote from piezoe:
The market is down today because it was up 5 days in a row, and now it is time for the MMers to buy back from you guys, at bargain prices, the stuff they sold you at outrageous prices, so they can sell it to you all over again. It is as simple as that guys, it doesn't take fundamentals or an Iran to do this, just basic human greed, and i suppose that is a "fundamental", a fundamental of human nature that is.![]()
Quote from S2007S:
how does a rumor of that magnitude come about????
I think we can just say that the markets are down today because they are overbought, its simple as that.