Dubai Style Slide on President's Day ?

[Gcapman]

The charts are pretty obvious on anticipating a massive slide -- anyone who can't see that set-up is [quite frankly] either blind or does not have a high level proficiency in chart-reading....

Article on Dubai debt.....Deja Vu???

http://www.marketwatch.com/story/dubai-debt-concern-grows-2010-02-12

 

[just21]

It already happened, the dubai low in late november is exactly the same pattern as the last two weeks trading. This time it was greece.

 

[Gcapman]

Quote from just21:

It already happened, the dubai low in late november is exactly the same pattern as the last two weeks trading. This time it was greece.

Agreed...the main difference is that economic data has been a tad disappointing....that is the straw that will break this hump's [come]back...

 

[Gcapman]

Damn! When it rains, it pours....


http://www.timesonline.co.uk/tol/news/politics/article7025833.ece

 

[Gcapman]

......it's starting............

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4FwvCqpkEUc&pos=4


http://www.bloomberg.com/apps/news?pid=20601087&sid=arDc.ziKSCQ4&pos=7

 

[Gcapman]

My cover limit orders in at 8700 for the Aussie

 

[Gcapman]

http://www.zerohedge.com/article/al...ate-prevent-collapse-g-7-greece-irrelevant-we

 

[Gcapman]

Obviously, it did not happen....

I wonder how long they can hold this inevitable massive drop in the S&P ?