ES Journal Archive (2009 - 2010)

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Yahoo! Finance reports:

German Chancellor Angela Merkel and other EU leaders flatly rejected bailout for eastern Europe- AP

I have no idea what dire consequences this will have on the eastern EU, but this certainly won't go down well for the market. What sez you?
 
Quote from ammo:

there is a 48 on here also ,cover half at 43,have to leave for the day
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still short from fri 48,46,45,44,covered half 43,i'm with ya sal ,hoping to cover in 700-710 area,that bank article ya mentione is bad for the mrkt but music to my ears as now maybe the gutless politicians will stand up and say no and let a few of these banks bleed dry,take our whippin,move on ,before they give all the cash away ,the banks fail anyway ,and theres nothing left to rebuild with
 
If you thought Citi was "too big to fail", just wait until countries like Ireland and Korea start to go under. Nothing is too big to fail this time around. You don't think the failures of these countries will have a serious repercussion around the globe? Think twice.
 
Not a problem, porky. We're only down 8 points so far, but you haven't seen nothing yet.

In the meantime, keep us in good company. :D
 
This is fantastic news maybe we'll open LLD monday morning. Shorting oil and the dollar as well I just have a strange feeling the inverse relationship the dx and the es have been in is coming to an end. If the EU stays strong (as in not giving into the temptation to interfere with the market) shouldn't their currency regain strength since they aren't printing money as fast as we are. Go figure they are making proper decisions and we are the socialist :confused:
 
Quote from riskaddict:

This is fantastic news maybe we'll open LLD monday morning. Shorting oil and the dollar as well I just have a strange feeling the inverse relationship the dx and the es have been in is coming to an end. If the EU stays strong (as in not giving into the temptation to interfere with the market) shouldn't their currency regain strength since they aren't printing money as fast as we are. Go figure they are making proper decisions and we are the socialist :confused:
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Yeah, but if the eastern EU countries start going belly up one after another, it won't be long before Germany herself comes knocking at our front porch for a free bailout. And we have no choice but to help. Now that would be a nightmare on Main Street.
 
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