ES Journal Archive (2011)

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Quote from tortoise:

what happened???


FT Writes: S&P ratings warning to top euro nations

Standard and Poor’s has warned Germany and the five other triple A members of the eurozone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single currency bloc.

The US ratings agency is poised to announce later on Monday that it is putting Germany, France, the Netherlands, Austria, Finland, and Luxembourg on “creditwatch negative”, meaning there is a one-in-two chance of a downgrade within 90 days.

http://www.ft.com/cms/s/0/7cf2e0ae-1f63-11e1-9916-00144feabdc0.html#axzz1fgfHtFZA
 
Quote from fishing:

FT Writes: S&P ratings warning to top euro nations

Standard and Poor’s has warned Germany and the five other triple A members of the eurozone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single currency bloc.

The US ratings agency is poised to announce later on Monday that it is putting Germany, France, the Netherlands, Austria, Finland, and Luxembourg on “creditwatch negative”, meaning there is a one-in-two chance of a downgrade within 90 days.

http://www.ft.com/cms/s/0/7cf2e0ae-1f63-11e1-9916-00144feabdc0.html#axzz1fgfHtFZA


in other words, this whole day was a setup...
 
Quote from gmst:

long 1265, target 1271, stop 1260

Edit: Will tighten the stop later.

stopped at 1260, and reversed to short at 1259. Target 1252 at least, maybe 1240s....let us see.....


S&P putting european AAA on credit negative is a biggggg news.
 
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