What just happened to futures?

Quote from BondTrader50:

I'm amazed that this is a surprise to the market.
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Agree.

http://www.marketwatch.com/news/sto...-38A1-4DE8-9AA1-F908AE787FE0}&dist=TNMostRead

I also think Emini/Eurex traders should be paying attention to the banking industry (index or etfs) during current economic environment...

That's a big hint.

The market obviously is willing to react in a parabolic price movement as shown around 7am est to current time of this message post.

Mark
 
Quote from Joab:

mooks :D :D :D

We have a new name for this place Elite Mooks :D
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Joab:

You are one of the Mooks, so STFU!
I have seen you whine on here on numerous occasions.
 
Quote from austinp:

<i>"maybe it's not a full bull"</i>

Of course it is. Subprime is contained. There is nil inflation. Big banks are gathering together to join hands and create a superfund that helps out the have-nots... you know, the ones who actually thought they could create their own derivatives and get away with that forever.

GS reported stellar performance, why wouldn't all big banks follow suit? Natural assumption in a strong, bull market like this one.
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Why didn't BAC offer guidance before today? Did they not want to or were they unable to?
 
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