Why is the EU plan causing such a huge reaction?

[canuckrookie]

Quote from SCI new york:

I really don't think any of the people on this forum have any idea as to whats going on in this market or these bailout situations from the government. No wonder why 99% of you guys fail and dont make money. You think you know things when you dont.





p.s. does anyone know of a forum where traders DO know what they're talking about instead of all this market conspiracy bs all the time?

(RGC girl pictorium and daily hottie still the best threads on here)

One thing that is obvious is that you don't know what your talking about. Nobody on these forums knows anything? Then why do you come here? Oh I forgot, to whine like a baby. Go drink some warm milk.

 

[SCI new york]

Quote from canuckrookie:

One thing that is obvious is that you don't know what your talking about. Nobody on these forums knows anything? Then why do you come here? Oh I forgot, to whine like a baby. Go drink some warm milk.

sure. keep that short up. its great putting morons like you out of work. enjoy trying to be a trader and failing. don't worry though, world needs plenty of bartenders.

 

[Debaser82]

Quote from Smart Money:

I'm betting that's in the cards. The "good news" practically wiped out any trace of the bad news. But the bailout is expensive, and curtails production in the future. Someone will eventually figure that out.

When they figure it out, they will print more money.

A 15 Trillion USD bailout package.

To calm the markets and kill off bad speculators.

 

[canuckrookie]

Quote from SCI new york:

sure. keep that short up. its great putting morons like you out of work. enjoy trying to be a trader and failing. don't worry though, world needs plenty of bartenders.

You must be doing so well yourself. Hows your trades going today? Oh wait you have none and even if u did you obviously don't come here to provide anything to others trying to learn, instead you act like a child. Have a nice day loser and don't forget the cookies with your warm milk.

 

[S2007S]

What better way to fix this crisis but with even more debt....

fools!!!!!!!

 

[canuckrookie]

Quote from S2007S:

What better way to fix this crisis but with even more debt....

fools!!!!!!!

Exactly, there are so many things wrong with all of this that it's not even funny. I guess that will teach Greece fiscal responsibility, not!
The Conservatives in Germany must be getting their pitch forks ready right about now.

 

[S2007S]

Quote from canuckrookie:

Exactly, there are so many things wrong with all of this that it's not even funny. I guess that will teach Greece fiscal responsibility, not!
The Conservatives in Germany must be getting their pitch forks ready right about now.

There is no more fiscal responsibility left in any system, failure doesn't even exist anymore as all they do is hand out money to anyone and everyone. Remember this is just a temporary fix.

 

[Pekelo]

Quote from jedwards:

I covered my shorts on Friday in anticipation of a big snapback once Europe came into session,

So you answered your own question. A snapback was already in the cards, the positive news just exaggerated it. We could have gapped up 150-200 Dow pts without the EU news...