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MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!

 
gebahie

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11/01/2011 09:44 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Emergency Greek Cabinet Meeting At 4 pm Local - Early Elections, Referendum To Be Discussed


We fail to see how this is remotely good news, as early elections are merely another form of popular referendum which will simply delay the final outcome of the prevailing hatred toward the bailout, only with it it risks esclating the country closer to outright civil conflict.

[link to www.zerohedge.com]
 Quoting: gebahie


hiding

15 minutes.
 Quoting: MARTIAL LAW



There Goes The Greek Majority
Submitted by Tyler Durden on 11/01/2011 - 09:41

Just out

ANOTHER GREEK RULING PARTY LAWMAKER CALLS FOR ELECTIONS, NATIONAL UNITY GOVT - GREEK MEDIA
And with that the PASOK majority is history.

[link to www.zerohedge.com]

Last Edited by gebahie on 11/01/2011 09:44 AM
Anonymous Coward
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
lol the stock markets have been a roller coaster all to do with the mass media scaring everyone with doom stories about Greece than saying they will get bailout funds and it will save the planet than they wont. It sends the markets up and down. Awesome time to be a trader. Sucks if this is your retirement.
Lime Flavoured Redux

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Greek elections would be interesting, since the current government would get hammered, but the question is who would take their place?
MARTIAL LAW (OP)

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11/01/2011 09:46 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
There Goes The Greek Majority

ANOTHER GREEK RULING PARTY LAWMAKER CALLS FOR ELECTIONS, NATIONAL UNITY GOVT - GREEK MEDIA

[link to www.zerohedge.com]

siren2siren2

Last Edited by MARTIAL LAW on 11/01/2011 09:46 AM
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
Anonymous Coward
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11/01/2011 09:46 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
@ 3:30 PPT = DOW TO DA MOON

you can bank on it

osuper
Anonymous Coward
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11/01/2011 09:47 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
1220 is key here break below and down we go another leg

[link to finance.yahoo.com]
SFC_Swede

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11/01/2011 09:47 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
I am not a financial wizard AT ALL. Pretty dumb when it comes to the market. But isnt this going to wipe out 401K's and other pension plans?

Are we witnessing the raping of those instruments?
 Quoting: SFC_Swede


Seriously..anyone?
"Problem solved, Problem staying solved...Rangers lead the Way" Action Figure Therapy

"We must all hang together, or assuredly we shall all hang separately." Benjamin Franklin
Anonymous Coward
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11/01/2011 09:48 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Greek elections would be interesting, since the current government would get hammered, but the question is who would take their place?
 Quoting: Lime Flavoured Redux


devil6
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11/01/2011 09:49 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
@ 3:30 PPT = DOW TO DA MOON

you can bank on it

osuper
 Quoting: Anonymous Coward 4189773


I'll say it.
Obama is monitoring the situation and time to bring the tomato plants inside.
bumpbumpbump

Last Edited by USCG Popeye on 11/01/2011 09:51 AM
Anonymous Coward
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
bump
Daikirai

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11/01/2011 09:52 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
We may finally have doom today.
 Quoting: de38always


e345467
Chi pecora si fa, il lupo se la mangia
Daikirai

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11/01/2011 09:54 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Seriously..anyone?
 Quoting: SFC_Swede


Who cares about pensions when everyone get's 4n4lly screwed?
Chi pecora si fa, il lupo se la mangia
AnonyMouse Howard

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11/01/2011 09:55 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
I thought they said they fixed the Greek and Euro crisis last week!?!?
 Quoting: amabala


Greek people need to vote on it because the politicians don't have the guts to pass it with out a referendum.

If it doesn't pass, no one will ever again buy Greek bonds.
The Greeks best option at this point is to be conquered by Turkey.
 Quoting: AnonyMouse Howard


We are going to elections.. today or within the next days. And no, no military junta if they decide this quickly, and of course you are joking about the rest.
 Quoting: Ostria1


Yeah, but the turks are better then the commies.
Anonymous Coward
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
oridin
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11/01/2011 09:55 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Marketwatch already saying it's stabilized.. pretty fast and convenient. Not sure how they pulled that off. Wonder if the news of Greek government collapse hasn't hit the trading floors yet.
MARTIAL LAW (OP)

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11/01/2011 09:59 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Independent Strategy On "Greece The Ungovernable" - "Go short the euro and PIIGS debt — and hold on to your seats!"

The Greek PM's call for a referendum on the bailout package reveals that Greece is becoming increasingly ungovernable under the weight of fiscal austerity and recession.
Expect weeks of uncertainty in markets and rising contagion in other weaker EMU states. If the vote is lost, Greece will default. Stay short the euro and PIGS debt.


[link to www.zerohedge.com]
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
YaRight

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11/01/2011 09:59 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Marketwatch already saying it's stabilized.. pretty fast and convenient. Not sure how they pulled that off. Wonder if the news of Greek government collapse hasn't hit the trading floors yet.
 Quoting: Anonymous Coward 1895541


Its early in the day my friend..stay tuned
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Daikirai

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
oridin
 Quoting: Anonymous Coward 1357793


34565768980
Chi pecora si fa, il lupo se la mangia
CrazyMama73

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11/01/2011 10:00 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Somebody PIN this so we can watch through the day...
 Quoting: Anonymous Coward 4242853


Okay, I bought us a green pin.

If anyone who enjoys this thread would be kind enough to replenish some of the karma I expended on it, I would greatly appreciate it.
 Quoting: goodmockingbird




Karma added!
CrazyMama73
^TeChNoXiC^

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Marketwatch already saying it's stabilized.. pretty fast and convenient. Not sure how they pulled that off. Wonder if the news of Greek government collapse hasn't hit the trading floors yet.
 Quoting: Anonymous Coward 1895541


Yeah, pretty convenient (it's down to a .0001 point science to them).

I hate seeing the market headlines like a friggin' seesaw - "Stocks Tumble on renew European debt fears"... Then an hour or two later - "Stocks recover/shed losses on European debt 'HOPES'".

'Fear and Hopes'. There you have it.
Keep fighting the good fight - It's right in front of us...

-TeCh®
robertwalker62

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11/01/2011 10:03 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Wait to see what happens after the meeting gets out - i doubt papendreaou will be able to keeps things together and the markets will show that immediately.
pool
Netizen Ribbonmind

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11/01/2011 10:03 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Germans are running the camp.
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
Anonymous Coward
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Huge fluctuations on the Dow. Europe strangely is going up..
Oldmotherhubbard

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11/01/2011 10:03 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
i pay attention to stocks, i am no financial expert so can someone answer this question?

when you watch the dow here
[link to www.google.com]

it stays much higher than when you watch the dow here
[link to www.sgxniftydowfutureslive.com]


why?

never mind it is because the one is futures?

edited again because i answered my own question.


edited cuz i spellz good

Last Edited by Oldmotherhubbard on 11/01/2011 10:06 AM
Oldmotherhubbardglp@live.com
N34444

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11/01/2011 10:04 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
hahaha look at CNBC trying to be optimistic.

Kramer is such a fucking douchehole.
 Quoting: Anonymous Coward 1518985


Roger that!
Assets feed you, liabilities eat you.
MARTIAL LAW (OP)

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11/01/2011 10:04 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
i pay attention to stocks, i am no financial expert so can someone answer this question?

when you watch the dow here
[link to www.google.com]

it stays much higher than when you watch the dow here
[link to www.sgxniftydowfutureslive.com]


why?


edited cuz i spellz good
 Quoting: Oldmotherhubbard


the 2nd one is a link to the futures market.
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
Anonymous Coward
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11/01/2011 10:04 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
I am not a financial wizard AT ALL. Pretty dumb when it comes to the market. But isnt this going to wipe out 401K's and other pension plans?

Are we witnessing the raping of those instruments?
 Quoting: SFC_Swede


Seriously..anyone?
 Quoting: SFC_Swede


yes, they are taking what's left out of the market place and replacing with 'funny money'
Anonymous Coward
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11/01/2011 10:05 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
i pay attention to stocks, i am no financial expert so can someone answer this question?

when you watch the dow here
[link to www.google.com]

it stays much higher than when you watch the dow here
[link to www.sgxniftydowfutureslive.com]


why?


edited cuz i spellz good
 Quoting: Oldmotherhubbard


Probably your browser.
Anonymous Coward
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11/01/2011 10:06 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Marketwatch already saying it's stabilized.. pretty fast and convenient. Not sure how they pulled that off. Wonder if the news of Greek government collapse hasn't hit the trading floors yet.
 Quoting: Anonymous Coward 1895541


Its early in the day my friend..stay tuned
 Quoting: YaRight


True, but I think they'll somehow spin some good news out (fake that is). It all hinges on Greece.
N34444

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
why does gold too go down with this unstable bullshit!?!?
 Quoting: Anonymous Coward 4281533


Because even rich bastards get caught with their pants down and have to sell of huge gold positions to cover CDS and derivatives vehicles that have carshed.

Nick®
swaze
 Quoting: Nickadeemus


Will it go back up?
 Quoting: Me too


No doubt...

...a global crash would TEMPORARILY crash PMs...and only maybe, depending on where the money is flowing...but that doesn't mean you will able to BUY it at low spot prices. I'm a believer that there will be 2 separate prices...the manipulated price and the 'street' price.
 Quoting: MARTIAL LAW


Exactly right. There will be a big premium for physical.
Assets feed you, liabilities eat you.