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Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30

 
Luisport (OP)

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03/01/2013 09:36 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
1,2893!!!
Luisport (OP)

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03/01/2013 09:37 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
-100
Earth Cries

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03/01/2013 09:37 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow still falling. After 8 minutes down over 100.
Mark 13:20 And except that the Lord had shortened those days, no flesh should be saved: but for the elect's sake, whom he hath chosen, he hath shortened the days.
Polynomial

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03/01/2013 09:37 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
-100.22 @ -00.71%
"Digging to the rhythm and the echo of a solitary siren."

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Ollo

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03/01/2013 09:38 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow -95

But really...no disrespect, Luis, I'm honestly asking...what in these numbers shows crumbling? Seems like the usual up and down. I'm sure at some point it's going to crumble, but what's the big deal about the numbers right now?
Luisport (OP)

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03/01/2013 09:40 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow -95

But really...no disrespect, Luis, I'm honestly asking...what in these numbers shows crumbling? Seems like the usual up and down. I'm sure at some point it's going to crumble, but what's the big deal about the numbers right now?
 Quoting: Ollo

not in the markets yet, but in economy yes!
Luisport (OP)

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03/01/2013 09:40 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
-113
insertfunnyusername

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03/01/2013 09:42 AM
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5a
Ollo

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03/01/2013 09:43 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow -95

But really...no disrespect, Luis, I'm honestly asking...what in these numbers shows crumbling? Seems like the usual up and down. I'm sure at some point it's going to crumble, but what's the big deal about the numbers right now?
 Quoting: Ollo

not in the markets yet, but in economy yes!
 Quoting: Luisport


I'm still learning about these things and amazed how the markets will climb as the economy is suffering.
Anonymous Coward
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03/01/2013 09:43 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

The Markets Are Crumbling, As Pile Of Bad Is Too Much To Handle [link to read.bi]
 Quoting: Luisport


we all know its going to hell, and i think i have aprox timing for different things.. i have a map in my head

you need to get ready for a complete meltdown now, theres not much time left

you need to have gold / silver / bitcoins (motivation, and for a new start in the future), you need to be debt free and you need to figure out how to get food and shelter until you think its time to spend / sell your gold / silver / bitcoins .. the longer you wait, the more you'll get for it
 Quoting: nerdwegian


Agreed. Maybe a total crash will give way to a better future. I don't want my kids around for what's out there right now.
 Quoting: Polynomial


same here

get ready
Anonymous Coward
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03/01/2013 09:43 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Crash and burn ! Hang on tight ! Fasten seatbelts!!!!!! Fire pouring outa both engines! Shut,em down!!!!!!siren2siren2siren2siren2
Children of the Atom

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03/01/2013 09:44 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow -95

But really...no disrespect, Luis, I'm honestly asking...what in these numbers shows crumbling? Seems like the usual up and down. I'm sure at some point it's going to crumble, but what's the big deal about the numbers right now?
 Quoting: Ollo

not in the markets yet, but in economy yes!
 Quoting: Luisport


I'm still learning about these things and amazed how the markets will climb as the economy is suffering.
 Quoting: Ollo


It is because you are not learning at all...

During a depression, assets and their respective value decrease.

During inflation, assets and their respective value increase.

This is the boom and bust cycle you hear so often.

So yes, during a recession/depression - stock tends to go up because of inflation. More printing = less purchasing power = more dollars for the same amount of shares.
Anonymous Coward
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03/01/2013 09:48 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
No thrust 1500 ft. Eject......Eject........Eject!!!!!!!!
Luisport (OP)

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03/01/2013 09:48 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

Obama And Congressional Leaders Have One Big Final Meeting Before The Sequester Goes Into Effect [link to read.bi]
Polynomial

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03/01/2013 09:49 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

Obama And Congressional Leaders Have One Big Final Meeting Before The Sequester Goes Into Effect [link to read.bi]
 Quoting: Luisport


"8:04 a.m. ET: Senate Minority Leader Mitch McConnell released a statement about today's meeting at the White House, reiterating that there will be "no last-minute, back-room deal."

[link to politicalticker.blogs.cnn.com]
"Digging to the rhythm and the echo of a solitary siren."

College Experience:
-1 course Longview Community College; Philosophy - 3 credits
-2 courses DeVry University; Critical Thinking & Problem Solving, Composition - 6 credits.

Planned Universities:
-MCCKC
-UMKC
-University Of Missouri
-Princeton University
Polynomial

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03/01/2013 09:50 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

Obama And Congressional Leaders Have One Big Final Meeting Before The Sequester Goes Into Effect [link to read.bi]
 Quoting: Luisport


[link to politicalticker.blogs.cnn.com]

"8:04 a.m. ET: Senate Minority Leader Mitch McConnell released a statement about today's meeting at the White House, reiterating that there will be "no last-minute, back-room deal."
"Digging to the rhythm and the echo of a solitary siren."

College Experience:
-1 course Longview Community College; Philosophy - 3 credits
-2 courses DeVry University; Critical Thinking & Problem Solving, Composition - 6 credits.

Planned Universities:
-MCCKC
-UMKC
-University Of Missouri
-Princeton University
Anonymous Coward
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03/01/2013 09:50 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Im sorry for added effect but this country is in a tailspin!!! Poeple are like do do do do!!!! Form a line and get shot!!!!!!ahhh you cant fix stupid!!
Luisport (OP)

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03/01/2013 09:57 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
zerohedge‏@zerohedge

Berlusconi Says Italy Should Vote as Soon as Possible: SkyTG24
Luisport (OP)

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03/01/2013 09:57 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

CONSUMER CONFIDENCE BEATS EXPECTATIONS, RISES TO 77.6 [link to read.bi]
Luisport (OP)

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03/01/2013 09:58 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
zerohedge‏@zerohedge

Consumers very confident they just ran out of moneybanana2
Limpan

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03/01/2013 10:00 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Dow will go green today. Trust me

wakeup
Luisport (OP)

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03/01/2013 10:02 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
EURO LOD!!! 1,2968!!! abombabombabomb
Luisport (OP)

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03/01/2013 10:03 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
Business Insider‏@businessinsider

BEAT: ISM Crushes Expectations, Rising To 54.2 [link to read.bi]

3 min Business Insider‏@businessinsider

Construction Spending Misses Expectations Falling 2.1% [link to read.bi]

8 min Business Insider‏@businessinsider

CONSUMER CONFIDENCE BEATS EXPECTATIONS, RISES TO 77.6 [link to read.bi]
Luisport (OP)

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03/01/2013 10:04 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
zerohedge‏@zerohedge

ISM 54.2 vs Exp 52.5, last 53.1
Machine42

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03/01/2013 10:10 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
I have heard the markets are crumbling everyday, can we wait until they are really crumbling please.
novamom

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03/01/2013 10:10 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
All while news of MI taking over Detroit. If a state needing to take over the finances of a major US city isn't warning enough, I'm not sure what it. Granted Detroit has been bad for a while, mostly because of its liberal politics, but still... Just think these leaders are in the same group as the leader of the US... what should this tell us?
Children of the Atom

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03/01/2013 10:24 AM
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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
I have heard the markets are crumbling everyday, can we wait until they are really crumbling please.
 Quoting: Machine42


I understand now why the more knowledgeable laugh when a newb comes into their field of study and begins feeling as if they are some canary in the coal mine.

We all make that mistake, eager minds seek knowledge. But regardless, things in all fields have increased in frequency. Some man made, some natural. And I think that helps obfuscate what is going on.

Nevertheless, although the market is volatile. 1-3% drops are comical. Especially on Friday, when most markets are selling and covering positions/calls.

This is typical and usual in a normal market. Ebb and Flow.

When we see consecutive days of 7% losses or more, than we have a problem. But you gotta take some gains or there is no profit. You don't marry stock!

Last Edited by Children of the Atom on 03/01/2013 10:25 AM
Luisport (OP)

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03/01/2013 10:26 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
zerohedge‏@zerohedge

So today's consensus is that US manufacturing will save the world from recession? Here are US mfg jobs [link to research.stlouisfed.org] …

12 min zerohedge‏@zerohedge

ISM Employment Down, Prices Paid Highest In 20 Months, As Construction Spending Plunges. [link to www.zerohedge.com] …
Luisport (OP)

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03/01/2013 10:27 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
it seams euro wants do continue to go down... so markets will go down too... [link to www.freestockcharts.com]
Luisport (OP)

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03/01/2013 10:28 AM

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Re: Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
zerohedge‏@zerohedge

Druckenmiller: "Currently, I See A Storm Coming" [link to www.zerohedge.com] …

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