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The "up-to-the-minute Market Data" thread

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posted on Apr, 27 2010 @ 05:09 PM
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Well today was a blood bath!


Greece 1696.68 -108.23 -6.00% 17:19
Spain 1084.60 -47.52 -4.20% 17:36
Portugal 2494.56 -122.67 -4.69% 17:08
Ireland 3340.57 -156.60 -4.48% 17:10
Paris 3844.60 -152.79 -3.82% 18:12
Frankfurt 6159.51 -172.59 -2.73% 19:42

United States 10991.99 -213.04 -1.90% 16:30
NASDAQ 2471.47 -51.48 -2.04% 17:30
Rus 2000 721.27 -17.59 -2.38% 17:26
S&P 500 1183.71 -28.34 -2.34% 16:59
Gold & Silver 171.89 -0.60 -0.35% 17:30
PreMetals 353.31 -2.83 -0.80% 16:05
Gold GOX 202.37 0.68 0.34% 16:49
Gold Bugs 443.71 2.72 0.62% 17:54
AMEX Energy 601.51 -19.10 -3.08% 17:54
NYSE Energy 11554.46 -334.41 -2.81% 17:05
Oil Services 218.04 -9.25 -4.07% 17:30
AMEX Oil 1096.18 -30.28 -2.69% 17:52
PHLX Semi. 386.78 -14.03 -3.50% 17:30
NASDAQ Fin. 2247.66 -54.47 -2.37% 17:30
NYSE Finance 5017.48 -189.61 -3.64% 17:05
Brazil 66511.10 -2360.84 -3.43% 17:16
Mexico 32679.36 -1092.19 -3.23% 15:06




posted on Apr, 27 2010 @ 05:14 PM
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reply to post by GreenBicMan
 


No the crime they committed was indeed a crime.. especially if you actually listen to some of the people who bought their instruments.. not banks, but small town mayors, stupid government officials, rich but ignorant investors etc.. You can't sell a product without full disclosure.. part of that being fully explaining the product. I believe from the reports ive read that the biggest they are in trouble for is that these products were complex, so complex someone not versed in economics couldn't understand it.

The only defense GS has .... is it wasn't a regulated market. Indeed, because there was no regulation on that type of product... they technically did not do anything wrong..


Even though they did.

CPI -- wrost government numbers after GDP .. it's a sham. Even in the Bush years when inflation was nearing 1980's levels.. all was peachy with the CPI. In fact, it was quite low.



posted on Apr, 27 2010 @ 05:16 PM
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Natl Bk Greece Ads Common Stock
finance.yahoo.com...
Change: Down 0.49 (15.86%)

Euro hit a low of 1.31438

Gold hit 1172.20

Europe debt crisis spreads to Portugal

ATHENS -- Ratings agency Standard & Poor's pushed Greece to the brink of a financial abyss Tuesday and downgraded Portugal's debt, too, fueling fears of a continent-wide debt meltdown in Europe.

Stocks around the world tanked when Greek bonds were lowered to junk status and investors saw that Greece's financial contagion was spreading to at least one other eurozone country.

Major European exchanges fell more than 2.5 percent, and on Wall Street, the Dow Jones industrial average finished down more than 200 points. The euro slid more than 1 percent to nearly an eight-month low.

"We have the makings of a market crisis here," said Neil Mackinnon, global macro strategist at VTB Capital.




NZSE 50 3,274.63 6:13PM EDT Down 31.63 (0.96%)
NZSE 50 3,272.60 6:17PM EDT Down 33.65 (1.02%)

[edit on 4/27/2010 by Hx3_1963]



posted on Apr, 27 2010 @ 07:09 PM
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reply to post by Rockpuck
 


They don't have to have understanding of anything, they are been pay to act like the clowns they are for the public entertainment by the puppet masters



posted on Apr, 27 2010 @ 07:28 PM
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NZSE 50 3,272.20 8:20PM EDT Down 34.05 (1.03%)

All Ordinaries 4,859.40 8:06PM EDT Down 53.90 (1.10%)
All Ordinaries 4,817.30 8:09PM EDT Down 96.00 (1.95%)

Nikkei 225 10,910.91 8:06PM EDT Down 301.75 (2.69%)
Seoul Composite 1,719.07 8:06PM EDT Down 30.48 (1.74%)


[edit on 4/27/2010 by Hx3_1963]



posted on Apr, 27 2010 @ 07:38 PM
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reply to post by Rockpuck
 


Are you still watching this as I am?

I hope that you would agree every Senator here needs to be fired and they should be the ones put on trial.

Until everyone realizes these Senators are trying to lay the blame off of themselves and turn it into "evil GS" this same # will continue.

I really hope also the Senators learn the term Market Maker. Would have saved 6.5 hours this evening.

This old wind bag asking the same question over and over is getting old.

IMO if I had the cash I would start buying all the GS calls I can afford. GS to 200/share within 2 months. Count on it. This is all bull#.

[edit on 27-4-2010 by GreenBicMan]



posted on Apr, 27 2010 @ 07:41 PM
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reply to post by GreenBicMan
 


Don't bet on it, GS is going down, for the time being, but not because what is going on in congress but because the investors that now see wrong doing are already lining up with their lawyers to see retribution.

In the billions of dollars.



posted on Apr, 27 2010 @ 08:02 PM
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reply to post by marg6043
 


Trust me Marg, I like you, but you are wrong.

GS is not going down, and they would have went down today if the market goes down 200+. GS went up a Dollar. Wonder why that was? Most likely because the people that knew these key "terms" were laughing at the Senators.

Do yourself a favor and make sure you vote neither Dem or Rep. in the next elections. Then you can say you had a hand in trying to solve the problem. Otherwise you are contributing as well.

I mean this in the best way possible.



posted on Apr, 27 2010 @ 08:06 PM
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reply to post by Rockpuck
 


RP, I don't see inflationary pressure with the dollar this strong in the short term. I don't see the dollar getting any weaker anytime soon either. Big Ben couldn't ask for a better scenario right now IMO.



posted on Apr, 27 2010 @ 08:07 PM
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finance.yahoo.com...
Nikkei 225 10,894.99 8:46PM EDT Down 317.67 (2.83%)


CNBC Asia (Live)
www.justin.tv...

[edit on 4/27/2010 by Hx3_1963]



posted on Apr, 27 2010 @ 08:11 PM
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reply to post by Hx3_1963
 


HX - time to put on your thinking hat.

I smell buying opportunity. EUR USD short could have been the best play way back at 1.42 in history next to shorting SKF one year ago.

It is pretty amazing though with all this dollar strength our equity markets are still basically at the highs for 2 plus years..


This rally isn't over, this was just an excuse to dump the market via Portugal and a lot of eyes on the hearing. I am sure you share some of the same feelings of course.



posted on Apr, 27 2010 @ 08:19 PM
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I'm still holding my breath on these moves the past couple of days...

The short EUR/USD play would of been good going 180 on the GS prospectus, but, I think I'd stay clear for now...

If the EU dumps the Greece Fire...the shorts would get killed...AGAIN...

JPY Bonds are taking a hit also now... -30% on 2 Yr?

Where's there smoke...


ETA: I laughed my AZZ off when Levin blurted out the Spitty deal remark at the hearing!


Nikkei down 2.9% now...

[edit on 4/27/2010 by Hx3_1963]



posted on Apr, 27 2010 @ 08:24 PM
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news.bbc.co.uk...



"And when the system finally collapsed under the weight of those toxic mortgages, Goldman profited from the collapse," he added.


People, what is happening? Americans don't like winners any more?




"Our clients' trust is not only important to us, it's essential to us. That's why we are a successful firm," he said.


Yes, that's why.

Not because they are successful... Because of "trust".


And, about all this cross-examination. What has Alice learned in Kardassian Wonderland? First the verdict, then the trial...

That's why senators are so good in this kind of show.




But neither the hearing, nor Tuesday's market turmoil triggered by downgrades in Greek and Portuguese debt harmed Goldman's share price.

The bank's shares were up 0.7% at $153.04 (£100) by close of trading.


This is the final nail into GS coffin. Everybody goes down, GS goes up!

He is guilty!



posted on Apr, 27 2010 @ 08:25 PM
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reply to post by Hx3_1963
 


You are right - there will be a "relief rally".

Then we will see increased instability in other countries just picking off each letter of the acronym "PIIGS". Each letter in that acronym equals a sum of 1.26 at least EUR USD IMO.

Of course as long as you are not over leveraged a few cents in each direction really shouldn't hurt.

I do really think though GS calls (if VIX was lower.. went up big today) would have been a steal at 9:30 this morning. Prob not too much anymore. I really really really see GS booming after this. The government is so #ing incompetent it is ridiculous.

Wouldn't you agree, if they really wanted to get GS, shouldn't they bring on some real financial advisers into the questioning panel instead of this old windbag trying to get the definition of a market maker correct over a 6.5 hour time period?

I mean #, it's so damn clear to me that these Senators are such a god damn puppet charade.

Hey McCain, you know what I have a problem with? You beating your wife you #ing piece of #. Not institutions trading CDO's with a market maker that is totally #ing legal. Mother #ers.



posted on Apr, 27 2010 @ 08:26 PM
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reply to post by Hx3_1963
 


LEVIN is the biggest tool on that panel next to the "maverick"



posted on Apr, 27 2010 @ 08:31 PM
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reply to post by GreenBicMan
 
I agree the hearing needed a ~impartial economist~ wing on it...

These Senators are way out of their league there...

If you buy on the dips...keep yer stops tight till the IMF gets it's story straight...I now hear they plan on adding another $10B to the bailout fund...



The EUR was traking lock step with Gold the other day...not so much today...

Both EUR & GBP are looking choppy despite gold range trading today...

The ~Risk Play~ has been put to bed for the rest of this week IMHO...

[edit on 4/27/2010 by Hx3_1963]



posted on Apr, 27 2010 @ 08:35 PM
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reply to post by Hx3_1963
 


I wish I would have held on to my EUR USD Short from a long time ago. I do think there is more value in other pairs as I have already went long GBP JPY.

But anyway, seriously, that panel of Senators should all have to disclose how much money they have received from lobbyists from the financial sector.

Then, they should have to admit they allowed for this mess to happen in the first place.

AND FINALLY AFTER THAT, we can get somewhere. Until all these Senators and Rep's are totally flushed out this is all for "show" for the 85% of America that just listens to soundbites and now feel somehow vindicated because some fat senator bitch from Missouri # out an egg on TV.



posted on Apr, 27 2010 @ 08:47 PM
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BTW if you got cable Lloyd is going to be on CNBC right now in a min..



posted on Apr, 27 2010 @ 09:18 PM
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reply to post by GreenBicMan
 


Seen it, lost lots of respect for Faber for the softball Q&A that leaves only Santelli worth watching on CNBS now.

Really enjoyed the show today. Only way it could have been better is if the GS guys left in handcuffs.



posted on Apr, 27 2010 @ 09:28 PM
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reply to post by jefwane
 


I can't speak for GS or what they have done previously.

I do know though after today that the Senators are as dumb # and I absolutely wish they would have been the ones to leave in handcuffs.

This whole debacle had nothing to do with institutions trading instruments and everything to do with regulation allowed by Senators and Rep's because of the money slipped into their pockets from the Fin. Institutions.

These regulations (or lack of) allowed people like my aunt and uncle to take out 2 homes loans with 0 backing and then of course default a few years later.

GS didn't make all this # happen, it stems from Americans LIVING OVER THEIR GOD DAMN MEANS, then they bitch about it because no one told them it could all crash when everyone was driving a new BMW 5 Series on a 30k salary. Give me a #ing break, it's real damn easy to blame this on GS, but take a look around, I didn't see GS giving these loans out to homebuyers. Lets get real.

I don't know why more people don't see this.

DID WE REALLY NEED 6 HOURS OF LEVIN TRYING TO GET THE DEFINITION OF A MARKET MAKER? REALLY?

I guess I've said all I can say though. I know most might not agree, but IMO most aren't that intelligent going by the intelligence of that Senate panel if that really represents the general public.



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