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

reply to post by DangerDeath


Umm regarding oil spill you got me.. I havent had 1 free minute in 2 weeks to even wipe my ass

Regarding the other, most agreed that we would restest these lows again from that day. It was no mistake as I went and did my own research and posted it on this thread with 75,000 contract volume candles. It is back there about 10 pages or so etc.

Other than that by reading this thread the professionals accomplished exactly what they wanted to happen.

Retail players selling out of everything. God, I mean I don't even know why I type this but extreme bull markets historically get very volatile on their last leg up.

Again, I reference back to the 70's, just because we are fitting that model to a T

Anyway, there is always a chance I am wrong, but I am rarely wrong when it comes to long term US Major Index's.. so but yeah.. anyway I have my own problems so I gotta run, later

reply to post by Vitchilo


Ha,

Im making sure they send one of those railcars your way foo'

news.bbc.co.uk...
Spain approves $19bn-euro austerity plan

www.reuters.com...
Thousands of Romanians protest austerity measures * Police say up to 20,000 protest cuts * Cuts crucial for IMF deal * Union leaders call for general strike

______beforeitsnews/story/47/054/Pan-European_Bank_Run_Is_Now_On:_Capital_Flight_From_UK_To_Switzerland,_As_GBPCHF_Intervention_Strikes_Next.html
Pan-European Bank Run Is Now On: Capital Flight From UK To Switzerland, As GBPCHF Intervention Strikes Next

[edit on 20-5-2010 by TheCoffinman]

Ooops wrong thread.

BTW Nikkei down 2.7% after 13 minutes.

e.nikkei.com...

[edit on 20-5-2010 by Vitchilo]

reply to post by Greenback


Thanks for coming to my call so fast, so sorry I could no stay, I had a hectic day, first a lunch then my brother that I have no seen in 3 years gave me a surprise visit, in his way to Tennessee.

Crazy today int he markets even during the retirement lunch people were talking about the mess, retirement accounts are in trouble.

I wonder if this just the beginning of the end.

One of the talk people in CNBC got so agitate that the ones around him told him to calm down.

More on the oil spill,

BP concedes Gulf oil spill is bigger than estimate

On the Financial reform the president is making it look like his is helping main street America.

Obama said the financial industry had tried to stop the new regulations "with hordes of lobbyists and millions of dollars in ads."

Noting the near-meltdown of big Wall Street investment banks and the resulting costly bailouts, he said, "Our goal is not to punish the banks but to protect the larger economy and the American people from the kind of upheavals that we've seen in the past few years."

The bill would still have to be reconciled with a version the House passed in December. House Financial Services Committee Chairman Barney Frank, D-Mass., said he expected relatively few disagreements between House and Senate negotiators, and he predicted Obama will have a bill to sign before July 4.

www.mediacomtoday.com...


[edit on 20-5-2010 by marg6043]

The Financial REFORM As A Game Of Three Card Monte

You Always Think You Are Going To Win Until You lose.

We live in a three card monte world. Follow the money as it moves from one shell to another. Now guess where it is. Most of us don't know the hand can be quicker than the eye. That's why mostly everyone who has ever been suckered into playing ends up losing except those who are allowed to win to keep the hustle going. We miss the tricks of the trade even as we swear we know where the winning card or money or ball is.

The financial reform is a hoax!!!!!!!!!!

Germany is outlawing naked short selling. China is warning of a global crisis that is "more serious that we thought." A Federal Reserve official says our economy will suffer for years.

"A top Federal Reserve official, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto, warned Tuesday that one consequence of the Great Recession will be a "new normal" in which Americans have lower expectations..."

May 19 (Bloomberg) -- The U.S. may fall victim to bond "vigilantes" targeting indebted nations from the U.K. to Japan in a potential second stage of the financial crisis, New York University professor Nouriel Roubini said"."

"History would suggest that maybe this crisis is not really over. We just finished the first stage and there's a risk of ending up in the second stage of this financial crisis."

www.economyincrisis.org...

reply to post by GreenBicMan


Some cannot (or will not) pay for the "exclusive" brokers.. I get mad every time I spend the $10 for a trade, especially since I've reduced how much I invest, it's a higher and higher percentage. I recall Well Fargo 2 years ago trying to get me to use their brokerage company .. they wanted $21/trade lol..

reply to post by Rockpuck


I didn't say people could.

That is the problem.

I wouldn't expect anyone to have 7 figures to play with to get into the club of JPM.

Or have the programming capabilities to design for FIX CTCI in IB.

It definitely is not a retail market.

reply to post by marg6043


So my name is apparently Greenback now..

I'll take that I suppose

our buddy timmy G. is hoing on an around the world trip!



www.bloomberg.com...


I hope I did this link correctly...

reply to post by GreenBicMan


Oh, my, I am so sorry I knew I hit the ABC change button but I could no to tell to what word, now I see what I change.

reply to post by TheCoffinman


I am yet undecided if the European model or the American model is working better..

Both economies originally pumped hundreds of billions to liquidate the economy, printing to the tune of Trillions thereafter.. and yet, the two economies are polar opposites.

America's idea after "stimulus" was to spend, spend, spend.. instead of austerity, they increased government spending by a huge margin, while tax receipts dropped significantly..

Europe is trying to cut spending and raise taxes at the same time..

While America appears to have avoided the current crisis in Europe, most likely we have only "kicked the can" so to speak..eventually unless tax receipts turn around, we will not be able to hold this kind of spending. but like Europe, the states will collapse before the Central Banks do.. by next fiscal year I see the Feds having to seriously start bailing out some failing states.

Good news...

Here

Tesla Motors Inc. is partnering with Toyota Motors Inc. to make electric cars at a recently shuttered auto plant in Fremont, Calif., in a deal that also involves Toyota putting $50 million into Tesla, said people familiar with the matter.

Earlier Thursday, California Gov. Arnold Schwarzenegger said he would be at an event in the San Francisco Bay Area, where Tesla has headquarters, to discuss Tesla partnering with Toyota to make electric cars. Tesla, which is privately held but which has filed paperwork to go public, has organized a press event Thursday at its Palo Alto headquarters.

GOOOOOOOOOOOOOOOOD.

Nikkei down 2.9%

[edit on 20-5-2010 by Vitchilo]

reply to post by Rockpuck


The problem is that in America the crisis was not "avoided" it was hidden behind the trillions of dollars that has been printed to keep the Markets going.

Band-aids . . .

Yes the way that is going to go is with the states first, is only logical. . .

reply to post by Rockpuck


China has the same problem, only they have banned those topics on the Internet. S-o-o-o-o... the problem is gone

Centralized governments incline towards Unitarianism, but Europe doesn't have that yet. Maybe the time is ripe for them to break that one too.

Socialism is more favored by strong governments, and also by banks, I think. Because, in strong government countries, truth can be censored, and the opposition denounced as terrorists (Russia is just the fresh example, along with Thailand or Iran).

But, it remains to be seen how things will develop in Europe. Greece, Ireland, Romania, Slovenia, ... No crack downs so far, but...

reply to post by Vitchilo


No so good, here,

High Tech Research from U.S. Going to China with Devastating Effects on Our Ability to Compete and Our Future

American companies have been trying, and failing, to compete against state-subsidized companies all around the world. No company or industry can stand against the national champions of Europe and Asia. They often face only two possible choices; American companies can either be put out of business, or they can relocate to compete

www.economyincrisis.org...

reply to post by Vitchilo


You wouldn't happen to know the date Tesla plans to make their first public offering of shares do you?

IMO, that sounds like another Google.

Originally posted by Vitchilo
Good news...

Here

Tesla Motors Inc. is partnering with Toyota Motors Inc. to make electric cars at a recently shuttered auto plant in Fremont, Calif., in a deal that also involves Toyota putting $50 million into Tesla, said people familiar with the matter.

Earlier Thursday, California Gov. Arnold Schwarzenegger said he would be at an event in the San Francisco Bay Area, where Tesla has headquarters, to discuss Tesla partnering with Toyota to make electric cars. Tesla, which is privately held but which has filed paperwork to go public, has organized a press event Thursday at its Palo Alto headquarters.

GOOOOOOOOOOOOOOOOD.

Nikkei down 2.9%

[edit on 20-5-2010 by Vitchilo]

Another Google, indeed.


With Toyota's know-how and a modern assembly plant (and its associated municipal infrastructure), Tesla stands much better to bring its Model S sedan to market at a much more competetive price, and in much more significant quantities, than had previously been expected.

The Tesla Roadster is fun, and proves the the technology, but, by its very nature, suffers from a limited market share.


I can easily see the S as a "Geek-Chic" contender to the likes of VW's Passat, M-B's E-Class, the Audi A6, or even BMW's 5-Series.


Tesla IPO...I want some of That!

FYI: Europe round-up...
www.indexq.org...

Russia 1303.24 -76.64 -5.55% 05/20
London 5073.13 -84.95 -1.65% 05/20
Paris 3432.52 -79.15 -2.25% 05/20
Frankfurt 5867.88 -120.79 -2.02% 05/20
Turkey 54449.88 -2528.37 -4.44% 05/20
Hungary 21964.53 -630.78 -2.79% 05/20
Austria 2384.68 -61.81 -2.53% 05/20
Poland 39302.90 -1138.83 -2.82% 05/20
Czech 1142.40 -47.90 -4.02% 05/20
Sweden 947.93 -21.13 -2.18% 05/20
Finland 6310.12 -130.10 -2.02% 05/20
Norway 308.66 -9.68 -3.04% 05/20
Greece 1582.22 -54.26 -3.32% 05/20
Italy 19867.62 -333.03 -1.65% 05/20
Luxembourg 1327.41 -53.96 -3.91% 05/20
Netherlands 314.86 -6.59 -2.05% 05/20
Iceland 539.49 6.37 1.20% 05/20
Denmark 378.99 -12.87 -3.28% 05/20
Switzerland 6262.42 -112.01 -1.76% 05/20
Spain 960.07 -11.15 -1.15% 05/20
Portugal 2408.81 -58.24 -2.36% 05/20
Ireland 2882.12 -96.82 -3.25% 05/20
Israel 1101.45 -29.81 -2.64% 05/20
Egypt 585.58 -6.74 -1.14% 05/20
S. Africa 23392.07 -783.87 -3.24% 05/20
Jordan 2482.46 -11.38 -0.46% 05/20
UAE Dubai 1691.71 5.95 0.35% 05/20
Abu Dhabi 2780.63 5.37 0.19% 05/20

Dr Doom calls for another 20% drop...

[edit on 5/20/2010 by Hx3_1963]