European stocks close sharply lower as a corruption scandal threatens to engulf the Spanish PM...

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Interesting Times Comments (4044)
 
Like an excuse was really needed for a collapse??

Give me a break...

This is way overdue, and it will hit our shores as well...
4 Feb, 12:48 PM Reply Like

taharqa11 Comments (27)
 
I was 75% in EU (Spain & France) stocks for two months. Sold all but 10% last week, thank FSM. Stock prices were getting way ahead of themselves, scandal or not....Spain was up like 20% from the bottom??? Way too much too fast.
4 Feb, 01:07 PM Reply Like

Teutonic Knight Comments (1933)
 
What? Wiped out? In a couple of sessions?

That was fast!
4 Feb, 01:43 PM Reply Like

pollyserial Comments (902)
 
Prices go down too?
4 Feb, 02:43 PM Reply Like

Loosing Rookie Comments (8)
 
Still sitting 75% cash since December, didn't believe the rally and now I'm glad. Looking for the next entry point. Cash is King....(I think)...
4 Feb, 02:36 PM Reply Like

minecanary Comments (230)
 
Wait for 11000 then. The last 3 years have been a Fed farce.
4 Feb, 03:31 PM Reply Like

Abraxas Comments (235)
 
11.000? You will be waiting for ever.

Look, you can't wait for the perfect entry. If you do, you will miss the market.
4 Feb, 05:49 PM Reply Like

Petrarch Comments (391)
 
not going to happen

Europe is merely paused

P
4 Feb, 06:11 PM Reply Like

Tack Comments (9396)
 
A single downer brings the gloom-and-doom set running outside and shouting. As usual, they'll miss the buying opp, no matter how low markets may go, because they'll be too busy shouting about how much lower they are going to go.

Here's a clue:

No fundamentals changed and no meaningful economic news occurred in Europe or the U.S. today, despite all the hysteria about some meaningless corruption claim in Spain. That's news?
4 Feb, 07:10 PM Reply Like

realornot Comments (1275)
 
They need 10 more selling sessions then all of 2012 gains would be wiped off the EU map!
4 Feb, 07:14 PM Reply Like

Zeus2012 Comments (500)
 
Market been overbought in the short term. This is a healthy pullback. You'll see more volatility throughout the year but the general trend is going to be upwards (short of Mario Draghi getting caught with an underage boy).
4 Feb, 09:59 PM Reply Like

Chubby Lipshitz Comments (175)
 
Don't try any of this 'the market's worried about Europe' nonsense. The talking heads need something to say, if they did not invent a crisis they'd be out of a job. Nothing has changed from last week.
4 Feb, 10:08 PM Reply Like