Market recap: You can't make this stuff up. No sooner than the EU summit draft begins to leak...


Market recap: You can't make this stuff up. No sooner than the EU summit draft begins to leak and bailout mechanisms look to be strengthened, Germany rejects it. Stocks, which had popped on the rumor, sank in the final minutes (especially banks) to cap a sharp decline. Treasurys rose, with 10-year yields tumbling to 1.97%. NYSE declining issues led advancers seven to one.
Comments (6)
  • Playing the Ponzi
    , contributor
    Comments (143) | Send Message
     
    Yes do it!!!! No, no don't!!! Yes, you must!!! No, you can't!!!

     

    "If I were two-faced, would I be wearing this one?" -Abe Lincoln
    8 Dec 2011, 04:30 PM Reply Like
  • lrm21
    , contributor
    Comments (56) | Send Message
     
    Germans are printing money, Short The Rally, reject the deal, = profit!, rinse repeat
    8 Dec 2011, 04:50 PM Reply Like
  • Playing the Ponzi
    , contributor
    Comments (143) | Send Message
     
    Rinse and repeat, indeed. Title of my next article. Chart is replaying 2000 and 2008.
    8 Dec 2011, 05:18 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    If you refer to the DAX you might be correct.
    8 Dec 2011, 05:24 PM Reply Like
  • marpy
    , contributor
    Comments (1703) | Send Message
     
    What is required is a market run on German Bonds after all, failure of the EEC means failure of Germany as well. Whether first class or Third, on the S.S. Titanic the results were the same. They need to get their act together!!!!
    8 Dec 2011, 09:38 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    Exactly! The must and thus they will.
    8 Dec 2011, 09:45 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs