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IDS World Markets Mon 21st December 09


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That's been the pattern. When they aren't selling notes and bonds, they let the stock market rally and the bonds sell off. Big announcement Thursday. Next week they have yooge supply. Gotta find a way to panic stocks to bring the yields back down for next week's Monday, Tuesday, Wednesday auctions. See the Wall Street Examiner Professional Edition Fed Report.

 

 

This Thursday is Eve so something is wrong. I rather think its Wednesday. PLEASE CONFIRM.

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ECB Member Says No Bailouts

Greece Must Fix Public Finances on its Own, Says Ewald Nowotny of the Bank's

Governing Council

 

VIENNA -- The European Central Bank won't bail out debt-stricken member states

such as Greece, which must repair its public finances on its own, ECB governing

council member Ewald Nowotny said.

 

"One has to be very clear: The ECB has no mandate or intention to take into

account the situation of a specific country, especially not with regard to

public finances," he said in an interview late Friday.

 

But Mr. Nowotny, who is head of the Austrian central bank, defended Austria's

recent major bank bailout. The emergency nationalization of Hypo Group Alpe

Adria contributed to jitters in European markets last week. Mr. Nowotny said

that bailout didn't mean Austria's banks as a whole were in a similar condition.

http://online.wsj.com/article/SB1261355156..._sections_world

http://forum.gazeta.pl/forum/w,17007,86494...nie_pomoze.html

 

 

 

Euro 'Diktats’ risk terrorist response across Southern Europe

It is becoming dangerous to associate with economic and ideological power in Southern Europe, or what Europol calls the "Mediterranean triangle" of anarchist violence.

Greece's Revolutionary Struggle detonated a car bomb at the Athens Stock Exchange in September. Citigroup's branches have been targeted twice this year.

Hooded extremists attacked the rector of Athens University in his office this month, sending him to hospital with head injuries.

http://www.telegraph.co.uk/finance/comment...ern-Europe.html

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ECB Member Says No Bailouts

 

http://online.wsj.com/article/SB1261355156..._sections_world

http://forum.gazeta.pl/forum/w,17007,86494...nie_pomoze.html

 

 

 

Euro 'Diktats’ risk terrorist response across Southern Europe

It is becoming dangerous to associate with economic and ideological power in Southern Europe, or what Europol calls the "Mediterranean triangle" of anarchist violence.

Greece's Revolutionary Struggle detonated a car bomb at the Athens Stock Exchange in September. Citigroup's branches have been targeted twice this year.

Hooded extremists attacked the rector of Athens University in his office this month, sending him to hospital with head injuries.

http://www.telegraph.co.uk/finance/comment...ern-Europe.html

 

Greeks can't flush the currency unlike the Brits (who wrote the arghtickle) :rolleyes:

 

5y?gbpeur=x

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Bucky is at rather huge resistance. The unusual gap left at 78 is closed. He's at the tunnel and just above is the early june low rez. Should he get through all that, 75 cents above is the 500 pasta with the 200 another bucky higher and falling. Some backing and filling is logically indicated but if he should blow through all that, it will be a xmas miracle and shorts will get crushed.

post-2253-1261415864_thumb.png

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Well, are we now past the low of the morning and into the relentless move higher into the close of cash trading?

 

Resistance is futile. Assimilate!

 

Yep, with a few very small pullbacks thrown in there. Looking to get dong again on the next dip. I hate myself for doing it, but that's just the way it is. Imagine feeling guilty because you made money on the long side on a boner blast day.

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YHOO think nat gas is going to be energy savior.

 

I guess that's why they headlined the article referring to it as the "Calvary." Or maybe they really meant "Cavalry." :)

 

"Calvary" and "Savior" go better together in a headline though. :lol: :lol: :lol:

 

http://news.yahoo.com/s/ap/us_us_energy_shift

That folks today cannot spell is the reason the country is going to hell. Shameful.

post-2253-1261416046.jpg

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If they increase the cap gains tax, they will say it is going after Wall Street. Then there will be all kinds of exclusions and ways for the brokerages to evade the tax, and it will fall on the little guys. You know, the ones who are paying for the bailout, and think that a traders tax will be punishing Wall Street and not themselves (in their mutual funds etc)

 

An increase in the cap gains tax has never been on the table. It's just not discussed. In fact, the push has always been to eliminate it. There's a bit of a problem with the expiration of the estate tax at the moment, however.

 

http://thehill.com/homenews/house/73159-es...ltiple-lawsuits

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