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Extinguished expectations


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Posted

Early openers looking seedy: Kiwis -0.2%, Aussies -1.3%, Nikkers -1.4% and Sth Korea -1.6%.

 

Not a green in sight in Aussie sectors. Worst performers are Miners -2.5%, Materials -2.3% and Gold -2.2%.

 

 

t?s=%5ENZ50

 

 

t?s=%5EAORD

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Posted

w?s=%5EAORD

 

 

All Ords scored a solid drop for the day, -1.7%. REITS -2.7% took over as biggest loser followed by Miners -2.5% and Materials -2.4%.

 

Red in Asia: China -0.7%, Honkers -2.6%, India -1.4% and Nikkers -1.6%.

 

 

On to UK/Europe:

 

 

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Posted

And there goes 1230 on the ES. Looks like the 261B Euro deal that excluded the UK and Hungary just didn't do the trick ...

Posted

Busting tail on a real-world deadline. Watching insane headlines like this cross the wires on MarketSwatch:

 

2:48a China property beckons risk-wary investors

 

:huh:

 

Seriously?

 

You're "risk-wary," so you decide to take a flyer on bubblicious China property?

 

:unsure:

Posted

I think Europe opens in 2 minutes.

 

Is there any more "hope" left in the rumor mill?

 

Or is it finally time to kick some countries off the Euro-island?

Posted

A break of 1708 on Feb gold could start a wave of liquidation. If gold is being liquidated, then it really is TEOTWAKI.

 

Daily updates of short term and intermediate cycle price projections for gold and HUI, and stocks to watch. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $49 quarterly. Try it risk free for 30 days!

 

 

 

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