Why Is the Market Climbing? [NotSoBreakingPrice]

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Argos Posts: 6309 Incept: 2008-03-23 The Green Mountain State Online	EOM. 2012-06-28 15:41:28 Permalink
Kylafoon Posts: 2456 Incept: 2009-02-05 Zombie Portal Lookout	http://www.zerohedge.com/news/stocks-don.... ---------- "...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910 "I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008 2012-06-28 15:50:59 Permalink
Argos Posts: 6309 Incept: 2008-03-23 The Green Mountain State Online	Thanks, Kylafoon. 2012-06-28 15:52:32 Permalink
Bshj Posts: 347 Incept: 2007-08-07 Near Huntsville Texas - Execution Capital	THAT question is as good as....."Why are we NOT at around 600 in the S&P instead of where we are?" EVERYTHING that 'should be' really stinks 2012-06-28 15:53:25 Permalink
Argos Posts: 6309 Incept: 2008-03-23 The Green Mountain State Online	Going into the close, keeping eyes peeled for bearish bid-ask ratios on the big financials. 2012-06-28 15:56:11 Permalink
Argos Posts: 6309 Incept: 2008-03-23 The Green Mountain State Online	Nope. Nothing close to a pump-and-dump from what I saw. Now I wonder if someone got a heads-up on the Fed opening the swap line floodgates. We'll see in 27 minutes. 2012-06-28 16:03:36 Permalink
Avianphlu Posts: 3918 Incept: 2008-12-03 Ulster NY Online	dollar off...stupid question...is the dollar the tail or the dog? when stocks sell off is it because the dollar strengthened or vice versa? whos wagging the dog now a days. 2012-06-28 16:04:57 Permalink
Plymster Posts: 912 Incept: 2007-09-19	http://www.bloomberg.com/news/2012-06-28.... Bloomberg wrote.. Italy and Spain may get short-term relief to ease financing pressure, Xinhua reported, citing a European Union source at the summit in Brussels. German Chancellor Angela Merkel canceled a press briefing at the summit and her spokesman said talks on a growth accord were ongoing. So I guess hearsay via the Chinese News Agency (which is apparently more plugged in than all the western news groups, and completely trustworthy) is enough to push the markets 1.5% in 1 hour. Or maybe the Chinese need to unload some positions? 2012-06-28 16:05:59 Permalink
Eighty6thebs Posts: 4180 Incept: 2007-06-26 It's contained to sub-prime!	"even though they have made considerable efforts to restore their public finances"...LMAO. Huh? What? I turned off HBO...what more do you expect me to do? ---------- "Sounds to me like you guys a couple of bookies" - Billy Ray Valentine "No I am not scared, and neither should you be!" - Iraqi Information Minister 2012-06-28 16:38:22 Permalink
Randy123 Posts: 5771 Incept: 2008-09-24 Earth Online	Crazy pills all around. I am going back to my bunker. **** this market. ---------- China is the Enemy. Wake Up. New Normal. Same As The Old Awful. 2012-06-28 16:44:04 Permalink
Argos Posts: 6309 Incept: 2008-03-23 The Green Mountain State Online	Well, the Fed did do an operation with the ECB with Terms of 84-Days (its first in a month): http://www.ny.frb.org/markets/fxswap/fxs.... At some $9.9B, it's not the biggest sum. I wouldn't necessarily attribute the rally to this operation, but it's nice to see that the US can come to the aid of the liars at Bankia, Banca Monte dei Paschi di Siena, and the like. :) 2012-06-28 16:44:59 Permalink
Cjworkman Posts: 7948 Incept: 2007-08-22 Banned	Zerohedge said someone fat fingered a 50k block of S&P mini's worth 3.3 billion. ---------- 2012-06-28 16:45:19 Permalink
Mondocondo Posts: 3684 Incept: 2007-12-03 Miami	Quote: Stocks� swift bounceback Thursday was related to a smattering of headlines about the ongoing Europe summit, where leaders were set to conclude a dinner meeting shortly after the close. �With the market looking out of control on the downside, there were rumors of some sort of a breakthrough in Europe. Nothing you could put your finger on,� said Peter Tuz, portfolio manager at Chase Investment Counsel of Charlottesville, Va. http://blogs.marketwatch.com/thetell/201.... 2012-06-28 16:49:50 Permalink
Nanna Posts: 5659 Incept: 2008-01-20 NY State	IMO, after SPX held around 1313 test, rally ensued, aided by end of quarter window-dressing. K.I.S.S. ETA: See my sig ---------- "There are fluctuations in the market that don't mean anything."Ira Gluskin, February 14, 2012 Last modified: 2012-06-28 17:08:22 by nanna 2012-06-28 17:07:56 Permalink
Eugene Posts: 46 Incept: 2009-11-09	...one of Brian Sack's last fat fingers around op-ex... 2012-06-28 17:44:48 Permalink
Fraudster Posts: 4173 Incept: 2011-05-10	That people are even pondering this on TF is shocking to me. ---------- *"Let China sleep, for when she wakes, she will shake the world."* - Napoleon Bonaparte *"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]."* - Foundation & Empire by Isaac Asimov 2012-06-28 22:49:46 Permalink
Antone Posts: 7660 Incept: 2008-02-03 Seditionia, USSA	This is a big time melt-up. Wow. Must be something out of Europe that the market absolutely loves. ---------- As if anything has changed: Wir sind gefickt. 2012-06-28 22:59:31 Permalink
Jeffrey_thomason Posts: 7082 Incept: 2009-03-11	Seems that the past was prologue... ---------- When they turn the pages of history, when these days have passed long ago. Will they read of us with sadness for the seeds that we let grow? 2012-06-28 23:01:13 Permalink
Bubblesee Posts: 4120 Incept: 2007-06-27 nyc	News just out about a massive EU stick save. ---------- Ticker Forum Special: "Bennie and the Feds" Melody:Elton John Lyrics:Bubblesee http://www.youtube.com/watch?v=etfVMtCq9Oc (Larry Kudblow eat your heart out) 2012-06-29 00:26:41 From PDA Permalink
Lowbeyond Posts: 16867 Incept: 2008-02-11 CO aka West NJ/East CA Online	Hmm up 14 on es. Ha! ---------- Maybe it was a birdy bread-bomber from the future?! 2012-06-29 01:16:07 From PDA Permalink
Patmcgroin Posts: 8215 Incept: 2007-09-12 Chicago	Nobody fat-fingered anything. The (exchange-set) maximum order size is 2000. While boxes can go crazy or mutate or get indigestion causing repped/duped orders- the idea that somebody poked in a couple of extra zeroes is bull. Especially in SP where a 5000-lot must be broken up... ---------- "I know a few arcane, obscure financial acronyms that the general public doesn't know and that's about it." 2012-06-29 06:42:22 Permalink
Widgeon Posts: 13481 Incept: 2007-08-30 Region formerly known as the United States	I've been away for a week. Owebamicare decision guarantees more printing, in quantity. They are "choosing" the hyperinflationary path; JMO. http://www.amazon.com/Resistance-Revolut.... Last modified: 2012-06-29 13:38:53 by widgeon 2012-06-29 13:37:06 Permalink


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