Look Out Below: Bourses Off 3%

Email this post Print this post
By Barry Ritholtz - June 29th, 2010, 5:38AM

US Futures off, with the Dow indicating a 100 plus loss at the open

>

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

8 Responses to “Look Out Below: Bourses Off 3%”

  1. rktbrkr Says:

    The austere little PIIG.

    http://www.nytimes.com/2010/06/29/business/global/29austerity.html?th&emc=th

  2. JasRas Says:

    Ooops, China miscalculated…you mean it’s not the greatest growth story?

  3. TakBak04 Says:

    “Shadow Government Statistics”…Somebody sent me this site. It looks interesting compared to Govt. Stats…but I don’t know the validity of how they compute. Still it’s interesting the comparison of what they say is “shadow” to the “official.”

    http://www.shadowstats.com/alternate_data

  4. b_thunder Says:

    is FinReg bill dead?

  5. beaufou Says:

    @rktbrkr

    I hope some people in emerging markets have read about Ireland, because the squid is about to pay them a little visit.

    “The next financial boom seems likely to be centered on lending to emerging markets. Sam Finkelstein, head of emerging markets debt at Goldman Sachs Asset Management”

    http://baselinescenario.com/2010/06/29/what-is-goldman-sachs-thinking/

  6. Expat Says:

    This large move down is extremely bullish. If we can get another fifteen or so drop of similar magnitude, it will signal a massive buy. Unless of course we break the March 2nd bottom, in which case another ten moves down are called for before the Buy signal is confirmed.

    Maybe we should just wait for zero on the Dow before going back in.

  7. super_trooper Says:

    BR, you’re still mainly in cash?

  8. Niskyboy Says:

    Dude, you were up pretty early. Every day?

62 queries. 0.407 seconds.