Why is the EU plan causing such a huge reaction?

I think it was a smooth move. Basically buys time. Very same thing the US did. Except only prolongs the ripping of the bandaid ie the structural problem that we spend more than we make which can only go on so long...

 

The governments are doing the only thing they know how to do,
print print print. This will only guarantee an even bigger crash down the road. What a fade this is.

 

Great, fade it. Please post your position.

 

Wouldn't it be funny if the market crashes again right here - 10:45am

 

I'm betting that's in the cards. The "good news" practically wiped out any trace of the bad news. But the bailout is expensive, and curtails production in the future. Someone will eventually figure that out.

 

And they can't have that now can they.

 

Just went short on tsx -100. Lets see how it closes today.
currently 11,929.

 

I really don't think any of the people on this forum have any idea as to whats going on in this market or these bailout situations from the government. No wonder why 99% of you guys fail and dont make money. You think you know things when you dont.





p.s. does anyone know of a forum where traders DO know what they're talking about instead of all this market conspiracy bs all the time?

(RGC girl pictorium and daily hottie still the best threads on here)

 

This gap we're seeing on the S&P500, it won't get filled right away. 1-2 weeks later possibly.

 

there's never been any alternative to the bailout since there's so much debt between
the EU countries, France and Germany alone are owed $1.5+T and i'd ball park the
total debt in the EU at between $2 and $3 trillion

so far as the euro's concerned, like the indicies it's doing a correction but will fall again
once that correction's complete