NY is a Chop Shop today. No direction.

Cesarnc's market talk, gossips, rumours & fun

Finally France is No.1 in something besides quickest to wave the white flag: Mr Kerviel, who worked in the bank’s Delta One products team in Paris, was responsible for what looks set to go on record as the largest financial fraud of all time, ...

Cesarnc's market talk, gossips, rumours & fun

DJ Italian Econ Undersecretary Urges ECB To Follow Fed MILAN, Jan 24, 2008 (Dow Jones Commodities News via Comtex) -- The European Central Bank's concern with price stability lowers the competitiveness of European companies against their U.S. ...

Wall Street close watch

[Briefing.Com] Helping sentiment this session is continued optimism that there will be a bond insurer bailout plan. Weekly jobless claims came in at 301,000, lower than the expected reading of 320,000. This is lower than the typical recessionary ...

Cesarnc's market talk, gossips, rumours & fun

Hey Bull, Long time. You making any $5 billion trades lately? Sun

Cesarnc's market talk, gossips, rumours & fun

Looks like a bottom to me in the equities. What did everyone expect. 300 points drops day after day without some kind of rebound.

Cesarnc's market talk, gossips, rumours & fun

Dow / S&P got a rocketship up their arse.

Cesarnc's market talk, gossips, rumours & fun

Hey, well Frozen Pork Bellies were up today.

Cesarnc's market talk, gossips, rumours & fun

Dow is positive, but for how long?

Cesarnc's market talk, gossips, rumours & fun

Any day now.

Wall Street close watch

But does anyone besides the French buy these imitations of a functionable form of transportation?

Wall Street close watch

Dow still down, what else is new, right. But $BKX (banks) +5.2% and $XBD.X (brokers) +1.52%. They like the 3/4% cut.

Cesarnc's market talk, gossips, rumours & fun

Well Dow is not cooperating. More downside to come.

Cesarnc's market talk, gossips, rumours & fun

"said former U.S. Treasury Secretary Lawrence Summers" Now there someone who is real impartial Me thinks he is just a little pissed at not getting the Fed Chairmanship himself !!

Cesarnc's market talk, gossips, rumours & fun

I think that will put a bottom in the US$

Cesarnc's market talk, gossips, rumours & fun

Yeah we'll see what Trichet does in the coming weeks as the US probably chops another 1/2 at the end of the month and again another 1/4 / 1/2 next meeting and the Eurozone goes in the dumper because of the US$ further pricing advantage. i.e. ...

Wall Street close watch

S&P 500 futures re-opened for overnight session down -10.00 or about 100 Dow poiints.

Cesarnc's market talk, gossips, rumours & fun

Apple dropped $15+ / share after hours.

Cesarnc's market talk, gossips, rumours & fun

If the market doesn't go down (or in this case, further down) it must go up. Shorts plainly were scared with 3/4 pct cut. What the markets do from here is what matters.

Cesarnc's market talk, gossips, rumours & fun

Apple earnings news after the bell will be important although techs stocks today did lousy.

Wall Street close watch