Stocks and Trading Thread - Channeling your inner Mono

[Richard Hakluyt]

Things are looking bad for the Mauritian rupee :

http://www.bloomberg.com/news/2011-08-11/mauritius-rupee-heads-for-three-week-low-to-dollar-on-france-debt-concern.html

[Tamas]

So apparently, asian banks are reducing their loan limits for French banks, which are also extremely exposed to shitty European countries, and are now being punished.

Can this possibly be yet another fresh case of some serious shit-skeleton falling out of the closet? The french banking system? Really?
If yes, hello  $3 Ford stocks!

[Martinus]

So apparently, asian banks are reducing their loan limits for French banks, which are also extremely exposed to shitty European countries, and are now being punished.

Can this possibly be yet another fresh case of some serious shit-skeleton falling out of the closet? The french banking system? Really?
If yes, hello  $3 Ford stocks!

Can't see this happening. The French government would intervene anyway. Societe Generale is not Lehman's. It's like Bank of America.

[Tamas]

So apparently, asian banks are reducing their loan limits for French banks, which are also extremely exposed to shitty European countries, and are now being punished.

Can this possibly be yet another fresh case of some serious shit-skeleton falling out of the closet? The french banking system? Really?
If yes, hello  $3 Ford stocks!

Can't see this happening. The French government would intervene anyway. Societe Generale is not Lehman's. It's like Bank of America.

Yes, after Greece, Portugal, Spain and Italy, there must be still a lot of free money laying around to bail out them bankers.

[Martinus]

So apparently, asian banks are reducing their loan limits for French banks, which are also extremely exposed to shitty European countries, and are now being punished.

Can this possibly be yet another fresh case of some serious shit-skeleton falling out of the closet? The french banking system? Really?
If yes, hello  $3 Ford stocks!

Can't see this happening. The French government would intervene anyway. Societe Generale is not Lehman's. It's like Bank of America.

Yes, after Greece, Portugal, Spain and Italy, there must be still a lot of free money laying around to bail out them bankers.

I thought only ECB has been bailing out Spain and Italy. The eurozone governments weren't involved.

At least Poland is not part of the Eurozone - if worst comes to worst, we can always devalue zloty to keep from defaulting.

[Martinus]

Seems the American stock exchanges caused the European rally again. Warsaw indices are in green for the first time since the beginning of the week it seems, after being -2% for most of the day. 

[alfred russel]

Can't see this happening. The French government would intervene anyway. Societe Generale is not Lehman's. It's like Bank of America.

If there are more bank bailouts in the US it will be a major shitstorm.

[MadImmortalMan]

I'd like to buy puts on Tiger Woods.

[11B4V]

Has Vegas started placing odds on the DJIA?

[DGuller]

Has Vegas started placing odds on the DJIA?

That would be a highly stupid undertaking.  There are much more efficient ways to bet on the market moves, so bookies trying to compete would either have to charge too much juice to be competitive, or they would be arbitraged into oblivion.

[MadImmortalMan]

I wonder if the jumper had a better day today. I know I did.

[Richard Hakluyt]

I wonder if the jumper had a better day today. I know I did.

The LSE was up and down more often than a tart's knickers today 

I think I've bought some quality shares at knockdown prices this week; but in this market, as 11B4V suggests,  it does resemble Vegas rather than rational investing 

[Ed Anger]

I also dipped back in to the market too with my day trade account. And set up the sell orders so I can grab quickie profits if it goes sown tomorrow.

[Tamas]

It's funny when mainstream news sites pick up minute-by-minute coverage of the stock market during times like these.
Like today:

"markets are down, the swiss frank is stronger, we are doomed!"
"markets are up, frank is weaker, optimism is abundant"
"optimism has faded, frank is getting stronger"
"we are in a free fall!"
"markets climbing back to the green again, the frank is weakening rapidly"

[MadImmortalMan]

Short ban on banks in Europe in effect. Screw that, I still bought puts on Banco Santander. 

I eagerly await profits in fifteen days.