Topic: Market Update

[Libertas]

Looks like Euro-skitters and ChiCom power play & econ worries are driving down things more than anything.

I can see oil dipping a bit, but gold?  More PTB exploitation?

http://news.investors.com/article/608741/201204230916/stock-futures-sell-off-hard-ahead-of-the-open.htm?src=HPMStory

What the heck is this Wal Mart bribery stuff about?

http://finance.yahoo.com/news/u-stock-futures-signal-lower-wall-street-open-084658101--finance.html?l=1

Martin Wolf - more headwinds ahead.

http://finance.yahoo.com/blogs/daily-ticker/u-economy-could-stay-pretty-miserable-another-5-141250584.html?l=1

Really?  Way to stick your neck out dude.

[Libertas]

WMT down over 4%.  This bribery thing is in Mexico.  Mexico, really, BFD!  A lot of foreign nations have bribes as a common business routine, but they didn't kill kids in sweatshops like the ChiCom's so the NYT et all has to beat the crap out of them.

 

http://community.nasdaq.com/news/2012-04/walmart-shares-fall-under-cloud-of-corruption-in-mexico.aspx?storyid=135619

Euro-contagion is really driving down the market more than anything.

Big question - if the Old World is in trouble, what does that makes us lined up for?  

SSDD

[charlesoakwood]

Maybe a little disassociated today but this stuff belongs under the
heading "can't make this up". That little Asian flash crash, nothing
to see there.  I'm going with - machines are making the trades and
they are writing crap as fast as they can - it's their reality.

[Libertas]

Digital reality, you have to love it or run like hell.