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overtheedge
Member since May 2012
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Street Just Yawns at Europe’s Latest Crisis - Rick Ackerman -

2 points

What if the large investors all expected the markets to dive? Everyone waiting on the everyone to dump so everyone could load up on the dip? We are here for the party, but nobody brought the beer.

In the US, I'm thinking Jay Leno's Jaywalking. "Where is Cyprus?" Uh, in your colon?

Commented 4223 days ago

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Beginning of the headline :Goldman Sachs called the Cyprus bank bailout a big deal, according to someone who posted in the Rick’s Picks chat room yesterday morning. Whether true or not, as far as Wall Street is concerned the bailout and the punitive measures it will bring against depositors barely even merited a yawn. The Dow Industrials fell a meaningless 62 points yesterday in response to the news. The close was up sharply from overnight lows that equated to a 180-point drop in the blue chip average. We were bra... Read More

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