muses of the moment

July 23, 2012

Looks like Spain is under pressure…..again

Filed under: European Debt Implosion — totallygroovygirlfriday @ 11:05 am

Click here.

Seems those bailouts last about 10-15 days now. They band short selling in Italy and Spain, thus Spanish stock market is down 12%. Remember when you ban short selling, the only option for investors is to sell. Spanish bonds are at 7.5% and US bonds are at an all time record low across the yield curve. Euro is down.


1 Comment »

  1. GG,

    Last Friday was a William O’Neill breakdown day on the NASDAQ, with distribution (falling or stalling on rising volume) on 7/5, 7/6, 7/9, 7/10, 7/12, 7/16, and the breakdown day (falling 1%+ on rising volume) on 7/20. I meant to post this Friday, but it was my day off and I didn’t notice it until right before the close. I am “short” by deploying long into TLT (20 year bonds) and PSQ (short the NASDAQ 100).


    Comment by Lemming — July 23, 2012 @ 11:44 am

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Create a free website or blog at

%d bloggers like this: