The Reversal Is Underway

By Mr. Cain Thaler – Thu Aug 23, 2012 10:54am – 3 Comments

The beauty of owning my piece of shit book is that, when things are about to turn around, I tend to be given a 1 hour advanced notice.

AEC, CLP, and CCJ all ramping higher. I’m betting we close green.

Previous Posts by Mr. Cain Thaler

Mr. Cain Thaler says:

The hell…?

Silver’s up 4%.

The market is rolling back over.

Treasuries are ramping.

So is the euro.

And all of these moves are fairly significant.

I’m going back to bed…

Mr. Cain Thaler says:

The reversal is not underway. Weird day.

The Fly says:

IT IS UNDERWAY, AND MORE.

Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,354.40 0.80% NASDAQ 3,498.97 0.97% S&P 500 1,667.47 1.03% VIX 12.45 -4.74%	SPX 500 (CFD) 1,665.90 -0.01% DOW (CFD) 15,345.00 -0.06% NASDAQ 100 3,025.10 -0.13% EURUSD 1.283 -0.05%	UK 6,723.06 0.53% GERMANY 8,398.00 0.34% FRANCE 4,001.27 0.56% SPAIN 8,582.40 0.47%	H. KONG 23,082.70 0.17% JAPAN 15,138.10 0.67% KOREA 1,986.81 0.79% SHANGHAI 2,282.87 1.38%	NAT GAS 4.10 -0.24% GOLD 1,453.60 -0.60% SILVER 23.76 -0.77% COPPER 3.19 0.32%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR -0.03 -314.29% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.86 -0.96% GERMAN 10YR 1.33 -0.38% ITALIAN 10YR 3.90 -2.04% SPAIN 10YR 4.21 -2.35%	WTI 96.02 0.90% BRENT 104.72 0.00% WTI/BRENT 8.70 321 CR SPR 21.96 10.04%