iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

European Markets Open Sharply Lower

England -1.0%
France -1.2%
Germany -1.8%
Italy -2.2%
Spain -1.5%

Idiot short selling ban is in effect.

Related: S&P futures are at session lows, down 20.

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9 comments

  1. checklist

    down 40 tomorrow…

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  2. The Fly

    Then up 40 Monday.

    MEAT GRINDER

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  3. checklist

    there just isn’t anybody in the way of the algos. france at zero growth is enough to set them off…

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  4. The Fly

    The short ban takes away from liquidity too.
    So stupid.

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  5. checklist

    there have to be some incredibly cheap “baby and the bathwater” stocks over in europe right now. things not really in trouble or doomed to die in the financial crisis trading at some silly valuation.

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      French stocks like SNY and TOT have been scalped despite the nice bounty they provide in dividends.

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  6. Hawaiifive0

    This sucks. We need a positive news event.

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  7. The Fly

    Have you seen LOGI? WOW.

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  8. The Fly

    Europe has been selling off positive opens all week. Maybe then can climb out of a hole. Let’s see.

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