Emini Trading Update – Monday 23 July 2012 (11:51)
Wow. Well that was quite the sell-off. But then somebody stepped in, held it and managed to reverse it. And they stopped the Euro breaking 1.20 too.
At this point, after the wheels are falling off in Europe and even recession-proof MCD disappoints, who is buying equities? Silly me, we’re not allowed to Short them now, of course we’ll just buy instead.
Footage from Reuters. Spanish politician seen screaming “Buy my bonds”.
Good luck with your Emini trading.