Bovespa down 10% at the bell and immediately halted. Isn't this fun?
Petrobras (PBR) was down 13% at the bell...it's now down 5%. Oops, sorry...it's now down 7%. Yep, it's one of those days. Oh! Now it's down just 4%.........
I hate to say it and may be proved wrong as the day continues, but I suspected gold wouldn't be the one they all ran to. Spot gold is down under $900 as people liquidate to fill other holes in their portfolio. It's not PTB, goldbugs...it's everybody.
The Argentine stock market has come up with a smart plan to avoid losses today. It hasn't opened.
PCU down 14% at $10. This might mean those truck tires are about to get cheap again.......
As for the junior miners, plenty to choose from but CHECK OUT AQUILINE! (AQI.to). Errr...wrong time for a private placement, boys?
Oh looky! The Dow's now only 2.3% down......beats me why anyone was worrying. All is well....all is well......all is well.
UPDATE 11:30am: I couldn't resist. Bought some PBR at $25. Only a small position, and more for the fun than for the possible alpha.
Petrobras (PBR) was down 13% at the bell...it's now down 5%. Oops, sorry...it's now down 7%. Yep, it's one of those days. Oh! Now it's down just 4%.........
I hate to say it and may be proved wrong as the day continues, but I suspected gold wouldn't be the one they all ran to. Spot gold is down under $900 as people liquidate to fill other holes in their portfolio. It's not PTB, goldbugs...it's everybody.
The Argentine stock market has come up with a smart plan to avoid losses today. It hasn't opened.
PCU down 14% at $10. This might mean those truck tires are about to get cheap again.......
As for the junior miners, plenty to choose from but CHECK OUT AQUILINE! (AQI.to). Errr...wrong time for a private placement, boys?
Oh looky! The Dow's now only 2.3% down......beats me why anyone was worrying. All is well....all is well......all is well.
UPDATE 11:30am: I couldn't resist. Bought some PBR at $25. Only a small position, and more for the fun than for the possible alpha.