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Here you go Matt ...
Tuesday September 11, 7:09 am Eastern Time
RPT-Eurostocks advance amid short-covering, KPN shines
(UPDATE: Refiles to add dropped words in paragraph 9)
By Louise Ireland
LONDON, Sept 11 (Reuters) - European shares rose on Tuesday as players covered short positions amid growing expectations markets may be bottoming out, and investors focused on titbits of corporate good news including an Intel tie-up for KPNQwest.
Technology and telecom stocks led the advancers despite warnings overnight from a batch of U.S. technology firms, and investors said that sentiment was less brittle than in the last few sessions.
By 0730 GMT the FTSE Eurotop 300 added 1.2 percent and the DJ Euro Stoxx 50 put on 1.6 percent.
Benchmark indices across the region are still in danger of re-testing the lows of autumn 1998, when the devaluation of the Russian rouble and the following high-profile collapse of hedge fund LTCM sparked the last major pull-back.
``Certainly markets are down at attractive levels -- on an earnings yield basis, for instance -- at which some investors just can't resist buying. And we may be about to bounce off support levels,'' said Standard Life head of global strategy Andrew Milligan.
``And by technical measures of market sentiment we look close to capitulation. Perhaps the trigger for actual capitulation with be a really shocking pre-announcement or the batch of data from the U.S. on Friday,'' he said.
Techs surged 2.9 percent and telecoms (^SXKP - news) 2.8 percent, helped also by stronger Nasdaq futures.
Marconi (quote from Yahoo! UK & Ireland: MONI.L) -- badly-bruised but recovering -- led the blue-chip gainers with a 13.4 percent rise. Tuesday night is the cut-off for the quarterly review of the FTSE 100 index with Marconi a prime candidate for relegation.
Marconi was followed by France Telecom up 4.6 percent. ING added more than four percent after taking a battering on Monday along with other financials amid fears over bad debts and weak trading volumes.
"The stocks that are up most are the ones that were down most yesterday and last week. The hedge funds are feeding off them, and that's why you're seeing the massive volumes in futures markets versus the cash. They're playing it anywhere and everyway they can," said a director at one major European bank.
Then came this nonsense and thus I agree with Rager it appears the short will go nuts. They need to force shorts to cover.
:=) Gary Swancey
More on this comparison of the anti-christ:
http://abcnews.go.com/sections/world/dailynews/terror_980609.html
Century 1, Quatrain 50
From the three water signs will be born a man
who will celebrate Thursday as his feast day.
His renown, praise, rule and power will grow
on land and sea, bringing trouble to the East.
Century 2, Quatrain 30
One who the infernal gods of Hannibal
Will cause to be reborn, terror of all mankind
Never more horror nor the newspapers tell of worse in the past,
Than will come to the Romans through Babel (Iraq).
Century 2, Quatrain 62
Mabus then will soon die, there will come
A horrible slaughter of people and animals:
At once vengeance is revealed coming from a hundred hands,
Thirst and hunger when the comet will run.
Century 2, Quatrain 89
One day the two great leaders will become friends (and/or "halved, split"),
Their great power will be seen to increase:
The new land will be at the height of its power (America),
To the bloody one the numbers are reported.
Century 4, Quatrain 95
The rule will be left to two; they will hold it for a very short time.
Three years and seven months passed, they will go to war:
Their two vassals rebel against them,
The victor is born on Armenian (?) soil.
Century 8, Quatrain 77
The Antichrist very soon annihilates the three,
Twenty-seven years the blood of his war will last.
The unbelievers are dead, captive, exiled;
With blood, human bodies, water and red hail covering the earth.
Century 10, Quatrain 66
The chief of London through the realm of America,
The Isle of Scotland will be tried by frost:
King and "Reb" will face an Antichrist so false, [or "Roy Reb" or "Reb the King"]
That he will place them all into the conflict.
:=) Gary Swancey
Absolutely rager, scumbag opportunists.
:=) Gary Swancey
Interesting taking Nostradomus predictions and then seeing what fits"
Who could be the anti-christ? Why July 1999? hmmmm ...
July 1999: US imposes trade sanctions against the Taliban for continuing to harbour bin Laden. Washington warns that military action against Afghanistan remains an option.
Fresh UN peace talks through the Six-plus-Two group falter as the world body appeals to both sides to abandon the much anticipated summer offensive.
UN Special envoy Lakhdar Brahimi leaves Afghanistan on July 25 after making a last ditch appeal for peace. Taliban and Northern Alliance launch Summer offensive on July 28.
7-31-99 At rallies in Pakistan and Afghanistan, demonstrators have warned the United States not to mount another attack on Osama Bin Laden, the terrorist held responsible for last year's bombing of two U-S embassies in Africa. The U-S State Department has offered a five-million-dollar reward for information leading to his arrest, and dozens of his operatives have been arrested in various parts of the world.
There is a halo effect to Osama Bin Laden, says Khalid Duran, editor of "Trans-Islam" magazine. He is a pure bred Arab from the Arabian peninsula, land of the Prophet Mohammed.
:=) Gary Swancey
This is an attitude that is needed.....
from DL-Project
http://members.aol.com/projectdl/index.html?mtbrand=AOL_US
9/11/01 - We're flying flags at half staff for the remainder of the year in mourning for the loss of lives from this catastrophic event. Once the market open for trade, we'll sell our freeshares in EMC and donate the proceeds to organizations that are dealing directly w/ the victim's families - it's time to give back and contribute. Let the healing process begin, our prayers and sympathy goes out to all sufferers.
On the market front, anyone who will be taking new short positions or those who appears on networks touting more mkt downside, taking advantage of this national crisis, are - unpatriotic scumbags and the lowest form of life.
Here is the URL for Nastradomus that rager posted:
http://www.dreamscape.com/morgana/nosproph.htm
:=) Gary Swancey
USA not responsible for Kabul bombing ... But i think Bush should turn sand into glass in terrorist occupied areas.
:=) Gary Swancey
Especially American and United ...
:=) Gary Swancey
Hey Matt Europe is covering short positions
http://biz.yahoo.com/rf/010911/l11109396_3.html
:=) Gary Swancey
Good point. Also airline stocks should be under some long term pressure as the American people become more reluctant to fly.
Yes and short insurance stocks
:=) Gary Swancey
The FBI has set up a website to report info regarding the terrorist attacks on the WTC today. I am supplying the link below for anyone to use who may have information regarding these attacks.
http://www.ifccfbi.gov
Yes it will affect the markets regardless of time. I think they should call all short position margins. Thus this would show a rally and the Bank would not have to put up money for the panic.
If they do that the market could be just fine.
:=) Gary Swancey
War as a general rule is good for the economy. Buy domestic oil, gold, and defense stocks.
Exactly 10 years ago Bush Sr. stood before Congress and stated that Saddam would NOT be successful in taking Kuwait.
9-11-1990 - U.S. President Bush vowed "Saddam Hussein will fail" while addressing Congress on the Persian Gulf crisis.
http://www.on-this-day.com/
As far as governments that harbor terrorists
http://www.afghan-politics.org/Reference/Terrorism/1999/WashPost_Comment_May_2_2000.htm
Also other historical events:
9-11-1986 Dow Jones Industrial Avg suffered biggest 1-day decline ever, plummeting 86.61 points to 1,792.89. 237.57 million shares traded
9-11-1973 Chile's President, Salvador Allende, deposed in a military coup
9-11-1977 JOINT PRESS CONFERENCE WITH SECRETARY OF STATE MADELEINE ALBRIGHT AND CHAIRMAN YASSER ARAFAT
http://www.usembassy-israel.org.il/publish/press/visits/september97/ramalla1.html
Interesting read written on September 11, 2000
http://www.thenewamerican.com/tna/2000/09-11-2000/vo16no19_charade.htm
:=) Gary Swancey
Also, do you think this will greatly affect the markets?
I'm not made up in that regard.
If they open it Thursday, absolutely. I think everybody needs a week or so to cool off and not be in panic-mode.
Then again, this might have just opened *the* can of worms for a sure-fire depression.
Thoughts?
MB
Gary,
Do you think this is all the workings of just one man/country or do you think other countries have ties to this as well?
Such as Saddam (sp?)
I have a bad feeling this is all just starting.
So why the 11th day and flight 11 as the first to hit could it be becuse the FBI busted Ramzi Yousef, the convicted mastermind of the World Trade Center bombing in 1993, used encrypted files to hide details of a plot to destroy 11 U.S. airliners. Philippines officials found the computer in Yousef's Manila apartment in 1995. U.S. officials broke the encryption and foiled the plot. Two of the files, FBI officials say, took more than a year to decrypt.
http://www.usatoday.com/life/cyber/tech/2001-02-05-binladen.htm
:=) Gary Swancey
A post of the numbers of the flights from A@P. Adding the flight numbers.
From: Anthony@Pacific Tuesday, Sep 11, 2001 4:18 PM
View Replies (3) / Respond to of 73374
Follow me along here in that post the Butthead says that The center of the earth and the northeast region will be destroyed...that leaves tomorrow through friday
Today is the 11th.
Flight 93 add the numbers together = 12
Flight 175 = 13
Flight 77 = 14
Coincidence ??? definatly wierd...
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16333300
:=) Gary Swancey
Today's date is 911 in 2001. Kabul, Afghanistan has explosions taken out the fuel and the airport I believe. Thus that criminal Omasa Bin Laden should be without a country or anywhere to hid and plot futher murder of innocent people.
GRRRRRRR ...
:=) Gary Swancey
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