– Greece Is Crashing (ZeroHedge, Oct 15, 2014):
As we explained in detail yesterday, between governments hopes to exit the bailout program early (in order to save their election) – which the market does not like the idea of – and fears over the reality of OMT, Greek markets are tumbling. Greek stocks are down over 9% – the biggest plunge in 6 years and bond yields are surging… it appears the market is demanding Draghi get back to work as the “whatever it takes” gains have been halved (Greek stocks -35% from March 2014 highs).
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Possibly related info:
– Did Today’s ‘Satan Signal’ In S&P Futures Give The ‘All-Clear’ For Selling To Begin? (ZeroHedge, Oct 9, 2014):
… “someone” canceled-and-replaced orders for 666 contracts 26 times in the 1130ET to 1200ET period …