Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Greece stocks crashed today. The ATG drops nearly -13% the largest one-day drop in almost three decades. Greece remains mired in political and economic troubles.New elections are called which creates uncertainty and the stocks were immediately thrown out the window. Greece was a bloodbath today. If the Dow would drop -13% in one day that would be a loss of 2314 points. If the SPX dropped -13% in one day that would be a drop of 268 points. Greece is in disarray. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. Note Added 7:43 PM on Wednesday evening, 12/10/14: The ATG loses another -1% but was down -3% intraday. The ATG collapses -14% in 48 hours.
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