Mr. Valentine Has Set The Price…

On euro-denominated government bonds in Germany

(Reuters) – Stocks were set to open lower on Wednesday, adding to the previous sessions losses and mirroring weakness in Europe as worries over tighter financial regulation put pressure on equities.

…Investors’ confidence was rattled as Germany banned naked short sales of euro-denominated government bonds, credit default swaps based on those bonds, and shares in the country’s 10 leading financial institutions.

Sell, Mortimer! SELL!!!

7 Responses to “Mr. Valentine Has Set The Price…”

  1. Skyler says:

    I don’t understand. If they’re naked, why do they have shorts?

  2. Mr. Bingley says:


  3. Mr. Bingley says:

    We have a saying in the commodity markets that “you need to drop your shorts and grab your longs”.

    Not sure if that would help the Germans, though.

  4. mojo says:

    “Turn those machines back on!”

  5. Yojimbo says:

    “you need to drop your shorts and grab your longs”.

    “The bigger the base, the better the case”:)

    Ms German Chancellor was on the tube today talking about the need to have orderly defaults. Behold-the cheer meerchant.

  6. Mr. Bingley says:

    At this point it will take a Merkel to save Greece!

  7. On CNBC today, they called the first set of German shorts “Lederhosen”.

    Thank you! Thank you very much!

Image | WordPress Themes