Saturday, July 9, 2011

stupid €uro-peans, indeed ;-(

why are we europe-ans that stuuuuupid? why dont we (as a group) have own judgement, values, brave hearts etc? why do we always track what has asia, AMERICA, ... done before we decide? why the hell do we 'need' the american rating agencies, FED, government, USD and all other 'imports' to direct our way? why are especially we germans that stupid that we finance the whole 'old' continent without exerting any control / influence or at least set some rules in case future 'support' aka money is needed? why are we afraid to lead?

even in the stock market we dont have our own opinion, just look what happend to the german dax-index when the us market opened low (DAX vs. DJIA):

poor €uro, poor europe, indeed ;-(. well, i was prolly right in my former blog post, wasnt i?

why the hell are we €uro-peans that fearful + stupid? is it abt our genes?

2 comments:

Ailame said...

interesting noting. however, a direction of the dependency is not so clear from your snapshot of the two charts. Actually it looks now as if the DAX's fall had cased the DJI open in low numbers. :-)
could more clear if DYI chart is shown starting already at 14h.

jaro gruber said...

what a supervision! you are right, the german DAX reacts to guidelines from usa already when the u.s. futures starts trading, as far as i know it is at 14:00 ... and the u.s. stock market starts at 15:30 with a 'direction' the futures set before ...

hell, i thought no one would recognize that slight time difference :-)