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To: Jeff Jordan who wrote (405929)	5/30/2010 8:30:07 AM
From: Giordano Bruno	Respond to of 436258

Friday's massive late day swings The attached chart demonstrates conclusively (and hilariously) just how impotent stocks are, especially on days when even the Liberty 33 crew is in Long Island, in every attempt to break the magnetic EUR correlation. The attempted decoupling that started around 2 hours prior to the close, in which stocks were praying that the EUR correlation desks would follow into the close and just melt up following Atari's cavalry charge into the weekend, broke with 5 minutes to go, as stocks ended exactly where the EURUSD said they would, and very much the opposite of where Michelle Caruso-Cabrera and Bob Pisani were hoping they would (which would be relevant if the pair actually had any credibility still left to be torn down). zerohedge.com