Losing ES & Euro ~ re Euro Shares Turn Red, Led Down by RBS:

Losing ES futures collapsed at the resistance shown at the chart below. ES traded to lower TL support.
@ES 838.50 -10.00 -1.18%

Losing Euro ~ re Euro Shares Turn Red, Led Down by RBS:

Euro markets are losing blood again as usual.

The Doom/Gloom comments are the just same as what we are faced with in global markets -- Plutocracy which is the gap between rich and poor getting giant -- that concept applies to the corporations as well based on the Marc Faber's comment. Based on the primitive concept of survival of the fittest, the plutocracy is well fed starving the rest -- a totally contrary belief of Dr. Martin Luther King's belief which is helping oppressed as well as the Lincoln's belief.

http://www.cnbc.com/id/28730368

http://www.cnbc.com/id/28729696

Euro Shares Turn Red, Led Down by RBS
EUROPE, STOCK MARKET, EARNINGS, M&A, ECONOMY
Reuters
| 19 Jan 2009 | 08:58 AM ET

European shares surrendered gains and turned negative by early afternoon on Monday as banks extended losses, led by Royal Bank of Scotland, which reported the biggest-ever loss in UK corporate history.

The FTSEurofirst 300 index of top European shares was down 1.5 percent at 791.78 points, having been as high as 817.56 earlier.

Banks took the most points off the index, with RBS itself tumbling 48.4 percent.