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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Sam who wrote (53469)	8/28/2011 9:08:26 PM
From: FJB	3 Recommendations Read Replies (1) of 95572

I predict a very bad week. Euro bail-out in doubt as "hysteria" sweeps Germany German Chancellor Angela Merkel no longer has enough coalition votes in the Bundestag to secure backing for Europe's revamped rescue machinery, threatening a consitutional crisis in Germany and a fresh eruption of the euro debt saga. By Ambrose Evans-Pritchard 8:07PM BST 28 Aug 2011 Mrs Merkel has cancelled a high-profile trip to Russia on September 7, the crucial day when the package goes to the Bundestag and the country's constitutional court rules on the legality of the EU's bail-out machinery. If the court rules that the €440bn rescue fund (EFSF) breaches Treaty law or undermines German fiscal sovereignty, it risks setting off an instant brushfire across monetary union... telegraph.co.uk

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