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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: elmatador who wrote (26629)12/18/2007 3:22:31 AM
From: TobagoJack  Read Replies (4) of 217884
 
Yeup, sounds right, and so I agree.

BTW, this just in in my e-mail tray ... what could it mean? opportunities to loot, of course ;0)

QUOTE
Jim Walker has it right. Something big has blown up in Europe, but no one is talking about it......

From the Financial Times:

Emergency help for financial markets entered new territory on Monday night as the European Central Bank announced it would on Tuesday offer unlimited funds at below market interest rates in a special operation to head off a year-end liquidity crisis.

The surprise move, which follows last week's co-ordinated barrage of measures by the world's central banks to increase market liquidity, suggests the ECB is still frustrated at the failure to ease market tensions.
UNQUOTE
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