Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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From: Eva	8/30/2011 8:45:04 PM
	1 Recommendation of 4904

update -- trotsky, 17:34:41 08/30/11 Tue A late update, for technical reasons.... The Sword of Damocles The stock market is bouncing, but not in what we would deem a technically convincing manner. In fact, it looks even a bit more dangerous now than before. News out of euro-land are an amazing vaudevillian tableau... the Greeks find new suckers in the Middle East to prop up their insolvent banks (good on them), the Finns still insist on collateral (which is liable to sink the whole bailout deal), Italy decides to replace its austerity plans with 'vague resolutions', and in Germany, they are apparently 'hysterical', or so says the EU's chief bailout officer Klaus Regeling, who likely is beginning to fear for his job security. Something's going to give, and probably soon. acting-man.com

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