Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 44.96

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To: da_cheif™ who wrote (69720)	11/9/2011 11:58:58 AM
From: robert b furman	Read Replies (2) of 206795

What's with down US markets until Europe closes -then recovery. Is that much money from Europe coming out of our markets,as Europeans grab dollars for back up / risk off trade? If so we are holding up very well and should break out just as soon as the bond vigilantes impose pain until austerity action is done vs being gummed about in all of EURO LAND. Time for Germany to cough up a fur ball and support the Euro they've been benefitting on for the last decade. Does any one think the Deuche Mark would have been as low as the Euro has been these last 10 years.If so their export competitiveness woould have put them in recession also as in a strong Mark would have made them much like the Yen.Ask Toyota how they like Dollar bYen @ .75. Time to pony up and be the adult. First off I still think Germany should take over Italy's gold reserves and then back the ECB and buy the junk bonds of all the PIIGS. When you hang with PIIGS You get called one. Bob

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