John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (14045)	4/17/2013 1:25:06 PM
From: robert b furman	Read Replies (1) of 33421

Hi John, Excellent point. Note Macd has a ways to drop. It appears that austerity from Euro land will be catastrophic. Sadly all of the lessons we went through have provided little help over in slow to do anything Euroland. By the time they get it all together,USA companies will pick the bones of good Euro companies. We will have the banks to fund the acquisitions. In Eurolands decline many babies will be thrown out with the bath water. Heard today that car sales are plummeting - much like we went through in 08 and 09. Back then Euroland went through a much larger and aggressive cash for clunkers type save the industry social programs. A strong Dollar and a collapsing Euro will pay all the fees for a well timed merger or acquisition. That chart is just scary!! Bob

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