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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (24157)	8/26/2011 5:37:44 PM
From: robert b furman	Read Replies (1) \| Respond to of 219494

HI GZ, This is very likely the correct count(IMO): Message 27597630 If so there is a 5 down yet to go. That 5 may be a Euro collapse on refinnancing Greeces debt - Hard headed Germans will succumb to international pressure to buy the debt through the ECB. Funny that BAC had to take WB's low ball offer - there is still rot in the system and it is far from transparent.That being said - it may just have been diverted? Italy and Greece will have to forfeit their gold reserves to get that support (8 % of the debt). I'm long and loaded with some dry powder. If the market pops up - I'm happy. If the market has one more ugly wave down and Euro's quit kicking the can down the street and FIX their GD Problems - then we launch up for a historic run. Could be one more tough patch to endure - but I hope not. Bob