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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (78769)8/30/2011 7:51:42 PM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 217917
 
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