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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (12835)10/5/2011 5:54:06 AM
From: John Pitera  Respond to of 33421
 
Not to worry global valuations have been cut across the board.

Italy cut 3 times in terms of rating standards and they are the huge player that I illustrated chart last weekend.

the Euro has about 3 to5 weeks left and then the defaults will such back in the credit default swaps writters and we shall have 2008..... but the ready money has already been tapped out and then the public protest followed by the violence hits the street.

John


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