Tuesday, September 7, 2010

today's action make me belive we are ready for the big fall. We may get a little rebound till tomorrow, but then this market should bring reality to us.
Today we were able to know that several banks in europe just "forgot" to mention 70% of the debt from south countrys when they were subject to the stress test... LOL... for those who belives this test were serious...

In Portugal we just thanks that ECB will keep lending us till 2011. We and the spanish, and the irish, and the greeks, and...
We know that if there's no ECB we just were in default, so i think: is there fundamental's that suport a big move down in EUR? I say: are you serious?

Good Luck

blog comments powered by Disqus

Post a Comment


The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

  © Free Blogger Templates Nightingale by 2008

Back to TOP