Just a quick update before i hit the road. The euro rally has evaporated and stocks in Europe are selling off with the Euro which has dropped 1/2 cent in the last hour. Stock futures here have turned lower.
Okay sweet potato biscuits ready to go...hitting the road shortly.
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
The U.S. Fed and European banking authorities are really starting to ratchet up tier 1 capital reserve requirements. This tells me they are expecting a much worse scenario and meltdown that is already factored in the markets. Could we see a 1000 point downdraft? Stay tuned.
the latest plan is coming out of europe overnight. im not impressed.
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