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Re: Anyone notice where the DOW closed today???

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 15 May 12 6:54 AM | 80 view(s)
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Msg. 41110 of 45651
(This msg. is a reply to 41108 by Decomposed)

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What what you suggest DE is, Reality might be allowed to occur???? LOL What a novel notion on the part of the market participants............




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: Anyone notice where the DOW closed today???
By: Decomposed
in ROUND
Tue, 15 May 12 6:08 AM
Msg. 41108 of 45651

I didn't notice the number; just that it was DOWN.

It's a trend that should last a bit longer. The Euro has a *LOT* of falling in store for it.

Greece isn't a big deal by itself. It's about equivalent to Apple. But if Greece leaves the EU, it forces the euro's value to be recalculated, totally screwing over those who have much invested in it. That kind of price volatility is not appreciated by investors. Then they'll start thinking about Spain. And Portugal. And Ireland. And Italy. And Belgium. And, eventually, about FRANCE.

Little Greece will create quite a commotion if it leaves the EU. The euro will fall hard, which means that American stock markets should too. They're beginning their descent now, in anticipation.


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