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I'll take that as a reluctant semi-recommendation then! :)

So you prefer playing with yourself then? Whatever rocks your boat.

So each US$ would be worth 16 euros? Interesting ... :D :D :D :D :D

If you count the top 15% as an irrational blow-off and dismiss it as speculators talking up the market and the dumbest of the dumb buy at those prices you could re-draw the line with a more realistic bubble up to today's prices and the coming falls starting today at the same rate as they did in...

(It must be bad if capslock is here) To the OP: Economists DID see this coming, so did many others, although the timing was generally out for most observers (except the magical hindsight traders). As to the exit from this particular downturn, it all depends on (obviously) when the economy...

Anyone heard of Michael Carboni, he has a website where he gives tips? Yeah he's a bit shouty but pretty entertaining and has very good analysis skills.

Nah, it's a short-term ... um .... Yeah!

A decision to opt out of the euro would have to be one of very, very last resort, especially when you're moving to a [perceived] weaker currency. It also could stoke inflation, something the Italians and Spanish have knowledge of and knowledge of it's repercussions.

He's joined up with Fats Domino to produce the world's most awesome ring tones :p

It all feels like we're in a recession, and plenty of indicators - anecdotal and statistical - indicate the economy is going through a recessionary period. These statistics won't be fully clear until the second half of '08 so there's no definite proof of recession at the moment. I'm willing to...