Anyone else suprised by this lack of action?

All in all, the dax have been sporting a 15 % rally during the summer, so all considered, a 1-2 % down reaction is interestingly mild - crude on top
 
Quote from tomcole:

jem--The upcoming EU meeting is why. With Germany deadlocked and an apparently caretaker gov't there, France voted against the EU constitution , so their leadership is suspect, no one is left to guide the EU. Perhaps this is the first crack that breaks up the EU.

IMHO, institutional money will begin to exit Germany and head to more poitically stable places.
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Check out CEE the central european fund. I would expect a mass exodus from Germany into poland, czech and other less socialist Eastern European countries.
 
Quote from sputdr:

Check out CEE the central european fund. I would expect a mass exodus from Germany into poland, czech and other less socialist Eastern European countries.
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This should tell a story.


CENTRAL EUROPE & RUS (NYSE:CEE) Delayed quote data

Last Trade: 44.23
Trade Time: 4:00PM ET
Change: 1.95 (4.61%)
Prev Close: 42.28
Open: 42.70
Bid: N/A
Ask: N/A
1y Target Est: N/A

Day's Range: 42.70 - 44.46
52wk Range: 23.05 - 42.28
Volume: 70,400
Avg Vol (3m): 43,944.6
Market Cap: 451.01M
P/E (ttm): 6.83
EPS (ttm): 6.48
Div & Yield: 0.17 (0.40%)
 
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