08-04-10 05:46 PM
Some of the "Fear" I see coming.
STUPID FIAT MONEY (Spain, Turkey, UK, Portugal, Italy, Dubai---France, Ireland, Austria, Turkey)
Well we sure turned on a dime up at the 1227 SPX 61.8%Fibonacci line again like back in late April. Double Top?
The POMO sure did save the late part of the day once Europe was closed, but then again we were sitting on critical support levels. IMHO until the Yen starts to rally again we won't see the real pain on the streets.
$COSTAverageMAN