Tuesday, November 30, 2010

Europe Falling Apart

Europe seems like it sells off every day.  The euro also.  Yet there is no panic.  It is a controlled selloff and weakness just doesn't last.  Traders are quick to buy the dip which is a recurring theme.  I am still bearish on this market.  The path to the bottom will be longer and slower than expected.  Not much of an edge either way so I will mostly watch.

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