joany thursday, page-6

jgunther,

I was going to post yesterday, during the frothy spike of our market in the afternoon, that punters perhaps should watch out for greece/europe debt crisis to come back soon, with a vengeance; but I decided not to.

I dont know why wall street fell 2% but anyone who has been following Elliott Wave gurus and the like will be hard pressed to show you someone who was saying the correction was over. Well maybe it is and just night was a blip but bernanke has completely distorted the markets and the weak hands should of been shaken out mid year but they werent so without a proper correction no real lasting and new highs rally according to one guru.

Maybe, but what could happen is the greek opposition parties, including the nazi party can you believe it, now believe they have the numbers and are trying to force, or could soon force, another election. i.e. greece could blow up. And Spain is waiting for greece to resolve itself one way or another before it does a thing.. And France is said to be... blah blah blah.

Yes I know, the same old song,etc..

rambling...