monday not lokkin good, page-2

IMO European markets could be deeply rattled again by renewed concern from Ireland and Spain's finacial situation and probably affected by today's Asian markets steep fall and overnight US DOW fall.
(DOW futures now -100)

Bloomberg's articles tell reason why Asian markets fall atm.

"Asian Stocks Decline as China's Inflation Spurs Interest Rate Speculation"

"China's Stocks Plunge Most in 4 Months on Imminent Rate Increase Concerns"

And US president has not attained much from the G20 Seoul summit. No free trade with South Korea. If agreed it could be his great achievement and it was his one of priority matter to achieve. And not welcombed by other meeting nations for QE2 (printing money) policy.

My one of biggest concern is that yesterday's hugh fall in Korean market by selling one of foreign investors Dueuches Bank and today's Shanghi's more than 4% fall could trigger worldwide sell off. And then changing up-trend into down trend.


I would like to see "Anything could happen in the markets."
This means on the contrary it could go up severely.

Let's see


regards,